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David Alan Massart

BEACON POINTE ADVISORS
Milwaukee, WI
·CRD# 2332208·33 years experience

Professional Summary

David Alan Massart, who also goes by Dave Massart, is a registered financial advisor currently at BEACON POINTE ADVISORS, LLC located in Milwaukee, Wisconsin. David is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1993. David has worked at 10 firms and has passed the Series 65, Series 63 and Series 7 exams.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Dave Massart

Blog Corner

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities. Check for any disclosures as part of your thorough research when choosing an advisor.

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Years of Experience

33 years in the financial services industry

Current & Past Employments

BEACON POINTE ADVISORS, LLC·CRD# 119290
RIA
10700 Research Drive #150, Milwaukee, WI 53122
January 12, 2022 - Present
NEXT GENERATION WEALTH MANAGEMENT, INC.·CRD# 134057
RIA
Milwaukee, WI
April 25, 2005 - March 7, 2022
WELLS FARGO INVESTMENTS, LLC·CRD# 10582
RIA
Milwaukee, WI
January 3, 2005 - April 22, 2005
WELLS FARGO INVESTMENTS, LLC·CRD# 10582
BD
San Francisco, CA
January 3, 2005 - April 22, 2005
STRONG CAPITAL MANAGEMENT INC·CRD# 106638
RIA
Menomonee Falls, WI
January 6, 2003 - December 31, 2004
STRONG INVESTMENTS, INC.·CRD# 15658
BD
Menomonee Falls, WI
December 17, 2002 - December 31, 2004
WELLS FARGO BROKERAGE SERVICES, L.L.C.·CRD# 16100
BD
Minneapolis, MN
December 14, 2000 - August 12, 2002
WELLS FARGO INVESTMENTS, LLC·CRD# 10582
BD
San Francisco, CA
December 13, 2000 - December 16, 2002
WELLS FARGO SECURITIES INC.·CRD# 17438
BD
San Francisco, CA
September 9, 1999 - May 7, 2001
WELLS FARGO BROKERAGE SERVICES, L.L.C.·CRD# 16100
BD
Minneapolis, MN
October 5, 1998 - December 13, 2000
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED·CRD# 7691
BD
New York, NY
April 29, 1996 - October 8, 1998
CITIGROUP GLOBAL MARKETS INC.·CRD# 7059
BD
New York, NY
July 31, 1993 - May 13, 1996
LEHMAN BROTHERS INC.·CRD# 7506
BD
New York, NY
April 5, 1993 - July 31, 1993

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Current Firm

BP
BEACON POINTE ADVISORS, LLC

BEACON POINTE ADVISORS, LLC | BEACON POINTE INSURANCE SERVICES, LLC

CRD#: 119290 / SEC#: 801-60943
RIA
Registered Investment Advisory firm - SEC (2/20/2002 Approved)

Contact Information

Main Address

24 Corporate Plaza Suite 150, Newport Beach, CA 92660

Phone Number

(949) 718-1600

# of Employees

780

SEC notice filing (53 States and Territories)

Registered to provide investment advisory services in 53 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

BEACON POINTE ADVISORS, LLC FORM ADV PART 2 - APPENDIX 1 (3/31/2026)

Regulatory Assets Under Management

Total Number of Accounts

29,892

AUM (Assets Under Management)

$54,872,534,714

Accountant Surprise Examination Report

Filing DateForm ADV-E CoverForm ADV-E Report
09/26/2025Cover PageReport
12/26/2024Cover PageReport
11/28/2023Cover PageReport

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

Name of other business: US Bank Global Fund Services Investment related: Yes Address: US Bank Global Fund Services 616 East Wisconsin Avenue Milwaukee, WI 53202 Nature of business/Title: Serve as an independent trustee of the Managed Portfolio Series Trust and the ETF Series Solutions Trust (the 'Trust'), a Delaware statutory trust that is registered with the Securities & Exchange Commission ('SEC') as an open-end management investment company, and as a director for each series fund in the Trust (each a 'Fund'). The start date of your relationship: Managed Portfolio Series Trust - April 2011 ETF Series Solutions Trust - August 2012 The approximate number of hours per month you devote to the other business: 33 hours per month The number of hours you devote to the other business during securities trading hours: 20 hours per month Briefly describe your duties relating to the other business: To provide oversight and protect the shareholders' best interests.

