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David John Pederson

Cetera Investment Advisers LLC

Elk River, MN

CRD 849986

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Employer firm

Cetera Investment Advisers LLC CRD 105644

$257B regulatory AUM 24,019 advisory clients

Reported services (Item 5G)

  • Financial planning
  • Portfolio management (individuals)
  • Portfolio management (institutions)
  • Pension consulting
  • Selection of other advisers
  • Educational seminars

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

Current Employers
Cetera Investment Advisers Llc

1450 American Lane 6Th Floor, Suite 650, Schaumburg, IL 60173-2096 • United States

Current Registrations

AuthorityCategoryStatusDate
MN RA APPROVED 2026-03-26
  • MN RA
    APPROVED
    Since 2026-03-26

Branch Locations

11040 183Rd Circle Nw St A, Elk River, MN 55330 • United States

Disclosures

1 disclosure category 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 No
  • Investigation No
  • Customer complaint Yes
  • Termination No
Employment History
OrganizationCityStateFromTo
C.R.I. Securities, Inc. Minneapolis MN 03/1996 10/2021
North Star Consultants, Inc. Minneapolis MN 03/1996 Present
Midwest Wealth Advisors Rogers MN 08/2012 Present
Minnesota Life Insurance Co. St. Paul MN 03/1996 08/2023
Securian Financial Services, Inc. St. Paul MN 03/1996 08/2023
Cetera Wealth Services, Llc Elk River MN 08/2023 Present
Cetera Investment Advisers Llc Schaumburg IL 08/2023 Present
  • 03/1996 → 10/2021
    C.R.I. Securities, Inc.
    Minneapolis, MN
  • 03/1996 → Present
    North Star Consultants, Inc.
    Minneapolis, MN
  • 08/2012 → Present
    Midwest Wealth Advisors
    Rogers, MN
  • 03/1996 → 08/2023
    Minnesota Life Insurance Co.
    St. Paul, MN
  • 03/1996 → 08/2023
    Securian Financial Services, Inc.
    St. Paul, MN
  • 08/2023 → Present
    Cetera Wealth Services, Llc
    Elk River, MN
  • 08/2023 → Present
    Schaumburg, IL
Previous Registrations
  • 2007-07-26 → 2023-08-10
    Securian Financial Services, Inc.
    Elk River, MN
    Minneapolis, MN
    Minneapolis, MN
    St. Paul, MN
  • 2007-07-26 → 2021-10-28
    Cri Securities, Llc
    Elk River, MN
    Minneapolis, MN
    Minneapolis, MN
Other Businesses

MIDWEST WEALTH ADVISORS POSITION: Owner NATURE: DBA INVESTMENT RELATED: No NUMBER OF HOURS: 120 SECURITIES TRADING HOURS: 120 START DATE: 04/01/2012 ADDRESS: , Rogers MN , United States DESCRIPTION: Owner NORTH STAR CONSULTANTS & NORTH STAR BROKERAGE POSITION: Agent/Broker NATURE: Fixed Insurance Sales INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 06/01/2011 ADDRESS: , Minneapolis MN , United States DESCRIPTION: Agent/Broker BALANCED PLANNING SEVICES POSITION: Agent/Broker NATURE: Fixed Insurance Sales INVESTMENT RELATED: No NUMBER OF HOURS: 16 SECURITIES TRADING HOURS: 16 START DATE: 06/01/1996 ADDRESS: 4650 Goldenrod Ln, Plymouth MN 55442, United States DESCRIPTION: Maintain group clients

Exams
CodeExamDate
S63 Uniform Securities Agent State Law Examination 2000-03-17
  • S63 Uniform Securities Agent State Law Examination
    2000-03-17

View on SEC IAPD

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