David W. Smith
CRD#: 6845350
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 W Smith, CFP®, who also goes by David W Smith, David Warren Smith, David Smith, was a registered financial professional .
David is a previously registered financial professional and started their career in finance in 2017. David had worked at 4 firms and has passed the Series 66, Series 63, SIE, Series 7 and Series 6 exams.
Biography
In 2017, David Smith started his second career as a financial advisor with a plan to be a straightforward advisor who takes a personal approach to educate and assisting his clients to make the best financial decisions possible. As a Financial Advisor and Managing Director at Falcon Wealth Planning, David will work directly with clients to help customize their personal financial goals and set a course to achieve them.
Prior to joining Falcon Wealth Planning, David worked as a financial advisor with both Ameriprise Financial and Edward Jones, specializing in goal planning and estate settlements. Although finance is his current passion, he also used to work as a research scientist for Northwestern University and SGX Pharmaceuticals as a Ph.D. protein biochemist.
David is extremely proud to be joining Falcon Wealth Planning, a fee-only advisory firm as a true fiduciary. He currently holds the Series 6, 7, 63, and 66 licenses as well as the CFP® and APMA designations. David received his BA in both mathematics and chemistry from the University of Colorado at Boulder, as well as his Ph.D. in Inorganic Chemistry from the University of Hawaii at Manoa.
Today, he is also a proud father to his teenage daughter, Fiona. Aside from work and family, his passions include traveling the country, riding the most thrilling rollercoasters, and chasing nature’s waterfalls. Lastly, in his free time, he enjoys activities such as hiking, and cycling, as well as following his favorite football and hockey teams all throughout the fall season.
Professional Designations & Licenses:
- Certified Financial Planner™ Professional (CFP®)
- Accredited Investment Fiduciary® (AIF®)
- Master of Business Administration (MBA)
About Falcon Wealth Planning:
Falcon Wealth Planning, Inc. is a Registered Investment Advisor offering an innovative business model for financial planning; a model that places the client first by design and eliminates the conflicts of interest inherent in traditional models.
Every aspect of Falcon Wealth Planning is aligned with the client’s interests. The hybrid, retainer-based business model overcomes one of the major criticisms of the financial planning industry: a conflict of interest between the client’s needs and the advisor’s compensation. Falcon Wealth advisors are salaried employees who are never compensated by the sale of financial products or asset management fees, allowing them to focus on providing the best planning advice for their clients.
Question & Answer
What are your service offerings?
Financial Planning
Investment Management
Tax Planning
Tax Preparation
Retirement Planning
Estate Planning
Business Planning
Do you have an area of expertise or specialization?
Blended Families
Budgeting
Cash Flow Analysis
Customized Portfolios
Divorce Planning
Emergency Funds Management
Estate Planning
Executive Compensation (ISO, R...
FIRE (Financial Independence R...
High Net Worth Planning
Investment Management
Philanthropic and Non-Profit
Real Estate (LLP, REIT's, Priv...
Retirement Planning
Risk Management and Insurance ...
Small Business Planning
Tax Planning and Preparation
What is your minimum asset requirement?
250K
How do you get paid?
Fee-only
Are you a "fiduciary"?
No
Aliases
David W Smith | David Warren Smith | David Smith
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.
Fiduciary Activities; Named or act in a fiduciary capacity; such as attorney-in-fact, trustee, conservator, guardian, executor or personal representative.
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®
CFP®
Start date: 2021
Experience
Past
September 15, 2022 - April 11, 2024
FALCON WEALTH PLANNING, INC.
RIA
CRD#: 174092
Oakbrook Terrace, IL
Past
January 6, 2020 - September 15, 2022
AMERIPRISE FINANCIAL SERVICES, LLC
RIA
CRD#: 6363
SCHAUMBURG, IL
Past
January 6, 2020 - September 15, 2022
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
SCHAUMBURG, IL
Past
April 3, 2018 - December 24, 2019
EDWARD JONES
RIA
CRD#: 250
BROOKFIELD, IL
Past
February 2, 2018 - December 24, 2019
EDWARD JONES
BD
CRD#: 250
BROOKFIELD, IL
Past
September 15, 2017 - January 26, 2018
W&S BROKERAGE SERVICES, INC.
BD
CRD#: 8099
Oakbrook, IL
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".
FALCON WEALTH PLANNING, INC.
FALCON WEALTH PLANNING, INC.
CRD#: 174092 / SEC#: 801-112659
RIA
Registered Investment Advisory firm - (3/19/2018 Approved)California
Registered Investment Advisory firm - (5/5/2018 Terminated)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.
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
FALCON WEALTH PLANNING, INC.
FALCON WEALTH PLANNING, INC.
CRD#: 174092 / SEC#: 801-112659
RIA
Registered Investment Advisory firm - (3/19/2018 Approved)California
Registered Investment Advisory firm - (5/5/2018 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
3400 Inland Empire Blvd. Suite 100, Ontario, CA 91764
Mailing Address
Phone number
(855) 963-2526
Established
Firm type
Fiscal year end
# of Employees
42
SEC notice filing (31 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 3,575 |
| AUM (Assets Under Management) | $ 1,159,538,045 |
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
FALCON WEALTH PLANNING, INC.
Managing Director, Falcon Wealth PlanningCRD#: 174092TRUST BUT VERIFY
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Contact information
(xxx) xxx-xxxx
xxxxx@xxxx.xxx
