David Covas is a CFP-designated registered investment advisor at Oberweis Asset Management INC, based in Lisle, IL, with 28 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 108 clients with $3.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $5.0M | 1.25% |
| $5M+ | 1.00% |
A discounted fee schedule may be negotiated for the fixed income portion of an account.
Fee Estimator
Location
3333 Warrenville Road, Suite 500, Lisle, IL, 60532
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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 Activities
David is a member of Oberweis Publishing Company, which publishes a monthly advisory newsletter.
Employment History
Current Registrations
Oberweis Asset Management INC
Oberweis Securities, INC.Broker
Previous Registrations
Oberweis Securities, INC.
State Registrations18 states
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