DL
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David Lauritzen

17 Years of Experience
Van Nuys, CA
1 DisclosureSells Insurance

David Lauritzen is a registered investment advisor at Confidence Wealth Management, INC., based in Van Nuys, CA, with 17 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, Retirement Planning, and 1 more. Their firm serves 743 clients with $450M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9 advisors
Number of Clients
743 clients
Average Client Portfolio
$611K average
Assets Under Management
$454.1M

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M0.95%
$1.0M - $5.0M0.90%
$5.0M - $10.0M0.85%
$10.0M - $20.0M0.80%
$20M+0.75%

Applies to managed accounts using proprietary models, third-party advisors, or sub-advisers. Managed accounts not using these strategies are charged a flat 0.50% fee. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

Van Nuys, CA

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History

Regulatory History (1)
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Employment Separation After Allegations
February 2019
Other Business ActivitiesSells Insurance

David is a partner in Princess Parties and Events, a children's entertainment and birthday party planning business, dedicating minimal time. He also brokers non-registered insurance products, spending about 10-20% of his time on this activity.

Employment History
Current Registrations
Confidence Wealth Management, INC.
May 2020 - Present · 6 yrs 5 mos
Previous Registrations
Nylife Securities LLCBroker
December 2019 - April 2020 · 4 mos
Fidelity Personal and Workplace Advisors
July 2018 - March 2019 · 8 mos
Strategic Advisers LLC
August 2015 - July 2018 · 2 yrs 11 mos
Fidelity Brokerage Services LLCBroker
February 2011 - March 2019 · 8 yrs 1 mo
E*trade Securities LLCBroker
July 2008 - January 2011 · 2 yrs 6 mos
State Registrations2 states
CANV
Advisor

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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