David K. Malone

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CRD#: 1201002

Professional summary

David Kent Malone was barred by the SEC from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

David is a previously registered financial professional and started their career in finance in 1983. Prior to being barred, David had worked at 4 firms, which includes CENTRAL STATES CAPITAL MARKETS LLC, DEWAAY FINANCIAL NETWORK LLC, COOPER MALONE MCCLAIN INC., MID-CONTINENT INVESTMENTS INC..

Question & Answer

Are you a "fiduciary"?

Aliases

Dave Malone

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®

None

Experience

Past

January 11, 2012 - March 15, 2016

CENTRAL STATES CAPITAL MARKETS, LLC

CRD#: 155291

PRAIRIE VILLAGE, KS

Past

March 18, 2010 - November 18, 2011

DEWAAY FINANCIAL NETWORK, LLC

CRD#: 30767

KANSAS CITY, MO

Past

July 11, 1989 - May 1, 2008

COOPER MALONE MCCLAIN, INC.

CRD#: 18637

WICHITA, KS

Past

December 21, 1983 - July 5, 1989

MID-CONTINENT INVESTMENTS, INC.

CRD#: 7008

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.

Exams

State Security Law Exam

Series 63

Date: 12/22/1983

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 3/15/2016

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 12/17/1983

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 2/6/1995

General Securities Principal Examination

Current Firm

CENTRAL STATES CAPITAL MARKETS, LLC

CRD#: 155291 / SEC#: 801-79295, 8-68711

RIA

Registered Investment Advisory firm - SEC (1/3/2017 Terminated)

Iowa

Registered Investment Advisory firm - SEC (1/23/2018 Approved)

Kansas

Registered Investment Advisory firm - SEC (10/12/2016 Approved)

Missouri

Registered Investment Advisory firm - SEC (12/29/2016 Approved)

Broker-Dealer Firm Regulated by FINRA (Kansas City district office)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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Contact information

Main Address

4200 W 83rd Street Suite 101, Prairie Village, KS 66208

Mailing Address

4200 W 83rd Street Suite 101, Prairie Village, KS 66208

Phone number

(913) 766-6565

Established

Kansas since 08/31/2010

Firm type

Limited Liability Company

Fiscal year end

December

Firm Size

Small

# of Employees

FINRA licenses (27 States and Territories)

Documents

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Direct owners and executive officers

Name	Position	CRD#
CLASSEN, MARK K	MEMBER	6886821
CENTRAL STATES FINANCIAL SERVICES, LLC	HOLDING COMPANY; MEMBER
YOUNG, ROBERT MORRIS JR	CHAIRMAN & CCO	501297
ADDISON, LAURIE ANNE	CHIEF FINANCIAL OFFICER & FINOP	7488882
HORTON, MICHAEL ALAN	DIRECTOR, BRANCH MANAGER	1041106
STEPP, JOHN DANIEL	MANAGING DIRECTOR, CEO; ELECTED MANAGER	501417

Regulatory assets under management

Total Number of Accounts	38
AUM (Assets Under Management)	$ 27,936,117

Disclosures

Regulatory Event	6
Criminal	3

Red Flags

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

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David K. Malone

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

CENTRAL STATES CAPITAL MARKETS, LLC

DEWAAY FINANCIAL NETWORK, LLC

COOPER MALONE MCCLAIN, INC.

MID-CONTINENT INVESTMENTS, INC.

State Registrations and Notice Filings

Exams

Series 63

Date: 12/22/1983

SIE

Date: 3/15/2016

Series 7

Date: 12/17/1983

Series 24

Date: 2/6/1995

Current Firm

CENTRAL STATES CAPITAL MARKETS, LLC

Contact information

FINRA licenses (27 States and Territories)

Documents

Direct owners and executive officers

Regulatory assets under management

Disclosures

Red Flags

Company Information

CENTRAL STATES CAPITAL MARKETS, LLC

TRUST BUT VERIFY

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