Last Updated: September 2025 — Boise, ID
Here’s what you need to know about Boise, ID, stockbroker David D. Kluksdal:
- Name: David Dean Kluksdal
- Current Employer: Cetera Wealth Services, LLC (FINRA broker); Cetera Investment Advisers LLC (investment adviser representative)
- Prior Firms: Cetera Advisor Networks LLC (2019–2020; 2021–2023); Summit Financial Group Inc. (2019–2021); Summit Brokerage Services, Inc. (2015–2019); J.P. Turner & Company, L.L.C. (2010–2015); GunnAllen Financial, Inc. (2009–2010); The O.N. Equity Sales Company (2004–2009)
- Other Business Affiliations: Capital Financial Solutions, LLC (member/DBA); JOJ Enterprises, Inc. (owner/insurance activities); MDS Acquisitions, LLC (member); Waters Edge Business Owners Association (president); RSK, LLC (owner/member)
- CRD number: 4850332
- Stockbroker / Financial Advisor. (Registered with 1 SRO; licensed in 21 U.S. states/territories; holds SIE, Series 7 & 6; Series 65 & 63.)
- Can Broker be Sued in FINRA: Yes
- Current Customer Dispute Seeks Total Damages of: $500,000
If you’ve sustained damages from Mr. Kluksdal, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With David D. Kluksdal As Your Stockbroker?
A FINRA arbitration was filed in July 2025 in Albuquerque, NM (FINRA Case No. 25-01356) alleging breach of fiduciary duty, negligence, and failure to supervise in connection with activities that occurred while Mr. Kluksdal was associated with Cetera Advisor Networks, LLC. The claim seeks $500,000 in damages and is currently pending.
Allegations of Broker Misconduct Against David D. Kluksdal
- Breach of fiduciary duty — for retail customers, this may implicate SEC Regulation Best Interest (Rule 15l-1)requiring brokers to act in the customer’s best interest when making recommendations.
- Negligence — failure to exercise reasonable care in handling client accounts or recommendations.
- Failure to supervise — firms and responsible principals must have and enforce written supervisory procedures under FINRA Rule 3110
Recover Your Investment Losses Now With Rex Securities Law
Investigation of Cetera Financial Brokers-Lawsuits, Arbitrations & Disputes
If you have suffered investment losses in an account handled by David D. Kluksdal, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.