David Hammer is a registered investment advisor at Hammer Asset Management, LLC, based in Auburn, CA, with 14 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 54 clients with $27M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $300K | 1.50% |
| $300K - $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2M+ | 0.75% |
Accounts under $300,000 are charged a flat annual fee of $4,500 (up to 3% of assets). An annual discount of up to 0.25% may be negotiated for multiple accounts, and rates for accounts over $5 million are negotiable.
Fee Estimator
Location
1223 High Street, Ste B1-2, Auburn, CA, 95603-5017
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
David is the bookkeeper and handles online order fulfillment for Sandalwood House, LLC dba Purple Cloud Tea, a retail kitchen cooking supplies and tea ware business. He owns 49 shares of the entity and spends about 10-20% of his time on these duties.
Employment History
Current Registrations
Hammer Asset Management, LLC
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
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