David S. Forbes

Some features on this profile are disabled

CRD#: 1069819

Professional summary

Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

David Stephen Forbes, CFP®, who also goes by Dave Forbes, was a registered financial professional .

David is a previously registered financial professional and started their career in finance in 1983. David had worked at 3 firms and has passed the Series 63, Series 3, Series 7, Series 27 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Aliases

Dave Forbes

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

CFP^®

Certified Financial Planner

Experience

Past

July 8, 1997 - July 8, 2024

PETRA FINANCIAL ADVISORS INC

RIA

CRD#: 107196

COLORADO SPRINGS, CO

Past

March 12, 1987 - September 24, 1991

ALLIANCE ADVISORY & SECURITIES, INC.

CRD#: 18835

Past

October 20, 1983 - August 10, 1988

ASSOCIATED SECURITIES CORP.

CRD#: 12969

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

PETRA FINANCIAL ADVISORS INC

LIGHTHOUSE FINANCIAL, LLC | PETRA FINANCIAL ADVISORS INC

CRD#: 107196 / SEC#: 801-39169

RIA

Registered Investment Advisory firm - (6/27/1991 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

Series 63

Date: 6/3/1994

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 3

Date: 1/27/2012

National Commodity Futures Examination

General Industry/Product Exam

Series 7

Date: 10/15/1983

General Securities Representative Examination

Principal/Supervisory Exam

Series 27

Date: 9/9/1988

Financial and Operations Principal Examination

Principal/Supervisory Exam

Series 24

Date: 9/30/1985

General Securities Principal Examination

Current Firm

PETRA FINANCIAL ADVISORS INC

LIGHTHOUSE FINANCIAL, LLC | PETRA FINANCIAL ADVISORS INC

CRD#: 107196 / SEC#: 801-39169

RIA

Registered Investment Advisory firm - (6/27/1991 Approved)

Upgrade to AdvisorCheck Premium

Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.

Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.

See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address

2 North Nevada Ave Suite 1300, Colorado Springs, CO 80903-1626

Mailing Address

Phone number

(719) 636-9000

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (9 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

FORM ADV PART 2A/B (3/10/2025)

Regulatory assets under management

Total Number of Accounts	1,183
AUM (Assets Under Management)	$ 387,778,985

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Similar Advisors

Stephen Zahka

EDWARD JONES

IAR

Marlborough, MA

Frank Moore

UBS FINANCIAL SERVICES INC.

IAR

Greenwich, CT

Marshall Rosen

OSAIC WEALTH, INC.

IAR

Fort Lauderdale, FL

We're Here To Help

Advisor Monitoring

Firm Stability Insights

David S. Forbes

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

ALLIANCE ADVISORY & SECURITIES, INC.

ASSOCIATED SECURITIES CORP.

Primary Firm SEC Registration

PETRA FINANCIAL ADVISORS INC

State Registrations and Notice Filings

Exams

Series 63

Date: 6/3/1994

Series 3

Date: 1/27/2012

Series 7

Date: 10/15/1983

Series 27

Date: 9/9/1988

Series 24

Date: 9/30/1985

Current Firm

PETRA FINANCIAL ADVISORS INC

Contact information

SEC notice filing (9 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

PETRA FINANCIAL ADVISORS INC

TRUST BUT VERIFY

Similar Advisors