DG

David Allen Gibbs

28 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
41 advisors
Number of Clients
978 clients
Average Client Portfolio
$326K average
Assets Under Management
$319.2M

Fee Structure

Minimum Investment:$25K

Fees for asset management services are negotiable, with a maximum annual fee of 2.00%. Advisory fees are charged quarterly in arrears based on the portfolio's value. Clients may pay fees directly from their account or by check. A 0.05% annual reporting fee is billed monthly for clients using the Alden COVE platform. The firm generally requires a minimum account size of $25,000, but this may be waived under certain circumstances. Alden offers access to financial planning for a fee, billed as a one-time fee or a monthly retainer.

Areas of Practice
Investment ManagementRetirement Planning
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Advisor Information

Office location

37 West Avenue, Suite 301, Wayne, PA, 19087-3226

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Regulatory History (3)
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
December 2024
Pending
Regulatory
October 2024
Final
Employment Separation After Allegations
August 2023
Other Business ActivitiesSells Insurance

David owns rental property, dedicating minimal time to collecting rent and property maintenance. He also sells fixed insurance products.

Employment History
Current Registrations
Alden Investment Group
February 2024 - Present · 1 yr 11 mos
J. Alden Associates, INC.Broker
November 2023 - Present · 2 yrs 2 mos
Previous Registrations
MML Investors Services, LLC
March 2017 - September 2023 · 6 yrs 6 mos
MML Investors Services, LLC Broker
March 2017 - September 2023 · 6 yrs 6 mos
Msi Financial Services, INC.Broker
January 2015 - March 2017 · 2 yrs 2 mos
Msi Financial Services, INC.
January 2015 - March 2017 · 2 yrs 2 mos
New England Securities Corporation
November 2007 - January 2015 · 7 yrs 2 mos
New England SecuritiesBroker
August 1997 - January 2015 · 17 yrs 5 mos
State Registrations6 states
CADENJNYPATN
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
David Allen Gibbs - Financial Advisor | AdvisorDiscover