David O'brien
David O'brien is a CFP-designated registered investment advisor at Asset Strategy Advisors, LLC, based in Wayland, MA, with 24 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 2 more. Their firm serves 544 clients with $920M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Asset Strategy Advisors' fees for managing your investments are based on a percentage of the assets they manage for you. The exact percentage varies depending on the amount you invest:
- $0 - $2 million: 1.00% - 1.50% per year
- $2 - $5 million: 0.75% - 1.25% per year
- $5 - $10 million: 0.50% - 1.00% per year
- Over $10 million: Negotiable
These fees are generally paid quarterly. Asset Strategy Advisors also receives an admin/service annual fee of 0.20% of the value of the client’s Flourish Cash account when a client participates in the cash management program offered through Flourish. This fee is deducted from the client’s overall APY. This fee is not negotiable.
Location
14 West Plain St., Suite 201, Wayland, MA, 01778-4470
Get directionsHistory
Regulatory 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 ActivitiesSells Insurance
David operates under two DBAs: Asset Strategy Advisors and Asset Strategy Financial Group, both started in August 2019. These DBAs cover his securities, insurance, and investment advisory activities, taking up a full-time commitment during trading hours.
Employment History
Current Registrations
Asset Strategy Advisors, LLC
Concorde Investment Services, LLC
Concorde Investment Services, LLCBroker
Previous Registrations
Morgan StanleyBroker
Morgan Stanley
Wells Fargo Funds Distributor, LLCBroker
Wells Fargo Funds Management, LLC
Foxhall Capital Management, INC.
Wells Fargo Advisors, LLCBroker
Pacific Cornerstone Capital IncorporatedBroker
Evergreen Investment Services, INC.Broker
Conseco Equity Sales, INC.Broker
Pioneer Funds Distributor, INC.Broker
Nylife Securities INC.Broker
State Registrations7 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.