DL
David Layte
SHP WEALTH MANAGEMENT
Plymouth, MA 02360
Some features on this profile are disabled
CRD#: 6072876
DL
Professional summary
David Layte, who also goes by David Edwin Layte, is a registered financial advisor currently at SHP WEALTH MANAGEMENT, LLC located in Plymouth, Massachusetts.
David is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2012. David has worked at 3 firms and has passed the Series 66, Series 7TO, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
David Edwin Layte
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.
David Layte is an independent licensed insurance agent with SHP Financial. From time to time, he will offer clients advice or products from those activities. Clients should be aware that these services pay a commission or other compensation and involve a conflict of interest, as commissionable products conflict with the fiduciary duties of a registered investment adviser. SWML addresses this conflict of interest by requiring its supervised persons to act in the best interest of the client, including when acting as an insurance agent. SWML periodically reviews recommendations by its supervised persons to assess whether they are based on an objective evaluation of each client's risk profile and investment objectives rather than on the receipt of any commissions or other benefits. SWML will disclose in advance how it or its supervised persons are compensated and will disclose conflicts of interest involving any advice or service provided. At no time will an advisory client be required to use the outside services of any supervised person as a condition of receiving advisory services of SWML. No client is under any obligation to purchase any insurance product.
CRS (Client Relationship Summary) - RIA
Click below to view David Layte'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®
NoneExperience
Current
February 9, 2021 - Present
SHP WEALTH MANAGEMENT, LLC
Office #1: 225 Water St Suite C210, Plymouth, MA 02360RIA
CRD#: 174697
Plymouth, MA
Past
July 17, 2017 - August 21, 2020
WELLS FARGO CLEARING SERVICES, LLC
RIA
CRD#: 19616
NEWPORT, RI
Past
July 14, 2017 - August 21, 2020
WELLS FARGO CLEARING SERVICES, LLC
BD
CRD#: 19616
NEWPORT, RI
Past
October 22, 2012 - September 12, 2016
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
RIA
CRD#: 7691
MEDWAY, MA
Past
September 6, 2012 - September 12, 2016
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BD
CRD#: 7691
MEDWAY, MA
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".
SW
SHP WEALTH MANAGEMENT, LLC
SHP FINANCIAL | SHP WEALTH MANAGEMENT, LLC | SHP FINANCIAL WEALTH MANAGEMENT LLC
CRD#: 174697 / SEC#: 801-108679
RIA
Registered Investment Advisory firm - (11/29/2016 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.Highlighted states indicate IAR registrations
IAR
Massachusetts(2/9/2021)
Exams
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 3/24/2024
General Securities Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
Current Firm
SW
SHP WEALTH MANAGEMENT, LLC
SHP FINANCIAL | SHP WEALTH MANAGEMENT, LLC | SHP FINANCIAL WEALTH MANAGEMENT LLC
CRD#: 174697 / SEC#: 801-108679
RIA
Registered Investment Advisory firm - (11/29/2016 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
225 Water St Suite C210, Plymouth, MA 02360
Mailing Address
Phone number
(508) 746-2400
Established
Firm type
Fiscal year end
# of Employees
50
SEC notice filing (15 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 7,093 |
| AUM (Assets Under Management) | $ 1,496,875,252 |
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.
