Rick Donald Wurst

Employer firm

Cwm, LLC CRD 155344

$50.6B regulatory AUM 248 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Selection of other advisers
• SUB-ADVISORY SERVICES FOR OTHER INVESTMENT ADVISORY FIRMS

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 05/2010 → 12/2021
  Mag Wealth Management, Llc
  Paynesville, MN
• 03/2011 → 08/2025
  Rick Wurst
  Cold Spring, MN
• 09/2014 → 01/2018
  Voya Financial Advisors
  Paynesville, IN
• 01/2018 → Present
  Cwm, Llc
  Omaha, NE
• 01/2018 → Present
  Cetera Wealth Services, Llc
  El Segundo, CA
• 01/2022 → 08/2025
  Mag Wealth Management, Llc
  Paynesville, MN
• 06/2023 → Present
  Cetera Investment Advisers Llc
  Schaumburg, IL

Previous Registrations

• 2023-06-29 → 2026-02-10
  Cetera Investment Advisers Llc
  Paynesville, MN
  Willmar, MN
  Paynesville, MN
• 2014-01-30 → 2018-01-29
  Voya Financial Advisors, Inc.
  Paynesville, MN
  Brooklyn Park, MN
  Willmar, MN

Other Businesses

1.NAME OF OTHER BUSINESS: CWM, LLC DBA CARSON GROUP PARTNERS INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: SEC REGISTERED INVESTMENT ADVISORY FIRM THAT PROVIDES PORTFOLIO MANAGEMENT, FINANCIAL PLANNING, ESTATE PLANNING AND ADDITIONAL ADVISORY SERVICES POSITION/TITLE/RELATIONSHIP: INVESTMENT ADVISORY REPRESENTATIVE START DATE: 01/2018 APX NUMBER OF HOURS PER WEEK: 40 APX NUMBER OF HOURS DURING TRADING HOURS: 32.5 BRIEF DESCRIPTION OF DUTIES: INVESTMENT ADVISOR PROVIDING ADVISORY SERVICES TO ITS CLIENTS, INCLUDING DISCRETIONARY INVESTMENT MANAGEMENT AND FINANCIAL GUIDANCE. 2. NAME OF OTHER BUSINESS: ST. CLOUD FEDERAL CREDIT UNION INVESTMENT RELATED: NO ADDRESS: 3030 1ST STREET S ST. CLOUD MN 56301 NATURE OF BUSINESS: CREDIT UNION START DATE: 02/1991 POSITION/TITLE/RELATIONSHIP: BOARD OF DIRECTORS APX NUMBER OF HOURS PER WEEK: 1 APX NUMBER OF HOURS DURING TRADING HOURS: 1 BRIEF DESCRIPTION OF DUTIES: VICE-CHAIR DIRECTOR - RESPONSIBLE FOR THE OVERSIGHT OF THE CEO AND THE CREDIT UNION. ENSURE THE CREDIT UNION IS FOLLOWING ALL POLICIES AND PROCEDURES ; 3. NAME OF OTHER BUSINESS: MAG TAX AND ACCOUNTING, LLC; INVESTMENT RELATED: NO; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: TAX AND ACCOUNTING; START DATE: 07/2023; POSITION/TITLE/RELATIONSHIP: TAX PREPARER; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: 1; BRIEF DESCRIPTION OF DUTIES: PREPARE TAXES FOR INDIVIDUALS;

Exams

• S63 Uniform Securities Agent State Law Examination
  2000-02-26

Other Names

• Frederick Donald Wurst
• Rick Wurst
• Frederick Donald Wurst