David Paradise is a registered investment advisor at Nepsis, INC., based in Minneapolis, MN, 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 Estate Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 590 clients with $340M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Nepsis, Inc. manages investments through a wrap fee program. The maximum annual fee is 2.50% of your portfolio's value, but this fee is negotiable. In addition to the management fee, there is an asset-based pricing fee that covers the cost of security purchases and sales:
- First $75,000 — 0.20% of your portfolio per year
- $75,001 to $2,000,000 — 0.12% of your portfolio per year
- Over $2,000,001 — 0.08% of your portfolio per year
There is also a quarterly performance reporting/account maintenance fee of $21.25 per account.
Location
Two Meridian Crossings, Suite 400, Minneapolis, MN, 55423
Get directionsHistory
Regulatory History (1)
Customer Dispute
October 2022Other Business Activities
David works as a notary since 2013. This activity is investment-related.
Employment History
Current Registrations
Nepsis, INC.
Previous Registrations
LPL Financial LLCBroker
LPL Financial LLC
BMO Harris Financial Advisors, INC.Broker
BMO Harris Financial Advisors, INC
BMO Harris Financial Advisors, 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.