David Davis is a registered investment advisor at Spc, based in Jackson, MI, 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 Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
Jackson, MI
Get directionsHistory
Regulatory History (1)
Civil
March 2013Other Business ActivitiesSells Insurance
David offers investment and insurance advice, as well as financial planning, through Full Circle Financial Planning, dedicating about a quarter of his time. He also referees hockey games, is a Growth and Tournament Director for a hockey association, sells health insurance, and co-owns a travel trailer rental business.
Employment History
Current Registrations
Spc
Sigma Financial CorporationBroker
Previous Registrations
Infinex Investments, INC.
Infinex Investments, INC.Broker
Essex National Securities, LLC
Essex National Securities, LLCBroker
Princor Financial Services Corporation
Princor Financial Services CorporationBroker
Securian Financial Services, INC.Broker
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.