David Mongeau is a registered investment advisor at Chess Financial Planning LLC, based in Sacramento, CA, with 12 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Tax Planning. Their firm serves 30 clients with $7.1M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Chess Financial Planning integrates investment management with financial planning, charging a monthly fee based on your tax bracket and the amount of your investments. The annual fee is calculated by adding a base planning fee (based on your tax bracket) to an investment fee of 0.35% on the amount of your investments exceeding a certain credit. This credit varies based on your tax bracket. The combined fee is then divided by 12 to determine your monthly payment. Chess only offers investment accounts for planning clients.
Location
Sacramento, CA
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Chess Financial Planning LLC
Previous Registrations
LPL Financial LLCBroker
The Wealth Consulting Group
Independent Financial Group, LLCBroker
Independent Financial Group, LLC
Chess Financial Planning LLC
Banc of America Investment Services, INC.
Banc of America Investment Services, INC.Broker
Quick & Reilly, INC.
Quick & Reilly, INC.Broker
Fidelity Brokerage Services LLCBroker
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.