David Nanney is a PFS-designated registered investment advisor at Formidable Asset Management, LLC, based in Memphis, TN, with 2 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Education Planning, Estate Planning, High Net Worth, and 3 more. Their firm serves 900 clients with $900M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Annual management fees range from 0.50% to 2.00% depending on the level of complexity involved. Fees are negotiable and billed quarterly in advance.
Fee Estimator
Location
5865 Ridgeway Center Pkwy, Suite 210, Memphis, TN, 38120
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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 →Other Business Activities
David is a partner with 5% ownership in Retriever Valet Trash Services, LLC, spending a few hours per week on bookkeeping/CFO duties. He is also a partner with 12.5% ownership in Nanney Heritage Farms, LLC, and a trustee for multiple irrevocable trusts, dedicating minimal time to these roles.
Employment History
Current Registrations
Formidable Asset Management, LLC
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.
Exams
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