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RIA / WealthAdvisorCertified Financial Planner24 years in industry

Derrick Salvador Avelar

Advisor at SIMPLICITY WEALTH

SUMMIT, NJ | Medina, MN

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Search this name across graphsid dfx:ria:f0873d5f-3961-bafd-bb8a-20e8df3c50c7

Data as of Sep 14, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:29 AM UTC and rebuilt at most every 15 minutes.

Relationships: 5
Dated events: 1
On other graphs: 0
Observed: Jan 30, 2014 to Sep 14, 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: SIMPLICITY WEALTH
Current firm class: mixed wealth managerderived
Book size: not publicno per-advisor AUM is published by the SEC, FINRA or IAPD, and DFX estimates none
Industry start: Sep 9, 2002earliest registration or exam on IAPD
Years in industry: 24derivedfrom the industry start date
Years at current firm: 0derivedfrom the current registration's begin date
Prior firms: 4
Current registrations: 1
Registered states: 1
Designations: Certified Financial Planner
Exams: S63
First exam: Sep 9, 2002
First registration: Jan 30, 2014
Dual registered: no
Other names: DERRICK S AVELAR
IAPD individual key: 4525281

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
SIMPLICITY WEALTH	Mixed wealth	Jan 6, 2026	n/a	yes	SUMMIT, NJ\|Medina, MN	Current employment
KINGSWOOD WEALTH ADVISORS, LLC	Bd affiliated wealth	Aug 18, 2021	Oct 31, 2025	no	SAN DIEGO, CA\|Medina, MN	Previous registration
BENCHMARK ADVISORY SERVICES, LLC	No RAUM reported	Aug 17, 2021	Aug 18, 2021	no	SAN DIEGO, CA\|Medina, MN	Previous registration
CREATIVE PLANNING	Independent wealth	May 23, 2017	Aug 17, 2021	no	Bloomington, MN\|OVERLAND PARK, KS\|BLOOMINGTON, MN	Previous registration
ADVANCED CAPITAL GROUP	Institutional manager	Jan 30, 2014	Dec 31, 2017	no	MINNEAPOLIS, MN	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
KINGSWOOD WEALTH ADVISORS, LLC	SIMPLICITY WEALTH	Oct 31, 2025	Jan 6, 2026	67	Firm change	Ibd to RIA
BENCHMARK ADVISORY SERVICES, LLC	KINGSWOOD WEALTH ADVISORS, LLC	Aug 18, 2021	Aug 18, 2021	0	Firm change	RIA to RIA
CREATIVE PLANNING	BENCHMARK ADVISORY SERVICES, LLC	Aug 17, 2021	Aug 17, 2021	0	Firm change	RIA to RIA
ADVANCED CAPITAL GROUP	CREATIVE PLANNING	Dec 31, 2017	May 23, 2017	-222	Firm change after gap	Other

Relationships

Registered with (5)

→ SIMPLICITY WEALTHRegistered adviserregistration: current employment
Jan 6, 2026 to presentfactForm ADV
→ KINGSWOOD WEALTH ADVISORS, LLCRegistered adviserregistration: previous registration
Aug 18, 2021 to Oct 31, 2025factForm ADV
→ BENCHMARK ADVISORY SERVICES, LLCRegistered adviserregistration: previous registration
Aug 17, 2021 to Aug 18, 2021factForm ADV
→ CREATIVE PLANNINGRegistered adviserregistration: previous registration
May 23, 2017 to Aug 17, 2021factForm ADV
→ ADVANCED CAPITAL GROUPRegistered adviserregistration: previous registration
Jan 30, 2014 to Dec 31, 2017factForm ADV

Dated events

Occurred
Oct 31, 2025
Advisor changed firm
Derrick Salvador Avelar left Kingswood Wealth Advisors, Llc for Simplicity Wealth (registered 2026-01-06)
Form ADVobserved 5 days ago