Scott Thomas Faust

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

• 12/2015 → 01/2025
  First Command Advisory Services
  Fort Worth, TX
• 10/2014 → 01/2025
  First Command Brokerage Services, Inc.
  Fort Worth, TX
• 10/2014 → 01/2025
  First Command Insurance Services, Inc.
  Fort Worth, TX
• 01/2025 → Present
  Cwm, Llc
  Omaha, NE
• 01/2025 → Present
  Diamond Wealth Advisors
  Falls Church, VA

Previous Registrations

• 2015-12-15 → 2025-03-03
  First Command Advisory Services
  Fort Worth, TX
  Arlington, VA
  Fort Worth, TX
• 2014-06-27 → 2015-12-15
  First Command Brokerage Services, Inc.
  Alexandria, VA
  Arlington, VA

Other Businesses

FIXED INSURANCE NATURE: Insurance START: 9/8/2014 APPX. HRS/MONTH: 2 PERCENTAGE HRS/MONTH DURING TRADING HOURS: 2 POSITION: INSURANCE AGENT DUTIES: Sells Life, Health, Disability, Annuities & LTC NAME OF OTHER BUSINESS: Faust Advisory Services LLC NATURE OF BUSINESS: LLC established to receive 1099 compensation from Diamond Wealth Advisors. No other business activities aside from those related to Carson. START DATE: 05/01/2026 POSITION/TITLE/RELATIONSHIP: Member APX NUMBER OF HOURS PER WEEK: 160 APX NUMBER OF HOURS DURING TRADING HOURS: 100 BRIEF DESCRIPTION OF DUTIES: Owner/Operator

Exams

• S65 Uniform Investment Adviser Law Examination
  2014-06-26
• S63 Uniform Securities Agent State Law Examination
  2014-04-12