David Watson
David Watson is a CFP, ChFC-designated registered investment advisor at Park Avenue Securities LLC, based in Reston, VA, with 11 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
11600 Sunrise Valley Drive, Suite 100, Reston, VA, 20191
Get directionsHistory
Regulatory History (1)
Criminal
April 2006Other Business ActivitiesSells Insurance
David sells insurance from carriers other than Guardian, dedicating minimal time to this activity. He also holds power of attorney for his parents' accounts and owns 50% of CMW LLC, an entity used for tracking expenses and potentially receiving insurance commissions.
Employment History
Current Registrations
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
State Registrations23 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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