David Louis Braud

NYLIFE SECURITIES LLC

MOBILE, AL · CRD#

Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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NYLIFE SECURITIES LLC

MOBILE, AL · CRD#

Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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NYLIFE SECURITIES LLC

MOBILE, AL · CRD#

Credentials

CFP®

Certified Financial PlannerSince 1994

Years of Experience

40 years registered in the securities industry

Current & Past Employments

Current

WEALTH MANAGEMENT CONSULTANTS, LLCCurrent·CRD# 121953

RIA

2210-a Main St., Daphne, AL 36526

January 5, 2005 - Present

OSAIC WEALTH, INC.Current·CRD# 23131

RIA

BD

2210 Main St Ste A, Daphne, AL 36526

December 7, 2023 - Present

OSAIC WEALTH, INC.Current·CRD# 23131

RIA

BD

2210 Main St Ste A, Daphne, AL 36526

September 1, 2023 - Present

Past

OSAIC SERVICES, INC.Past·CRD# 133763

BD

Daphne, AL

October 31, 2005 - September 1, 2023

SUNAMERICA SECURITIES, INC.Past·CRD# 20068

BD

Phoenix, AZ

July 23, 1993 - October 31, 2005

AMERIPRISE FINANCIAL SERVICES, LLCPast·CRD# 6363

BD

Minneapolis, MN

July 23, 1986 - July 27, 1993

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NYLIFE SECURITIES LLC

MOBILE, AL · CRD#

Customer Relationship Summary (CRS / SEC)Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Current Firm

OW

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

BD

Broker-Dealer Firm Regulated by FINRA (Denver district office)

Contact Information

Main Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Mailing Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Phone Number

(800) 821-5100

Established

Delaware since 08/05/1988

Firm Type

Corporation

Fiscal Year End

December

Firm Size

Large

# of Employees

8,979

SEC notice filing (53 States and Territories)

Registered to provide investment advisory services in 53 US states and territories.

FINRA licenses (53 States and Territories)

Registered to provide investment advisory services in 53 US states and territories.

Documents

Part 2 Brochures

SIGNATOR MANAGED ACCOUNT PLATFORM (8/28/2026)

OSAIC WEALTH, INC ADV PART 2A (8/28/2026)

Direct owners and executive officers

Name	Position	CRD#
OSAIC, INC.	SHAREHOLDER	—
FORD, ERINN JUNE	DIRECTOR	2176816
MIHAL, SHAWN MICHAEL	SVP, CHIEF COMPLIANCE OFFICER	3262384
MITCHELL, CHRISTOPHER MILLS	CORPORATE TREASURER, FINANCIAL PRINCIPAL	2420144
PRICE, JAMES DALE	CHAIRMAN	1243224
REID, SHANNON	CEO, PRESIDENT, DIRECTOR	4815189
SCHLUETER, MATTHEW ADAM	EVP, OPERATIONS AND TECHNOLOGY SOLUTIONS, DIRECTOR	2627931

Regulatory Assets Under Management

Total Number of Accounts

850,797

AUM (Assets Under Management)

$234,858,518,740

Disclosures

Regulatory Event

51

Arbitration

31

Bond

7

Accountant Surprise Examination Report

Filing Date	Form ADV-E Cover	Form ADV-E Report
11/14/2025	Cover Page	Report
12/18/2024	Cover Page	Report
01/26/2024	Cover Page	Report

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NYLIFE SECURITIES LLC

MOBILE, AL · CRD#

Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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) DAPHNE EXECUTIVE CENTER CONDO OWNER'S ASSOCIATION POSITION: President/Treasurer NATURE: Corporation - INVESTMENT RELATED: No NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 07/01/1995; ADDRESS: 2210 Main St., Ste. A Daphne, AL 36526, Daphne AL 36526; DESCRIPTION: This is a professional office building of which I own one of eight units for my registered business location. I oversee association functions and building maintenance requirements. 2) WEALTH MANAGEMENT CONSULTANTS LLC. HOLDS POSITION OF SR ADVISOR AND MEMBER PRINCIPAL. PROVIDES INVESTMENT ADVISORY SERVICES, TAX PREPARATION, INSURANCE AND ANNUITY SERVICES. ACTIVITY STARTED 01/2001. LOCATION 2210 MAIN ST, STE A., DAPHNE, AL. 3) RENTAL REAL ESTATE. OWNS & MANAGES RENTAL RE PROPERTIES. 12/27/05. APPROX. 5 HRS/MO IS SPENT ON THIS ACTIVITY. PRIMARILY AFTER TRADING HRS. LOCATION IS 2210 MAIN ST. 4) INSURANCE, HOLDS POSITION OF INDEPENDENT INSURANCE AGENT WITH VARIOUS INSURANCE COMPANIES. PROVIDES SALES OF LIFE INSURANCE, FIXED ANNUITIES AND INDEX ANNUITIES. 07/1993. APPROX. 20 HRS. PER MONTH. PRIMARILY DURING TRADING HOURS. LOCATION 2210 MAIN ST., STE. A, DAPHNE, AL. 5) CARMEL EAST CONDOMINIUM ASSOCIATION POSITION: Treasurer and Secretary NATURE: Corporation to manage the operational and financial functions of a 20 unit condominium complex. INVESTMENT RELATED: No NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 5 START DATE: 06/23/2026 ADDRESS: 2210 Main St., Ste. A, Daphne AL 36526, United States DESCRIPTION: I will oversee the financial operations and secretarial duties of the association, of which I am a Unit owner. An independent management company will handle COA fee collection, bill payment and ground maintenance. I will not have check writing capability.

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NYLIFE SECURITIES LLC

MOBILE, AL · CRD#

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".

OW

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

BD

Broker-Dealer Firm Regulated by FINRA (Denver 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 securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.

IAR

Alabama
(1/5/2005)

RR

Alabama
(9/1/2023)

RR

Colorado
(7/7/2026)

RR

District of Columbia
(11/13/2024)

RR

Florida
(9/1/2023)

IAR

Florida
(12/7/2023)

RR

Georgia
(9/1/2023)

RR

Illinois
(9/1/2023)

RR

Iowa
(5/12/2026)

RR

Louisiana
(9/1/2023)

RR

Maryland
(9/1/2023)

RR

Mississippi
(9/1/2023)

RR

New Hampshire
(8/26/2026)

RR

North Carolina
(9/1/2023)

RR

Ohio
(9/1/2023)

RR

Pennsylvania
(9/1/2023)

RR

Tennessee
(9/1/2023)

RR

Texas
(9/1/2023)

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

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

FINRA

SRO Registrations

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NYLIFE SECURITIES LLC

MOBILE, AL · CRD#

CRS (Customer Relationship Summary)

CRS (Client Relationship Summary) - RIA

Click below to view David Louis Braud's CRS (Customer Relationship Summary).

CRS (Client Relationship Summary) - BD

Click below to view David Louis Braud's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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NYLIFE SECURITIES LLC

MOBILE, AL · CRD#