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David Scott Nystrom

THURSTON SPRINGER ADVISORS
Richmond, VA
·CRD# 3127626·26 years registered

Professional Summary

David Scott Nystrom, who also goes by Scott Nystrom, is a registered financial advisor currently at THURSTON SPRINGER ADVISORS located in Richmond, Virginia and THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. located in Richmond, Virginia. David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2000. David has worked at 5 firms and has passed the Series 65, Series 63, SIE and Series 7 exams.

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Scott Nystrom

Blog Corner

More Resources

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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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Years of Experience

26 years registered in the securities industry

Current & Past Employments

Current

THURSTON SPRINGER ADVISORSCurrent·CRD# 299201
RIA
4211 Dover Road 2nd Floor, Richmond, VA 23221
November 28, 2025 - Present
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC.Current·CRD# 8478
BD
4211 Dover Road, Richmond, VA 23221
November 28, 2025 - Present

Past

WELLS FARGO ADVISORS FINANCIAL NETWORK, LLCPast·CRD# 11025
RIA
Richmond, VA
April 18, 2008 - January 8, 2026
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLCPast·CRD# 11025
BD
Richmond, VA
April 18, 2008 - January 8, 2026
BURGESS PARTNERS, LLCPast·CRD# 163965
RIA
Richmond, VA
February 21, 2013 - June 30, 2014
WELLS FARGO CLEARING SERVICES, LLCPast·CRD# 19616
RIA
Richmond, VA
September 14, 2000 - April 18, 2008
WELLS FARGO CLEARING SERVICES, LLCPast·CRD# 19616
BD
Richmond, VA
February 9, 2000 - April 18, 2008

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Current Firm

TS
THURSTON SPRINGER ADVISORS

ADAMS COUNTY FINANCIAL RESOURCES | WESLEY BATES WEALTH MANAGEMENT | WALKER INVESTMENTS | VANTAGE WEALTH MANAGEMENT | TRINITY CAPITAL MANAGEMENT | THURSTON SPRINGER RETIREMENT SERVICES | THURSTON SPRINGER FINANCIAL | THURSTON SPRINGER ADVISORS, LLC | THURSTON SPRINGER ADVISORS | THORSON TAX & FINANCIAL | THE PATZER GROUP WEALTH MANAGEMENT | THE BARTHEL AGENCY | THE BALDASSARI GROUP | TARGETED RETIREMENT STRATEGIES | T.S. PHILLIPS INVESTMENTS | SPRAWLS FINANCIAL | SMITH WEALTH | RETIREMENT AND ESTATE PLANNING SERVICES | PRINCIPIA PRIVATE WEALTH | ONTRACK CAPITAL MANAGEMENT | NORTH STAR FINANCIAL | MORAN WEALTH MANAGEMENT | LAVELLE FINANCIAL | LANDMARK FINANCIAL SERVICES | JOHN KERR FINANCIAL | JKS INVESTMENT GROUP | J. SIMON & COMPANY | INVESTMENT STRATEGIES | INTEGRITY WEALTH SOLUTIONS | HOLCOMB WEALTH MANAGEMENT | HNS ADVISORS | G & M INVESTMENT GROUP | FRATARCANGELI WEALTH MANAGEMENT | ELIAS FINANCIAL NETWORK LLC | DAMER WEALTH MANAGEMENT | CONSERVATION WEALTH MANAGEMENT | COHEN CAPITAL MANAGEMENT GROUP | CHIDDISTER FINANCIAL ASSOCIATES | CERULEAN CAPITAL MANAGEMENT, LLC | BUCHANAN WEALTH MANAGEMENT OF TRINITY CAPITAL MANAGEMENT | BCT FINANCIAL | BADDERS & MOORE WEALTH MANAGEMENT OF TRINITY CAPITAL | ASCEND WEALTH | AP CAPITAL MANAGEMENT | ANN A. MOORE FINANCIAL MANAGEMENT | AMERICAN PENSION ADVISORS | ALPHA POINTE CAPITAL

CRD#: 299201 / SEC#: 801-114256
RIA
Registered Investment Advisory firm - SEC (11/2/2018 Approved)

Contact Information

Main Address

9000 Keystone Crossing Suite 700, Indianapolis, IN 46240

Phone Number

(317) 581-4000

# of Employees

100

SEC notice filing (41 States and Territories)

Registered to provide investment advisory services in 41 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

TSA_PART 2A_(9.25.26) (10/5/2026)

Regulatory Assets Under Management

Total Number of Accounts

9,751

AUM (Assets Under Management)

$6,008,300,727

Accountant Surprise Examination Report

Filing DateForm ADV-E CoverForm ADV-E Report
05/21/2025Cover PageReport
02/28/2024Cover PageReport

