David Parsons has been an investment adviser representative at Old North State Wealth Management since May 2019, and is not listed among the firm’s executive officers or direct owners. David Parsons studied at United States Naval Academy and North Carolina State University.
Old North State Wealth Management, LLC is a Wilmington, NC firm with $453M under management, 484 clients and 6 advisers across 2 offices, as of its March 2026 filing.
David Parsons is with Old North State Wealth Management. He opened his own financial planning and wealth management firm, Wall Street Alliance, in 2013 and merged that practice into Old North State in 2019. Earlier he was the first National Director of Personal Financial Planning for the CPA firm Oppenheim, Appel & Dixon, developed the international executive financial services group at Price Waterhouse in New York City, and was Vice President of the Financial and Estate Planning Department at Chase Manhattan Private Bank.
David Parsons’ longest registration was 12 years at Transamerica Financial Advisors, Inc. (2003–2016). Before joining Old North State Wealth Management in 2019, David Parsons was registered through J. W. Cole Advisors, Inc. and Transamerica Financial Advisors, Inc.
- – present · 7 yearsAdviser representative · Firm CRD 148659
- J. W. Cole Advisors, Inc.– · 3 yearsWilmington, NC · Adviser representative · Firm CRD 112294
- Transamerica Financial Advisors, Inc.– · 12 yearsTarpon Springs, FL · Adviser representative · Firm CRD 16164
Professional designations
Listed by Old North State Wealth Management
- Certified Public Accountant (CPA)
- Personal Financial Specialist (PFS)
- Chartered Life Underwriter (CLU)
- Chartered Financial Consultant (ChFC)
- CERTIFIED FINANCIAL PLANNER™ (CFP®)
- Chartered Global Management Accountant (CGMA)
Investment adviser representative registrations
David Parsons is registered as an investment adviser representative in 2 states. The first approvals date from September 2025; the most recent is Texas, in November 2025.
- FloridaSince 24 September 2025
- TexasSince 19 November 2025
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 7 | General Securities Representative Examination | 4 January 2006 |
| Series 63 | Uniform Securities Agent State Law Examination | 30 August 1996 |
| Series 6 | Investment Company Products/Variable Contracts Representative Examination | 15 August 1996 |
| Series 65 | Uniform Investment Adviser Law Examination | 9 July 1996 |
- Name
- Securities Industry Essentials Examination
- Name
- General Securities Representative Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- Investment Company Products/Variable Contracts Representative Examination
- Name
- Uniform Investment Adviser Law Examination
- Full name
- David William Parsons
- CRD
- 856871
- Firm
- Old North State Wealth Management · CRD 148659
- Registration
- Investment adviser and broker registrations
- In the industry since
- June 1997
- Disciplinary history
- Not yet shown here · SEC record · BrokerCheck
- Firm bio
- onswm.com
Where does David Parsons work?
David Parsons is an investment adviser representative registered through Old North State Wealth Management, LLC since May 2019, and is not listed among the firm’s executive officers or direct owners.
Is David Parsons a financial advisor?
Yes. David Parsons has a current investment-adviser registration in Florida and Texas, through Old North State Wealth Management since May 2019.
How many years of experience does David Parsons have?
David Parsons has 29 years in the financial industry, since June 1997, across 3 adviser firms.
What exams has David Parsons passed?
David Parsons has passed 4 licensing exams: the Series 65, Series 6, Series 63 and Series 7. The earliest, the Series 65, was passed in July 1996. FINRA credited David Parsons with the SIE, which began in October 2018.
Where did David Parsons work before Old North State Wealth Management?
Before Old North State Wealth Management, David Parsons was registered through J. W. Cole Advisors, Inc., February 2016 to May 2019; Transamerica Financial Advisors, Inc., September 2003 to March 2016.
Is David Parsons registered with FINRA?
Yes. David Parsons has a current broker registration, under CRD 856871.
Source: FINRA BrokerCheck
Is David Parsons a CFP?
Old North State Wealth Management lists David Parsons with the CFP credential (“CERTIFIED FINANCIAL PLANNER™ (CFP®)”) on its website. CFP Board confirms certification status.
How can I verify David Parsons’ record?
Search CRD 856871 on the SEC’s adviser search (adviserinfo.sec.gov) and FINRA’s broker search (brokercheck.finra.org), which publish David Parsons’ full registration record.
