WS
William E. Shepard
NATIONS FINANCIAL GROUP
Cedar Rapids, IA 52402
Some features on this profile are disabled
CRD#: 1193984
WS
Professional summary
William Edward Shepard, who also goes by Bill Shepard, William Shepard, is a registered financial advisor currently at NATIONS FINANCIAL GROUP, INC. located in Cedar Rapids, Iowa.
William is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1983. William has worked at 6 firms and has passed the Series 66, Series 63, SIE, Series 3, Series 7, Series 6 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Bill Shepard | William Shepard
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.
PLATINUM ADVISORY GROUP. 373 COLLINS RD. NE, SUITE 214. CEDAR RAPIDS, IA 52402. IS INVESTMENT RELATED. NATURE OF BUSINESS IS INSURANCE SALES. POSITION IS AGENT. STARTED 4/14/04. SPEND MINIMAL TIME ON THIS BUSINESS. OCCASIONALLY RECEIVE COMMISSION ON INSURANCE RELATED ACTIVITIES FROM 3RD PARTIES // SHEP-AIR. 3939 GREYSTONE DR. CEDAR RAPIDS, IA 52411. NOT INVESTMENT RELATED. NATURE OF BUSINESS IS FLYING SERVICE. POSITION IS PILOT. STARTED 9/25/07. APPROX 1 HR/MONTH ON THIS BUSINESS. OWN AND OPERATE AIRPLANE. EXPECT LESS THAN 5 CUSTOMERS/YEAR// New Leader Manufacturing. 1330 76TH AVE SW CEDAR RAPIDS, IA 52504. NOT INVESTMENT RELATED. NATURE OF BUSINESS IS MANUFACTURER OF MUNICIPAL/AGRICULTURAL SPREADERS. POSITION IS BOARD OF DIRECTORS MEMBER. STARTED 3/16/18. APPROX 5 HRS/MONTH ON BUSINESS, NONE DURING SECURITY TRADING HRS. DUTIES ARE TO ATTEND AND PARTICIPATE IN BOARD MEETINGS. /// SHEPARD FINANCIAL SERVICES, INC. 3939 GREYSTONE DR. CEDAR RAPIDS, IA 52411. IS INVESTMENT RELATED. NATURE OF BUSINESS IS INVESTMENT SALES THROUGH NATIONS FINANCIAL GROUP. POSITION IS PRESIDENT. STARTED 3/15/2004. APPROX 160 HRS/MONTH SPENT ON BUSINESS WITH 140 DURING SECURITY TRADING HRS. DUTIES ARE INVESTMENT SALES AND SERVICE. // MMSW HOLDINGS, INC. 427 1ST ST. SE, SUITE 100 CEDAR RAPIDS, IA 52401. NOT INVESTMENT RELATED. NATURE OF BUSINESS IS AIRPLANE FRACTIONAL OWNERSHIP AND AIRPLANE LEASING. POSITOIN IS OWNER. START DATE 7/20/22. APPROX 1 HOUR/MONTH SPENT ON BUSINESS , NONE DURING SECUROTY TRADING HOURS. DUTIES ARE MANAGING MAINTENANCE AND LEASING OF AN AIRCRAFT SHEPJET LLC. 3939 GREYSTONE DR. CEDAR RAPIDS, IA 52411. NOT INVESTMENT RELATED. NATURE OF BUSINESS IS AIR TRANSPORTATION. POSITION IS MANAGING MEMBER. STARTED 10/17/25. APPROX 5HR/MONTH, 1HR DURING TRADING HOURS. DUTIES ARE TO MOVE MONEY FOR PURCHASES & ADDITIONAL CAPITAL CALLS.
CRS (Client Relationship Summary) - RIA
Click below to view William Edward Shepard's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view William Edward Shepard'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
February 9, 2005 - Present
NATIONS FINANCIAL GROUP, INC.
Office #1: 373 Collins Rd. Ne Suite 214, Cedar Rapids, IA 52402RIA
BD
CRD#: 44181
Cedar Rapids, IA
Current
April 16, 2004 - Present
NATIONS FINANCIAL GROUP, INC.
