Duane M Toney

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

• 09/2006 → 12/2016
  Cambridge Investment Research, Inc
  Fairfield, IA
• 09/2006 → 12/2016
  Cambridge Investment Research Advisors, Inc
  Fairfield, IA
• 01/2017 → Present
  Cwm, Llc
  Omaha, NE
• 01/2017 → 02/2023
  Cetera Advisor Networks
  El Segundo, CA
• 11/2015 → 01/2022
  Pantheon Wealth Advisors Dba Signal Wealth Advisors
  Centerville, UT
• 02/2022 → 06/2025
  Carson Wealth
  Midvale, UT
• 06/2025 → Present
  Carson Wealth
  Salt Lake City, UT

Previous Registrations

• 2006-09-30 → 2016-12-31
  Cambridge Investment Research Advisors, Inc.
  Salt Lake City, UT
• 2003-02-14 → 2006-10-02
  First Western Advisors
  Salt Lake City, UT
  Salt Lake City, UT

Other Businesses

NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: FIXED INSURANCE START DATE: 01/2017 APX NUMBER OF HOURS PER WEEK: VARIES APX NUMBER OF HOURS DURING TRADING HOURS: VARIES POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT BRIEF DESCRIPTION OF DUTIES: SELLS LIFE, HEALTH, DISABILITY, ANNUITIES AND LONG TERM CARE NAME OF OTHER BUSINESS: DUANE TONEY CPA/PFS INVESTMENT RELATED: NO ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: ACCOUNTING START DATE: 2015 POSITION/TITLE/RELATIONSHIP: CPA APX NUMBER OF HOURS PER WEEK: MINIMAL APX NUMBER OF HOURS DURING TRADING HOURS: MINIMAL BRIEF DESCRIPTION OF DUTIES: TAX CONSULTING NAME OF OTHER BUSINESS: LEGACY INSURANCE PLANNING, LLC INVESTMENT RELATED: YES ADDRESS: 455 E 500 S SUITE 305 SALT LAKE CITY UT 84111 NATURE OF BUSINESS: INSURANCE START DATE: 05/2005 POSITION/TITLE/RELATIONSHIP: INSURANCE SALES APX NUMBER OF HOURS PER WEEK: MINIMAL APX NUMBER OF HOURS DURING TRADING HOURS: MINIMAL BRIEF DESCRIPTION OF DUTIES: MARKETING AND SALE OF FIXED INSURANCE PRODUCTS NAME OF OTHER BUSINESS: OXFORD FINANCIAL GROUP INVESTMENT RELATED: YES ADDRESS: 455 E 500 S SUITE 305 SALT LAKE CITY UT 84111 NATURE OF BUSINESS: INSURANCE START DATE: 05/2005 POSITION/TITLE/RELATIONSHIP: INSURANCE SALES APX NUMBER OF HOURS PER WEEK: 1 APX NUMBER OF HOURS DURING TRADING HOURS: 1 BRIEF DESCRIPTION OF DUTIES: MARKETING AND SALE OF FIXED INSURANCE PRODUCTS NAME OF OTHER BUSINESS: CAMBRIDGE FINANCIAL CENTER INVESTMENT RELATED: YES ADDRESS: 6440 WASATCH BLVD #150 HOLLADAY UT NATURE OF BUSINESS: INSURANCE START DATE: 09/2009 POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT APX NUMBER OF HOURS PER WEEK: 1 APX NUMBER OF HOURS DURING TRADING HOURS: 1 BRIEF DESCRIPTION OF DUTIES: INSURANCE SALES NAME OF OTHER BUSINESS: PLAN YOUR SUCCESSION, LLC INVESTMENT RELATED: YES NATURE OF BUSINESS: OPERATING COMPANY START DATE: 11/01/2023 POSITION/TITLE/RELATIONSHIP: MANAGING MEMBER APX NUMBER OF HOURS PER WEEK: 35 APX NUMBER OF HOURS DURING TRADING HOURS: 90 BRIEF DESCRIPTION OF DUTIES: MANAGING MEMBER DUTIES NAME OF OTHER BUSINESS: EOS MASTERMIND GROUPS INVESTMENT RELATED: NO NATURE OF BUSINESS: ENTREPRENEURIAL OPERATING SYSTEM® START DATE: 7/5/2024 POSITION/TITLE/RELATIONSHIP: EOS COMMUNITY NETWORK LEADER APX NUMBER OF HOURS PER WEEK: 2 PERCENTAGE OF HOURS DURING TRADING HOURS: 1 BRIEF DESCRIPTION OF DUTIES: TEAM LEADER NAME OF OTHER BUSINESS: Capitaliz Accredited Advisor INVESTMENT RELATED: NO NATURE OF BUSINESS: Sales, Coaching & Project Reporting the Capitaliz value acceleration system START DATE: 07/15/2025 POSITION/TITLE/RELATIONSHIP: Capitaliz Accredited Advisor APX NUMBER OF HOURS PER WEEK: 30 APX NUMBER OF HOURS DURING TRADING HOURS: 20 BRIEF DESCRIPTION OF DUTIES: I sell, coach and project report the Capitaliz Value Acceleration system

Exams

• S66 Uniform Combined State Law Examination
  2003-02-12

Designations

• Personal Financial Specialist