David Tolson is a registered investment advisor at Arete Advisors, based in Houston, TX, with 21 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 91 clients with $49M 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 | 1.55% |
| $500K - $750K | 1.40% |
| $750K - $1.3M | 1.25% |
| $1.3M - $2.0M | 1.10% |
| $2M+ | 1.00% |
The annual fee may be negotiable based upon certain criteria.
Fee Estimator
Location
1800 Bering Dr., Suite 940, Houston, TX, 77057
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 ActivitiesSells Insurance
David is involved with Arete Insurance Services, LLC, selling non-variable insurance products including life, disability, LTC, DI, fixed annuities, and health insurance. This activity takes about 10-20% of David's time.
Employment History
Current Registrations
Arete Advisors
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
Northwestern Mutual Investment Services,llc
Northwestern Mutual Investment 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.