David Malone
David Malone is a ChFC-designated registered investment advisor at M Holdings Securities, INC., based in Pittsburgh, PA, with 42 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Retirement Planning. Their firm serves 3,621 clients with $4.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
M Holdings Securities offers various investment management programs with different fee structures. Some programs have wrap fees that cover advisory, brokerage, and custodial services in one fee. Other programs charge advisory fees separately from brokerage and other costs. Fees are negotiable with your financial professional and vary depending on the program chosen and the amount of assets managed. The maximum fee for WealthPursuit Wrap Fee Programs is limited to 3%. MPP Wrap Program fees will not exceed 1.36% for accounts with at least $150,000 in assets. WealthPursuit Prime fees are limited to a maximum rate of 3%.
Location
Four Ppg Place, Suite 600, Pittsburgh, PA, 15222
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Regulatory History (1)
Regulatory
November 1999Other Business Activities
David is the President & CEO of Gateway Financial Group, LLC, dedicating nearly full-time hours to this role. He also serves on various boards and committees for organizations including Highmark, Inc., Snee-Reinhardt Charitable Foundation, and Pittsburgh Penguins Foundation Board, among others, dedicating minimal time to each.
Employment History
Current Registrations
M Holdings Securities, INC.
M Holdings Securities, INC.Broker
Previous Registrations
Gateway Financial Wealth Management LP
Hornor, Townsend & Kent, INC.Broker
Djm Financial Advisory Services, INC.Broker
Russell Investments, INC.Broker
State Registrations37 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.