David R. Lamb

CHELSEA ADVISORY SERVICES

Statham, GA

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CRD#: 2228764

Professional summary

David Russell Lamb, who also goes by Rusty Lamb, is a registered financial advisor currently at CHELSEA ADVISORY SERVICES, INC located in Statham, Georgia and CHELSEA FINANCIAL SERVICES located in Staten Island, New York.

David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1992. David has worked at 12 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 6, Series 51, Series 24 and Series 26 exams.

Aliases

Rusty Lamb

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 Russell Lamb'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®

None

Experience

Current

August 14, 2026 - Present

CHELSEA ADVISORY SERVICES, INC

RIA

CRD#: 150791

Statham, GA

Current

January 13, 2016 - Present

CHELSEA FINANCIAL SERVICES

Office #1: 242 Main Street, Staten Island, NY 10307

CRD#: 47770

STATEN ISLAND, NY

Past

May 4, 2016 - January 23, 2018

CHELSEA ADVISORY SERVICES, INC

RIA

CRD#: 150791

Conyers, GA

Past

February 11, 2011 - December 2, 2015

MONTICELLO INVESTMENT SERVICES, INC.

RIA

CRD#: 140851

NEOSHO, MO

Past

December 21, 2010 - October 27, 2015

MIDAMERICA FINANCIAL SERVICES, INC.

CRD#: 47351

JOPLIN, MO

Past

February 1, 2010 - December 31, 2010

PEACHTREE PLANNING ADVISORS, INC.

RIA

CRD#: 112787

ATLANTA, GA

Past

August 7, 2009 - October 22, 2010

PARK AVENUE SECURITIES LLC

RIA

CRD#: 46173

ATLANTA, GA

Past

July 22, 2009 - October 22, 2010

PARK AVENUE SECURITIES LLC

CRD#: 46173

ATLANTA, GA

Past

May 28, 2008 - July 7, 2009

LOCKTON INVESTMENT ADVISORS, LLC

RIA

CRD#: 144133

ATLANTA, GA

Past

May 9, 2008 - July 7, 2009

LOCKTON INVESTMENT SECURITIES, LLC

CRD#: 137476

ATLANTA, GA

Past

September 13, 2004 - April 15, 2008

NEW YORK LIFE INVESTMENT MANAGEMENT LLC

RIA

CRD#: 109591

PARSIPPANY, NJ

Past

September 13, 2004 - April 15, 2008

NYLIFE DISTRIBUTORS LLC

CRD#: 35350

JERSEY CITY, NJ

Past

June 29, 1999 - September 10, 2004

VALIC FINANCIAL ADVISORS, INC.

RIA

CRD#: 42803

ATLANTA, GA

Past

February 4, 1998 - September 10, 2004

VALIC FINANCIAL ADVISORS, INC.

CRD#: 42803

HOUSTON, TX

Past

April 24, 1992 - December 31, 2001

THE VARIABLE ANNUITY MARKETING COMPANY

CRD#: 5081

HOUSTON, TX

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".

CHELSEA ADVISORY SERVICES, INC

CRD#: 150791 / SEC#: 801-112349

RIA

Registered Investment Advisory firm - (1/19/2018 Approved)

California

Registered Investment Advisory firm - (2/23/2018 Terminated)

Connecticut

Registered Investment Advisory firm - (1/25/2018 Terminated)

Georgia

Registered Investment Advisory firm - (3/29/2018 Terminated)

Nevada

Registered Investment Advisory firm - (2/28/2018 Terminated)

New Jersey

Registered Investment Advisory firm - (2/6/2018 Terminated)

New York

Registered Investment Advisory firm - (1/24/2018 Terminated)

Pennsylvania

Registered Investment Advisory firm - (1/25/2018 Terminated)

South Carolina

Registered Investment Advisory firm - (1/24/2018 Terminated)

Texas

Registered Investment Advisory firm - (1/24/2018 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.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Georgia
(1/13/2016)

IAR

Georgia
(8/19/2026)

IAR

South Carolina
(8/14/2026)

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

State Security Law Exam

IAR

Series 65

Date: 8/14/2026

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 12/9/1997

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 11/22/1999

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 4/10/1992

Investment Company Products/Variable Contracts Representative Examination

Principal/Supervisory Exam

Series 51

Date: 2/10/2003

Municipal Fund Securities Principal Examination

Principal/Supervisory Exam

Series 24

Date: 1/26/2000

General Securities Principal Examination

Principal/Supervisory Exam

Series 26

Date: 8/17/1995

Investment Company Products/Variable Contracts Principal Examination

SRO Registrations

FINRA

Current Firm

CHELSEA ADVISORY SERVICES, INC

CRD#: 150791 / SEC#: 801-112349

RIA

Registered Investment Advisory firm - (1/19/2018 Approved)

California

Registered Investment Advisory firm - (2/23/2018 Terminated)

Connecticut

Registered Investment Advisory firm - (1/25/2018 Terminated)

Georgia

Registered Investment Advisory firm - (3/29/2018 Terminated)

Nevada

Registered Investment Advisory firm - (2/28/2018 Terminated)

New Jersey

Registered Investment Advisory firm - (2/6/2018 Terminated)

New York

Registered Investment Advisory firm - (1/24/2018 Terminated)

Pennsylvania

Registered Investment Advisory firm - (1/25/2018 Terminated)

South Carolina

Registered Investment Advisory firm - (1/24/2018 Terminated)

Texas

Registered Investment Advisory firm - (1/24/2018 Terminated)

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Contact information

Main Address

242 Main Street, Staten Island, NY 10307

Mailing Address

Phone number

(718) 967-8400

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (17 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

CHELSEA ADVISORY ADV 2A - FEBRUARY 2026 (2/18/2026)

Regulatory assets under management

Total Number of Accounts	547
AUM (Assets Under Management)	$ 147,350,970

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. Lamb

Professional summary

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Russell Lamb's CRS (Customer Relationship Summary).

Certified licenses

Experience

CHELSEA FINANCIAL SERVICES

CHELSEA ADVISORY SERVICES, INC

MONTICELLO INVESTMENT SERVICES, INC.

MIDAMERICA FINANCIAL SERVICES, INC.

PEACHTREE PLANNING ADVISORS, INC.

PARK AVENUE SECURITIES LLC

PARK AVENUE SECURITIES LLC

LOCKTON INVESTMENT ADVISORS, LLC

LOCKTON INVESTMENT SECURITIES, LLC

NEW YORK LIFE INVESTMENT MANAGEMENT LLC

NYLIFE DISTRIBUTORS LLC

VALIC FINANCIAL ADVISORS, INC.

VALIC FINANCIAL ADVISORS, INC.

THE VARIABLE ANNUITY MARKETING COMPANY

Primary Firm SEC Registration

CHELSEA ADVISORY SERVICES, INC

State Registrations and Notice Filings

Exams

Series 65

Date: 8/14/2026

Series 63

Date: 12/9/1997

SIE

Date: 10/1/2018

Series 7

Date: 11/22/1999

Series 6

Date: 4/10/1992

Series 51

Date: 2/10/2003

Series 24

Date: 1/26/2000

Series 26

Date: 8/17/1995

FINRA

Current Firm

CHELSEA ADVISORY SERVICES, INC

Contact information

SEC notice filing (17 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

CHELSEA ADVISORY SERVICES, INC

TRUST BUT VERIFY

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