David Lauritzen
David Lauritzen is a registered investment advisor at Confidence Wealth Management, INC., based in Los Angeles, CA, with 16 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 681 clients with $340M 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 $1.0M | 0.95% |
| $1.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $20.0M | 0.80% |
| $20M+ | 0.75% |
For managed accounts not using Third-Party Advisors, Sub-Advisors, or implementing CWM own investment strategies, investment supervisory fees are charged at a flat 0.5% of assets under management. Fees are negotiable.
Fee Estimator
Location
10940 Wilshire Blvd, Suite 600, Los Angeles, CA, 90024
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
February 2019Other Business ActivitiesSells Insurance
David is a partner in Princess Parties and Events, a children's entertainment and birthday party planning business, dedicating minimal time. He also brokers non-registered insurance products, spending about 10-20% of his time on this activity.
Employment History
Current Registrations
Confidence Wealth Management, INC.
Previous Registrations
Nylife Securities LLCBroker
Fidelity Personal and Workplace Advisors
Strategic Advisers LLC
Fidelity Brokerage Services LLCBroker
E*trade Securities LLCBroker
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.