David Welborn
David Welborn is a registered investment advisor at Family Legacy Planning, based in Bentonville, AR, with 9 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 2 more. Their firm serves 341 clients with $170M 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 $250K | 1.45% |
| $250K - $500K | 1.30% |
| $500K - $1.0M | 1.15% |
| $1.0M - $2.0M | 1.10% |
| $2.0M - $3.0M | 0.95% |
| $3.0M - $4.0M | 0.75% |
| $4M+ | 0.50% |
AE Wealth Management's annual fee is included in the total fee above. AEWM’s fee ranges between 0.25% and 0.45% and is dependant on the service level of AEWM.
Fee Estimator
Location
1003 SE 14th St., Ste 15, Bentonville, AR, 72712
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
David is the President of Family Legacy Planning, Inc. since 2004 and a Managing Member of FLP Wealth Management, LLC since 2016, both involving insurance sales and servicing, each taking a full-time commitment. He also manages W. Properties LLC and BWS Farm, LLC, dedicating minimal time to each.
Employment History
Current Registrations
Family Legacy Planning
Previous Registrations
Ae Wealth Management, LLC
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.