David Lauritzen
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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.95% |
| $1.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $20.0M | 0.80% |
| $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
Location
Van Nuys, CA
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
February 2019Other 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.
Previous Registrations
Nylife Securities LLCBroker
Fidelity Personal and Workplace Advisors
Strategic Advisers LLC
Fidelity Brokerage Services LLCBroker
E*trade Securities LLCBroker
State Registrations2 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
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