Office #1: 373 Collins Rd. Ne Suite 214, Cedar Rapids, IA 52402RIA
BD
CRD#: 44181
Cedar Rapids, IA
Past
May 21, 2002 - April 19, 2004
WELLS FARGO INVESTMENTS, LLC
RIA
CRD#: 10582
CEDAR RAPIDS, IA
Past
April 30, 2002 - April 19, 2004
WELLS FARGO INVESTMENTS, LLC
BD
CRD#: 10582
SAN FRANCISCO, CA
Past
September 25, 1985 - April 30, 2002
SECURITIES CORPORATION OF IOWA
BD
CRD#: 6945
CEDAR RAPIDS, IA
Past
June 14, 1984 - September 21, 1984
G. R. PHELPS & CO., INC.
BD
CRD#: 173
Past
October 3, 1983 - April 9, 1984
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
BD
CRD#: 4039
Past
October 3, 1983 - April 9, 1984
EQUITABLE ADVISORS, LLC
BD
CRD#: 6627
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".
NF
NATIONS FINANCIAL GROUP, INC.
FRONTIER INVESTMENT SERVICES | NATIONS FINANCIAL GROUP, INC. | NATIONAL BROKERAGE SERVICES, INC.
CRD#: 44181 / SEC#: 801-57407, 8-50588
RIA
Registered Investment Advisory firm - SEC (5/3/2000 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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(5/5/2004)
RR
Arkansas(9/27/2019)
RR
California(4/29/2004)
RR
Colorado(10/5/2004)
RR
Florida(5/5/2004)
RR
Georgia(3/13/2018)
RR
Illinois(4/29/2004)
RR
Iowa(4/16/2004)
IAR
Iowa(2/9/2005)
RR
Kansas(5/7/2004)
RR
Maryland(5/7/2004)
RR
Michigan(12/1/2005)
RR
Minnesota(5/5/2004)
RR
Missouri(1/21/2010)
RR
Nebraska(10/14/2004)
RR
New Mexico(4/30/2004)
RR
New York(3/23/2012)
RR
North Carolina(5/17/2004)
RR
Ohio(10/24/2013)
RR
Oklahoma(4/30/2004)
RR
Oregon(11/15/2010)
RR
Pennsylvania(8/8/2011)
RR
South Carolina(11/3/2020)
RR
Tennessee(9/25/2019)
RR
Texas(7/7/2005)
RR
Virginia(11/22/2004)
RR
Washington(8/9/2004)
RR
Wisconsin(5/7/2004)
RR
Wyoming(6/2/2017)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
NF
NATIONS FINANCIAL GROUP, INC.
FRONTIER INVESTMENT SERVICES | NATIONS FINANCIAL GROUP, INC. | NATIONAL BROKERAGE SERVICES, INC.
CRD#: 44181 / SEC#: 801-57407, 8-50588
RIA
Registered Investment Advisory firm - SEC (5/3/2000 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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
3925 Fountains Blvd Ne Suite 200, Cedar Rapids, IA 52411
Mailing Address
3925 Fountains Blvd Ne Suite 200, Cedar Rapids, IA 52411
Phone number
(319) 393-9541
Established
Iowa since 11/14/1997
Firm type
Corporation
Fiscal year end
December
Firm Size
Small
# of Employees
87
SEC notice filing (44 States and Territories)
FINRA licenses (51 States and Territories)
Direct owners and executive officers
Regulatory assets under management
| Total Number of Accounts | 9,822 |
| AUM (Assets Under Management) | $ 3,867,522,560 |
Disclosures
| Arbitration | 1 |
| Bond | 1 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 11/26/2025 | ||
| 09/26/2024 | ||
| 11/22/2023 | ||
| 12/28/2022 |
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.
Company Information
NATIONS FINANCIAL GROUP, INC.
CRD#: 44181Cedar Rapids, IA 52402TRUST BUT VERIFY
Monitor William Shepard
Get automatic monthly alerts on:Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates
Contact information
xxxxx@xxxx.xxx