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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) WINDSOR WAY LLC, INV RELATED, RICHMOND, VA, 22% OWNER, START: 4/2008, 160 HRS PER MONTH, 8 HOURS DURING TRADING, FOR FINET PRACTICE. 2) CO-TRUSTEE FOR WINDSOR WAY 401K, INV RELATED, RICHMOND, VA, START 4/01/2008, 40 HRS/MONTH, 8 HRS DURING TRADING, FINET PRACTICE 401K. 3) LONGWOOD UNIVERSITY TRUST, INVT RELATED, FARMVILLE, VA, TREASURER, START DATE 4/28/2015, 1 HR PER MONTH, 1 HR DURING TRADING, TREASURY DUTIES 4) DBA HNS Advisors 5) BROOKFIELD FOUNDATION; NON-PROFIT BOARD MEMBERSHIP; NON INV RELATED; ATTEND QUARTERLY BOARD MEETINGS; 0 HOURS DURING TRADING.

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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".
TS
THURSTON SPRINGER ADVISORS

ADAMS COUNTY FINANCIAL RESOURCES | WESLEY BATES WEALTH MANAGEMENT | WALKER INVESTMENTS | VANTAGE WEALTH MANAGEMENT | TRINITY CAPITAL MANAGEMENT | THURSTON SPRINGER RETIREMENT SERVICES | THURSTON SPRINGER FINANCIAL | THURSTON SPRINGER ADVISORS, LLC | THURSTON SPRINGER ADVISORS | THORSON TAX & FINANCIAL | THE PATZER GROUP WEALTH MANAGEMENT | THE BARTHEL AGENCY | THE BALDASSARI GROUP | TARGETED RETIREMENT STRATEGIES | T.S. PHILLIPS INVESTMENTS | SPRAWLS FINANCIAL | SMITH WEALTH | RETIREMENT AND ESTATE PLANNING SERVICES | PRINCIPIA PRIVATE WEALTH | ONTRACK CAPITAL MANAGEMENT | NORTH STAR FINANCIAL | MORAN WEALTH MANAGEMENT | LAVELLE FINANCIAL | LANDMARK FINANCIAL SERVICES | JOHN KERR FINANCIAL | JKS INVESTMENT GROUP | J. SIMON & COMPANY | INVESTMENT STRATEGIES | INTEGRITY WEALTH SOLUTIONS | HOLCOMB WEALTH MANAGEMENT | HNS ADVISORS | G & M INVESTMENT GROUP | FRATARCANGELI WEALTH MANAGEMENT | ELIAS FINANCIAL NETWORK LLC | DAMER WEALTH MANAGEMENT | CONSERVATION WEALTH MANAGEMENT | COHEN CAPITAL MANAGEMENT GROUP | CHIDDISTER FINANCIAL ASSOCIATES | CERULEAN CAPITAL MANAGEMENT, LLC | BUCHANAN WEALTH MANAGEMENT OF TRINITY CAPITAL MANAGEMENT | BCT FINANCIAL | BADDERS & MOORE WEALTH MANAGEMENT OF TRINITY CAPITAL | ASCEND WEALTH | AP CAPITAL MANAGEMENT | ANN A. MOORE FINANCIAL MANAGEMENT | AMERICAN PENSION ADVISORS | ALPHA POINTE CAPITAL

CRD#: 299201 / SEC#: 801-114256
RIA
Registered Investment Advisory firm - SEC (11/2/2018 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.
RR
indicates the advisor is registered as a Registered Representative in this state, allowing securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
Alabama
(12/15/2025)
RR
California
(11/28/2025)
RR
Colorado
(11/28/2025)
RR
Connecticut
(11/28/2025)
RR
District of Columbia
(11/28/2025)
RR
Florida
(11/28/2025)
RR
Georgia
(11/28/2025)
RR
Maryland
(11/28/2025)
RR
Massachusetts
(11/28/2025)
RR
Michigan
(11/28/2025)
RR
Missouri
(11/28/2025)
RR
Montana
(11/28/2025)
RR
New Jersey
(11/28/2025)
RR
New York
(11/28/2025)
RR
North Carolina
(11/28/2025)
RR
Pennsylvania
(11/28/2025)
RR
South Carolina
(11/28/2025)
RR
Tennessee
(11/28/2025)
RR
Texas
(11/28/2025)
IAR
Texas
(11/28/2025)
RR
Virginia
(11/28/2025)
IAR
Virginia
(11/28/2025)
RR
Washington
(11/28/2025)

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

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 Jun 2000About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Feb 2000About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Feb 2000About the Series 7 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view David Scott Nystrom's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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