David W. Parsons
OLD NORTH STATE WEALTH MANAGEMENT
Captiva, FL
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CRD#: 856871
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.
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.
~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.
CRS (Client Relationship Summary) - RIA
Click below to view David William Parsons'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®
CFP®
Start date: 1987
Experience
Current
May 14, 2019 - Present
OLD NORTH STATE WEALTH MANAGEMENT, LLC
RIA
CRD#: 148659
Captiva, FL
Current
May 6, 2019 - Present
APW CAPITAL, INC.
Office #1: 1430 Commonwealth Drive Suite 200, Wilmington, NC 28403BD
CRD#: 43814
Wilmington, NC
Past
February 16, 2016 - May 14, 2019
J. W. COLE ADVISORS, INC.
RIA
CRD#: 112294
Wilmington, NC
Past
February 16, 2016 - May 14, 2019
J.W. COLE FINANCIAL, INC.
BD
CRD#: 124583
Wilmington, NC
Past
September 3, 2003 - March 2, 2016
TRANSAMERICA FINANCIAL ADVISORS, LLC
RIA
CRD#: 16164
TARPON SPRINGS, FL
Past
August 26, 2003 - March 2, 2016
TRANSAMERICA FINANCIAL ADVISORS, LLC
BD
CRD#: 16164
TARPON SPRINGS, FL
Past
December 18, 2000 - July 1, 2003
WESTPORT FINANCIAL SERVICES, L.L.C.
BD
CRD#: 38449
JACKSONVILLE, FL
Past
July 20, 1999 - September 27, 2000
HIMCO DISTRIBUTION SERVICES COMPANY
BD
CRD#: 6604
HARTFORD, CT
Past
August 16, 1996 - February 5, 1999
EXECUTIVE SERVICES SECURITIES, LLC
BD
CRD#: 25299
ATLANTA, GA
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 - (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 them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
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)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
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 - (10/24/2008 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1430 Commonwealth Drive, Suite 200, Wilmington, NC 28403
Mailing Address
Phone number
(910) 509-3800
Established
Firm type
Fiscal year end
# of Employees
6
SEC notice filing (9 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 1,062 |
| AUM (Assets Under Management) | $ 384,507,909 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
