David Clayman
David Clayman is a registered investment advisor at Twelve Points Wealth Management, based in Concord, MA, with 15 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, Retirement Planning. Their firm serves 561 clients with $1.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Twelve Points Wealth Management charges an all-inclusive annual fee based on the value of your portfolio. This fee covers investment advice, brokerage services, custody, and reporting. The fee schedule is as follows:
- Under $5,000,000: 1.00% (negotiable)
- $5,000,001 - $15,000,000: 0.60% (negotiable)
- Over $15,000,001: 0.40% (negotiable)
The firm has a minimum asset level of $500,000 and a minimum fee level of 1.00%.
Location
9 Pond Lane, Suite 3A, Concord, MA, 01742
Get directionsHistory
Regulatory History (3)
Customer Dispute
July 2015Customer Dispute
March 2009Customer Dispute
January 2009Other Business Activities
David is a member of Funded & Final LLC, a car collection group, and a minority owner of USA 500 Clubs Inc., a networking group. He also owns Legacy Advisors Network, an advisory firm collaboration network.
Employment History
Current Registrations
Twelve Points Wealth Management
Previous Registrations
Morgan Stanley
State Registrations4 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.