David Herrman
David Herrman is a registered investment advisor at PNC Wealth Management, based in Owensboro, KY, with 22 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Annuities. Their firm serves 157,536 clients with $27B 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 $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $4.0M | 1.00% |
| $4M+ | 1.00% |
Fees negotiable for accounts over $4,000,000. From time-to-time, we offer discounted pricing programs at our discretion. For example, current employees of PNCWM and their immediate family members are eligible for employee pricing.
Fee Estimator
Location
3013 Frederica Street, Owensboro, KY, 42301
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
October 2005Other Business Activities
David is a managing member of H&M Properties of Bowling Green, LLC since 2005. This non-investment related activity requires minimal time.
Employment History
Current Registrations
PNC Wealth Management
PNC Wealth Management LLCBroker
Previous Registrations
Natcity Investments, INC.
Natcity Investments, INC.Broker
Natcity Investments, INC.Broker
Edward JonesBroker
Horace Mann Investors INCBroker
State Registrations7 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.