David Gray Consulting LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$1,415,292
Total clients
24
0% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
24
Average account size
$58,971
About
The firm provides discretionary investment management, financial planning, and retirement-plan advisory services to a mix of individual and high‑net‑worth clients as well as trusts, estates, corporations, retirement plans, pensions, and charitable organizations. Services described in the brochure include customized portfolios constructed mainly with low‑cost mutual funds and ETFs, occasional use of individual stocks, bonds and options, written financial plans or consultations, and ERISA‑focused plan oversight and vendor analysis.
The advisor describes a primarily long‑term, customized investment approach that uses fundamental, technical and cyclical analysis and may rebalance or trade more actively when client objectives or market conditions warrant. The firm also offers an alternative performance‑based fee option (a mark‑to‑market P&L fee of 10–30% with a high‑water mark and lookback periods) and discloses the use of derivatives, short positions and portfolio borrowing (including Interactive Brokers’ Portfolio Line of Credit) for qualified accounts.
Notable differences from many solo independent advisers include the combination of ERISA 3(21)/3(38) retirement plan services and pension consulting with the availability of performance‑based fees and margin/derivative strategies, and participation in an institutional custody program that provides institutional benefits and block‑trading capabilities. The firm also discloses that its principal maintains a full‑time outside role as a project controls manager—an operational detail prospective clients may wish to consider when evaluating availability and service capacity.
Client services
Financial planning
Portfolio management
Pension consulting
Expertise
Active portfolio management
Options & derivatives strategies
Retirement plans for business owners (SEP, solo 401k)
Cash flow / budgeting
Fee options
Fixed engagement fees for financial planning based on expected hours and hourly rate.
$0 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.90% $2,000,001 - $5,000,000: 0.80% $5,000,001 - $10,000,000: 0.70% $10,000,001+: 0.60%
Up to $200 per hour for financial planning services.
Performance-based fees from 10% to 30% of mark-to-market Profit & Loss, with 0% threshold and high-water mark, charged quarterly or annually to Qualified Clients only.
Account minimum: $2,000 Fee-only: Financial planning fees up to $200 per hour or fixed fees based on expected hours at hourly rate.
Main office location
David Gray Consulting LLC
North Augusta SC, United States
Number of offices
1
Most active in
David Gray Consulting LLC has reported serving >5 clients in these states in the last 12 months.
Georgia
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
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