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David Michael Clark

CFP®
DMC WEALTH MANAGEMENT
BIRMINGHAM, AL
·CRD# 2808694·29 years experience

Professional Summary

David Michael Clark, CFP® is a registered financial advisor currently at DMC WEALTH MANAGEMENT, LLC located in Birmingham, Alabama. David is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1996. David has worked at 5 firms and has passed the Series 65, Series 63, SIE and Series 7 exams.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

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Videos & Posts

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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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 Planner

Years of Experience

29 years in the financial services industry

Current & Past Employments

DMC WEALTH MANAGEMENT, LLC·CRD# 299804
RIA
2101 Highland Avenue South Suite 650, Birmingham, AL 35205-4022
March 8, 2019 - Present
BRIDGEWORTH WEALTH MANAGEMENT·CRD# 164100
RIA
Birmingham, AL
August 15, 2012 - March 8, 2019
LPL FINANCIAL LLC·CRD# 6413
BD
Birmingham, AL
August 9, 2012 - September 28, 2018
OSAIC FA, INC.·CRD# 3978
RIA
Birmingham, AL
December 14, 2010 - August 10, 2012
OSAIC FA, INC.·CRD# 3978
BD
Birmingham, AL
December 14, 2010 - August 10, 2012
MORGAN KEEGAN & COMPANY, LLC·CRD# 4161
RIA
Birmingham, AL
September 20, 1999 - December 15, 2010
MORGAN KEEGAN & COMPANY, LLC·CRD# 4161
BD
Birmingham, AL
December 18, 1996 - December 15, 2010

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Current Firm

DW
DMC WEALTH MANAGEMENT, LLC

DAVID M. CLARK WEALTH MANAGEMENT, LLC | HIGHLAND 220, LLC | DMC WEALTH MANAGEMENT, LLC | DMC WEALTH MANAGEMENT

CRD#: 299804
Alabama
Registered Investment Advisory firm - Alabama (3/8/2019 Approved)

Contact Information

Main Address

2101 Highland Avenue South Suite 220, Birmingham, AL 35205

Phone Number

(205) 431-3500

# of Employees

1

Documents

Latest Form ADV

Regulatory Assets Under Management

Total Number of Accounts

150

AUM (Assets Under Management)

$65,877,422

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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.

Mr. Clark is licensed as an independent insurance agent. TCME Management, Inc. - S Corporation, 37 Ridge Drive, Birmingham, AL 35213 Equal 1/3 ownership with siblings, Less than 2 hours per month, none during trading hours, Family entity, established December 6, 1997, Ownership transferred from parents to siblings on May 14, 2018; Thomas C Clark Jr. Grantor Trust - Irrevocable Trust, 37 Ridge Drive, Birmingham, AL 35213, Co-trustee with siblings, Equal beneficial interest with siblings, Less than 2 hours per month, none during trading hours Family entity, established December 29, 1997, Trustee changed from Mary Ellen Clark to siblings on May 24, 2016; Mary Ellen Clark Grantor Trust - Irrevocable Trust, 37 Ridge Drive, Birmingham, AL 35213, Co-trustee with siblings, Grandchildren are beneficiaries, Less than 2 hours per month, none during trading hours Family entity, established December 29, 1997, Trustee changed from Thomas C Clark Jr to siblings on February 21, 2019; CL Concord, LLC - Partnership, 37 Ridge Drive, Birmingham, AL 35213 Equal 1/4 ownership with siblings and father's estate, Passive investment in real estate, Less than 1 hour per month, none during trading hours, Family entity, established January 25, 2016; Ligon Capital, LLC - Partnership, 1927 1st Avenue North, Birmingham, AL 35203, Own 1 unit out of 221 units (less than 0.5%), Passive investment in private firm that acquires and manages manufacturing companies, Less than 1 hour per month, none during trading hours, Close family friend (not a client), Entity established March 26, 2006

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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.
IAR
Alabama
(3/8/2019)

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

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Dec 1999About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Dec 1996About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Sep 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Dec 1996About the Series 7 exam

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CRS (Client Relationship Summary) - RIA

Click below to view David Michael Clark's CRS (Customer Relationship Summary).

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