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Darrel Edgar Drown

CFP®
CRD# 2125742·Registered 1991 - 2023
Previously Registered: Being a previously registered professional could mean that Darrel is no longer operating under the supervision of the SEC or FINRA. That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

Professional Summary

Darrel Edgar Drown, CFP®, who also goes by Darrel Drown, was a registered financial advisor. Darrel was a previously registered financial professional and started their career in finance 1991 - 2023. Darrel had worked at 5 firms and has passed the Series 63, SIE, Series 22 and Series 6 exams.

At a Glance

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Fiduciary Standard

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Fee Structure

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Account Minimum

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Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Services Offered

  • Comprehensive Financial Planning
  • Investment Planning
  • Inheritance
  • Life Transitions
  • Long-term Care
  • Retirement Planning
  • Social Security Planning
  • Estate Planning
  • Insurance Planning

Other Aliases

Darrel Drown

Blog Corner

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

No current employment

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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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Credentials

CFP®
Certified Financial PlannerSince 1989

Years of Experience

35 years in the financial services industry

Current & Past Employments

CETERA WEALTH SERVICES, LLC·CRD# 13572
BD
Columbia, MD
September 3, 2013 - December 31, 2023
VICUS CAPITAL, INC.·CRD# 116021
RIA
Columbia, MD
January 24, 2004 - December 31, 2025
WALNUT STREET SECURITIES, INC.·CRD# 15840
BD
Columbia, MD
March 25, 2002 - September 3, 2013
1717 CAPITAL MANAGEMENT COMPANY·CRD# 4082
BD
Newark, DE
May 14, 1991 - March 27, 2002
ENERIC FINANCIAL SERVICES, INC.·CRD# 11761
BD
Fairfield, IA
March 4, 1991 - May 9, 1991

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Current Firm

CW
CETERA WEALTH SERVICES, LLC

CETERA ADVISOR NETWORKS LLC | GORDON SIMMERS SECURITY CORPORATION | FIRST ASSET MANAGEMENT CORPORATION | FINANCIAL NETWORK INVESTMENT CORPORATION | CETERA WEALTH SERVICES, LLC | CETERA NETWORKS

CRD#: 13572 / SEC#: 801-47342, 8-29577
BD
Broker-Dealer Firm Regulated by FINRA (Los Angeles district office)

Contact Information

Main Address

2301 Rosecrans Ave #5100 Suite 5100, El Segundo, CA 90245-5672

Mailing Address

Po Box 983, Saint Cloud, MN 56302

Phone Number

(800) 879-8100

Established

Delaware since 12/31/2012

Firm Type

Limited Liability Company

Fiscal Year End

December

Firm Size

Large

# of Employees

2,881

FINRA licenses (53 States and Territories)

Registered to provide investment advisory services in 0 US states and territories.

Documents

Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Part 2 Brochures

CETERA ADVISOR NETWORKS LLC - ADV PART 2A AND APPENDIX 1 (6/1/2023)

