David M. Malone

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CRD#: 3259925

Professional summary

Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

David Michael Malone was a registered financial professional .

David is a previously registered financial professional and started their career in finance in 1999. David had worked at 4 firms and has passed the Series 66, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

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)

The CRS(Customer Relationship Summary) document is not provided.

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Past

August 12, 2004 - March 25, 2024

READ & POWELL FINANCIAL SERVICES, LLC

RIA

CRD#: 130189

ELKO, NV

Past

September 13, 2001 - August 27, 2004

AVANTAX ADVISORY SERVICES

RIA

CRD#: 104556

ELKO, NV

Past

July 23, 2001 - August 26, 2004

AVANTAX INVESTMENT SERVICES, INC.

CRD#: 13686

DALLAS, TX

Past

August 12, 1999 - July 30, 2001

WADDELL & REED

CRD#: 866

OVERLAND PARK, KS

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".

READ & POWELL FINANCIAL SERVICES, LLC

CRD#: 130189 / SEC#: 801-121309

RIA

Registered Investment Advisory firm - (5/26/2021 Approved)

Idaho

Registered Investment Advisory firm - (8/2/2021 Terminated)

Nevada

Registered Investment Advisory firm - (9/20/2021 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

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

State Security Law Exam

IAR

Series 66

Date: 8/12/1999

Uniform Combined State Law Examination

General Industry/Product Exam

Series 7

Date: 9/27/2001

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 8/12/1999

Investment Company Products/Variable Contracts Representative Examination

Current Firm

READ & POWELL FINANCIAL SERVICES, LLC

CRD#: 130189 / SEC#: 801-121309

RIA

Registered Investment Advisory firm - (5/26/2021 Approved)

Idaho

Registered Investment Advisory firm - (8/2/2021 Terminated)

Nevada

Registered Investment Advisory firm - (9/20/2021 Terminated)

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Contact information

Main Address

491 5th Street, Elko, NV 89801

Mailing Address

Phone number

(775) 738-4430

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (4 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

READ AND POWELL ADV PART 2A (3/21/2025)

Regulatory assets under management

Total Number of Accounts	598
AUM (Assets Under Management)	$ 146,673,084

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.

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David M. Malone

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

READ & POWELL FINANCIAL SERVICES, LLC

AVANTAX ADVISORY SERVICES

AVANTAX INVESTMENT SERVICES, INC.

WADDELL & REED

Primary Firm SEC Registration

READ & POWELL FINANCIAL SERVICES, LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 8/12/1999

Series 7

Date: 9/27/2001

Series 6

Date: 8/12/1999

Current Firm

READ & POWELL FINANCIAL SERVICES, LLC

Contact information

SEC notice filing (4 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

READ & POWELL FINANCIAL SERVICES, LLC

TRUST BUT VERIFY

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