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David Abdulky

Momentum Independent Network INC.
24 Years of Experience
Colleyville, TX
1 DisclosureBrokerSells Insurance
View SEC Summary
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David Abdulky is a registered investment advisor at Momentum Independent Network INC., based in Colleyville, TX, with 24 years of industry experience. David is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Estate Planning, Investment Management, and 2 more. Their firm serves 2,879 clients with $1.6B in assets under management.

Momentum Independent Network INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
129 advisors
Number of Clients
2,879 clients
Average Client Portfolio
$559K average
Assets Under Management
$1.6B

Fee Structure

Minimum Investment:$30K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.25%
$250K - $500K2.00%
$500K - $1.0M1.75%
$1M+1.50%

Rates reflect the maximum annualized fee schedule for individual securities accounts across primary advisory programs. Other programs and asset classes (such as mutual fund only accounts or fixed income portfolios) feature different maximum fee schedules ranging down to 0.90%. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

6224 Colleyville Blvd, Suite A, Colleyville, TX, 76034

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Criminal
August 1989
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David is an independent agent for Asurea, an insurance agency, since 2011, dedicating a few hours per week. He also works a few hours per week as an independent agent for United Health Group, selling short-term medical and healthcare insurance since 2018.

Employment History
Current Registrations
Momentum Independent Network INC.
January 2006 - Present · 20 yrs 9 mos
Momentum Independent Network INC.Broker
April 2003 - Present · 23 yrs 6 mos
Previous Registrations
Edward JonesBroker
July 2001 - April 2003 · 1 yr 9 mos
State Registrations5 states
CTMNTXVAWA
AdvisorBrokerBoth

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
No exam information available for this advisor.
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