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David John Down

NEW EDGE WEALTH
PITTSBURGH, PA
·CRD# 1901538·35 years experience

Professional Summary

David John Down, who also goes by Dave Down, is a registered financial advisor currently at NEW EDGE WEALTH located in Pittsburgh, Pennsylvania and NEWEDGE SECURITIES, LLC located in Pittsburgh, Pennsylvania. David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1994. David has worked at 5 firms and has passed the Series 63, Series 99TO, Series 79TO, SIE, Series 7, Series 14, Series 24...

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Dave Down

Blog Corner

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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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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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Years of Experience

35 years in the financial services industry

Current & Past Employments

NEW EDGE WEALTH·CRD# 307771
RIA
1251 Waterfront Place Suite 510, Pittsburgh, PA 15222-4235
October 28, 2020 - Present
NEWEDGE SECURITIES, LLC·CRD# 10674
BD
1251 Waterfront Place Suite 510, Pittsburgh, PA 15222-4235
November 13, 1991 - Present
NEWEDGE ADVISORS·CRD# 171351
RIA
Pittsburg, PA
November 1, 2021 - May 11, 2023
MID ATLANTIC CLEARING & SETTLEMENT CORPORATION·CRD# 37466
BD
Pittsburgh, PA
July 10, 2017 - January 5, 2023
MID ATLANTIC FINANCIAL MANAGEMENT, INC.·CRD# 109771
RIA
Pittsburgh, PA
August 24, 1994 - November 1, 2021

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Current Firm

NE
NEW EDGE WEALTH

ALIGNED BY NEWEDGE WEALTH | NEWEDGE WEALTH, LLC | NEWEDGE INVESTMENT SOLUTIONS | NEWEDGE FAMILY OFFICE | NEW EDGE WEALTH LLC | NEW EDGE WEALTH

CRD#: 307771 / SEC#: 801-118291
RIA
Registered Investment Advisory firm - SEC (3/25/2020 Approved)
Maryland
Registered Investment Advisory firm - Maryland (2/28/2020 Terminated)
North Carolina
Registered Investment Advisory firm - North Carolina (2/25/2020 Terminated)
South Dakota
Registered Investment Advisory firm - South Dakota (2/24/2020 Terminated)
Wisconsin
Registered Investment Advisory firm - Wisconsin (2/24/2020 Terminated)
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).

Contact Information

Main Address

2200 Atlantic Street Suite 200, Stamford, CT 06902

Phone Number

(203) 424-2262

# of Employees

211

SEC notice filing (53 States and Territories)

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

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

NEWEDGE WEALTH LLC WRAP FEE PROGRAM BROCHURE (4/23/2026)

Regulatory Assets Under Management

Total Number of Accounts

19,593

AUM (Assets Under Management)

$19,926,358,801

Accountant Surprise Examination Report

Filing DateForm ADV-E CoverForm ADV-E Report
12/19/2025Cover PageReport
01/27/2025Cover PageReport
12/22/2023Cover PageReport

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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.

