David Smith
David Smith is a CFP-designated registered investment advisor at Ausdal Financial Partners, INC., based in Vero Beach, FL, with 47 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 10,402 clients with $2.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ausdal Financial Partners offers several investment management programs. Fees vary depending on the program and custodian.
Advisor Managed Account (AMP): Fees are negotiated with your advisor, with a maximum annual fee of 3%. Wrap accounts include all transaction costs, while non-wrap accounts charge separately for advisory services and transactions.
Third Party Managed Accounts (SMA/UMA): Fees consist of an Investment Advisor Representative Fee, a Platform Fee (0.11% to 0.28%), and a Manager Fee (0% to 0.80%).
Retirement Plan Advisory Program: Maximum annual fee of 3%. Fees can be a fixed percentage or tiered based on account assets.
Held Away Accounts (Pontera): Maximum advisory fee of 1.5% of account assets. Fees must be deducted from an alternate advisory account or billed directly to the client.
Location
Vero Beach, FL
Get directionsHistory
Regulatory History (5)
Customer Dispute
February 2025Customer Dispute
October 2024Customer Dispute
October 2024Customer Dispute
October 2024Customer Dispute
March 2023Other Business ActivitiesSells Insurance
David oversees H&R Block tax preparation for clients on military bases in Italy, dedicating minimal time to this activity. He also sells insurance to clients, spending about 10-20% of his time on this.
Employment History
Current Registrations
Ausdal Financial Partners, INC.
Ausdal Financial Partners, INC.Broker
Previous Registrations
Ausdal Financial Partners, INC.
Ausdal Financial Partners, INC.Broker
Intervest International, INC.
Intervest International Equities CorporationBroker
Intervest International Equities CorporationBroker
Integrated Resources Equity CorporationBroker
Security Distributors, INC.Broker
Financial Planners Equity CorporationBroker
Cornerstone Financial Services, INC.Broker
State Registrations33 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.