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Dustin Padgett, portrait

Dustin Padgett

Division President at Big Sioux Financial in Watertown, SD

Investment adviser and broker registrationsUpdated

Dustin Padgett is Division President of Big Sioux Financial, Inc., an investment adviser managing $235M, and works from its Watertown, SD office. Dustin Padgett has been registered as an investment adviser representative through Big Sioux Financial since 8 August 2019, has 28 years in the industry across 3 firms and has passed 6 licensing exams.

28
Years in industry
7
Years at firm
3
Adviser firms
2
States registered

From the IAPD record, checked 22 October 2026SEC record

Career

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.

  1. – present · 7 years
    Watertown, SD · Adviser representative · Firm CRD 299593
  2. Raymond James Financial Services Advisors, Inc
    – · 10 years
    Watertown, SD · Adviser representative · Firm CRD 149018
  3. Raymond James Financial Services
    – · 8 years
    Watertown, SD · Adviser representative · Firm CRD 6694

Credentials and registrations

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

SIECredited
Name
Securities Industry Essentials Examination
Series 5120 February 2007
Name
Municipal Fund Securities Principal Examination
Series 6511 May 2000
Name
Uniform Investment Adviser Law Examination
Series 2429 February 2000
Name
General Securities Principal Examination
Series 715 October 1998
Name
General Securities Representative Examination
Series 637 August 1998
Name
Uniform Securities Agent State Law Examination
Series 5224 July 1998
Name
Municipal Securities Representative Examination

Key facts

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

Common questions

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.

Source: Form ADV, Schedule A, filed 27 February 2026

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.

Source: IAPD individual record, checked 22 October 2026

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.

Source: IAPD individual record, checked 22 October 2026

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.

Source: IAPD individual record, checked 22 October 2026

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.

Source: IAPD individual record, checked 22 October 2026

Where is Dustin Padgett based?

Dustin Padgett’s registered office is in Watertown, SD.

Source: IAPD individual record, checked 22 October 2026

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.

Source: IAPD individual record, checked 22 October 2026

Leadership at Big Sioux Financial

Sources

  1. IAPD individual record, CRD 3084029, checked 22 October 2026. Registration status, employment history and examinations.
  2. Form ADV Part 1A, Schedules A and B of Big Sioux Financial, Inc., filed 27 February 2026. Title, control and ownership bands.
  3. Big Sioux Financial team page. Biography, education, credentials, awards and the portrait, reproduced for identification.