David Alvarez is a CFP-designated registered investment advisor at Pax Financial Group, based in San Antonio, TX, with 20 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 1,350 clients with $750M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
PAX Financial Group manages investments through a wrap fee program. The annual fee is a percentage of your portfolio's value, and the rate decreases as your portfolio grows. The fee is negotiable. If a sub-adviser platform is used, there will be an additional non-negotiable fee.
Here's the fee schedule:
- $0 - $199,999: 1.50%
- $200,000 - $499,999: 1.25%
- $500,000 - $999,999: 1.00%
- $1,000,000 - $1,999,999: 0.90%
- $2,000,000 - $2,999,999: 0.80%
- $3,000,000 – $3,999,999: 0.70%
- $4,000,000 – $4,999,999: 0.60%
- $5,000,000 +: 0.50%
Location
270 North Loop 1604 East, Suite 200, San Antonio, TX, 78232
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
August 2015Other Business ActivitiesSells Insurance
David is a board of governors member for the San Antonio Estate Planners Council, a board member for SA Hope Center, and a member-at-large on the executive committee for The Blood and Tissue Center Foundation. He is also a licensed insurance agent.
Employment History
Current Registrations
Pax Financial Group
Previous Registrations
Intercontinental Wealth Advisors, LLC
Intercontinental Asset Management Group, LTD.Broker
J.P. Morgan Securities LLCBroker
J.P. Morgan Securities LLCBroker
J.P. Morgan Securities INC.Broker
State Registrations1 state
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.