David Arens
David Arens is a registered investment advisor at Private Wealth Asset Management, based in West Des Moines, IA, with 13 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Real Estate Investing, and 1 more. Their firm serves 559 clients with $2.5B 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 $2.0M | 1.20% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.60% |
| $10.0M - $20.0M | 0.50% |
| $20M+ | 0.40% |
Fees are negotiable and actual fees paid may differ. Philanthropic accounts and fixed income accounts (90%+ allocation) have separate fee schedules.
Fee Estimator
Location
315 5th Street, Suite 200, West Des Moines, IA, 50265
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 a state board member and board member for early childhood initiatives, and an appointee of the Governor's Early Childhood Taskforce, dedicating minimal time to each. David is also a licensed insurance agent since June 2023, selling accident, health, and life insurance, dedicating a few hours per week.
Employment History
Current Registrations
Private Wealth Asset Management
Previous Registrations
Wells Fargo Advisors, LLC
Wells Fargo Investments, LLC
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.
Exams
More Advisors
- Brett Halley, CFAPrivate Wealth Asset Management
- Tiffany Scharfenkamp, CFPGilbert & Cook, INC.
- Matthew Roberts, CFPSyverson Strege
- Valerie Krier, ChFCFbl Wealth Management, LLC
- Kevin Mclean, CFASyverson Strege
- Todd Doorenbos, CFA