# David Thompson

> David Thompson is a fee-only financial advisor at Petra Wealth Management in Fredericksburg, Virginia. David focuses on retirement planning, tax planning and estate & legacy planning. Petra Wealth Management reports charging a percentage of assets and hourly fees on its Form ADV.

Page: https://find.wellspent.co/advisors/david-thompson-7112392/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Petra Wealth Management
- **Based in:** Fredericksburg, Virginia
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly
- **Fees (firm's website):** typically works with clients with $500,000 or more
- **Works virtually:** Yes (firm's website)
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $7.6M across 66 accounts
- **Specialties:** Retirement planning, Tax planning, Estate & legacy planning, Family wealth transfer
- **Works with:** Retirees, Pre-retirees, Physicians, Multi-generational families
- **CRD:** 7112392 (https://adviserinfo.sec.gov/individual/summary/7112392)
- **SEC registration:** Investment adviser representative in VA
- **Exams passed:** Series 63 (2001), Series 65 (2019)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** http://www.petrawealthmanagement.com

## Frequently asked questions

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

Yes, according to SEC records as of October 29, 2026: David holds no broker registration, and Petra Wealth Management 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, Petra Wealth Management, reports charging a percentage of assets and hourly fees on its SEC Form ADV.

### How much does David charge?

According to Petra Wealth Management's website, checked October 30, 2026: typically works with clients with $500,000 or more.

### Does David work with clients virtually?

Yes. Petra Wealth Management says on its website that it works with clients remotely.

### Where is David Thompson based?

David Thompson is based in Fredericksburg, Virginia.

### What does David specialize in?

David's specialties include retirement planning, tax planning, estate & legacy planning and family wealth transfer. David works with retirees, pre-retirees, physicians and multi-generational families.

### Is David Thompson registered with the SEC?

Yes. David Thompson is registered as an investment adviser representative in VA (CRD 7112392), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Petra Wealth Management manage?

Petra Wealth Management reports $7.6M across 66 accounts in assets under management.

### How do I contact David Thompson?

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

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/7112392): 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.petrawealthmanagement.com/): specialties, clients served, and fees, checked October 30, 2026

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