Shawndi L. Purselley
CWM
Cleburne, TX 76033
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CRD#: 3147749
Professional summary
Shawndi Lynn Purselley, CFP®, who also goes by Shawndi Lynn Baker, Shawndi Lynn Davenport, Shawndi Lynn Hatfield, is a registered financial advisor currently at CWM, LLC located in Cleburne, Texas and CETERA INVESTMENT ADVISERS LLC located in Bedford, Texas.
Shawndi is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1999. Shawndi has worked at 7 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 6 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Shawndi Lynn Baker | Shawndi Lynn Davenport | Shawndi Lynn Hatfield
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) NAME OF BUSINESS: CWM, LLC DBA CARSON GROUP PARTNERS INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: SEC REGISTERED INVESTMENT ADVISORY FIRM THAT PROVIDES PORTFOLIO MANAGEMENT, FINANCIAL PLANNING, ESTATE PLANNING, AND ADDITIONAL ADVISORY SERVICES. POSITION/TITLE/RELATIONSHIP: INVESTMENT ADVISORY REPRESENTATIVE START DATE: 09/2018 APX # HRS PER WEEK: 40 APX # HRS DURING TRADING HOURS: 32.5 DESCRIPTION OF DUTIES: INVESTMENT ADVISORY REPRESENTATIVE (2) NAME OF BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: FIXED INSURANCE START DATE: 09/2018 APX # HRS PER WEEK: VARIES APX # HRS DURING TRADING HOURS: VARIES POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT DESCRIPTION OF DUTIES: SELLS LIFE AND LONG TERM CARE (3) NAME OF BUSINESS: 08 HOLDINGS, LLC INVESTMENT RELATED: NO ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: COMMERCIAL BUILDING OWNERSHIP START DATE: 12/2017 POSITION/TITLE/RELATIONSHIP: OWNER APX # HRS PER WEEK: 3 DESCRIPTION OF DUTIES: OWNER / PARTNER (4) NAME OF BUSINESS: PURSELLEY PROPERTIES, LLC INVESTMENT RELATED: NO ADDRESS: 4640 FM 1187 BURLESON, TX 76028 NATURE OF BUSINESS: REAL ESTATE OWNERSHIP AND RENTAL PROPERTY START DATE: 2010 POSITION/TITLE/RELATIONSHIP: PARTNER APX # HRS PER WEEK: 5 APX # HRS DURING TRADING HOURS: 5 DESCRIPTION OF DUTIES: OWNER / PARTNER (5) NAME OF OTHER BUSINESS: ARMSTRONG PURSELLEY WEALTH MANAGEMENT GROUP, LLC ; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FINANCIAL SERVICES; START DATE: 06/2023; POSITION/TITLE/RELATIONSHIP: FINANCIAL PROFESSIONAL; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 32.5; BRIEF DESCRIPTION OF DUTIES: DBA FOR FINANCIAL SERVICES; (6) NAME OF BUSINESS: ARMSTRONG PURSELLEY HOLDING, LLC INVESTMENT RELATED: NO ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: HOLDING COMPANY START DATE: 03/2019 POSITION/TITLE/RELATIONSHIP: PARTNER LESS THAN ONE HOUR PER WEEK, NOT DURING TRADING HOURS DESCRIPTION OF DUTIES: HOLDING COMPANY FOR OTHER OWNED ORGANIZATION ; (7) NAME OF BUSINESS: APM TAX SERVICES LLC ; INVESTMENT RELATED: NO ; ADDRESS: SAME AS REGISTERED LOCATION ; NATURE OF BUSINESS: ACCOUNTING AND TAX PREPARATION SERVICES ; START DATE: 12/2020 POSITION/TITLE/RELATIONSHIP: OWNER / PARTNER ; APX #OFHOURS PER WEEK: 5-10 ; DURING TRADING HOURS: 5-10 ; DESCRIPTION OF DUTIES: ACCOUNTING AND TAX PREPARATION SERVICES ; (8) NAME OF OTHER BUSINESS: CWM, LLC DBA CARSON WEALTH MANAGEMENT ; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FINANCIAL