# David Nanigian > David Nanigian is a fee-only financial advisor at Mount Ararat Financial Services in Washington, District of Columbia, who holds the CFP credential. David charges a one-time planning fee and an ongoing planning fee (ongoing planning from $7,980 a year and one-time plans from $1,995). Page: https://find.wellspent.co/advisors/david-nanigian/ Built from SEC adviser records and the firm's website; last checked October 30, 2026. ## Facts - **Firm:** Mount Ararat Financial Services - **Based in:** Washington, District of Columbia - **Fee model:** One-time planning fee; Ongoing planning fee - **Fees (firm's website):** ongoing planning from $7,980 a year; one-time plans from $1,995; no asset minimum - **Works virtually:** Yes (firm's website) - **Accepting new clients:** Yes (firm's website) - **Assets under management (firm):** $351K across 8 accounts - **Credentials:** CFP - **CRD:** 4752923 (https://adviserinfo.sec.gov/individual/summary/4752923) - **SEC registration:** Investment adviser representative in DC - **Firm size:** 1 employee - **Disclosures:** None reported - **Website:** https://www.mountararatfinancialservices.com ## Frequently asked questions ### Is David Nanigian a fee-only financial advisor? Yes, according to SEC records as of October 29, 2026: David holds no broker registration, and Mount Ararat Financial Services reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV. ### How does David charge for financial advice? David charges a one-time planning fee and an ongoing planning fee. ### How much does David charge? According to Mount Ararat Financial Services's website, checked October 30, 2026: ongoing planning from $7,980 a year; one-time plans from $1,995; no asset minimum. ### Does David work with clients virtually? Yes. Mount Ararat Financial Services says on its website that it works with clients remotely. ### Where is David Nanigian based? David Nanigian is based in Washington, District of Columbia. ### What credentials does David Nanigian hold? David Nanigian holds the CFP credential. ### Is David Nanigian registered with the SEC? Yes. David Nanigian is registered as an investment adviser representative in DC (CRD 4752923), per SEC Investment Adviser Public Disclosure data as of October 29, 2026. ### How much does Mount Ararat Financial Services manage? Mount Ararat Financial Services reports $351K across 8 accounts in assets under management. ### How do I contact David Nanigian? Through David's website, www.mountararatfinancialservices.com. ## Sources - SEC adviser records (https://adviserinfo.sec.gov/individual/summary/4752923): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration - SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026 - The firm's website (https://www.mountararatfinancialservicesllc.com/): specialties, clients served, and fees, checked October 30, 2026 --- Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.