David Carlson
David Carlson is a CFP, ChFC-designated registered investment advisor at Sound Investment Management, LLC, based in Newport Beach, CA, with 7 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, Charitable Giving, Corporate Executives, Education Planning, and 7 more. Their firm serves 28 clients with $47M 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 $5.0M | 0.95% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.50% |
This is for Investment Management Services. For Wealth Management Services: - First $1,000,000: 1.25% - Next $4,000,000: 1.00% - Next $5,000,000: 0.75% - Next $10,000,000: 0.50% Collectively, with SIM’s fee, GeoWealth’s fee, and the SMA Manager’s fee, the client's overall advisory will not exceed 2% of assets under management.
Fee Estimator
Contact
David Carlson
Location
620 Newport Center Drive, Suite 1100, Newport Beach, CA, 92660
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 →Employment History
Current Registrations
Sound Investment Management, LLC
Previous Registrations
Quest Capital Strategies, INC.
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.
Exams