Michael Shane David

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

• 10/2004 → 01/2017
  Lpl Financial, Llc
  Amarillo, TX
• 05/2004 → 10/2018
  Pinnacle Financial Group
  Amarillo, TX
• 04/2013 → Present
  Cwm, Llc
  Omaha, NE
• 01/2017 → 08/2022
  Cetera Advisor Networks Llc
  El Segundo, CA
• 10/2018 → Present
  Carson Wealth
  Amarillo, TX

Previous Registrations

• 2017-01-17 → 2022-08-03
  Cetera Wealth Services, Llc
  Amarillo, TX
  Tucson, AZ
  The Woodlands, TX
  Southlake, TX
  Hamilton, TX
• 2004-10-06 → 2017-04-27
  Lpl Financial Llc
  Southlake, TX
  Amarillo, TX
  Waco, TX
  Amarillo, TX
  Southlake, TX
  Amarillo, TX
  Omaha, NE
• 2005-01-01 → 2013-10-04
  Pinnacle Financial Group
  Amarillo, TX
• 2004-06-15 → 2004-12-31
  Pinnacle Financial Group
  Amarillo, TX
• 1999-07-16 → 2004-06-07
  Summit Financial Group
  Amarillo, TX

Other Businesses

1. NAME OF BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES INVESTMENT RELATED: YES; SAME AS REGISTERED LOCATION NATURE OF BUSINESS: FIXED INSURANCE START DATE: 01/2017 APX # OF HRS PER WK: VARIES APX # OF HRS DURING TRADING HRS: VARIES POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT; DESCRIPTION OF DUTIES: SELLS LIFE, DISABILITY, ANNUITIES AND LONG TERM CARE 2. NAME OF OTHER BUSINESS: SERIES HIGH PLAINS OF ERS SECURAS INVESTMENT RELATED: YES ADDRESS: AMARILLO, TX NATURE OF BUSINESS: INSURANCE FOR MKD FINANCIAL SERVICES START DATE: 06/2013 POSITION: OWNER APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 1 DESCRIPTION OF DUTIES: OWNER 3. NAME OF BUSINESS: MKD MANAGEMENT, LLC INVESTMENT RELATED: YES; SAME AS REGISTERED LOCATION NATURE OF BUSINESS: BUSINESS ENTITY START DATE: 06/2004 POSITION: OWNER APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 0 DESCRIPTION OF DUTIES: LLC FOR ACCOUNTING PURPOSES ONLY 4. NAME OF BUSINESS: MKD FINANCIAL SERVICES, LLC INVESTMENT RELATED: YES; SAME AS REGISTERED LOCATION NATURE OF BUSINESS: BUSINESS ENTITY START DATE: 04/2018 POSITION: OWNER APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 0 DESCRIPTION OF DUTIES: LLC FOR ACCOUNTING PURPOSES ONLY 5. NAME OF BUSINESS: BERNER DAVID, LLC INVESTMENT RELATED: NO ADDRESS: 7706 LONDON COURT, AMARILLO, TX 79119 NATURE OF BUSINESS: AVIATION START DATE: 01/2018 POSITION: MEMBER MANAGER APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 0 DESCRIPTION OF DUTIES: PARTNERSHIP THAT OWNS AN AIRPLANE HANGER 6. NAME OF BUSINESS: N910G AVIATION, LLC INVESTMENT RELATED: NO ADDRESS: 7420 GOLDEN POND, SUITE 100. AMARILLO, TX 79121 NATURE OF BUSINESS: AVIATION START DATE: 04/2018 POSITION: MANAGER/NON-PARTNER APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 0 DESCRIPTION OF DUTIES: PARTNERSHIP OWNS A PRIVATE AIRCRAFT 7.NAME OF BUSINESS: PFG REALTY, LLC INVESTMENT RELATED: NO ADDRESS: 4501 FIRST UNITED BANK PARKWAY, SUITE 201, AMARILLO, TX 79119 NATURE OF BUSINESS: REAL ESTATE START DATE: 10/2017 POSITION: PARTNER WITH SPOUSE APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 0 DUTIES: CONSTRUCTION OF COMMERCIAL BUILDING 8. NAME OF BUSINESS: TEJAMA, LLC INVESTMENT RELATED: NO ADDRESS: 7000 SW 9TH AVE., AMARILLO, TX 79106 NATURE OF BUSINESS: AVIATION START DATE: 06/2014 POSITION: MEMBER MANAGER APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 0 DESCRIPTION OF DUTIES: PARTNERSHIP OWNS A PRIVATE AIRCRAFT 9. NAME OF BUSINESS: 5 STONE RANCH & 5 STONE RANCH CATTLE & HUNT INVESTMENT RELATED: NO ADDRESS: 16112 E. GREASY RD, STRINGTOWN, OK 74569 NATURE OF BUSINESS: RANCH START DATE: 07/2020 POSITION: OWNER APX # OF HRS PER WK: 1 APX # OF HRS DURING TRADING HRS: 0 DESCRIPTION OF DUTIES: OWNERSHIP GROUP MAKES DECISIONS 10. NAME OF OTHER BUSINESS: CARSON SHAFER ACCOUNTING & TAX SERVICES, LLC INVESTMENT RELATED: NO ADDRESS: 13710 STRUTHERS ROAD #220 COLORADO SPRINGS, CO 80921 NATURE OF BUSINESS: TAX AND ACCOUNTING SERVICES START DATE: 6/2021 POSITION: MEMBER APX # OF HRS PER WK: 2 APX # OF HRS DURING TRADING HRS: 0 DESCRIPTION OF DUTIES: DBA FOR TAX & ACCOUNTING SERVICES 11. NAME OF OTHER BUSINESS: KIDS, INC FOUNDATION INVESTMENT RELATED: NO ADDRESS: 2201 E 27TH AVE AMARILLO TX 79103 NATURE OF BUSINESS: NON-PROFIT START DATE: 01/2015 POSITION: BOARD MEMBER APX # OF HRS PER WK: >1 APX # O

Exams

• S65 Uniform Investment Adviser Law Examination
  1999-03-01
• S63 Uniform Securities Agent State Law Examination
  1997-07-09