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David William Parsons

David William Parsons

CFP®
OLD NORTH STATE WEALTH MANAGEMENT
Captiva, FL
·CRD# 856871·30 years experience

Professional Summary

David William Parsons, CFP® is a registered financial advisor currently at OLD NORTH STATE WEALTH MANAGEMENT, LLC located in Captiva, Florida and APW CAPITAL, INC. located in Wilmington, North Carolina. David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1996. David has worked at 8 firms and has passed the Series 63, Series 65, SIE, Series 7 and Series 6 exams.

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

Blog Corner

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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Credentials

CFP®
Certified Financial PlannerSince 1987

Years of Experience

30 years in the financial services industry

Current & Past Employments

OLD NORTH STATE WEALTH MANAGEMENT, LLC·CRD# 148659
RIA
1. Captiva, FL2. Bokeelia, FL
May 14, 2019 - Present
APW CAPITAL, INC.·CRD# 43814
BD
1430 Commonwealth Drive Suite 200, Wilmington, NC 28403
May 6, 2019 - Present
J. W. COLE ADVISORS, INC.·CRD# 112294
RIA
Wilmington, NC
February 16, 2016 - May 14, 2019
J.W. COLE FINANCIAL, INC.·CRD# 124583
BD
Wilmington, NC
February 16, 2016 - May 14, 2019
TRANSAMERICA FINANCIAL ADVISORS, LLC·CRD# 16164
RIA
Tarpon Springs, FL
September 3, 2003 - March 2, 2016
TRANSAMERICA FINANCIAL ADVISORS, LLC·CRD# 16164
BD
Tarpon Springs, FL
August 26, 2003 - March 2, 2016
WESTPORT FINANCIAL SERVICES, L.L.C.·CRD# 38449
BD
Jacksonville, FL
December 18, 2000 - July 1, 2003
HIMCO DISTRIBUTION SERVICES COMPANY·CRD# 6604
BD
Hartford, CT
July 20, 1999 - September 27, 2000
EXECUTIVE SERVICES SECURITIES, LLC·CRD# 25299
BD
Atlanta, GA
August 16, 1996 - February 5, 1999

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Current Firm

ON
OLD NORTH STATE WEALTH MANAGEMENT, LLC

OLD NORTH STATE WEALTH MANAGEMENT | OLD NORTH STATE WEALTH MANAGEMENT, LLC

CRD#: 148659 / SEC#: 801-69690
RIA
Registered Investment Advisory firm - SEC (10/24/2008 Approved)

Contact Information

Main Address

1430 Commonwealth Drive, Suite 200, Wilmington, NC 28403

Phone Number

(910) 509-3800

# of Employees

6

SEC notice filing (9 States and Territories)

Registered to provide investment advisory services in 9 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

OLD NORTH STATE WEALTH MANAGEMENT BROCHURE (3/17/2026)

Regulatory Assets Under Management

Total Number of Accounts

1,124

AUM (Assets Under Management)

$452,559,489

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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) Independent insurance agent; Investment-related; Wilmington, NC; Nature of business: Fixed Insurance-Life & Annuity; Title/Position: Insurance Agent; Start date: 6/17/08; Approximately 2 hours/month with all hours during trading; Duties: Sales & marketing fixed insurance; CLIENT INVOLVED: YES. ~2) Knott, Richartz & Co. CPAs, PLLC; Not-investment related; Wilmington, NC; Consultant; Company Officer/Director: Yes; Start date: 5/2019, Approximately 10-20 hours/month with 10-20 hours/month during securities trading hours; Duties: Provide CPA consulting services; CLIENT INVOLVED: YES ~3) Old North State Wealth Management; Investment-related; RIA; Nature of business: estate planning, tax planning and insurance; DBA used: Wall Street Alliance, Inc.; Title: CEO & Personal Financial Specialist; Start date: 05/2019; Duties: financial planning, insurance, investment portfolio; Approximately 160 hours/month devoted to this activity with all hours during securities trading hours. ~4) APW Capital, Inc.; Investment-related; Wilmington, NC; Broker/Dealer; Registered Representative; Start date: 05/2019; Approximately 2 hours/month spent on registered representative activities with all hours during securities trading hours. ~5) Offshore Benefits; 1430 Commonwealth Dr, Ste 200, Willington, NC 28403; Service: S Corp setup to hold a patent done for 401k for executives that work overseas; Start Date: 01/1/2001. ~6) Useppa Island Board of Governors; Not investment-related; 8115 Main Street, Bokeelia, FL, 33922; Advisory committee to island management; Member; Start date: 10/01/2024, 10 hours annually: 5-8 Zoom calls, represent social members of Useppa Island Club. -5) Wall Street Alliance, Inc., investment related: yes, 1430 Commonwealth Drive, Suite 200, Willmington, NC, start date: 9/1/2013, approx 40 hrs/week, duties: financial planning, insurance, investment portfolios.

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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".
ON
OLD NORTH STATE WEALTH MANAGEMENT, LLC

OLD NORTH STATE WEALTH MANAGEMENT | OLD NORTH STATE WEALTH MANAGEMENT, LLC

CRD#: 148659 / SEC#: 801-69690
RIA
Registered Investment Advisory firm - SEC (10/24/2008 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.
RR
indicates the advisor is registered as a Registered Representative in this state, allowing securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
Florida
(5/6/2019)
IAR
Florida
(9/24/2025)
RR
Georgia
(1/4/2022)
RR
Indiana
(11/10/2020)
RR
Maryland
(5/6/2019)
RR
Missouri
(5/6/2019)
RR
New Mexico
(8/31/2022)
RR
North Carolina
(5/6/2019)
RR
Pennsylvania
(5/6/2019)
IAR
Texas
(11/19/2025)

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

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 63 — Uniform Securities Agent State Law Examination

Passed Aug 1996About the Series 63 exam

Series 65 — Uniform Investment Adviser Law Examination

Passed Jul 1996About the Series 65 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Jan 2006About the Series 7 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Aug 1996About the Series 6 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view David William Parsons's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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