David Tierney is a registered investment advisor at Nomura Investment Management Business Trust, based in Philadelphia, PA, with 3 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 316 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
53 advisors
Number of Clients
316 clients
Average Client Portfolio
$520.0M average
Assets Under Management
$164.3B

Fee Structure

Minimum Investment:$25M
Investment management only (planning not offered)

Nomura Investment Management Business Trust (NIMBT) provides investment management services through various series. Fees are generally based on a percentage of the value of the assets managed and are subject to negotiation. Some clients may have performance-based fees. Fees are generally calculated and payable quarterly or monthly. Advisory services are also provided to high-net-worth individuals at fee rates similar to those for institutional clients. NIMBT also offers asset/liability analysis and transition management services for a flat or other fee, which is subject to negotiation and may be waived.

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Location

610 Market Street, Philadelphia, PA, 19106

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Nomura Investment Management Business Trust
March 2023 - Present · 3 yrs 1 mo
Delaware Distributors, L.P.
November 2022 - Present · 3 yrs 5 mos
Delaware Distributors, L.P.Broker
November 2022 - Present · 3 yrs 5 mos
State Registrations53 states
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AdvisorBrokerBoth

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Exams
No exam information available for this advisor.
David Tierney - Financial Advisor | TrueAdvisor