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David Malone

Raymond James Financial Services Advisors, INC
22 Years of Experience
Birmingham, AL
2 DisclosuresBroker
View SEC Summary
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David Malone is a registered investment advisor at Raymond James Financial Services Advisors, INC, based in Birmingham, AL, with 22 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 Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 508,439 clients with $390B in assets under management.

Raymond James Financial Services Advisors, INC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
6724 advisors
Number of Clients
508,439 clients
Average Client Portfolio
$767K average
Assets Under Management
$390.0B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum annual fee percentage is 2.25% of assets under advisement. Specific fees are negotiable with your financial advisor based on time, complexity, and portfolio size.

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

Location

201 Office Park Drive, Ste 175, Birmingham, AL, 35223

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History

Regulatory History (2)
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.
Customer Dispute
April 2008
Settled
Customer Dispute
April 2008
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

David is involved with GB Letson Farms, LLC as a private investment since 2016. He spends minimal time on this activity.

Employment History
Current Registrations
Raymond James Financial Services, INC.Broker
September 2020 - Present · 6 yrs 1 mo
Raymond James Financial Services Advisors, INC
September 2020 - Present · 6 yrs 1 mo
Previous Registrations
Morgan Stanley
June 2009 - October 2020 · 11 yrs 4 mos
Morgan StanleyBroker
June 2009 - October 2020 · 11 yrs 4 mos
Morgan Stanley & CO. IncorporatedBroker
March 2009 - June 2009 · 3 mos
Morgan Stanley & CO. Incorporated
March 2009 - June 2009 · 3 mos
UBS Financial Services INC.
January 2004 - April 2009 · 5 yrs 3 mos
UBS Financial Services INC.Broker
December 2003 - April 2009 · 5 yrs 4 mos
State Registrations26 states
ALAZCACODCFLGAILKSKYLAMAMIMNMSNCNJNYOHORPASCTNTXVAWA
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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