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RIA / WealthAdvisordual registered (broker-dealer)19 years in industry

KARSTEN DAVID MELGAARD

Advisor at FIRST CITIZENS INVESTOR SERVICES, INC.

Moorhead, MN | Raleigh, NC

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Data as of Sep 19, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 2:09 AM UTC and rebuilt at most every 15 minutes.

Relationships: 5
Dated events: 1
On other graphs: 0
Observed: Feb 1, 2007 to Sep 19, 2026

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Current firm: FIRST CITIZENS INVESTOR SERVICES, INC.
Current firm class: broker-dealer affiliated wealth managerderived
Book size: not publicno per-advisor AUM is published by the SEC, FINRA or IAPD, and DFX estimates none
Industry start: Jan 17, 2007earliest registration or exam on IAPD
Years in industry: 19derivedfrom the industry start date
Years at current firm: 0derivedfrom the current registration's begin date
Prior firms: 4
Current registrations: 1
Registered states: 2
Exams: S66
First exam: Jan 17, 2007
First registration: Feb 1, 2007
Dual registered: yes, broker-dealer
Other names: KARSTEN MELGAARD|KARSTEN D MELGAARD
IAPD individual key: 5251092

Registration history

registration spans on IAPD; the basis says whether the span is a current registration or a prior employment record

Firm	Class	Began	Ended	Current	Branch	Basis
FIRST CITIZENS INVESTOR SERVICES, INC.	Bd affiliated wealth	Sep 10, 2026	n/a	yes	Moorhead, MN\|Raleigh, NC	Current employment
FIRST CITIZENS INVESTOR SERVICES, INC.	Bd affiliated wealth	Sep 10, 2026	n/a	yes	Moorhead, MN\|Raleigh, NC	Current employment
LPL FINANCIAL LLC	Bd affiliated wealth	Jul 19, 2023	n/a	yes	SPOONER, WI\|FARGO, ND\|PAYNESVILLE, MN\|FERGUS FALLS, MN\|LITTLE FALLS, MN\|BENSON, MN\|FARGO, ND\|MORRIS, MN\|ELBOW LAKE, MN	Current employment
LPL FINANCIAL LLC	Bd affiliated wealth	Jul 19, 2023	Sep 18, 2026	no	FORT MILL, SC\|SPOONER, WI\|FARGO, ND\|PAYNESVILLE, MN\|FERGUS FALLS, MN\|LITTLE FALLS, MN\|BENSON, MN\|FARGO, ND\|MORRIS, MN\|ELBOW LAKE, MN	Previous registration
BANCWEST INVESTMENT SERVICES, INC. (BWIS)	Former SEC adviser	Oct 4, 2010	Jul 19, 2023	no	FARGO, ND\|FARGO, ND\|BENSON, MN\|PAYNESVILLE, MN\|MORRIS, MN\|WHEATON, MN\|FERGUS FALLS, MN\|ELBOW LAKE, MN\|MARSHALL, MN\|FARGO, ND\|FARGO, ND\|WAHPETON, ND\|BRECKENRIDGE, MN\|ADA, MN\|WORTHINGTON, MN\|SPOONER, WI\|LITTLE FALLS, MN	Previous registration
BANCWEST INVESTMENT SERVICES, INC. (BWIS)	Former SEC adviser	Oct 4, 2010	Jul 19, 2023	no	FARGO, ND\|FARGO, ND\|BENSON, MN\|PAYNESVILLE, MN\|MORRIS, MN\|WHEATON, MN\|FERGUS FALLS, MN\|ELBOW LAKE, MN\|MARSHALL, MN\|FARGO, ND\|FARGO, ND\|WAHPETON, ND\|BRECKENRIDGE, MN\|ADA, MN\|WORTHINGTON, MN\|SPOONER, WI\|LITTLE FALLS, MN	Previous registration
EFS ADVISORS	Bd affiliated wealth	Jun 2, 2008	Aug 3, 2010	no	CAMBRIDGE, MN	Previous registration
EFS ADVISORS	Bd affiliated wealth	Jun 2, 2008	Aug 3, 2010	no	CAMBRIDGE, MN	Previous registration
EDWARD JONES	National bd RIA	Feb 1, 2007	Apr 2, 2008	no	ST LOUIS, MO\|DILWORTH, MN\|FARGO, ND	Previous registration

Moves

a move is two registration dates; a bulk corporate re-registration is typed BULK_TRANSFER and is not a move

From	To	Left	Joined	Gap, days	Kind	Move type
LPL FINANCIAL LLC	FIRST CITIZENS INVESTOR SERVICES, INC.	Sep 18, 2026	Sep 10, 2026	-8	Firm change	Ibd to ibd
BANCWEST INVESTMENT SERVICES, INC. (BWIS)	LPL FINANCIAL LLC	Jul 19, 2023	Jul 19, 2023	0	Bulk transfer	Ibd to ibd
EFS ADVISORS	BANCWEST INVESTMENT SERVICES, INC. (BWIS)	Aug 3, 2010	Oct 4, 2010	62	Firm change	Other
EDWARD JONES	EFS ADVISORS	Apr 2, 2008	Jun 2, 2008	61	Firm change	Other

Relationships

Registered with (5)

→ FIRST CITIZENS INVESTOR SERVICES, INC.Registered adviserregistration: current employment
Sep 10, 2026 to presentfactForm ADV
→ LPL FINANCIAL LLCRegistered adviserregistration: current employment
Jul 19, 2023 to presentfactForm ADV
→ BANCWEST INVESTMENT SERVICES, INC. (BWIS)Registered adviserregistration: previous registration
Oct 4, 2010 to Jul 19, 2023factForm ADV
→ EFS ADVISORSRegistered adviserregistration: previous registration
Jun 2, 2008 to Aug 3, 2010factForm ADV
→ EDWARD JONESRegistered adviserregistration: previous registration
Feb 1, 2007 to Apr 2, 2008factForm ADV

Dated events

Occurred
Sep 18, 2026
Advisor changed firm
Karsten David Melgaard left LPL Financial LLC for First Citizens Investor Services, Inc. (registered 2026-09-10)
Form ADVobserved yesterday