David Mcdonald is a registered investment advisor at Twin Lights Capital Management LLC, based in Beverly, MA, with 4 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. Their firm serves 22 clients with $51M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1M+ | 1.00% |
Fees are generally not negotiable but may be reduced or waived at the firm's discretion.
Fee Estimator
Location
100 Cummings Center Drive, Suite 322D, Beverly, MA, 01915
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 a part-time Adjunct Professor of Finance at Boston University since 2019. This non-investment related activity takes about 10-20% of his time during non-trading hours.
Employment History
Current Registrations
Twin Lights Capital Management LLC
Previous Registrations
Dakota Wealth, LLC
State Registrations1 state
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.