David Donnelly is a registered investment advisor at Spiderrock Advisors, LLC, based in Chicago, IL, 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 Investment Management. Their firm serves 769 clients with $6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SpiderRock Advisors charges an annual management fee based on a percentage of the assets allocated to SRA. Fees are negotiable and depend on the client, strategy, amount of assets managed, and service level. A minimum annual fee may apply, but SRA has the discretion to lower or waive it. Clients may choose to pair strategies, resulting in separate advisory fees for each strategy implemented on the same assets. Standard annual advisory fee rates are:
- SpiderRock Hedged Equity Concentrated Stock (SRHEC): 0.50%
- SpiderRock Hedged Equity Portfolio (SRHEP): 0.50%
- SpiderRock Managed Index Income (SRMII): 0.60%
- SpiderRock Cash Secured Put (SRCSP): 0.50%
- SpiderRock Exchange Fund Replication (SREFR): 0.85%
- SpiderRock Opportunistic Yield Enhancement (SROYE): 0.70%
- SpiderRock Structured Note Replication (SRSNR): 0.60%
- SpiderRock Index/Stock Replacement (SRISR): 0.60%
- SpiderRock Capital Efficient Borrowing (SRCEB): 0.50%
Location
227 West Monroe, Suite 4300, Chicago, IL, 60606
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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 provides advice to the CEO of Trove, LLC, a company that provides loans to individuals, and has invested in the company. This activity requires minimal time.
Employment History
Current Registrations
Spiderrock Advisors, LLC
Blackrock Investments, LLCBroker
Previous Registrations
Blackrock Investment Management, LLC
Spiderrock Advisors, LLC
Burch & Company, INCBroker
Healthios Capital Markets, LLCBroker
303 Alternatives, LLCBroker
Superfund USA, LLCBroker
Scully Capital Management, LLC
Lord, Abbett & CO. LLC
Lord Abbett Distributor LLCBroker
State Registrations53 states
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