David M. Nelson

COLTON GROOME FINANCIAL ADVISORS

Asheville, NC 28803

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CRD#: 4008051

Professional summary

David Michael Nelson, AIF® is a registered financial advisor currently at COLTON GROOME FINANCIAL ADVISORS, LLC located in Asheville, North Carolina and VALMARK SECURITIES, INC. located in Asheville, 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 7 firms and has passed the Series 65, Series 63, SIE and Series 7 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.

1) Colton Groome Financial Advisors,1127 B Hendersonville Road, Asheville, NC 28803; Retirement Plan Advisor; Assist Retirement Plan Sponsors w/Fiduciary responsibilities; YES investment related; 1/3/18 start date; 40+ hrs; W2 employee.///

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Michael Nelson'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

Experience

Current

January 3, 2018 - Present

COLTON GROOME FINANCIAL ADVISORS, LLC

Office #1: 1127-b Hendersonville Road, Asheville, NC 28803

RIA

CRD#: 128365

Asheville, NC

Current

February 19, 2015 - Present

VALMARK SECURITIES, INC.

Office #1: 1127-b Hendersonville Road, Asheville, NC 28803

CRD#: 31243

Asheville, NC

Past

March 2, 2015 - December 31, 2017

VALMARK ADVISERS, INC.

RIA

CRD#: 108050

ASHEVILLE, NC

Past

April 28, 2009 - January 8, 2015

AMERITAS INVESTMENT COMPANY, LLC

RIA

CRD#: 14869

SYLVA, NC

Past

May 28, 2008 - January 8, 2015

AMERITAS INVESTMENT COMPANY, LLC

CRD#: 14869

LINCOLN, NE

Past

June 26, 2006 - October 22, 2007

CHASE INVESTMENT SERVICES CORP.

RIA

CRD#: 25574

CINCINNATI, OH

Past

February 22, 2006 - October 22, 2007

CHASE INVESTMENT SERVICES CORP.

CRD#: 25574

CINCINNATI, OH

Past

December 15, 2000 - March 6, 2006

FIDELITY BROKERAGE SERVICES LLC

CRD#: 7784

SMITHFIELD, RI

Past

October 20, 1999 - January 5, 2001

MORGAN STANLEY DW INC.

CRD#: 7556

PURCHASE, NY

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".

COLTON GROOME FINANCIAL ADVISORS, LLC

CG ADVISORY SERVICES, L.L.C. | COLTON GROOME FINANCIAL ADVISORS, LLC

CRD#: 128365 / SEC#: 801-113274

RIA

Registered Investment Advisory firm - (5/23/2018 Approved)

Nevada

Registered Investment Advisory firm - (10/26/2009 Terminated)

North Carolina

Registered Investment Advisory firm - (6/1/2018 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.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

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

North Carolina
(2/20/2015)

IAR

North Carolina
(1/3/2018)

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

State Security Law Exam

IAR

Series 65

Date: 6/21/2006

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 12/23/1999

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 10/19/1999

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

COLTON GROOME FINANCIAL ADVISORS, LLC

CG ADVISORY SERVICES, L.L.C. | COLTON GROOME FINANCIAL ADVISORS, LLC

CRD#: 128365 / SEC#: 801-113274

RIA

Registered Investment Advisory firm - (5/23/2018 Approved)

Nevada

Registered Investment Advisory firm - (10/26/2009 Terminated)

North Carolina

Registered Investment Advisory firm - (6/1/2018 Terminated)

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Contact information

Main Address

1127-b Hendersonville Road, Asheville, NC 28803

Mailing Address

Phone number

(828) 252-1816

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (5 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

FORM ADV PART 2A (3/24/2025)

Regulatory assets under management

Total Number of Accounts	946
AUM (Assets Under Management)	$ 444,012,621

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
07/29/2024	Cover Page	Report
11/27/2023	Cover Page	Report
01/27/2023	Cover Page	Report

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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Advisor Monitoring

Firm Stability Insights

David M. Nelson

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Michael Nelson's CRS (Customer Relationship Summary).

Certified licenses

Experience

VALMARK SECURITIES, INC.

VALMARK ADVISERS, INC.

AMERITAS INVESTMENT COMPANY, LLC

AMERITAS INVESTMENT COMPANY, LLC

CHASE INVESTMENT SERVICES CORP.

CHASE INVESTMENT SERVICES CORP.

FIDELITY BROKERAGE SERVICES LLC

MORGAN STANLEY DW INC.

Primary Firm SEC Registration

COLTON GROOME FINANCIAL ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 6/21/2006

Series 63

Date: 12/23/1999

SIE

Date: 10/1/2018

Series 7

Date: 10/19/1999

FINRA

Current Firm

COLTON GROOME FINANCIAL ADVISORS, LLC

Contact information

SEC notice filing (5 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

COLTON GROOME FINANCIAL ADVISORS, LLC

TRUST BUT VERIFY

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