Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Management fees for portfolio management range from 0.50% to 2.00% annually, billed quarterly in advance, based on the complexity of managing the client's assets. Financial planning is billed hourly at $250/hour, negotiable based on scope and complexity. Formidable Asset Management does not require a minimum investment amount to open and/or to maintain an account with it.
Areas of Practice
Advisor Information
Office location
5865 Ridgeway Center Pkwy, Suite 210, Memphis, TN, 38120
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.
Learn about disclosures →Other Business Activities
David is a partner with 5% ownership in Retriever Valet Trash Services, LLC, spending a few hours per week on bookkeeping/CFO duties. He is also a partner with 12.5% ownership in Nanney Heritage Farms, LLC, and a trustee for multiple irrevocable trusts, dedicating minimal time to these roles.