DB

David Hugh Bindelglass

26 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
41 advisors
Number of Clients
1,314 clients
Average Client Portfolio
$944K average
Assets Under Management
$1.2B

Fee Structure

Financial Planning:Included in AUM fee
Hourly Rate:$200 - $500/hr

FourStar charges fees for financial planning based on the scope and complexity of the plan. Investment management fees are based on assets under management, a flat fee, or a combination of both. Fees may also be charged hourly ($200-$500/hour) or on a project basis. Fees are prorated and charged quarterly in advance. The firm may negotiate a lesser fee based on certain criteria. Retirement plan consulting fees range between 0.25% and 2.00%.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningCharitable GivingInsurance Planning
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Advisor Information

Office location

1341 Hamburg Tpke, Suite 2-7, Wayne, NJ, 07470

Get directions
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
January 2018
Settled
Employment Separation After Allegations
December 2017
Customer Dispute
May 2014
Award / Judgment
Other Business ActivitiesSells Insurance

David is an insurance agent selling various non-securities insurance products. He dedicates minimal time to this activity.

Employment History
Current Registrations
Fourstar Wealth Advisors, LLC
November 2022 - Present · 3 yrs 2 mos
Previous Registrations
Cantella & Co., INC.
January 2018 - November 2022 · 4 yrs 10 mos
Cantella & Co., INC.Broker
January 2018 - November 2022 · 4 yrs 10 mos
Morgan Stanley Broker
June 2009 - January 2018 · 8 yrs 7 mos
Morgan Stanley
June 2009 - January 2018 · 8 yrs 7 mos
Citigroup Global Markets INC.
June 2005 - June 2009 · 4 yrs
Citigroup Global Markets INC. Broker
June 2005 - June 2009 · 4 yrs
RBC Dain Rauscher INC.
January 2004 - June 2005 · 1 yr 5 mos
RBC Dain Rauscher INC. Broker
March 2003 - June 2005 · 2 yrs 3 mos
First Institutional Securities, L.L.C.Broker
April 1999 - March 2003 · 3 yrs 11 mos
State Registrations1 state
NJ
Advisor
Exams
No exam information available for this advisor.