David Wealth Management LLC | Financial Advisor in Fairfax ,VA

8315 Lee Highway, Suite 325
Fairfax, VA 22031
Phone: (703) 560-8300

Think Globally, Invest Globally.



About

David Wealth Management LLC is an independent, fee only, Registered Investment
Advisory firm based in Fairfax, Virginia, which provides financial planning and investment
advisory services throughout the greater Washington, DC area.

EXPERIENCE
With significant wealth comes significant complexity. For more than 30 years, Jim David,
CPA, has been helping people make the most of their wealth through investment,
financial, and tax advice, as a Registered Investment Adviser, as a Certified Public
Accountant (CPA), and as a Personal Financial Specialist (PFS).

FEE-ONLY
Unbiased investment advice stems from a fee-only financial structure. We receive no
compensation from any product recommended, nor do we represent any product or
company; we only represent you, our client.

EVIDENCE-BASED INVESTING
We utilize globally diversified, low-cost and tax efficient portfolios. Emphasizing evidence
over emotions, we'll show you how to invest more confidently, with time on your side and
in a way that reflects your personal goals and risk tolerance.

TAX ADVICE & PLANNING
Effective tax planning is essential to successful financial planning. The fundamental tax
knowledge that we as CPAs have, married with our planning and investment expertise,
makes a very powerful combination. It gives you and your family the greatest probability
for achieving your desired lifestyle and allowing for maximum wealth transfer.

30 Years of Experience



General Information
Firm Start Year:   2012
No.of Employees:   2-4
States Licensed in:   VA
Number of Years with Current Firm:   4
Work Experience:   For more than 30 years, we have been helping our clients make the
most of their wealth through investment, financial, and tax advice,
both as an Investment Advisor Representative as a Certified Public
Accountant (CPA) and as a Personal Financial Specialist (PFS).
I work with the following types of clients:   Businesses , Non-Profit Organizations , Individual Investors


Services
Investment Types:   Exchange Traded Funds (ETFs) , Mutual Funds , Stocks


Qualifications & Memberships
Financial Organization Memberships:   National Association of Personal Financial Advisors (NAPFA) , American Institute of Certified Public Accountants (AICPA) , Financial Planning Association (FPA) , Virginia Board of Accountancy (VBOA)


Firm Information
Firm's Number of Clients:   30
Firm's Number of Planning Clients:   30
Firm's Number of Managed Clients:   30
Assets Managed by Firm:   $60,000,000
Advisor's Number of Clients:   30
Advisor's Number of Managed Clients:   30
Advisor's Number of Planning Clients:   30
Assets Managed by Advisor:   60,000,000


Compliance
Registered Investment Advisor:   Yes
Investment Advisor 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
Fee Structure:   I am a Fee-Only financial professional
Minimum Portfolio Size for New Managed Accounts:   $250,000
Compensation Methods:   Based on Assets
Hourly Rate:   $250
Additional Details on Charges:   Fees for Advisory Services are paid quarterly in arrears pursuant to
the terms of the investment advisory agreement; and based on the
market value of assets under management at the end of the quarter
and on the following schedule: 1st $500,000 @ 1.25%, next
$1,500,000 @ 1.00%, next $3,000,000 @ .75% and over $5,000,000
@ .50%
Minimum Fee Charged for Managed Accounts:   $3,125
Minimum Fee Charged for Hourly Planning Accounts:   $250


Education
BS - Business  Cornell University - Ithaca, NY
1975- 1979

MBA - Business Administration  College of William & Mary - Williamsburg, VA
1981- 1983

Masters of Science - Taxation  Georgetown University - Washington, DC
1987- 1989



FAQs

  • Do you have a customer satisfaction or refund policy? No
  • What are your qualifications? What is your education background? Over 30 years experience helping clients through investment, financial and tax advice, both as an Investment Advisor Representative and as a CPA.
  • What is your approach to financial planning? From advice, to implementation, to ongoing oversight, as your investment advisor, we manage your money and help you stay on course toward your goals. We achieve this through our measured, step-by-step planning process: Discover, Plan, Decide, Implement and Review.
  • What services do you offer? Personal Financial Planning, Investment Management, Retirement Planning, Tax Planning, Estate Planning, Life Insurance Planning & College Planning.
  • How many clients do you currently manage? 30
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DISCLAIMER

