David R. Nelson

CETERA INVESTMENT ADVISERS LLC

Chico, CA 95926

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CRD#: 2315187

Professional summary

David Richard Nelson, who also goes by David Ricp Richard Nelson, David Richard Nelson, Ricp, is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Chico, California and CETERA WEALTH SERVICES, LLC located in Chico, California.

David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1993. David has worked at 8 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 6 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

David Ricp Richard Nelson | David Richard Nelson, Ricp

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. NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FIXED INSURANCE; START DATE: 04/1994; APX NUMBER OF HOURS PER WEEK: 10; APX NUMBER OF HOURS DURING TRADING HOURS: 4; POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT; BRIEF DESCRIPTION OF DUTIES: SALES OF FIXED INSURANCE PRODUCTS; 2. NAME OF OTHER BUSINESS: OPTIMIZE RETIREMENT GROUP; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FINANCIAL SERVICES; START DATE: 04/2025; POSITION/TITLE/RELATIONSHIP: OWNER; APX NUMBER OF HOURS PER WEEK: 5; APX NUMBER OF HOURS DURING TRADING HOURS: 1; BRIEF DESCRIPTION OF DUTIES: ADVISORS WILL BE RUNNING ALL OF OUR SECURITIES, ADVISORY AND INSURANCE THROUGH THIS DBA;

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Richard Nelson'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

April 23, 2025 - Present

CETERA INVESTMENT ADVISERS LLC

Office #1: 1600 Mangrove Ave Ste 100, Chico, CA 95926

RIA

CRD#: 105644

Chico, CA

Current

April 23, 2025 - Present

CETERA WEALTH SERVICES, LLC

Office #1: 1600 Mangrove Ave Ste 100, Chico, CA 95926

CRD#: 13572

Chico, CA

Past

May 4, 2018 - June 4, 2025

LPL FINANCIAL LLC

RIA

CRD#: 6413

RED BLUFF, CA

Past

October 5, 2004 - June 4, 2025

LPL FINANCIAL LLC

CRD#: 6413

RED BLUFF, CA

Past

October 3, 2002 - October 7, 2004

WAMU INVESTMENTS, INC.

CRD#: 599

IRVINE, CA

Past

June 19, 2002 - October 4, 2002

RAYMOND JAMES FINANCIAL SERVICES, INC.

RIA

CRD#: 6694

CHICO, CA

Past

September 1, 2000 - October 4, 2002

RAYMOND JAMES FINANCIAL SERVICES, INC.

CRD#: 6694

ST. PETERSBURG, FL

Past

December 20, 1996 - September 1, 2000

INVEST FINANCIAL CORPORATION

CRD#: 12984

APPLETON, WI

Past

December 21, 1994 - December 31, 1996

FIRST ASSOCIATED SECURITIES GROUP, INC.

CRD#: 20597

CHICO, CA

Past

February 9, 1993 - December 15, 1994

GREAT WESTERN FINANCIAL SECURITIES CORPORATION

CRD#: 14229

NORTHRIDGE, CA

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".

CETERA INVESTMENT ADVISERS LLC

CRD#: 105644 / SEC#: 801-20406

RIA

Registered Investment Advisory firm - (1/13/1984 Approved)

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

Alabama
(4/23/2025)

Arizona
(4/23/2025)

Arkansas
(5/15/2025)

California
(4/23/2025)

IAR

California
(4/23/2025)

Florida
(4/23/2025)

Idaho
(4/23/2025)

Michigan
(5/15/2025)

Mississippi
(5/15/2025)

Nevada
(4/23/2025)

Ohio
(4/24/2025)

Oklahoma
(7/22/2025)

Oregon
(4/23/2025)

Texas
(4/23/2025)

IAR

Texas
(4/23/2025)

Utah
(4/23/2025)

Washington
(4/23/2025)

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 66

Date: 5/4/2018

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 3/5/1993

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: 6/28/1994

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 2/5/1993

Investment Company Products/Variable Contracts Representative Examination

Principal/Supervisory Exam

Series 24

Date: 2/10/2005

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

CETERA INVESTMENT ADVISERS LLC

CRD#: 105644 / SEC#: 801-20406

RIA

Registered Investment Advisory firm - (1/13/1984 Approved)

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Contact information

Main Address

1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096

Mailing Address

Phone number

(310) 257-7880

Established

Firm type

Fiscal year end

# of Employees

7,705

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	584,487
AUM (Assets Under Management)	$ 163,792,814,520

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
10/27/2025	Cover Page	Report
12/13/2024	Cover Page	Report
09/26/2023	Cover Page	Report
11/18/2022	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.

Contact information

xxxxx@xxxx.xxx

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Advisor Monitoring

Firm Stability Insights

David R. Nelson

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

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

Certified licenses

Experience

CETERA WEALTH SERVICES, LLC

LPL FINANCIAL LLC

LPL FINANCIAL LLC

WAMU INVESTMENTS, INC.

RAYMOND JAMES FINANCIAL SERVICES, INC.

RAYMOND JAMES FINANCIAL SERVICES, INC.

INVEST FINANCIAL CORPORATION

FIRST ASSOCIATED SECURITIES GROUP, INC.

GREAT WESTERN FINANCIAL SECURITIES CORPORATION

Primary Firm SEC Registration

CETERA INVESTMENT ADVISERS LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 5/4/2018

Series 63

Date: 3/5/1993

SIE

Date: 10/1/2018

Series 7

Date: 6/28/1994

Series 6

Date: 2/5/1993

Series 24

Date: 2/10/2005

FINRA

Current Firm

CETERA INVESTMENT ADVISERS LLC

Contact information

SEC notice filing (53 States and Territories)

Documents

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

CETERA INVESTMENT ADVISERS LLC

TRUST BUT VERIFY

Contact information

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