# David Portnoy

> David Portnoy is a fee-only financial advisor at Upspring Capital in Dallas, Texas, who holds the CFP and CFA credentials. Upspring Capital reports charging a percentage of assets and performance-based fees on its Form ADV.

Page: https://find.wellspent.co/advisors/david-portnoy/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Upspring Capital
- **Based in:** Dallas, Texas
- **Fee model (firm's Form ADV):** Percentage of assets; Performance-based fees
- **Assets under management (firm):** $99.5M across 101 accounts
- **Credentials:** CFP, CFA
- **CRD:** 4628266 (https://adviserinfo.sec.gov/individual/summary/4628266)
- **SEC registration:** Investment adviser representative in TX
- **Exams passed:** Series 66 (2003)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** http://www.upspringcapital.com

## Frequently asked questions

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

Yes, according to SEC records as of October 29, 2026: David holds no broker registration, and Upspring Capital 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's firm, Upspring Capital, reports charging a percentage of assets and performance-based fees on its SEC Form ADV.

### Where is David Portnoy based?

David Portnoy is based in Dallas, Texas.

### What credentials does David Portnoy hold?

David Portnoy holds the CFP and CFA credentials.

### Is David Portnoy registered with the SEC?

Yes. David Portnoy is registered as an investment adviser representative in TX (CRD 4628266), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Upspring Capital manage?

Upspring Capital reports $99.5M across 101 accounts in assets under management.

### How do I contact David Portnoy?

Through David's website, www.upspringcapital.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/4628266): 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

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