Robert E. Felty

PENN DAVIS MCFARLAND

Dallas, TX 75204

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CRD#: 4651762

Professional summary

Robert Earl Felty is a registered financial advisor currently at PENN DAVIS MCFARLAND INC located in Dallas, Texas.

Robert is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2003. Robert has worked at 3 firms and has passed the Series 66 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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Robert Earl Felty'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®

None

Experience

Current

March 27, 2013 - Present

PENN DAVIS MCFARLAND INC

Office #1: 2626 Cole Ave Ste 504, Dallas, TX 75204

RIA

CRD#: 110417

Dallas, TX

Past

October 23, 2009 - November 1, 2012

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

RIA

CRD#: 7691

DALLAS, TX

Past

October 23, 2009 - November 1, 2012

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CRD#: 7691

DALLAS, TX

Past

October 8, 2003 - October 23, 2009

BANC OF AMERICA INVESTMENT SERVICES, INC.

RIA

CRD#: 16361

DALLAS, TX

Past

July 23, 2003 - October 23, 2009

BANC OF AMERICA INVESTMENT SERVICES, INC.

CRD#: 16361

DALLAS, 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".

PENN DAVIS MCFARLAND INC

CRD#: 110417 / SEC#: 801-13038

RIA

Registered Investment Advisory firm - (5/12/1977 Approved)

Texas

Registered Investment Advisory firm - (4/4/2002 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.

Highlighted states indicate IAR registrations

IAR

Texas
(3/27/2013)

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: 10/7/2003

Uniform Combined State Law Examination

General Industry/Product Exam

Series 7

Date: 7/21/2003

General Securities Representative Examination

Current Firm

PENN DAVIS MCFARLAND INC

CRD#: 110417 / SEC#: 801-13038

RIA

Registered Investment Advisory firm - (5/12/1977 Approved)

Texas

Registered Investment Advisory firm - (4/4/2002 Terminated)

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Contact information

Main Address

2626 Cole Ave Ste 504, Dallas, TX 75204

Mailing Address

Phone number

(214) 871-2772

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (6 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

PDM ADVISORY BROCHURE JANUARY 31, 2025 (4/16/2025)

Regulatory assets under management

Total Number of Accounts	555
AUM (Assets Under Management)	$ 1,261,852,927

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
11/05/2025	Cover Page	Report
02/11/2025	Cover Page	Report
01/29/2024	Cover Page	Report
02/20/2023	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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Robert E. Felty

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Robert Earl Felty's CRS (Customer Relationship Summary).

Certified licenses

Experience

PENN DAVIS MCFARLAND INC

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

BANC OF AMERICA INVESTMENT SERVICES, INC.

BANC OF AMERICA INVESTMENT SERVICES, INC.

Primary Firm SEC Registration

PENN DAVIS MCFARLAND INC

State Registrations and Notice Filings

Exams

Series 66

Date: 10/7/2003

Series 7

Date: 7/21/2003

Current Firm

PENN DAVIS MCFARLAND INC

Contact information

SEC notice filing (6 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

PENN DAVIS MCFARLAND INC

TRUST BUT VERIFY

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