Dustin Padgett has been Division President of Big Sioux Financial since July 2019, is a control person of the firm and directly owns under 5% of it. Dustin Padgett holds a Business Administration degree with an emphasis in Finance from the University of South Dakota.
Big Sioux Financial, Inc. is a Watertown, SD firm with $235M under management, 868 clients and 5 advisers across 2 offices, as of its February 2026 filing.
Dustin Padgett is Division President and Wealth Manager of Big Sioux Wealth Management. Padgett set out as a registered financial representative with Reliabank in 1999 and initiated the wealth management department at Reliabank Dakota in Watertown. In 2019, Big Sioux Wealth Management was created.
Dustin Padgett’s longest registration was 10 years at Raymond James Financial Services Advisors, Inc (2009–2019). Before joining Big Sioux Financial in 2019, Dustin Padgett was registered through Raymond James Financial Services Advisors, Inc and Raymond James Financial Services.
- Big Sioux Wealth ManagementCurrent– present · 7 yearsWatertown, SD · Adviser representative · Firm CRD 299593
- Raymond James Financial Services Advisors, Inc– · 10 yearsWatertown, SD · Adviser representative · Firm CRD 149018
- Raymond James Financial Services– · 8 yearsWatertown, SD · Adviser representative · Firm CRD 6694
Professional designations
Listed by Big Sioux Financial
- CFP®
- AIF®
Investment adviser representative registrations
Dustin Padgett is registered as an investment adviser representative in 2 states. The first approvals date from August 2019; the most recent is Texas, in September 2020.
- South DakotaSince 8 August 2019
- TexasSince 25 September 2020
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 51 | Municipal Fund Securities Principal Examination | 20 February 2007 |
| Series 65 | Uniform Investment Adviser Law Examination | 11 May 2000 |
| Series 24 | General Securities Principal Examination | 29 February 2000 |
| Series 7 | General Securities Representative Examination | 15 October 1998 |
| Series 63 | Uniform Securities Agent State Law Examination | 7 August 1998 |
| Series 52 | Municipal Securities Representative Examination | 24 July 1998 |
- Name
- Securities Industry Essentials Examination
- Name
- Municipal Fund Securities Principal Examination
- Name
- Uniform Investment Adviser Law Examination
- Name
- General Securities Principal Examination
- Name
- General Securities Representative Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- Municipal Securities Representative Examination
- Full name
- Dustin Jay Padgett
- CRD
- 3084029
- Firm
- Big Sioux Financial · CRD 299593
- Role
- Division President
- Office
- 1401 4th St. NE, Watertown, SD 57201
- Registration
- Investment adviser and broker registrations
- In the industry since
- July 1998
- Disciplinary history
- Not yet shown here · SEC record · BrokerCheck
- Firm bio
- bigsiouxwealth.com
Where does Dustin Padgett work?
Dustin Padgett has been Division President of Big Sioux Financial, Inc. since July 2019, and is a control person of the firm.
Is Dustin Padgett a financial advisor?
Yes. Dustin Padgett has a current investment-adviser registration in South Dakota and Texas, through Big Sioux Financial since August 2019.
How many years of experience does Dustin Padgett have?
Dustin Padgett has 28 years in the financial industry, since July 1998, across 3 adviser firms.
What exams has Dustin Padgett passed?
Dustin Padgett has passed 6 licensing exams: the Series 52, Series 63, Series 7, Series 24, Series 65 and Series 51. The earliest, the Series 52, was passed in July 1998. FINRA credited Dustin Padgett with the SIE, which began in October 2018.
Where did Dustin Padgett work before Big Sioux Financial?
Before Big Sioux Financial, Dustin Padgett was registered through Raymond James Financial Services Advisors, Inc, January 2009 to August 2019; Raymond James Financial Services, July 2000 to January 2009.
Where is Dustin Padgett based?
Dustin Padgett’s registered office is in Watertown, SD.
Is Dustin Padgett registered with FINRA?
Yes. Dustin Padgett has a current broker registration, under CRD 3084029.
Source: FINRA BrokerCheck
Is Dustin Padgett a CFP?
Big Sioux Financial lists Dustin Padgett with the CFP credential (“CFP®”) on its website. CFP Board confirms certification status.
Source: Dustin Padgett, CFP®, AIF® biography, bigsiouxwealth.com
How can I verify Dustin Padgett’s record?
Search CRD 3084029 on the SEC’s adviser search (adviserinfo.sec.gov) and FINRA’s broker search (brokercheck.finra.org), which publish Dustin Padgett’s full registration record.

