David Test is a registered investment advisor, based in Frisco, TX, with 31 years of industry experience.
Location
Frisco, TX
Get directionsHistory
Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
October 2023Final
Regulatory
May 2023Final
Regulatory
January 2023Final
Customer Dispute
December 2021Settled
Employment Separation After Allegations
July 2021Other Business ActivitiesSells Insurance
David owns Phoenix Retirement Services, where he sells securities and provides financial planning, dedicating nearly full-time hours to this. He also receives commission trails from past insurance policy sales and sells insurance through Avantax Insurance Agency, along with indexed annuities, dedicating a few hours per week to these insurance-related activities.
Employment History
Current Registrations
Cetera Investment Advisers LLC
September 2025 - Present · 8 mos
Cetera Wealth Services, LLCBroker
September 2025 - Present · 8 mos
Previous Registrations
Avantax Advisory Services
November 2021 - September 2025 · 3 yrs 10 mos
Avantax Investment Services, INC.Broker
October 2021 - September 2025 · 3 yrs 11 mos
Northwestern Mutual Investment Services,llc
May 2009 - August 2021 · 12 yrs 3 mos
Northwestern Mutual Investment Services, LLCBroker
January 2009 - August 2021 · 12 yrs 7 mos
MML Investors Services, INC.Broker
March 2007 - June 2008 · 1 yr 3 mos
Hartford Equity Sales Company INC.Broker
March 1997 - February 2007 · 9 yrs 11 mos
The Great-West Life Assurance CompanyBroker
June 1993 - December 1996 · 3 yrs 6 mos
State Registrations4 states
DETXUTWI
AdvisorBrokerBoth
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
No exam information available for this advisor.