Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
10 advisors
Number of Clients
325 clients
Average Client Portfolio
$1.4M average
Assets Under Management
$444.0M

Fee Structure

Minimum Investment:None
Financial Plan Fee:$7,500 - $12,000

Investment advisory fees are individually negotiated, with the general range between 0.25% to 0.99% depending on the assets under management. Financial planning fees for stand-alone services typically range from $7,500 to $12,000 per year, but are negotiable. There is no minimum account size for investment advisory services, but certain accounts may be subject to a minimum annual fee. Manager fees, when applicable, range from 0.12% to 0.50% per year and are added to CGFA's advisory fees.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningEducation PlanningFinancial Planning & CoachingInsurance PlanningHigh Net Worth
Loading...

Advisor Information

Office location

1127-B Hendersonville Road, Asheville, NC, 28803

Get directions
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
October 2011
Settled
Other Business Activities

David is a trustee for Big Oak Springs Ownership Association, focusing on road management since 2012, and a W2 employee as a Retirement Plan Advisor at Colton Groome Financial Advisors since 2018, dedicating about a quarter of his time. He also serves on the Board of Directors of Blue Ridge Bernese Mountain Dog Club.

Employment History
Current Registrations
Colton Groome Financial Advisors, LLC
January 2018 - Present · 8 yrs
Valmark Securities, INC.Broker
February 2015 - Present · 10 yrs 11 mos
Previous Registrations
Valmark Advisers, INC.
March 2015 - December 2017 · 2 yrs 9 mos
Ameritas Investment CORP
April 2009 - January 2015 · 5 yrs 9 mos
Ameritas Investment CORP.Broker
May 2008 - January 2015 · 6 yrs 8 mos
Chase Investment Services CORP.
June 2006 - October 2007 · 1 yr 4 mos
Chase Investment Services CORP.Broker
February 2006 - October 2007 · 1 yr 8 mos
Fidelity Brokerage Services LLCBroker
December 2000 - March 2006 · 5 yrs 3 mos
Dean Witter Reynolds INC.Broker
October 1999 - January 2001 · 1 yr 3 mos
State Registrations1 state
NC
AdvisorBrokerBoth
Exams
No exam information available for this advisor.