DM
David W. Mcmahan
ADVISORSTRUST PARTNERS LLC
Belmont, NC 28012
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CRD#: 3078266
DM
Professional summary
David Watts Mcmahan is a registered financial advisor currently at ADVISORSTRUST PARTNERS LLC located in Belmont, North Carolina and PROSPERA FINANCIAL SERVICES, INC. located in Belmont, North Carolina.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1999. David has worked at 5 firms and has passed the Series 65, Series 63, SIE, Series 31, Series 7, Series 51 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
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.
BFM CAPITAL, LLC; I NVESTMENT-RELATED - YES INVOLVING REAL ESTATE; 1209 EAST GARRISON BLVD., GASTONIA, NC; MEMBER OF THE LLC; 10/2004; 2 HOURS PER MONTH; 0 DURING TRADING HOURS; BUILDING OWNER. HV3 FOUNDATION; INVESTMENT RELATED - NO; 160 CONE CIRCLE, SOUTHERN PINES, NC 28387; BOARD MEMEBER; 03/2021; 1 HOUR PER MONTH; 0 DURING TRADING HOURS; BOARD MEMENER VOLUNTEER FOR NON-PROFIT. INSURANCE AGENT; INVESTMENT RELATED - NO; 420 PARK ST., SUITE 100, BELMONT, NC 28012; INSURANCE AGENT THROUGH PINNACLE; 01/2016; 4 HOURS PER MONTH; 4 DURING TRADING HOURS; INSURANCE RELATED BUISNESS. ADVISORTRUST PARTNERS, LLC; INVESTMENT RELATED - YES; 8601 SIX FORKS ROAD, SUITE 400, RALEIGH, NORTH CAROLINA 27615; FINANCIAL ADVISOR; REGISTERED INVESTMENT ADVISER; 08/2025; 120 HOURS PER MONTH; 120 DURING TRADING HOURS; PROVIDING INVESTMENT ADVISORY SERVICES
CRS (Client Relationship Summary) - RIA
Click below to view David Watts Mcmahan's 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®
NoneExperience
Current
August 15, 2025 - Present
ADVISORSTRUST PARTNERS LLC
Office #1: 420 Park Street Suite 100, Belmont, NC 28012RIA
CRD#: 304967
Belmont, NC
Current
January 11, 2016 - Present
PROSPERA FINANCIAL SERVICES, INC.
Office #1: 420 Park St Suite 100, Belmont, NC 28012RIA
BD
CRD#: 10740
Belmont, NC
Past
January 11, 2016 - August 12, 2025
PROSPERA FINANCIAL SERVICES, INC.
RIA
CRD#: 10740
Loudon, TN
Past
April 2, 2007 - January 12, 2016
CAPITAL GUARDIAN WEALTH MANAGEMENT, LLC
RIA
CRD#: 131631
GASTONIA, NC
Past
April 6, 2006 - January 12, 2016
CAPITAL GUARDIAN, LLC
BD
CRD#: 137919
CHARLOTTE, NC
Past
December 31, 2001 - June 1, 2006
RAYMOND JAMES FINANCIAL SERVICES, INC.
RIA
CRD#: 6694
CHARLOTTE, NC
Past
June 18, 1999 - June 1, 2006
RAYMOND JAMES FINANCIAL SERVICES, INC.
BD
CRD#: 6694
CHARLOTTE, NC
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".
AP
ADVISORSTRUST PARTNERS LLC
ADVISORSTRUST PARTNERS LLC | MCMAHAN FINANCIAL, LLC | JAMES FINANCIAL ADVISORS | ADVISORTRUST PARTNERS, LLC
CRD#: 304967 / SEC#: 801-134387
RIA
Registered Investment Advisory firm - (9/25/2025 Approved)North Carolina
Registered Investment Advisory firm - (7/23/2025 Approved)Texas
Registered Investment Advisory firm - (3/18/2021 Conditional Restricted)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.RR
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
RR
Alabama(9/26/2024)
RR
Arizona(1/27/2016)
RR
California(1/4/2017)
RR
Colorado(10/26/2022)
RR
Florida(1/19/2016)
RR
Georgia(1/21/2016)
RR
Illinois(8/30/2017)
RR
Michigan(1/11/2016)
RR
New Jersey(1/11/2016)
RR
New York(11/9/2021)
RR
North Carolina(5/12/2021)
IAR
North Carolina(8/15/2025)
RR
Ohio(1/20/2023)
RR
Pennsylvania(4/26/2018)
RR
Rhode Island(1/4/2021)
RR
South Carolina(1/11/2016)
RR
Tennessee(1/11/2016)
RR
Texas(1/19/2016)
RR
Virginia(1/11/2016)
RR
West Virginia(7/9/2021)
RR
Wisconsin(1/11/2016)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
AP
ADVISORSTRUST PARTNERS LLC
ADVISORSTRUST PARTNERS LLC | MCMAHAN FINANCIAL, LLC | JAMES FINANCIAL ADVISORS | ADVISORTRUST PARTNERS, LLC
CRD#: 304967 / SEC#: 801-134387
RIA
Registered Investment Advisory firm - (9/25/2025 Approved)North Carolina
Registered Investment Advisory firm - (7/23/2025 Approved)Texas
Registered Investment Advisory firm - (3/18/2021 Conditional Restricted)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
8601 Six Forks Road Suite 400, Raleigh, NC 27615
Mailing Address
Phone number
(919) 607-4183
Established
Firm type
Fiscal year end
# of Employees
5
SEC notice filing (2 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 85 |
| AUM (Assets Under Management) | $ 216,808,454 |
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.