David Wealth Management, LLC ("DWM") is a registered investment advisor, located in the Commonwealth of Virginia. DWM provides investment advisory and related services for clients nationally. DWM will maintain all applicable registration and licenses as required by the various states in which DWM conducts business, as applicable. DWM renders individualized responses to persons in a particular state only after complying with all regulatory requirements, or pursuant to an applicable state exemption or exclusion.

Jim David

Jim David

PFS, CPA

Biography


*Managing Member at David Wealth Management LLC
Fairfax, VA
July 2012 - Present (5 years)
Co-founder of David Wealth Management LLC, an independent financial planning and investment management firm focused on providing customized wealth management solutions to individuals and families.

*Managing Member at Fred Astaire Franchised Dance Studio
Fairfax, VA
March 2007 - Present (10 Years)
Co-founder of the Fred Astaire Dance Studio located in Fairfax, Virginia. The studio sets the standard of excellence in modern ballroom dance instruction in Northern Virginia.

*Investment & Strategic Advisor at Brown Advisory
Chevy Chase, MD
May 2009 - June 2012 (3 years)

*Managing Director at Private Wealth Group at FBR
Arlington, VA
1999 - 2009 (10 years)

*Tax Director at CBIZ
Fairfax, VA
1998 - 1999 (1 year)
Supported transitional efforts following the sale of David & Samson PLLC to CBIZ.

*Managing Member at David & Samson PLLC
Fairfax, VA
1993 - 1998 (5 years)
Co-founder of David & Samson PLLC, a well-respected certified public accounting firm that provided a wide range of accounting and tax services to individuals, families, and businesses. Successfully built the business and positioned the firm for sale to CBIZ.

*TPIC Tax Person-In-Charge
Washington, DC
1988 - 1993 (5 years)
TPIC of the tax department of the DC practice office of Kenneth Leventhal & Co, one of the most widely recognized CPA firms in the nation. In 1995, Kenneth Leventhal & Company was merged into Ernst & Young.

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My Services


Investment Management & Advice

Academic research has provided evidence that an investor's asset allocation, the selection of asset classes, which include US equities, Non-US equities, US fixed income and Non-US fixed income, and the portfolio percentage allocation to each, is the single most important element in a portfolio strategy. Asset allocation accounts for over 90% of a portfolio's performance. We offer both taxable and retirement investment portfolios that provide a wide range of equity and fixed income exposure levels.


Risk management

We recommend for you the portfolio determined to be the most appropriate and consistent with that of your personal goals, objectives, time horizon and risk tolerance. We use Riskalyze to assist us in determining your risk tolerance.


Financial Planning for Individuals

At David Wealth Management you'll benefit from our methodical approach, where every service is integrated, every decision is informed and, most of all, every move is made in your best interest. From advice, to implementation, to ongoing oversight, as your investment advisor, we manage your money and help you stay on course toward your goals. We achieve this through our measured, step-by-step planning process. Discover - We ask that you complete a detailed questionnaire and meet with you to evaluate your current financial position and discuss your financial needs and goals. Plan - We build you a financial plan based on your information and input, our expertise, and utilization of the best planning tools. Decide - We review your plan with you and together we agree on how you would like to proceed. Implement - We take care of the paperwork and get your plan moving forward. Review - We have regular meetings with you to review the progress of your plan and discuss any life changes.


Communities Served

Alexandria Arlington
Ashburn Bethesda
Chantilly Chevy Chase
Fairfax Fairfax Station
Falls Church Great Falls
Herndon Mc Lean
Oakton Potomac
Reston Vienna
Washington

Office Hours

Mon. 9:30 AM - 5:00 PM
Tue. 9:30 AM - 5:00 PM
Wed. 9:30 AM - 5:00 PM
Thu. 9:30 AM - 5:00 PM
Fri. 9:30 AM - 5:00 PM

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