David Richard Burros SR. | Financial Professional

Professional summary

Being a previously registered professional could mean that this person 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.

David Richard Burros SR. was a registered financial professional .

David is a previously registered financial professional and started their career in finance in 1991. David had worked at 10 firms and has passed the Series 65, Series 63, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

No

Aliases

None

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)

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

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

Past

October 27, 2014 - February 19, 2019

CAPITAL MARKETS IQ, LLC

RIA

CRD#: 134921

DENVER, CO

Past

July 18, 2008 - December 15, 2014

BURROS WEALTH MANAGEMENT, LLC

RIA

CRD#: 147444

DENVER, CO

Past

July 18, 2008 - December 20, 2014

PURSHE KAPLAN STERLING INVESTMENTS

BD

CRD#: 35747

DENVER, CO

Past

December 5, 2003 - July 21, 2008

U.S. BANCORP INVESTMENTS, INC.

RIA

CRD#: 17868

DENVER, CO

Past

May 3, 2002 - July 21, 2008

U.S. BANCORP INVESTMENTS, INC.

BD

CRD#: 17868

DENVER, CO

Past

February 11, 2000 - April 24, 2002

CHARLES SCHWAB & CO., INC.

BD

CRD#: 5393

WESTLAKE, TX

Past

August 26, 1998 - January 11, 2000

PRINCIPAL SECURITIES, INC.

BD

CRD#: 1137

DES MOINES, IA

Past

February 6, 1995 - October 15, 1996

LPL FINANCIAL LLC

BD

CRD#: 6413

FORT MILL, SC

Past

October 27, 1992 - October 26, 1994

ROBERT W. BAIRD & CO. INCORPORATED

BD

CRD#: 8158

MILWAUKEE, WI

Past

March 20, 1992 - February 16, 1995

NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC

BD

CRD#: 2881

MILWAUKEE, WI

Past

August 12, 1991 - December 31, 1991

RAYMOND JAMES FINANCIAL SERVICES, INC.

BD

CRD#: 6694

ST. PETERSBURG, FL

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".

CM

CAPITAL MARKETS IQ, LLC

CRD#: 134921 / SEC#: 801-69992

RIA

Registered Investment Advisory firm - (4/3/2009 Approved)

Texas

Registered Investment Advisory firm - (4/3/2009 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.

Visual representation of state registrations

This advisor is not registered in any state.

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: 12/30/1999

Uniform Investment Adviser Law Examination

State Security Law Exam

RR

Series 63

Date: 2/16/1995

Uniform Securities Agent State Law Examination

General Industry/Product Exam

RR

SIE

Date: 12/20/2014

Securities Industry Essentials Examination

General Industry/Product Exam

RR

Series 7

Date: 8/9/1991

General Securities Representative Examination

Current Firm

CM

CAPITAL MARKETS IQ, LLC

CRD#: 134921 / SEC#: 801-69992

RIA

Registered Investment Advisory firm - (4/3/2009 Approved)

Texas

Registered Investment Advisory firm - (4/3/2009 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).

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Contact information

Main Address

Arlington, TX

Mailing Address

2810 N Church St Pmb 52811, Wilmington, DE 19802

Phone number

(310) 882-6380

Established

Firm type

Fiscal year end

# of Employees

26

SEC notice filing (30 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

FIRM BROCHURE MARCH 2025 (3/25/2025)

Regulatory assets under management

Total Number of Accounts	827
AUM (Assets Under Management)	$ 450,873,705

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
10/28/2025	Cover Page	Report
01/28/2025	Cover Page	Report
08/22/2023	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

David R. Burros

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

BURROS WEALTH MANAGEMENT, LLC

PURSHE KAPLAN STERLING INVESTMENTS

U.S. BANCORP INVESTMENTS, INC.

U.S. BANCORP INVESTMENTS, INC.

CHARLES SCHWAB & CO., INC.

PRINCIPAL SECURITIES, INC.

LPL FINANCIAL LLC

ROBERT W. BAIRD & CO. INCORPORATED

NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC

RAYMOND JAMES FINANCIAL SERVICES, INC.

Primary Firm SEC Registration

CAPITAL MARKETS IQ, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 12/30/1999

Series 63

Date: 2/16/1995

SIE

Date: 12/20/2014

Series 7

Date: 8/9/1991

Current Firm

CAPITAL MARKETS IQ, LLC

Contact information

SEC notice filing (30 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

CAPITAL MARKETS IQ, LLC

TRUST BUT VERIFY

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