Direct owners and executive officers

NamePositionCRD#
CETERA FINANCIAL GROUP, INC.SOLE MEMBER—
ARNOLD, SUMMER SELTZERVICE PRESIDENT2954103
BUCHHEISTER, JEFFREY ROBERTCHIEF FINANCIAL OFFICER4709900
BUDEVICH, SERGEVICE PRESIDENT AND TAX OFFICER7996345
BURKOTT, DANIEL PAULBROKER DEALER CO-CHIEF COMPLIANCE OFFICER4710068
COAXUM, KOFI SULEVICE PRESIDENT5150018
DOWELL, RODNEY CAMMERONPRINCIPAL FINANCIAL OFFICER AND VICE PRESIDENT7376607
GOK, LISA ANNESECRETARY5059738
HALLORAN, THOMAS WILLIAMVICE PRESIDENT1921834
HOLWEGER, KIMBERLEYCHIEF OPERATING OFFICER AND PRINCIPAL OPERATIONS OFFICER1572778
LEE, WINNIE AI-LINGASSISTANT SECRETARY7381661
MACKAY, TODD CHRISTOPHERCHIEF EXECUTIVE OFFICER2799860
MCCALLOP, PATRICIA RUTHERFORDBROKER DEALER CO-CHIEF COMPLIANCE OFFICER5059176
MIZUGUCHI, MAURACHIEF ACCOUNTING OFFICER AND TREASURER5769181
MOLNAR, MICHAEL JAMESVICE PRESIDENT4866129
NEARY, JOSEPH DANIELMANAGER AND VICE PRESIDENT2993505
NILAND, ERIK BRADLEYVICE PRESIDENT2796476
OBRIEN, EDWARD DMANAGER2239064
PATTERSON, GERALDVICE PRESIDENT4302538
RAMOS, RAMONMONEY LAUNDERING REPORTING OFFICER2160203
SMILEY, STANLEY ROBERTVICE PRESIDENT3004604
STINSON, TIMOTHY EARL MCCOYPRESIDENT AND MANAGER2272183
STONE, TIMOTHY PATRICKVICE PRESIDENT3038963
VAN HAVERMAAT, DAVID JAMESASSISTANT SECRETARY7042846
WATTS, ANDREW DAVIDVICE PRESIDENT4780880
WENIG, HARLAN DAVIDVICE PRESIDENT4690768

Regulatory Assets Under Management

Total Number of Accounts

192,956

AUM (Assets Under Management)

$46,651,447,975

Disclosures

Regulatory Event

20

Civil Event

2

Arbitration

15

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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. FIXED INSURANCE WITH VARIOUS COMPANIES, INVESTMENT RELATED: YES, SAME AS REGISTERED LOCATION, FIXED INSURANCE, START DATE: 12/90, 15 HOURS WEEKDAYS, SOME DURING TRADING HOURS, POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT, BRIEF DESCRIPTION OF DUTIES: SELLS LIFE, ACCIDENT, HEALTH, DISABILITY, ANNUITIES AND LONG TERM CARE; 2. VICUS CAPITAL, INC., INVESTMENT RELATED, SAME AS REGISTERED ADDRESS, OUTSIDE RIA - ADVISORY BUSINESS, START 04/1991, 12HRS/WK (10 TRADING HOURS), INVESTMENT ADVISOR REPRESENTATIVE; 3. SPEAKER/PRESENTER, THE RADIO STATION WILL FROM TIME TO TIME INTERVIEW MYSELF ON THE CURRENT ECONOMIC CONDIOITONS, BEGAN 04/1991, 1HR/WKDY, 1HR/WKED; 4. DROWN FINANCIAL SERVICES, INVESTMENT RELATED, SAME AS REGISTERED ADDRESS, DBA NAME FOR INSURANCE & FINANCIAL SERVICES, START 12/1990, 17HRS/WK (15 TRADING HOURS), INSURANCE AGENT, REGISTERED REPRESENTATIVE; 5. PETER AND JOHN MINISTRIES, NOT INVESTMENT RELATED, 3600 GEORGETOWN RD, BALTIMORE, MD 21227, 1 HOUR PER WEEK, NONE DURING TRADING HOURS, CHARITABLE ORGANIZATION, BOARD MEMBER; 6. NAME OF OTHER BUSINESS: DROWN FINANCIAL SERVICES, LLC; INVESTMENT RELATED: NO ; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: DBA FOR EXPENSES; START DATE: 1/2021; POSITION/TITLE/RELATIONSHIP: PRESIDENT/CEO; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 32.5; BRIEF DESCRIPTION OF DUTIES: DBA FOR EXPENSES, ACCOUNTING;

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State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
This advisor is not registered in any state.

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 Jun 1991About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 22 — Direct Participation Programs Representative Examination

Passed Oct 1991About the Series 22 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Feb 1991About the Series 6 exam

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CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

Services Offered by Darrel

  • Comprehensive Financial Planning
  • Investment Planning
  • Inheritance
  • Life Transitions
  • Long-term Care
  • Retirement Planning
  • Social Security Planning
  • Estate Planning
  • Insurance Planning

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