David N. Wells

WELLS FINANCIAL MANAGEMENT

ASHEVILLE, NC 28801

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CRD#: 1943352

Professional summary

David Nelson Wells, CFP®, who also goes by David Wells, is a registered financial advisor currently at WELLS FINANCIAL MANAGEMENT, LLC located in Asheville, North Carolina.

David is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1989. David has worked at 4 firms and has passed the Series 65, Series 63, Series 7, Series 51 and Series 24 exams.

Question & Answer

What are your service offerings?

Health Care

Divorce Planning

Comprehensive Financial Planni...

Retirement Income Management

Investment Planning

Retirement Planning

Estate Planning

Are you a "fiduciary"?

Yes

Aliases

David Wells

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) - RIA

Click below to view David Nelson Wells'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®

CFP^®

Certified Financial Planner

Start date: 1994

Experience

Current

July 14, 2011 - Present

WELLS FINANCIAL MANAGEMENT, LLC

Office #1: 56 Central Avenue Suite 105, Asheville, NC 28801

RIA

CRD#: 158030

ASHEVILLE, NC

Past

June 2, 1993 - July 18, 2011

AMERIPRISE FINANCIAL SERVICES, LLC

RIA

CRD#: 6363

ASHEVILLE, NC

Past

January 2, 1990 - July 3, 2006

IDS LIFE INSURANCE COMPANY

CRD#: 6321

MINNEAPOLIS, MN

Past

January 2, 1990 - July 18, 2011

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

ASHEVILLE, NC

Past

May 23, 1989 - August 23, 1989

F.N. WOLF & CO., INC.

CRD#: 13051

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".

WELLS FINANCIAL MANAGEMENT, LLC

EDGE CAPITAL MANAGEMENT, LLC | WELLS FINANCIAL MANAGEMENT, LLC

CRD#: 158030 / SEC#: 801-125800

RIA

Registered Investment Advisory firm - (6/3/2022 Approved)

Louisiana

Registered Investment Advisory firm - (6/14/2022 Terminated)

North Carolina

Registered Investment Advisory firm - (6/20/2022 Terminated)

South Carolina

Registered Investment Advisory firm - (6/10/2022 Terminated)

Texas

Registered Investment Advisory firm - (6/10/2022 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.

Highlighted states indicate IAR registrations

IAR

North Carolina
(7/14/2011)

IAR

Texas
(5/9/2024)

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.

Exams

State Security Law Exam

IAR

Series 65

Date: 2/2/1990

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 5/24/1989

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 5/20/1989

General Securities Representative Examination

Principal/Supervisory Exam

Series 51

Date: 4/29/2003

Municipal Fund Securities Principal Examination

Principal/Supervisory Exam

Series 24

Date: 5/11/2000

General Securities Principal Examination

Current Firm

WELLS FINANCIAL MANAGEMENT, LLC

EDGE CAPITAL MANAGEMENT, LLC | WELLS FINANCIAL MANAGEMENT, LLC

CRD#: 158030 / SEC#: 801-125800

RIA

Registered Investment Advisory firm - (6/3/2022 Approved)

Louisiana

Registered Investment Advisory firm - (6/14/2022 Terminated)

North Carolina

Registered Investment Advisory firm - (6/20/2022 Terminated)

South Carolina

Registered Investment Advisory firm - (6/10/2022 Terminated)

Texas

Registered Investment Advisory firm - (6/10/2022 Terminated)

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Contact information

Main Address

56 Central Avenue Suite 105, Asheville, NC 28801

Mailing Address

Phone number

(828) 252-4144

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (3 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

WELLS FINANCIAL BROCHURE (2/21/2025)

Regulatory assets under management

Total Number of Accounts	312
AUM (Assets Under Management)	$ 126,275,068

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.

Contact information

xxxxx@xxxx.xxx

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David N. Wells

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Nelson Wells's CRS (Customer Relationship Summary).

Certified licenses

Experience

AMERIPRISE FINANCIAL SERVICES, LLC

IDS LIFE INSURANCE COMPANY

AMERIPRISE FINANCIAL SERVICES, LLC

F.N. WOLF & CO., INC.

Primary Firm SEC Registration

WELLS FINANCIAL MANAGEMENT, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 2/2/1990

Series 63

Date: 5/24/1989

Series 7

Date: 5/20/1989

Series 51

Date: 4/29/2003

Series 24

Date: 5/11/2000

Current Firm

WELLS FINANCIAL MANAGEMENT, LLC

Contact information

SEC notice filing (3 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

WELLS FINANCIAL MANAGEMENT, LLC

TRUST BUT VERIFY

Contact information

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