Dennis Patrick Thurman

Employer firm

Arete Wealth Advisors, LLC CRD 145488

$2.75B regulatory AUM 35 advisory clients

Reported services (Item 5G)

Financial planning
Portfolio management (individuals)
Portfolio management (institutions)
Pension consulting
Selection of other advisers
Periodicals / newsletters

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

Current Employers

Arete Wealth Advisors, Llc

1115 W Fulton Market 3Rd Floor, Chicago, IL 60607 • United States

Current Registrations

Authority	Category	Status	Date
AZ	RA	APPROVED	2024-01-10
ND	RA	APPROVED	2024-01-09
NE	RA	APPROVED	2024-01-05
MN	RA	APPROVED	2024-01-04
FL	RA	APPROVED	2022-03-22
TX	RA	APPROVED_RES	2017-01-23
SD	RA	APPROVED	2016-03-02

AZ RA
APPROVED

Since 2024-01-10
ND RA
APPROVED

Since 2024-01-09
NE RA
APPROVED

Since 2024-01-05
MN RA
APPROVED

Since 2024-01-04
FL RA
APPROVED

Since 2022-03-22
TX RA
APPROVED_RES

Since 2017-01-23
SD RA
APPROVED

Since 2016-03-02

Branch Locations

Sioux Falls, SD • United States

Disclosures

2 disclosure categories reported Yes on this SEC record. Read each Yes below, then review the firm’s Form ADV Item 11 guide for how disclosure questions work.

Regulatory action No
Criminal No
Bankruptcy No
Civil judicial No
Bond No
Judgment / lien Yes
Investigation No
Customer complaint Yes
Termination No

Employment History

Organization	City	State	From	To
Arete Wealth Management Llc	Chicago	IL	01/2016	Present
Arete Wealth Advisors Llc	Chicago	IL	01/2016	Present

01/2016 → Present

Arete Wealth Management Llc

Chicago, IL
01/2016 → Present

Arete Wealth Advisors Llc

Chicago, IL

Previous Registrations

2012-07-02 → 2016-01-05

First Allied Advisory Services, Inc.

Sioux Falls, SD
1999-07-06 → 2012-07-02

First Allied Securities, Inc.

Sioux Falls, SD

Sioux Falls, SD

Other Businesses

Thurman Venture Investments LLC: Partner; LLC setup for future use; start date = 10/1/15; 0 hours/month. Apatheia Growth Capital LLC: Partner; used to pay bills and track expenses; start date = 3/15/16; 0 hours/month. State of South Dakota business entity LLC, , Partner, S-Corp used for small business expenses, 5 hours per month-0 during trading hours. Start date: 6/2026.

Exams

Code	Exam	Date
S65	Uniform Investment Adviser Law Examination	1999-06-18
S63	Uniform Securities Agent State Law Examination	1993-06-14

S65 Uniform Investment Adviser Law Examination

1999-06-18
S63 Uniform Securities Agent State Law Examination

1993-06-14

View on SEC IAPD