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Bloomington Financial Advisors
Machtig & Associates
5270 West 84th Street, Suite 310
Bloomington, MN 55437
(866) 314-0973
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Advisor Profile
Name:  Dave Denniston
Phone Number:  (866) 314-0973
Website:  Visit Website
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Disclaimer
Securities offered through Investors Capital Corporation 800-949-1422 Member FINRA/SIPC. Advisory Services offered through Investors Capital Advisory, 230 Broadway, Lynnfield, MA 01940.

Business Description

As the Chief Investment Officer of Machtig & Associates and as a CFA Level 3 Candidate, I work diligently to keep my clients empowered and informed. Working together with your CPA, attorney, and a team of advisors at my firm, we find the best options available to you which will incorporate your comfort level of risk and your tax situation.

We use a thorough, comprehensive approach to financial planning. It suits conservative and moderate investors who want to live well and preserve wealth through careful private asset management and estate, tax, and insurance consulting.

The system is based upon improving cashflow and then investing in long-term assets that also have excellent cashflow, good earnings potential and a higher degree of relative safety. The assets are selected for non-correlation. During high-risk periods in the markets, exposure is reduced to help preserve assets. All told, clients could have more to invest and, theoretically, a better chance of meeting their performance expectations on their investments.

Together, we will provide you with the necessary tools each step of the way on your path to financial independence.
 

General Information

Gender:    Male
CRD#:    4697676
Name of Broker/Dealer:    Investors Capital Advisory
Name of Custodial Firm:    Pershing
States Licensed in:    AL, CA, CO, CT, FL, GA, IA, ID, IL, KS, LA, MA, MD, MI, MN, MO, NJ, NM, NY, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI
Years of Experience in Financial Services:    7
Number of Years with Current Firm:    1
I work with the following types of clients:    Non-Profit Organizations, Individual Investors, Investment Clubs, Businesses
 

Education

Academic Background
 
BA, Finance - Seattle Pacific University

CFA Candidate, Level 3
 

Services

Investment Types:    Mortgages & Real Estate, Bonds, Stocks, Annuities, Insurance, Commodities, Mutual Funds, FOREX & Currency, Options & Futures, Alternative Investments, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
 

Qualifications & Memberships

Securities Licenses:    Series 7, Series 63, Series 65
Insurance and Annuity Licenses:    Disability, Variable Annuity, Life, Variable Life
Financial Organization Memberships:    Paladin Registry
 

Firm Information

Number of Advisors in Office:    Up to 10 employees
I work with clients as part of a team:    Yes
Advisor's Number of Clients:    150
Advisor's Number of Managed Clients:    150
Assets Managed by Advisor:    $60,000,000
 

Compliance

Registered Investment Advisor:    Yes
Registered Representative:    Yes
I am an acknowledged fiduciary:    Yes
Compliance Disclosures in Last 5 years:    I have a clean record
Criminal Disclosures in Last 5 years:    I have a clean record
 

Compensation & Fees

I am a fee-based financial professional:    Yes
Minimum Portfolio Size for New Managed Accounts:    $75,000
Compensation Methods:    Hourly, Flat Fee, Commissions, Based on Assets
Fee % Based on Assets:    1.5%
Hourly Rate:    $250
Additional Details on Charges:    For accounts over $250,000, the annual fee will begin to be reduced for each additional $250,000 invested in assets under management.
Minimum Fee Charged for Flat Fee Accounts:    $500
 
 
 
Prepared By: Dave Denniston