David Compton
David Compton is a registered investment advisor at First Security Financial Wealth Manager, INC., based in Metairie, LA, with 8 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, Insurance Planning, Retirement Planning, Tax Planning.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
First Security Financial Wealth Manager (FSFWM) does not directly manage client assets. Instead, FSFWM refers clients to Gradient Investments, LLC (GI), a third-party manager. GI offers various actively managed portfolios, including Strategic, Tactical, Allocation & Defined Outcome, Preservation, and Private Wealth portfolios. The annual fee for these portfolios ranges from 1.00% to 2.00% of the assets managed, split between GI and FSFWM. For Client Directed Accounts, GI charges a flat fee of $300 annually.
Location
3501 N. Causeway Blvd. Suite 101, Metairie, LA, 70002
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2007Other Business ActivitiesSells Insurance
David is an insurance agent since 1985, doing business as First Security Financial. Insurance sales are investment-related and take nearly full-time hours.
Employment History
Current Registrations
First Security Financial Wealth Manager, INC.
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.