David Nanney is a PFS-designated registered investment advisor at Formidable Asset Management, LLC, based in Memphis, TN, with 1 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 1 more. Their firm serves 871 clients with $880M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Formidable Asset Management charges an annual management fee based on a percentage of your portfolio. This fee ranges from 0.50% to 2.00% per year, billed quarterly in advance. The specific fee depends on the complexity of managing your assets. All fees are negotiable. If Formidable recommends that you invest in their own exchange-traded funds, you will be subject to both the firm's portfolio management fees and the fund's management fees.
Location
5865 Ridgeway Center Pkwy, Suite 210, Memphis, TN, 38120
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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David is a partner with 5% ownership in Retriever Valet Trash Services, LLC, spending a few hours per week on bookkeeping/CFO duties. He is also a partner with 12.5% ownership in Nanney Heritage Farms, LLC, and a trustee for multiple irrevocable trusts, dedicating minimal time to these roles.
Employment History
Current Registrations
Formidable Asset Management, LLC
State Registrations2 states
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