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David Spier

4 Years of Experience
Englewood Cliffs, NJ

David Spier is a registered investment advisor at Nitor Capital Management, based in Englewood Cliffs, NJ, with 4 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 15 clients with $83M in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
1 advisor
Number of Clients
15 clients
Average Client Portfolio
$5.5M average
Assets Under Management
$82.7M

Fee Structure

Minimum Investment:$500K
Investment management only (planning not offered)

Nitor Capital Management charges an asset-based investment management fee. The Funds pay up to 1.5% annually, and separately managed accounts pay up to 2% annually. Nitor Capital Management is also eligible to receive an incentive fee or allocation of up to 13% of the client's net capital appreciation, subject to a high-water mark or hurdle rate.

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Location

600 Sylvan Avenue, Suite #201, Englewood Cliffs, NJ, 07632

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Nitor Capital Management
June 2021 - Present · 4 yrs 11 mos
State Registrations2 states
NJNY
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.