DH

David Ryan Hultman

22 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
33 advisors
Number of Clients
1,139 clients
Average Client Portfolio
$20.8M average
Assets Under Management
$23.6B

Fee Structure

Financial Plan Fee:$5,000 - $75,000
Hourly Rate:$500 - $1,000/hr

Investment advisory fees are based on a percentage of assets under management, ranging up to 1.50% annually, billed quarterly in advance. Fees are negotiable. Financial planning and consulting fees range from $5,000 to $75,000 on a fixed fee basis, or $500 to $1,000 hourly. Family office services are either included in investment management fees or charged a separate fixed fee up to $300,000. Retirement plan advisory fees range from 0.20% to 0.50% annually.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningInsurance PlanningFinancial Planning & CoachingHigh Net Worth
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Advisor Information

Office location

50 California Street, Suite 1500, San Francisco, CA, 94111

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Regulatory History
Clean regulatory record

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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Other Business Activities

David works as a registered representative for Summit Trail Securities, LLC and as an investment advisor for Summit Trail Advisors, LLC. Both roles are investment-related and each takes about a quarter of his time.

Employment History
Current Registrations
Summit Trail Securities, LLCBroker
March 2025 - Present · 10 mos
Summit Trail Advisors, LLC
March 2024 - Present · 1 yr 10 mos
Previous Registrations
LPL Financial LLC Broker
July 2023 - March 2024 · 8 mos
LPL Financial LLC
July 2023 - March 2024 · 8 mos
Bancwest Investment Services, INC. (bwis)
September 2010 - July 2023 · 12 yrs 10 mos
Bancwest Investment Services, INC.Broker
September 2010 - July 2023 · 12 yrs 10 mos
Davidson Investment Advisors, INC.
June 2005 - August 2010 · 5 yrs 2 mos
D.A. Davidson & CO. Broker
December 2003 - August 2010 · 6 yrs 8 mos
D.A. Davidson & CO.
January 2003 - August 2010 · 7 yrs 7 mos
State Registrations3 states
CANVNY
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
David Ryan Hultman - Financial Advisor | AdvisorDiscover