DW
David K. Westlund
CETERA INVESTMENT ADVISERS LLC
HUTCHINSON, MN 55350
Some features on this profile are disabled
CRD#: 1193564
DW
Professional summary
David Karl Westlund is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Hutchinson, Minnesota and CETERA WEALTH SERVICES, LLC located in Hutchinson, Minnesota.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1983. David has worked at 3 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
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.
1. NAME OF ENTITY:Westlund Associates; Yes; 102 MAIN ST SOUTH STE 206; HUTCHINSON; MN; 55350; DBA; co-owner, treasurer; 1/1/1983; 160; 160; DBA for sales of securities and insurance products. 2. NAME OF ENTITY:Westlund Investements; No; 102 MAIN ST SOUTH STE 206; HUTCHINSON; MN; 55350; Real estate rentals; Owner; 1/1/1985; 4; 4; Own properties in Colorado and Minnesota. 3. NAME OF ENTITY: INDEPENDENT INSURANCE AGENT; Yes; 102 MAIN ST SOUTH STE 206; HUTCHINSON; MN; 55350; FIXED INSURANCE SALES; INDEPENDENT INSURANCE AGENT; 6/15/2009; 160; 160; SALES OF FIXED INSURANCE PRODUCTS 4. NAME OF ENTITY:Gas wells in Grady County Oklahoma.; Yes; 530 Campbell Court NW; Hutchinson; MN; 55350; 3/4 gas wells.; Self; 12/1/2017; 0; 0; No Duties 5. NAME OF ENTITY:DAVID WESTLUND-Notary; No; 102 S Main St #206; Hutchinson; MN; 55350; NOTARY PUBLIC; NOTARY PUBLIC; 8/14/2006; 0; 0; NOTARIZE DOUCMENTS 6. NAME OF OTHER BUSINESS: BEAVER CREEK WEST CONDOMINIUM ASSN.; INVESTMENT RELATED: NO; ADDRESS: 117 LAKE ST; AVON; COLORADO; 81620; NATURE OF BUSINESS: CONDO HOMEOWNER ASSN.; START DATE: 01/01/1999; POSITION/TITLE/RELATIONSHIP: BOARD MEMBER; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: 0; BRIEF DESCRIPTION OF DUTIES: ATTEND ABOUT 6 MEETINGS ANNUALLY BY PHONE;
CRS (Client Relationship Summary) - RIA
Click below to view David Karl Westlund's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
June 29, 2023 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 40 Main St N, Hutchinson, MN 55350RIA
CRD#: 105644
HUTCHINSON, MN
Current
June 9, 2021 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 102 Main Street South, Suite 206, Hutchinson, MN 55350BD
CRD#: 13572
Hutchinson, MN
Past
June 9, 2021 - June 29, 2023
CETERA WEALTH SERVICES, LLC
RIA
CRD#: 13572
EL SEGUNDO, CA
Past
January 30, 2014 - June 9, 2021
VOYA FINANCIAL ADVISORS, INC.
RIA
CRD#: 2882
HUTCHINSON, MN
Past
September 27, 1983 - June 9, 2021
VOYA FINANCIAL ADVISORS, INC.
BD
CRD#: 2882
HUTCHINSON, MN
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(6/9/2021)
RR
Arkansas(10/26/2023)
RR
California(2/19/2025)
RR
Colorado(6/9/2021)
RR
District of Columbia(6/9/2021)
RR
Florida(6/10/2021)
RR
Iowa(7/23/2025)
RR
Minnesota(6/9/2021)
IAR
Minnesota(6/29/2023)
RR
Missouri(10/26/2023)
RR
Nevada(6/9/2021)
RR
New York(9/23/2024)
RR
North Carolina(7/6/2023)
RR
North Dakota(6/9/2021)
RR
South Carolina(9/23/2022)
RR
South Dakota(6/9/2021)
RR
Wisconsin(6/9/2021)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 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
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
