David Baskins is a registered investment advisor at Avisen Advisors, LLC, based in Sacramento, CA, with 46 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, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 190 clients with $360M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Avisen Advisors manages investments through several programs, each with its own fee structure. Fees are calculated as a percentage of the assets managed and are paid quarterly in advance. The fees may be negotiable. Here's a summary of the programs and their fees:
- Avisen Advisors Investment Portfolio: Fees range from 1.00% to 2.00% depending on the amount invested.
- Global Portfolio Solution (GPS): Fees range from 1.75% to 3.00% depending on the amount invested.
- Lockwood Investment Strategies (LIS): Fees range from 1.75% to 3.00% depending on the amount invested.
- Lockwood Asset Allocation Portfolios (LAAP): Fees range from 1.00% to 2.00% depending on the amount invested.
- Envestnet Mutual Fund Portfolio, Income Portfolio, and Index Enhanced Portfolio: Fees range from 1.00% to 2.00% depending on the amount invested. A $1,000 minimum annual fee applies.
- Mutual Fund Choice: Fees range from 1.00% to 2.00% depending on the amount invested. A $1,000 minimum annual fee applies.
- Envestnet SMA Portfolio: Fees range from 1.75% to 3.00% depending on the amount invested.
- SMA Choice Portfolio: Fees range from 1.75% to 3.00% depending on the amount invested.
- Envestnet UMA Portfolio: Fees range from 1.75% to 3.00% depending on the amount invested.
- Advisory Choice Portfolio: A flat 2.00% fee applies to all assets. A $1,000 minimum annual fee applies.
Location
3620 American River Drive, Suite 145, Sacramento, CA, 95864
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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.
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David works for Avisen Advisors LLC as a registered investment advisor, dedicating about half his time during business hours. His compensation is fee-based.
Employment History
Current Registrations
Avisen Advisors, LLC
Avisen Wealth Management, INC.Broker
Previous Registrations
Morgan Stanley
Morgan Stanley Dw INC.Broker
Kidder, Peabody & CO. IncorporatedBroker
Birr, Wilson & CO., INC.Broker
State Registrations19 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.