SERVICES; START DATE: 06/2023; POSITION/TITLE/RELATIONSHIP: FINANCIAL PROFESSIONAL; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 32.5; BRIEF DESCRIPTION OF DUTIES: DBA FOR FINANCIAL SERVICES; (9) NAME OF OTHER BUSINESS: LADY PURSE ENTERPRISE, LLC; INVESTMENT RELATED: NO; ADDRESS: 1601 CR 602 BURLESON, TX 76028; NATURE OF BUSINESS: REAL ESTATE ; START DATE: 01/2025; POSITION/TITLE/RELATIONSHIP: OWNER; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: 0; BRIEF DESCRIPTION OF DUTIES: OWNER OF RAW COMMERCIAL LAND; (10) NAME OF OTHER BUSINESS: HAUTIE OUT WEST, INVESTMENT RELATED: NO, ADDRESS: SAME AS RESIDENTIAL LOCATION, NATURE OF BUSINESS: ONLINE BOUTIQUE, START DATE: 09/2025, POSITION/TITLE/RELATIONSHIP: OWNER, APX NUMBER OF HOURS PER WEEK: 20, NOT DURING TRADING HOURS, BRIEF DESCRIPTION OF DUTIES: BUY AND SELL WOMEN'S CLOTHING;
CRS (Client Relationship Summary) - RIA
Click below to view Shawndi Lynn Purselley'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®
CFP®
Start date: 2005
Experience
Current
September 4, 2018 - Present
CWM, LLC
Office #1: 131 S. Westmeadow Drive, Suite 200, Cleburne, TX 76033Office #2: 4640 E. Fm 1187, Burleson, TX 76028Office #3: 601 State Street, Ste. 425, Southlake, TX 76092RIA
CRD#: 155344
Cleburne, TX
Current
June 29, 2023 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 2324 Cheek Sparger Rd, Bedford, TX 76021Office #2: 131 S Westmeadow Dr Ste 100, Cleburne, TX 76033RIA
CRD#: 105644
BEDFORD, TX
Current
September 4, 2018 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 131 S Westmeadow Dr Ste 100, Cleburne, TX 76033Office #2: 4640 Fm 1187, Burleson, TX 76028Office #3: 601 State St. Suite 425, South Lake, TX 76092BD
CRD#: 13572
Cleburne, TX
Past
September 4, 2018 - June 29, 2023
CETERA WEALTH SERVICES, LLC
RIA
CRD#: 13572
CLEBURNE, TX
Past
February 15, 2008 - September 4, 2018
FFEC WEALTH PARTNERS LLC
RIA
CRD#: 16507
BEDFORD, TX
Past
February 15, 2008 - September 4, 2018
FFEC WEALTH PARTNERS LLC
BD
CRD#: 16507
BEDFORD, TX
Past
December 10, 2007 - February 19, 2008
NATIONAL PLANNING CORPORATION
RIA
CRD#: 29604
FORTH WORTH, TX
Past
December 3, 2007 - February 19, 2008
NATIONAL PLANNING CORPORATION
BD
CRD#: 29604
FORTH WORTH, TX
Past
August 16, 2005 - March 14, 2008
ROSENTHAL ADVISORY SERVICES, L.P.
RIA
CRD#: 114533
FORT WORTH, TX
Past
October 4, 1999 - December 4, 2007
SECURITIES AMERICA, INC.
BD
CRD#: 10205
FT WORTH, TX
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 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 them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Alabama(9/8/2023)
RR
Arizona(9/4/2018)
RR
Arkansas(9/4/2018)
RR
California(9/4/2018)
RR
Colorado(9/4/2018)
RR
Florida(9/4/2018)
RR
Georgia(3/24/2020)
RR
Illinois(9/4/2018)
RR
Indiana(8/18/2021)
RR
Iowa(9/4/2018)
RR
Kansas(9/4/2018)
RR
Louisiana(9/4/2018)
RR
Massachusetts(11/19/2020)
RR
Minnesota(9/4/2018)
RR
Missouri(9/4/2018)
RR
New Mexico(9/4/2018)
RR
North Carolina(9/5/2018)
RR
Ohio(11/19/2020)
RR
Oklahoma(9/4/2018)
RR
Oregon(8/7/2025)
RR
South Carolina(9/4/2018)
RR
South Dakota(9/4/2018)
RR
Texas(9/4/2018)
IAR
Texas(9/4/2018)
RR
Virginia(1/4/2023)
RR
Washington(9/4/2018)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
