AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why Advisor Check

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
RY

Robert M. Young

CENTRAL STATES CAPITAL MARKETS
West Des Moines, IA 50266
Some features on this profile are disabled
CRD#: 501297
RY

Professional summary

Robert Morris Young JR, who also goes by Bob M Young Jr, Bob M Young, is a registered financial professional currently at CENTRAL STATES CAPITAL MARKETS, LLC located in West Des Moines, Iowa.

Robert is registered as a RR (Registered Representative) and started their career in finance in 1985. Robert has worked at 5 firms and has passed the Series 63, SIE, Series 7, Series 24 and Series 53 exams.

top-8-questions

Question & Answer

Are you a "fiduciary"?
No

Aliases

Bob M Young Jr | Bob M Young

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) - BD

Click below to view Robert Morris Young JR'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

November 20, 2017 - Present

CENTRAL STATES CAPITAL MARKETS, LLC

Office #1: 2600 Westown Parkway Suite 220, West Des Moines, IA 50266
RIA
BD
CRD#: 155291
West Des Moines, IA
Past

January 14, 2011 - November 17, 2017

NORTHLAND SECURITIES, INC.

BD
CRD#: 40258
WEST DES MOINES, IA
Past

October 26, 2006 - May 24, 2010

DEWAAY FINANCIAL NETWORK, LLC

BD
CRD#: 30767
CLIVE, IA
Past

February 24, 1997 - May 1, 2006

AGRI GENERAL SECURITIES CORPORATION

BD
CRD#: 41474
JOHNSTON, IA
Past

July 16, 1985 - January 3, 1995

RUAN SECURITIES CORPORATION

BD
CRD#: 16276
DES MOINES, IA

State Registrations and Notice Filings

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

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
Arizona
(11/20/2017)
RR
Iowa
(11/22/2017)
RR
Minnesota
(6/17/2018)
RR
Missouri
(11/20/2017)

Exams

State Security Law Exam
RR
Series 63
Date: 4/23/1985
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
SIE
Date: 10/1/2018
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 5/24/1986
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 24
Date: 1/2/2023
General Securities Principal Examination
Principal/Supervisory Exam
RR
Series 53
Date: 1/2/2023
Municipal Securities Principal Examination
SRO Registrations
RR
FINRA

Current Firm

CS
CENTRAL STATES CAPITAL MARKETS, LLC
CENTRAL STATES CAPITAL MARKETS, LLC

CRD#: 155291 / SEC#: 801-79295, 8-68711

RIA
Registered Investment Advisory firm - SEC (1/3/2017 Terminated)
Iowa
Registered Investment Advisory firm - SEC (1/23/2018 Approved)
Kansas
Registered Investment Advisory firm - SEC (10/12/2016 Approved)
Missouri
Registered Investment Advisory firm - SEC (12/29/2016 Approved)
BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address
4200 W 83rd Street Suite 101, Prairie Village, KS 66208
Mailing Address
4200 W 83rd Street Suite 101, Prairie Village, KS 66208
Phone number
(913) 766-6565
Established
Kansas since 08/31/2010
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Small
# of Employees
4

FINRA licenses (27 States and Territories)

Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents

Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Direct owners and executive officers

NamePositionCRD#
CLASSEN, MARK KMEMBER6886821
CENTRAL STATES FINANCIAL SERVICES, LLCHOLDING COMPANY; MEMBER
YOUNG, ROBERT MORRIS JRCHAIRMAN & CCO501297
ADDISON, LAURIE ANNECHIEF FINANCIAL OFFICER & FINOP7488882
HORTON, MICHAEL ALANDIRECTOR, BRANCH MANAGER1041106
STEPP, JOHN DANIELMANAGING DIRECTOR, CEO; ELECTED MANAGER501417

Regulatory assets under management

Total Number of Accounts38
AUM (Assets Under Management)$ 27,936,117

Disclosures

Regulatory Event6
Criminal3

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.

Company Information

CENTRAL STATES CAPITAL MARKETS, LLC

CRD#: 155291West Des Moines, IA 50266

TRUST BUT VERIFY

Monitor Robert Young

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

RS
Rajpreet SanghaAdvisorCheck Check Mark
PRINCIPAL SECURITIES, INC.
IAR
RR
Tracy, CA
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
Help Center
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.© 2025 AdvisorCheck, an AIMR Analytics company. All rights reserved.