David Wealth Management, LLC
Assets Under Management
$239.3M
Number of Clients
151
Number of Advisors
N/A
Average Client AUM
$1.6M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
David Wealth Management, LLC (DWM) provides wealth management services, including discretionary investment portfolio management and comprehensive financial planning. They create customized investment strategies using mutual funds and ETFs, primarily from Dimensional Fund Advisors LP (DFA). DWM also offers financial planning services covering investment, retirement, personal savings, and education savings.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $3.0M | 0.75% |
| $3M+ | 0.50% |
Fees are negotiable at the sole discretion of the Advisor.
Fee Estimator
Wealth management fees are based on a percentage of your assets under management. For financial planning services, the hourly rate is $300. Fees are negotiable based on the complexity of services and the overall client relationship. Certain clients may pay a fixed fee not to exceed 1.00% of assets under management. DWM generally requires a minimum account size of $250,000.
Areas of Practice
Location
8315 Route 29, Suite 325, Fairfax, VA, 22031