AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why AdvisorCheck

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
DP

Dustin J. Padgett

BIG SIOUX WEALTH MANAGEMENT
Watertown, SD 57201
Some features on this profile are disabled
CRD#: 3084029
DP

Professional summary

Dustin Jay Padgett, AIF®, CFP® is a registered financial advisor currently at BIG SIOUX WEALTH MANAGEMENT located in Watertown, South Dakota and GRADIENT SECURITIES, LLC located in Watertown, South Dakota.

Dustin is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1998. Dustin has worked at 6 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 52, 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.
The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Dustin Jay Padgett'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®
AIF®

Accredited Investment Fiduciary

CFP®

Certified Financial Planner

Start date: 2006

Experience

Current

August 8, 2019 - Present

BIG SIOUX WEALTH MANAGEMENT

Office #1: 1404 4th St. Ne, Watertown, SD 57201
RIA
CRD#: 299593
Watertown, SD
Current

August 7, 2019 - Present

GRADIENT SECURITIES, LLC

Office #1: 1401 4th Street Ne, Watertown, SD 57201Office #2: 608 W 86th Street, Sioux Falls, SD 57108
RIA
BD
CRD#: 127701
Watertown, SD
Past

January 2, 2009 - August 7, 2019

RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC

RIA
CRD#: 149018
WATERTOWN, SD
Past

July 31, 2000 - January 2, 2009

RAYMOND JAMES FINANCIAL SERVICES, INC.

RIA
CRD#: 6694
WATERTOWN, SD
Past

June 15, 2000 - August 7, 2019

RAYMOND JAMES FINANCIAL SERVICES, INC.

BD
CRD#: 6694
WATERTOWN, SD
Past

January 6, 1999 - June 15, 2000

WMA SECURITIES, INC.

BD
CRD#: 32625
DULUTH, GA
Past

July 27, 1998 - January 14, 1999

AMERIPRISE ADVISOR SERVICES, INC.

BD
CRD#: 5979
DETROIT, MI

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".
BS
BIG SIOUX WEALTH MANAGEMENT
BIG SIOUX FINANCIAL, INC. | BIG SIOUX WEALTH MANAGEMENT

CRD#: 299593 / SEC#: 801-118350

RIA
Registered Investment Advisory firm - (3/30/2020 Approved)
Minnesota
Registered Investment Advisory firm - (6/22/2020 Terminated)
South Dakota
Registered Investment Advisory firm - (6/19/2020 Terminated)

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
Arizona
(1/13/2023)
RR
Colorado
(1/7/2022)
RR
Florida
(9/24/2019)
RR
Michigan
(1/7/2022)
RR
Minnesota
(8/7/2019)
RR
Missouri
(12/4/2019)
RR
Montana
(1/7/2022)
RR
South Dakota
(8/7/2019)
IAR
South Dakota
(8/8/2019)
IAR
Texas
(9/25/2020)

Exams

State Security Law Exam
IAR
Series 65
Date: 5/11/2000
Uniform Investment Adviser Law Examination
State Security Law Exam
RR
Series 63
Date: 8/7/1998
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
SIE
Date: 10/1/2018
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 10/15/1998
General Securities Representative Examination
General Industry/Product Exam
RR
Series 52
Date: 7/24/1998
Municipal Securities Representative Examination
Principal/Supervisory Exam
RR
Series 51
Date: 2/20/2007
Municipal Fund Securities Principal Examination
Principal/Supervisory Exam
RR
Series 24
Date: 2/29/2000
General Securities Principal Examination
SRO Registrations
RR
FINRA

Current Firm

BS
BIG SIOUX WEALTH MANAGEMENT
BIG SIOUX FINANCIAL, INC. | BIG SIOUX WEALTH MANAGEMENT

CRD#: 299593 / SEC#: 801-118350

RIA
Registered Investment Advisory firm - (3/30/2020 Approved)
Minnesota
Registered Investment Advisory firm - (6/22/2020 Terminated)
South Dakota
Registered Investment Advisory firm - (6/19/2020 Terminated)
PREMIUM
Stay ahead of every change that matters. Proactive intelligence on your advisors, before issues escalate.
Biweekly Pulse, AutomaticallyScheduled alerts keep you informed without lifting a finger.
Catch Firm Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
Trends, Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address
1401 4th St Ne, Watertown, SD 57201
Mailing Address
Po Box 1027, Watertown, SD 57201
Phone number
(605) 882-4280
Established
Firm type
Fiscal year end
# of Employees
6

SEC notice filing (7 States and Territories)

Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

ADV 2A & 2B SEC (2/18/2025)

Regulatory assets under management

Total Number of Accounts2,036
AUM (Assets Under Management)$ 200,749,508

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.

Company Information

BIG SIOUX WEALTH MANAGEMENT

CRD#: 299593Watertown, SD 57201

TRUST BUT VERIFY

Monitor Dustin Padgett

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

JM
James MagyariAdvisorCheck Check Mark
COMMONWEALTH FINANCIAL NETWORK
IAR
RR
Solon, OH
LB
Lawrence BirchAdvisorCheck Check Mark
NYLIFE SECURITIES LLC
RR
Cherry Hill, NJ
Alexander Winslow Kimmel
Alexander KimmelAdvisorCheck Check Mark
CHARLES SCHWAB & CO., INC.
PR
LONE TREE, CO
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
Help Center
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.© 2026 AdvisorCheck, an AIMR Analytics company. All rights reserved.