WK
William D. Krag
PRINCIPAL SECURITIES
Collierville, TN 38017
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CRD#: 1204367
WK
Professional summary
William Donavan Krag, who also goes by Don Krag, Donnie Krag, William Donavan Krag II, is a registered financial advisor currently at PRINCIPAL SECURITIES, INC. located in Collierville, Tennessee.
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 11 firms and has passed the Series 63, SIE, Series 7, Series 22, Series 6, Series 52 and Series 53 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Don Krag | Donnie Krag | William Donavan Krag Ii
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.
***Fixed Insurance, 51 Germantown Ct, Suite 101, Cordova, TN 38018, Life, Annuities, LTC, DI (LTD, STD, AD&H), 10/01/17, Investment Related: Y, Hours Per Month: 10.
CRS (Client Relationship Summary) - RIA
Click below to view William Donavan Krag's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view William Donavan Krag'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
September 14, 2017 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 140 S Main St Ste 4, Collierville, TN 38017RIA
BD
CRD#: 1137
Collierville, TN
Current
September 11, 2017 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 140 S Main St Ste 4, Collierville, TN 38017RIA
BD
CRD#: 1137
Collierville, TN
Past
August 17, 2016 - August 8, 2017
TRUIST ADVISORY SERVICES, INC.
RIA
CRD#: 283390
MEMPHIS, TN
Past
March 17, 2014 - December 31, 2016
TRUIST INVESTMENT SERVICES, INC.
RIA
CRD#: 17499
GERMANTOWN, TN
Past
March 14, 2014 - August 8, 2017
TRUIST INVESTMENT SERVICES, INC.
BD
CRD#: 17499
GERMANTOWN, TN
Past
October 10, 2013 - March 18, 2014
FIRST HORIZON ADVISORS, INC.
RIA
CRD#: 17117
MEMPHIS, TN
Past
July 8, 2010 - October 10, 2013
FTB ADVISORS, INC.
RIA
CRD#: 143830
MEMPHIS, TN
Past
March 11, 2004 - March 30, 2012
FIRST HORIZON ADVISORS, INC.
RIA
CRD#: 17117
MEMPHIS, TN
Past
March 13, 2003 - March 18, 2014
FIRST HORIZON ADVISORS, INC.
BD
CRD#: 17117
MEMPHIS, TN
Past
April 2, 1991 - March 13, 2003
SECURITIES AMERICA, INC.
BD
CRD#: 10205
LAVISTA, NE
Past
March 22, 1990 - April 2, 1991
UBS FINANCIAL SERVICES INC.
BD
CRD#: 8174
WEEHAWKEN, NJ
Past
May 19, 1988 - April 9, 1990
BELMONT ASSET MANAGEMENT, INC.
BD
CRD#: 18484
DALLAS, TX
Past
December 1, 1987 - May 9, 1988
UNION PLANTERS INVESTMENT BANKERS GROUP, INC.
BD
CRD#: 16493
Past
May 1, 1984 - December 8, 1987
BRENNER STEED, INC.
BD
CRD#: 7103
Past
November 23, 1983 - April 19, 1984
SOUTHSTATE|DUNCANWILLIAMS SECURITIES CORP.
BD
CRD#: 6950
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".
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 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
Alabama(4/24/2024)
RR
Arkansas(10/27/2017)
RR
Georgia(1/4/2018)
RR
Mississippi(9/11/2017)
IAR
Tennessee(9/14/2017)
RR
Tennessee(1/25/2021)
Exams
State Security Law Exam
General Industry/Product 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
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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Contact information
Main Address
711 High Street, Des Moines, IA 50392
Mailing Address
Principal Financial Group 711 High Street, Des Moines, IA 50392-2080
Phone number
(888) 774-6267
Established
Iowa since 05/01/1968
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
1,436
SEC notice filing (51 States and Territories)
FINRA licenses (52 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| PRINCIPAL FINANCIAL SERVICES, INC. | OWNER | |
| AGRAWAL, VIVEK | DIRECTOR | 8050381 |
| CLAIRE, CHAD THOMAS | CHIEF INFORMATION OFFICER | 7219218 |
| DROGAN, THOMAS JOHN | CHIEF COMPLIANCE OFFICER | 2760482 |
| FRIEDRICH, AMY CHRISTINE | DIRECTOR | 7097797 |
| LAWLER, CODY ANTHONY | HEAD OF SUPERVISION, HEAD OF OPERATIONS | 5162072 |
| MCCULLUM, KENNETH ALLEN | DIRECTOR | 4695257 |
| MURRAY, MICHAEL FRANCIS | PRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR | 2074275 |
| RANTS, DOUGLAS JOHN | CHIEF INFORMATION SECURITY OFFICER | 7148529 |
| ROBERTS, DAWN MARIE | CHIEF FINANCIAL OFFICER | 7929617 |
| SCHELHAAS, NATHAN PAUL | DIRECTOR | 7275495 |
| SPADAFORA, CRAIG ALAN | SENIOR VICE PRESIDENT / HEAD OF ADVISORY AND PLATFORM | 3184320 |
| VANWINKLE, DANIEL SIMON | PSI AML OFFICER | 4715191 |
Regulatory assets under management
| Total Number of Accounts | 63,730 |
| AUM (Assets Under Management) | $ 14,827,718,110 |
Disclosures
| Regulatory Event | 9 |
| Arbitration | 3 |
| Bond | 3 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 09/26/2025 | ||
| 10/28/2024 | ||
| 11/28/2023 | ||
| 09/22/2023 | ||
| 12/20/2022 |
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.
