David Schneider is a CFA-designated registered investment advisor at Obsidian Cio LLC, based in New York, NY, with 7 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 7 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Obsidian CIO provides investment management services to other advisors, who then allocate their clients' assets. The fee for these services, called a Program Fee, is negotiable, but no more than 1% annually, assessed against the advisor's client assets allocated to Obsidian CIO. This Program Fee includes an investment management fee of 0.20% to 0.45% annually. There is also a reporting and administrative fee to cover platform reporting costs, which is currently less than $75 per account.
Location
79 Madison Avenue, 8th Floor, New York, NY, 10016
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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 →Employment History
Current Registrations
Obsidian Cio LLC
Previous Registrations
Pgim Investments LLC
Prudential Investment Management Services LLCBroker
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.Broker
State Registrations1 state
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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