Broker Check

David V. Thomas, Jr.

President & Managing Member

Securities Registrations: Series 7 and 66

David V. Thomas Jr. is the President and Managing Member at Vaughn Asset Advisory. In this role, he provides private clients and small to medium-size business with full-service financial planning and wealth management solutions. He believes in providing truly customized recommendations and views communication between an advisor and their clients as a top priority.

Over his 15-year career within the financial planning space, David has had the pleasure of working with some of the largest names within the investment advisory space, including Wells Fargo Advisors, Merrill Lynch, and Smith Barney. In 2013, while at Wells Fargo Advisors, David was recognized as a five-star wealth manager* by Texas Monthly.

While David has spent a significant amount, time working as an advisor, but has spent an equal amount of time mentoring other financial advisors throughout his career. Through these relationships, he brings a deep network of professionals to the table that can be leveraged when clients are encountering particularly unique planning situations.

David holds a degree in Business Administration and Finance from Roanoke College in Salem, Virginia. He holds the FINRA Series 7, 66 registrations, and several proprietary professional designations from top financial institutions.

If you would like to schedule an appointment with David for an initial financial review or to learn more about Vaughn Asset Advisory please email him at dthomas@vaa-llc.com.




*The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively registered as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not: A. Been subject to a regulatory action that resulted in a registration being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria - considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth managers. Award does not evaluate quality of services provided to clients. Working with a Five Star Wealth Manager does not ensure that a client or prospective client will experience a higher level of performance or results. The inclusion of a wealth manager on the Five Star Wealth Manager Award list should not be construed as an endorsement of the wealth manager by any client nor are they representative of any one client's evaluation. The Five Star award is not indicative of the wealth manager's future performance. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. Listing in this publication and/or award is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client.om.