David Siegel
David Siegel is a registered investment advisor at Mariner Advisor Network, based in Sacramento, CA, with 45 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 16,313 clients with $8.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mariner Independent Advisor Network offers investment management services through its network of IARs. Fees are based on the value of your portfolio and are deducted from your account. There are two fee options:
- Transaction Based Fee Option (TBFO): You pay transaction charges and/or commissions at the time of each transaction in addition to investment advisory fees. The advisory fees range from 0.4% to 2.55% if you pay for transaction charges, or 0.4% to 2.75% if the IAR pays for all transaction charges.
- Asset Based Fee Option (ABFO): You are charged a single periodic fee for advisory services, transaction charges, brokerage, and related services based on the value of assets in your account. The appropriateness of this option depends on your investment objectives, financial situation, and the frequency of trading in your account.
Fees are negotiable and can vary based on the complexity of your situation, the scope of services provided, and the expertise of the IAR.
Location
815 University Avenue, Sacramento, CA, 95825-6708
Get directionsHistory
Regulatory History (1)
Customer Dispute
September 1993Other Business Activities
David is affiliated with Lighthouse Strategic Advisors and Mariner Independent Advisor Network, spending full-time hours with the latter. He also has ownership stakes in real estate partnerships and raw land, dedicating minimal time to these ventures.
Employment History
Current Registrations
Mariner Advisor Network
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial Corporation
Associated Securities CORP.Broker
Associated Securities CORP.
Strategic Wealth Advisors Group
Fsc Securities Corporation
Fsc Securities CorporationBroker
Wachovia Securities, LLC
Wachovia Securities, LLCBroker
Prudential Securities Incorporated
Prudential Securities IncorporatedBroker
M.L. Stern & CO., LLC.Broker
California Municipal Investors, INC.Broker
State Registrations34 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.