1)STONEHAVEN CONSOLIDATED ENERGY,LLC~INVESTMENT RELATED~1251 WATERFRONT PLACE, SUITE 510, PITTSBURGH,PA 15222~ENERGY INVESTING,GENERAL PARTNER TO VARIOUS ENERGY DRILLING LPS~OFFICER-VP~AUGUST 2006~1HR PER MONTH~1HR PER MONTH DURING MARKET~EXECUTIVE 2)STONEHAVEN HOLDINGS,LLC*Ownership 50% (Chuck Warde owns other 50%). I serve as president, Chuck is passive. This is entity that we flow our NewEdge Wealth revenue/payout to. I spend approximately 15-30 hours per week on client activity that relates to this.*Yes Invest*30 Per mnth/120 DUring work hours*7/1/04 3)NewEdge Wealth, LLC, an IAR.�Financial Advisorfor investment related business for ultra-high net worth individuals. 120 hours a month during trading hours.� Home office 2200 Atlantic Street, Stamford CT, 06902.Start Date: 10/28/2020 4)Boys Scouts of America - Laurel Highlands Council*On the local board of directors*No invest*2 Hr per mnth/ 0trade*8/7/23 Pittsburgh, PA 5)Down in St. Croix, LLC*Will only own property and have an NFS brokerage account with checking and possibly a local checking account to pay expenses*No Invest*2 Hours per mnth/0 Trade*8/1/23*Pittsburgh, PA 6)Stonehaven Capital Partners II, LLC*No ownership Family investment LLC for Chuck Warden's children, Chuck is Managing Member I am listed as an authorized officer to execute documents on behalf of LLC We hold accounts with NewEdge Securities No compensation*Yes Invest*1 Hr per Mnth/1 Trade*1/1/08 7)Stonehaven Capital Partners, LLC*Family investment LLC for Chuck Warden's children, Chuck is Managing Member I am listed as an authorized officer to execute documents on behalf of LLC We hold accounts with NewEdge Securities No compensation*Yes Invest*1 Per mnt/1 Trade*1/11/08 8)Oakledge, LLC*Entity is 35% owned by The Michael G. and Elizabeth Zamagias 2008 Family Deed of Trust (balance is owned equally be each of the 4 primary beneficiaries of the trust). I am Family Trustee for the above trust and Managing Member of this LLC This entity owns some closely held stock in a family company (TeleTracking Technologies) and holds a promissory note. We annually distribute cash accumulated in this LLC to the owners. We hold an account with NewEdge Securities No compensation*No Invest*1 Hr Trade/1 Trade*1/1/08 9)Poseidon Assurance, LLC*No ownership Entity is 100% owned by The Michael G. and Elizabeth Zamagias 2008 Family Deed of Trust I am Family Trustee for the above trust and Managing Member of this LLC It only owns life insurance policies on Michael and Elizabeth Zamagias. JP Morgan is custodial trustee and required an LLC to own the life insurance (trust would not directly own it). We pay annual premiums form assets in the trust. No conflicts, no compensation*No Invest*1 Hr Mnth/1Trade*1/1/08 10)STX Cotton Valley Realty LLC*No Invest*Executive Vice President*Pittsburgh, PA*Single member LLC owned jointly with my wife, Heather, to hold a residence in St Croix, USVI*President, Member*Just pay expenses and see that the home is maintained*7/32/26*0 Hr Trade/1 Non Trade

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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".
NE
NEW EDGE WEALTH

ALIGNED BY NEWEDGE WEALTH | NEWEDGE WEALTH, LLC | NEWEDGE INVESTMENT SOLUTIONS | NEWEDGE FAMILY OFFICE | NEW EDGE WEALTH LLC | NEW EDGE WEALTH

CRD#: 307771 / SEC#: 801-118291
RIA
Registered Investment Advisory firm - SEC (3/25/2020 Approved)
Maryland
Registered Investment Advisory firm - Maryland (2/28/2020 Terminated)
North Carolina
Registered Investment Advisory firm - North Carolina (2/25/2020 Terminated)
South Dakota
Registered Investment Advisory firm - South Dakota (2/24/2020 Terminated)
Wisconsin
Registered Investment Advisory firm - Wisconsin (2/24/2020 Terminated)
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).

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.
RR
California
(7/10/1998)
RR
Colorado
(1/1/1992)
RR
Florida
(7/14/1998)
RR
Indiana
(7/16/1998)
RR
Massachusetts
(10/6/1998)
RR
Michigan
(7/10/1998)
RR
Montana
(1/4/2010)
RR
New Jersey
(10/6/1998)
RR
New York
(9/4/1992)
RR
Ohio
(12/22/1997)
RR
Pennsylvania
(1/6/1992)
IAR
Pennsylvania
(10/28/2020)
RR
South Carolina
(1/4/2026)
RR
Tennessee
(1/2/2024)
IAR
Texas
(1/3/2024)
RR
Virgin Islands
(8/1/2022)

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.

Series 63 — Uniform Securities Agent State Law Examination

Passed Sep 1992About the Series 63 exam

Series 99TO — Operations Professional Examination

Passed Jan 2023About the Series 99TO exam

Series 79TO — Investment Banking Registered Representative Examination

Passed Jan 2023About the Series 79TO exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Nov 1991About the Series 7 exam

Series 14 — Compliance Officer Examination

Passed Jan 2023About the Series 14 exam

Series 24 — General Securities Principal Examination

Passed Jul 1997About the Series 24 exam

Series 4 — Registered Options Principal Examination

Passed Dec 1994About the Series 4 exam
FINRA
SRO Registrations
Nasdaq Stock Market
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view David John Down's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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