DC
ChFC

David Allen Carter

42 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
21 advisors
Number of Clients
572 clients
Average Client Portfolio
$419K average
Assets Under Management
$239.8M

Fee Structure

Minimum Investment:None
Financial Planning:Included in AUM fee
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $750K1.75%
$750K - $1.5M1.60%
$1.5M - $3.0M1.45%
$3M+1.30%

Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
Financial Plan Fee:$2,500 - $100,000
Hourly Rate:$150 - $1,000/hr

Investment management fees are based on a percentage of your assets under management, billed monthly in advance. Financial planning fees range from $150 to $1,000 per hour or $2,500 to $100,000 as a fixed fee, depending on the scope of service. Estate planning coordination fees range from $300 to $10,000. Flourish Cash and StoneCastle Cash Management accounts incur an annual admin/service fee of 0.15%.

Areas of Practice
Investment ManagementRetirement PlanningFinancial Planning & CoachingEstate PlanningBusiness OwnersDivorce PlanningSpecial Needs PlanningTax Planning
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Advisor Information

Office location

Forest, VA

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Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2004
Settled
Other Business ActivitiesSells Insurance

David is a primary leaseholder for a registered private office and collects rent from other financial professionals. He is also a partner at Carter Financial Group, where he dedicates full-time hours to sales and service of insurance and investments.

Employment History
Current Registrations
Forefront
May 2024 - Present · 1 yr 8 mos
Previous Registrations
Prudential Financial Planning Services
September 2000 - May 2024 · 23 yrs 8 mos
Pruco Securities, LLC. Broker
April 1983 - May 2024 · 41 yrs 1 mo
State Registrations3 states
NCSCVA
Advisor
Exams
No exam information available for this advisor.
David Allen Carter - Financial Advisor | AdvisorDiscover