David Sorensen
David Sorensen is a ChFC-designated registered investment advisor at Osaic Wealth, INC., based in Middleton, WI, with 49 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
8500 Greenway Blvd. Suite 201, Middleton, WI, 53562
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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 ActivitiesSells Insurance
David is a managing member of Center for Exit Planning and Succession, LLC, and the owner/president of Legacy Advisor Network, Ltd., where he focuses on fixed life insurance and annuities, taking about 10-20% of his time. He also markets tax preparation services for Legacy Tax Services and Mendota Tax LLC, works as a financial advisor for Securities America Advisors, and is a member of Sorensen Lake Properties, LLC.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
Cetera Advisor Networks LLCBroker
Cetera Advisor Networks LLC
Ameritas Investment CORP
Ameritas Investment CORP.Broker
Financial Network Investment CorporationBroker
Fahnestock & CO., INC.Broker
Century Investors of America, INC.Broker
Kaufman Investments CorporationBroker
Hutchison Financial CorporationBroker
Fsc Securities CorporationBroker
Blc Equity Services CorporationBroker
State Registrations24 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.