David B. Richards

GENERATIONAL WEALTH ADVISORS

FRISCO, TX

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CRD#: 2462119

Professional summary

David Bruce Richards, who also goes by Dave Richards, is a registered financial advisor currently at GENERATIONAL WEALTH ADVISORS located in Frisco, Texas.

David is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1994. David has worked at 12 firms and has passed the Series 65, Series 63, Series 7 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Dave Richards

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)SMART MOTION, 5210 LAGO VISTA LN, FRISCO, TX 75034. BEGAN 12/2008 OWNER OF AIRCRAFT CONSULTING BUSINESS. NOT INVESTMENT RELATED. DEVOTES 25 HRS/WK. 2)AMERICAN AIRLINES, 4333 AMON CARTER BLVD, FORT WORTH, TX 76155. BEGAN 7/2017 AS CAPTAIN. NOT INVESTMENT RELATED. DEVOTES 80 HRS/MO.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Bruce Richards's CRS (Customer Relationship Summary).

CHERRY BEKAERT WEALTH MANAGEMENT LLC

RIA

CRD#: 108504

CHARLOTTE, NC

Past

March 3, 2004 - March 10, 2004

CHERRY BEKAERT WEALTH MANAGEMENT LLC

RIA

CRD#: 108504

CHARLOTTE, NC

Past

July 28, 2003 - February 10, 2004

ERNST & YOUNG INVESTMENT ADVISERS LLP

RIA

CRD#: 110921

CHARLOTTE, NC

Past

October 29, 2002 - July 11, 2003

CETERA INVESTMENT ADVISERS LLC

RIA

CRD#: 105644

CHARLOTTE, NC

Past

September 27, 2002 - November 18, 2004

CETERA FINANCIAL SPECIALISTS LLC

CRD#: 10358

SCHAUMBURG, IL

Past

May 6, 2002 - May 6, 2002

CAPITAL PLANNING GROUP

RIA

CRD#: 120031

CHARLOTTE, NC

Past

April 3, 2002 - September 30, 2002

TRIAD ADVISORS LLC

CRD#: 25803

ATLANTA, GA

Past

September 27, 1994 - February 27, 2002

RAYMOND JAMES FINANCIAL SERVICES, INC.

CRD#: 6694

ST. PETERSBURG, FL

Past

March 15, 1994 - October 5, 1994

ROBERT THOMAS SECURITIES, INC

CRD#: 10147

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".

GENERATIONAL WEALTH ADVISORS

GENERATIONAL WEALTH ADVISORS | TALIS ADVISORY SERVICES, LLC

CRD#: 135145 / SEC#: 801-67609

RIA

Registered Investment Advisory firm - (3/2/2007 Approved)

California

Registered Investment Advisory firm - (3/5/2007 Terminated)

Louisiana

Registered Investment Advisory firm - (3/8/2007 Terminated)

Texas

Registered Investment Advisory firm - (3/8/2007 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

Texas
(6/9/2015)

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: 7/12/1999

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 3/22/1994

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 3/14/1994

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 7/11/2002

General Securities Principal Examination

Current Firm

GENERATIONAL WEALTH ADVISORS

GENERATIONAL WEALTH ADVISORS | TALIS ADVISORY SERVICES, LLC

CRD#: 135145 / SEC#: 801-67609

RIA

Registered Investment Advisory firm - (3/2/2007 Approved)

California

Registered Investment Advisory firm - (3/5/2007 Terminated)

Louisiana

Registered Investment Advisory firm - (3/8/2007 Terminated)

Texas

Registered Investment Advisory firm - (3/8/2007 Terminated)

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Contact information

Main Address

3400 North Central Expressway Suite 100, Richardson, TX 75080

Mailing Address

Phone number

(972) 378-1795

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (9 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

GENERATIONAL WEALTH ADVISORS FORM ADV PART 2A (10/14/2025)

Regulatory assets under management

Total Number of Accounts	576
AUM (Assets Under Management)	$ 392,535,549

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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David B. Richards

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Bruce Richards's CRS (Customer Relationship Summary).

Certified licenses

Experience

INDEX FUND ADVISORS, INC.

CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.

CAMBRIDGE INVESTMENT RESEARCH, INC.

CHERRY BEKAERT WEALTH MANAGEMENT LLC

CHERRY BEKAERT WEALTH MANAGEMENT LLC

ERNST & YOUNG INVESTMENT ADVISERS LLP

CETERA INVESTMENT ADVISERS LLC

CETERA FINANCIAL SPECIALISTS LLC

CAPITAL PLANNING GROUP

TRIAD ADVISORS LLC

RAYMOND JAMES FINANCIAL SERVICES, INC.

ROBERT THOMAS SECURITIES, INC

Primary Firm SEC Registration

GENERATIONAL WEALTH ADVISORS

State Registrations and Notice Filings

Exams

Series 65

Date: 7/12/1999

Series 63

Date: 3/22/1994

Series 7

Date: 3/14/1994

Series 24

Date: 7/11/2002

Current Firm

GENERATIONAL WEALTH ADVISORS

Contact information

SEC notice filing (9 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

GENERATIONAL WEALTH ADVISORS

TRUST BUT VERIFY

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