# David Lafferty

> David Lafferty is a fee-only financial advisor at Wescott Financial Advisory Group LLC in Philadelphia, Pennsylvania, who holds the CFP, MBA and JD credentials. David charges a percentage of assets (a $2,000,000 asset minimum) and focuses on estate & legacy planning, tax planning and retirement planning.

Page: https://find.wellspent.co/advisors/david-lafferty/
Built from public directory listings; last checked April 21, 2026.

## Facts

- **Firm:** Wescott Financial Advisory Group LLC
- **Based in:** Philadelphia, Pennsylvania
- **Fee model:** Percentage of assets
- **Fees (firm's website):** a $2,000,000 asset minimum
- **Works virtually:** Yes (firm's website)
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $4.16B across 3,365 accounts
- **Credentials:** CFP, MBA, JD, CAP, ChFC, LLM
- **Specialties:** Estate & legacy planning, Tax planning, Retirement planning, Sustainable & impact investing, Founders (pre-exit), Family wealth transfer
- **Works with:** Founders, Executives, Ultra high net worth, Multi-generational families
- **CRD:** 1712748 (https://adviserinfo.sec.gov/individual/summary/1712748)
- **SEC registration:** Investment adviser representative in PA
- **Exams passed:** Series 63 (1989), Series 65 (1997)
- **Firm size:** 48 employees
- **Disclosures:** None reported
- **Website:** http://wescott.com

## Frequently asked questions

### Is David Lafferty a fee-only financial advisor?

Yes. David Lafferty is listed in the NAPFA directory (NAPFA admits only fee-only advisors). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by David's firm.

### How does David charge for financial advice?

David charges a percentage of assets.

### How much does David charge?

According to Wescott Financial Advisory Group LLC's website, checked October 28, 2026: a $2,000,000 asset minimum.

### Does David work with clients virtually?

Yes. Wescott Financial Advisory Group LLC says on its website that it works with clients remotely.

### Where is David Lafferty based?

David Lafferty is based in Philadelphia, Pennsylvania.

### What does David specialize in?

David's specialties include estate & legacy planning, tax planning, retirement planning, sustainable & impact investing, founders (pre-exit) and family wealth transfer. David works with founders, executives, ultra high net worth and multi-generational families.

### What credentials does David Lafferty hold?

David Lafferty holds the CFP, MBA, JD, CAP, ChFC and LLM credentials.

### Is David Lafferty registered with the SEC?

Yes. David Lafferty is registered as an investment adviser representative in PA (CRD 1712748), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.

### How much does Wescott Financial Advisory Group LLC manage?

Wescott Financial Advisory Group LLC reports $4.16B across 3,365 accounts in assets under management.

### How do I contact David Lafferty?

Through David's website, wescott.com.

## Sources

- NAPFA directory listing (https://www.napfa.org/find-an-advisor/firm/5156): NAPFA admits only fee-only advisors
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 27, 2026
- The firm's website (https://wescott.com/): specialties, clients served, and fees, checked October 28, 2026

---

Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.