Walter N. Allen

KESTRA ADVISORY SERVICES

Santa Fe, NM

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CRD#: 1267425

Professional summary

Walter Newton Allen, who also goes by Wally Allen, is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Santa Fe, New Mexico and KESTRA INVESTMENT SERVICES, LLC located in Santa Fe, New Mexico.

Walter is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1984. Walter has worked at 7 firms and has passed the Series 65, Series 63, Series 52TO, SIE, Series 31, Series 3, Series 7, Series 24, Series 4 and Series 53 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Wally Allen

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.

Business Name: Kestra Advisory Services, LLC Investment Related: Yes Address: 5707 Southwest Parkway Austin TX 78735 Nature of Business: Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: Investment Advisor Representative Start Date: 4/13/2017 Hours per month: 21% - 30% (33 - 48 hours) Hours per month during trading hours: 21% - 30% (29 - 42 hours) Duties: Investment Advisor RepresentativeBusiness Name: Wally Allen Wealth Management Investment Related: Yes Address: 746 Camino Francisca Santa Fe NM 87506 Nature of Business: Registered Rep Activities through Kestra Investment Services, LLC using a DBA name; Insurance; Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: sole proprietor Start Date: 4/13/2017 Hours per month: 100%+ (More than 160 hours) Hours per month during trading hours: 91% - 100% (127 - 140 hours) Duties: I provide securities recommendations that meet my clients' investment objectives

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Walter Newton Allen's CRS (Customer Relationship Summary).

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®

None

Experience

Current

April 13, 2017 - Present

KESTRA ADVISORY SERVICES, LLC

RIA

CRD#: 283330

Santa Fe, NM

Current

April 13, 2017 - Present

KESTRA INVESTMENT SERVICES, LLC

Office #1: 746 Camino Francisca, Santa Fe, NM 87506

CRD#: 42046

Santa Fe, NM

Past

June 2, 2000 - April 18, 2017

LPL FINANCIAL LLC

RIA

CRD#: 6413

SANTA FE, NM

Past

November 24, 1997 - April 18, 2017

LPL FINANCIAL LLC

CRD#: 6413

SANTA FE, NM

Past

January 20, 1995 - December 9, 1997

INVESTMENT PERSPECTIVES SECURITIES, LTD.

CRD#: 37593

EMMAUS, PA

Past

February 10, 1992 - January 27, 1995

U.S. SECURITIES, INC.

CRD#: 14289

HARTFORD, CT

Past

November 12, 1987 - February 6, 1992

SECO WEST LIMITED

CRD#: 7637

WILLIAMSVILLE, NY

Past

May 23, 1984 - November 19, 1987

LEHMAN BROTHERS INC.

CRD#: 7506

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".

KESTRA ADVISORY SERVICES, LLC

KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC

CRD#: 283330 / SEC#: 801-56126

RIA

Registered Investment Advisory firm - (12/31/1998 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.

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

California
(4/13/2017)

Delaware
(3/25/2019)

Florida
(4/13/2017)

New Jersey
(4/13/2017)

New Mexico
(4/13/2017)

IAR

New Mexico
(4/13/2017)

New York
(4/13/2017)

North Carolina
(11/16/2020)

Pennsylvania
(4/13/2017)

Texas
(4/13/2017)

Virginia
(4/13/2017)

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. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 8/3/1992

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 5/30/1984

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 52TO

Date: 1/2/2023

Municipal Securities Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 31

Date: 10/10/2003

Futures Managed Funds Examination

General Industry/Product Exam

Series 3

Date: 6/28/1984

National Commodity Futures Examination

General Industry/Product Exam

Series 7

Date: 5/19/1984

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 1/21/1998

General Securities Principal Examination

Principal/Supervisory Exam

Series 4

Date: 11/23/1994

Registered Options Principal Examination

Principal/Supervisory Exam

Series 53

Date: 7/12/1989

Municipal Securities Principal Examination

SRO Registrations

FINRA

Current Firm

KESTRA ADVISORY SERVICES, LLC

KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC

CRD#: 283330 / SEC#: 801-56126

RIA

Registered Investment Advisory firm - (12/31/1998 Approved)

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Contact information

Main Address

5707 Southwest Parkway Building 2, Suite 400, Austin, TX 78735

Mailing Address

Phone number

(844) 553-7872

Established

Firm type

Fiscal year end

# of Employees

1,299

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

KESTRA ADVISORY SERVICES, LLC BROCHURE (RETAIL CLIENTS) (10/21/2025)

KESTRA ADVISORY SERVICES, LLC BROCHURE (WRAP FEE PROGRAM) (10/21/2025)

KESTRA ADVISORY SERVICES, LLC BROCHURE (PLAN CLIENTS) (10/21/2025)

Regulatory assets under management

Total Number of Accounts	155,482
AUM (Assets Under Management)	$ 60,174,309,829

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
12/23/2024	Cover Page	Report
10/20/2023	Cover Page	Report
12/21/2022	Cover Page	Report

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.

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Advisor Monitoring

Firm Stability Insights

Walter N. Allen

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Walter Newton Allen's CRS (Customer Relationship Summary).

Certified licenses

Experience

KESTRA INVESTMENT SERVICES, LLC

LPL FINANCIAL LLC

LPL FINANCIAL LLC

INVESTMENT PERSPECTIVES SECURITIES, LTD.

U.S. SECURITIES, INC.

SECO WEST LIMITED

LEHMAN BROTHERS INC.

Primary Firm SEC Registration

KESTRA ADVISORY SERVICES, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 8/3/1992

Series 63

Date: 5/30/1984

Series 52TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 31

Date: 10/10/2003

Series 3

Date: 6/28/1984

Series 7

Date: 5/19/1984

Series 24

Date: 1/21/1998

Series 4

Date: 11/23/1994

Series 53

Date: 7/12/1989

FINRA

Current Firm

KESTRA ADVISORY SERVICES, LLC

Contact information

SEC notice filing (53 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

KESTRA ADVISORY SERVICES, LLC

TRUST BUT VERIFY

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