Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $2.5M | 1.15% |
| $2.5M - $10.0M | 0.90% |
| $10M+ | 0.70% |
Although SVBW does not have any stated account minimums, Accounts with a portfolio value of $1,000,000 or less can pay effective fees greater than (or equal to) 1.25%.
Fee Estimator
Wealth Management Services fees are based on a percentage of assets managed. For accounts with a portfolio value of $1,000,000 or less, effective fees may be greater than or equal to 1.25%. In limited circumstances, a fixed annual dollar fee may be negotiated. Clients are responsible for brokerage commissions, transaction fees, custodial fees, and other related trading costs. Third-Party Manager fees range from 0.25% - 1.00% per annum, in addition to SVBW's fee. The Retirement Plan Advisory Fee is a negotiated rate, either a fixed dollar fee and/or an asset-based fee not to exceed 0.50%. Financial Planning Fees are typically billed either as a fixed dollar or asset-based fee, or a combination thereof, as negotiated with the client.
Areas of Practice
Advisor Information
Office location
8540 Colonnade Center Drive, Raleigh, NC, 27615
Get directionsRegulatory 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.
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David serves as President of SVB Wealth, LLC, a registered investment advisor firm and subsidiary of First Citizens Bank. This board position takes about a quarter of his time.