David Herwerden
David Herwerden is a registered investment advisor at Westpoint Wealth Management, LLC, based in Berea, OH, with 12 years of industry experience. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 495 clients with $100M 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 | 1.35% |
| $500K - $1.0M | 1.00% |
| $1.0M - $5.0M | 0.85% |
| $5M+ | 0.65% |
Annual fee is negotiable based on various criteria. WestPoint also uses third-party managers such as Orion Portfolio Solutions, SEI, and AssetMark, which have their own fee structures.
Fee Estimator
Location
56 Front St, Berea, OH, 44017
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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 ActivitiesSells Insurance
David is an insurance agent with WestPoint Risk Management since 2020, selling life, disability, annuities, and long-term care insurance, dedicating a few hours per week. He is also a board member on the City Planning Commission for the City of Middleburg Heights, OH, spending minimal time on this activity.
Employment History
Current Registrations
Westpoint Wealth Management, LLC
Previous Registrations
Gross Investments LLC
Amfg Wealth Management LLC
Cetera Advisor Networks LLC
Cetera Advisor Networks LLCBroker
Ameritas Investment CORP
Ameritas Investment CORP.Broker
PFS Investments INC.Broker
State Registrations2 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.