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Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
BP
BEACON POINTE ADVISORS, LLC

BEACON POINTE ADVISORS, LLC | BEACON POINTE INSURANCE SERVICES, LLC

CRD#: 119290 / SEC#: 801-60943
RIA
Registered Investment Advisory firm - SEC (2/20/2002 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.
IAR
Texas
(1/12/2022)
IAR
Wisconsin
(1/12/2022)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Apr 1993About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Apr 1993About the Series 63 exam

Series 7 — General Securities Representative Examination

Passed Apr 1993About the Series 7 exam

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CRS (Client Relationship Summary) - RIA

BP

BEACON POINTE ADVISORS, LLC — Registered Investment Advisory firm

Version Date: Wed, Oct 02, 2024

Beacon Pointe Advisors, LLC (“we,” “our,” or “us”) is registered with the Securities and Exchange Commission as an investment adviser. Brokerage and investment advisory services and fees differ, and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.

We offer advisory services to retail investors. We manage a portion or all of your assets, which typically include equities, bonds, exchange-traded funds, mutual funds, or other securities. We monitor each account on an ongoing basis and make adjustments consistent with your investment objectives and goals. Additionally, we may recommend unaffiliated third-party investment managers (“Independent Managers”) to manage all or a portion of your assets. We monitor/review each Independent Manager on an ongoing basis. In some cases, we allocate a portion of your assets among individual stocks and bonds, mutual funds, exchange-traded funds, real estate investment trusts, interval funds, or private funds. We offer investment advisory services on a discretionary basis, meaning that you authorize us to hire/fire Independent Managers and choose the securities to be bought or sold, subject to your stated investment objectives and restrictions you place on the account. We will provide financial planning advice to clients upon request and subject to a minimum account size in accordance with the Advisory Agreement. Generally, our minimum account size is $1 million, but we reserve the right to reduce or waive account minimums at our discretion. We may also offer advisory services through our Unified Managed Account (“UMA”) structure on a discretionary basis, which may consist of any combination of separately managed accounts, mutual funds, exchange-traded funds, and/or third-party strategies in a single account.

Additional Information: Please also see Items 4, 5, 7 and 13 of Form ADV, Part 2A.


Questions to ask your Professional:

  • Given my financial situation, should I choose an investment advisory service? Why or why not?
  • How will you choose investments to recommend to me?
  • What is your relevant experience, including your licenses, education, and other qualifications?
  • What do these qualifications mean?

We charge a fee based on the total assets in your account, subject to a minimum quarterly program fee of $1,250. This fee is generally payable quarterly in advance. The more assets in your account, the more you will pay in fees, and we may have an incentive to encourage you to increase the assets in your account.

Fees for our financial consulting services may be fixed, hourly, or based upon a percentage of assets under supervision. The specific fee amount and the fee-paying arrangements are determined on a case-by-case basis and will be outlined in your agreement.

Our fee does not include management fees charged by Independent Managers or any applicable charges imposed by custodians, brokers or other third parties such as, platform fees, brokerage commissions, transaction fees, custodial fees, wire transfer/electronic fund fees, or other fees/taxes in connection with securities transactions in your account. The Independent Manager fees may be greater than our fees. Money market funds, mutual funds, and ETFs also charge their own internal management fees.

Additional Information: You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying. Please also see Item 5 of Form ADV, Part 2A.


Questions to ask your Professional:

  • Ask your financial professional: Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?

When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means.

  • We offer our own real estate, sustainable, and credit-oriented investment funds (“Funds”) to clients. While clients do not pay additional fees for investing in the Funds, we have an incentive to grow the assets in the Funds.

  • We may also recommend that clients invest in mutual funds managed by a related adviser, or an interval fund managed by us (“Related Funds”). We have an incentive to recommend the Related Funds because we or our related adviser receive fees based on their total assets.

  • Some of our employees are licensed insurance agents of a related insurance agency and receive commissions for recommending insurance products, which creates a financial incentive. Clients will not pay both a management fee and commission for such products.

  • We participate in referral programs in which we pay custodians a portion of our fee collected from clients they refer to us. We have an incentive to recommend that clients maintain their accounts with such custodians in order to continue receiving their products/services and participating in their referral programs.

Additional Information: Please also see Items 10-12, 14 of Form ADV, Part 2A.


Questions to ask your Professional:

  • How might your conflicts of interest affect me, and how will you address them?

Our financial professionals earn salaries and, when applicable, merit bonuses for performing advisory functions. Some of our financial professionals may receive compensation that is based, at least in part, on the number or amount of client referrals or new accounts brought to the firm. Some of our financial professionals earn additional compensation from insurance or brokerage commissions. For more information regarding these activities, refer to Item 10 of Form ADV, Part 2A and your financial professional’s Form ADV, Part 2B Supplement.

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