Richard Reed is Chief Compliance Officer and CEO of Forthright Capital Advisory, is a control person of the firm and directly owns under 5% of it.
Forthright Capital Advisory LLC is a Las Vegas, NV firm with $108M under management, 987 clients and 21 advisers across 20 offices, as of its August 2026 filing.
Richard Reed is Chief Executive Officer of Forthright Capital. He leads the firm's strategic direction, operations and overall culture. Reed joined Forthright Capital as Chief Compliance Officer and previously served in the U.S. Air Force.
Richard Reed’s longest registration was 7 years at Bancwest Investment Services, Inc. (Bwis) and Bwis D/B/A Fhis (2011–2018). Before joining Forthright Capital Advisory in 2025, Richard Reed was registered through Sequent Planning, LLC and Bancwest Investment Services, Inc. (Bwis) and Bwis D/B/A Fhis.
- Sequent Planning, LLC– · 6 yearsOmaha, NE · Adviser representative · Firm CRD 160381
- Bancwest Investment Services, Inc. (Bwis) and Bwis D/B/A Fhis– · 7 yearsOmaha, NE · Adviser representative · Firm CRD 29357
- Securities America Advisors, Inc.– · 2 yearsLa Vista, NE · Adviser representative · Firm CRD 110518
Investment adviser representative registrations
Richard Reed is registered as an investment adviser representative in 3 states. The first approvals date from August 2025; the most recent is Iowa, in January 2026.
- IowaSince 9 January 2026
- NebraskaSince 20 August 2025
- NevadaSince 24 August 2025
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 3 | National Commodity Futures Examination | 19 February 2010 |
| Series 66 | Uniform Combined State Law Examination | 13 November 2008 |
| Series 53 | Municipal Securities Principal Examination | 2 May 2008 |
| Series 4 | Registered Options Principal Examination | 26 April 2006 |
| Series 24 | General Securities Principal Examination | 6 February 2006 |
| Series 63 | Uniform Securities Agent State Law Examination | 9 June 2004 |
| Series 7 | General Securities Representative Examination | 2 June 2004 |
- Name
- Securities Industry Essentials Examination
- Name
- National Commodity Futures Examination
- Name
- Uniform Combined State Law Examination
- Name
- Municipal Securities Principal Examination
- Name
- Registered Options Principal Examination
- Name
- General Securities Principal Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Representative Examination
- Full name
- Richard Bert Reed
- CRD
- 4611919
- Firm
- Forthright Capital Advisory · CRD 323596
- Role
- Chief Compliance Officer; CEO
- Registration
- Investment adviser registration
- In the industry since
- September 2004
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- forthrightcps.com
Where does Richard Reed work?
Richard Reed is Chief Compliance Officer; CEO of Forthright Capital Advisory LLC, and is a control person of the firm.
Is Richard Reed a financial advisor?
Yes. Richard Reed has a current investment-adviser registration in Iowa, Nebraska and Nevada, through Forthright Capital Advisory since August 2025.
How many years of experience does Richard Reed have?
Richard Reed has 22 years in the financial industry, since September 2004, across 4 adviser firms.
What exams has Richard Reed passed?
Richard Reed has passed 7 licensing exams: the Series 7, Series 63, Series 24, Series 4, Series 53, Series 66 and Series 3. The earliest, the Series 7, was passed in June 2004. FINRA credited Richard Reed with the SIE, which began in October 2018.
Where did Richard Reed work before Forthright Capital Advisory?
Before Forthright Capital Advisory, Richard Reed was registered through Sequent Planning, LLC, November 2018 to June 2025; Bancwest Investment Services, Inc. (Bwis) and Bwis D/B/A Fhis, July 2011 to September 2018; Securities America Advisors, Inc., November 2008 to July 2011.
Is Richard Reed registered with FINRA?
No. Richard Reed has no current broker registration.
How can I verify Richard Reed’s record?
Search CRD 4611919 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Richard Reed’s full registration record.