Hi Neighbor, I'm David A. Iobst, CFP®
Exploring your options? This FAQ covers what it’s like to work together—how meetings are scheduled, how I’m compensated, and the types of planning and investment help I offer. I’m located in Middletown and serve clients across Delaware, Maryland, and Pennsylvania. If you need more detail, I’m happy to help—no pressure, no obligation.
Frequently Asked Questions
Are you a fiduciary?
Yes. As a Certified Financial Planner™ (CFP®), I’m required to act as a fiduciary — meaning your interests come first at all times. Fewer than 20% of financial professionals meet the rigorous academic, ethical, and experience standards required to earn the CFP® designation.
If you’d like to learn more about the value of working with a CFP®, visit Let’s Make a Plan.
Where are you located?
I’m based in Middletown, Delaware, and work with clients throughout Delaware, Maryland, and Pennsylvania. My practice is flexible — I meet with clients in their homes or workplaces when preferred, and I also offer meetings by phone or video.
What are your hours?
My hours are by appointment, with daytime, evening, and limited weekend availability to accommodate busy schedules. You can always view open times and book directly on my online scheduling page.
Do you have investment minimums?
No. I don’t have investment minimums for my services. However, some third‑party investment programs I offer do have their own minimums. These vary by provider and strategy. Contact me to discuss your situation and the options that may fit best.
How are you compensated?
Most services are offered on a fee‑for‑service or assets‑under‑management basis.
Insurance products — such as life, annuities, disability, and long‑term care — may be compensated by commission, paid by the insurance company if you’re approved.
If you’d like a fee quote or want to review which arrangement is right for you, feel free to schedule a phone consultation.
What money managers do you work with?
As an independent financial advisor, I have access to leading institutional‑quality money managers including Vanguard, BlackRock, Morningstar, Fidelity, and others.
This independence allows me to recommend strategies based on what’s right for you — not what’s tied to a specific firm.
Do you accept credit cards or electronic payments?
Yes — you can now pay for financial planning services by credit card through my broker/dealer’s billing system. For investment accounts billed on a fee basis, fees are taken directly from the account being managed.
If you’re not sure which option applies to your situation, just ask — I’m happy to walk you through it.
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What should I bring to my first meeting?
Bringing the following items can help us have a productive conversation, but none of it is required:
- Recent investment or retirement account statements
- A list of financial goals or priorities
- Information about income, savings, or employer benefits
- Details about insurance policies (optional)
- Notes about any upcoming financial decisions or concerns
If you’re missing something, that’s okay — we can fill in details later.