David Richards
David Richards is a registered investment advisor at Park Avenue Securities LLC, based in Madison, WI, with 20 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, Charitable Giving, Corporate Executives, Education Planning, and 7 more. Their firm serves 82,118 clients with $20B 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 | 2.05% |
| $500K - $1000K | 2.00% |
| $1.0M - $2.0M | 1.95% |
| $2M+ | 1.90% |
Schedule reflects the maximum client fee for the Park Avenue Portfolio Select program. Other wrap fee and third-party programs have varying fee schedules with advisor fees ranging from 0.50% to 1.75% plus platform and manager fees.
Fee Estimator
Location
8010 Excelsior Drive, Suite 200, Madison, WI, 53717
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2018Other Business ActivitiesSells Insurance
David sells life, disability, long-term care insurance, and fixed annuity products, spending minimal time on this activity. He also holds power of attorney for Ashley Richards, his spouse.
Employment History
Current Registrations
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
Previous Registrations
Chase Investment Services CORP.Broker
State Registrations11 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.
Exams
More Advisors
- Leonard Hornung, ChFCPark Avenue Securities LLC
- Jason Waugh, CFPPark Avenue Securities LLC
- Jared SchumackerPark Avenue Securities LLC
- Janel Kalish, CFPPark Avenue Securities LLC
- Christopher Strommen, CFPPark Avenue Securities LLC
- Jarod Behren, CFPPark Avenue Securities LLC