David Lakis
David Lakis is a registered investment advisor at Cl Wealth Management LLC, based in Fort Pierce, FL, with 26 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, Insurance Planning, and 2 more. Their firm serves 2,073 clients with $630M 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 $100K | 2.25% |
| $100K - $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2M+ | 1.25% |
All fees are negotiated between the advisor and the client. A portion of the annual fee may be paid to the account custodian for billing, reporting and/or other administrative functions.
Fee Estimator
Location
9631 Knollwood Lane, Fort Pierce, FL, 34951
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
September 2017Other Business ActivitiesSells Insurance
David is the owner of Lakis Investments Inc. and an independent insurance agent selling various insurance products, including annuities, life/health insurance, and long-term care insurance. He also sells medicare supplement insurance, life insurance, long term insurance, variable annuities, EIAs and fixed annuities through Cygniak Planning Inc., spending a few hours per week on each activity.
Employment History
Current Registrations
Cl Wealth Management LLC
Cabot Lodge Securities LLCBroker
Previous Registrations
Sb Advisory, LLC
Cabot Lodge Securities LLCBroker
Sb Advisory, LLC
Ifs SecuritiesBroker
Packerland Brokerage Services, INC.
Packerland Brokerage Services, INC.Broker
Harbour Investments, INC.Broker
Harbour Investments, INC.
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
Harbour Investments, INC.Broker
Harbour Investments, INC.Broker
Pruco Securities CorporationBroker
State Registrations3 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.