David Arens is a registered investment advisor at Private Wealth Asset Management, based in West Des Moines, IA, with 13 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 483 clients with $1.8B 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 $2.0M | 1.20% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.60% |
| $10.0M - $20.0M | 0.50% |
| $20M+ | 0.40% |
Schedule is for individually managed/family office/non-philanthropic organization accounts. Fees for philanthropic accounts and fixed income accounts differ. Actual fees paid may be negotiated and may differ from those in the fee schedule.
Fee Estimator
Location
315 5th Street, Suite 200, West Des Moines, IA, 50265
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 is a state board member and board member for early childhood initiatives, and an appointee of the Governor's Early Childhood Taskforce, dedicating minimal time to each. David is also a licensed insurance agent since June 2023, selling accident, health, and life insurance, dedicating a few hours per week.
Employment History
Current Registrations
Private Wealth Asset Management
Previous Registrations
Wells Fargo Advisors, LLC
Wells Fargo Investments, LLC
State Registrations1 state
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