# David Thomas

> David Thomas is a fee-only financial advisor at Equitas Capital Advisors in New Orleans, Louisiana. Equitas Capital Advisors reports charging a percentage of assets and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/david-thomas/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Equitas Capital Advisors
- **Based in:** New Orleans, Louisiana
- **Fee model (firm's Form ADV):** Percentage of assets; Fixed fees
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $214.2M across 46 accounts
- **Works with:** Ultra high net worth, Multi-generational families
- **CRD:** 717970 (https://adviserinfo.sec.gov/individual/summary/717970)
- **SEC registration:** Investment adviser representative in LA, TX
- **Exams passed:** Series 63 (1980), Series 65 (1993)
- **Firm size:** 6 employees
- **Disclosures:** Reported; see the SEC record
- **Website:** http://www.equitas-capital.com/

## Frequently asked questions

### Is David Thomas a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: David holds no broker registration, and Equitas Capital Advisors reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does David charge for financial advice?

David's firm, Equitas Capital Advisors, reports charging a percentage of assets and fixed fees on its SEC Form ADV.

### Where is David Thomas based?

David Thomas is based in New Orleans, Louisiana.

### Is David Thomas registered with the SEC?

Yes. David Thomas is registered as an investment adviser representative in LA and TX (CRD 717970), per SEC Investment Adviser Public Disclosure data as of October 29, 2026. The record lists disclosures; see the SEC record for details.

### How much does Equitas Capital Advisors manage?

Equitas Capital Advisors reports $214.2M across 46 accounts in assets under management.

### How do I contact David Thomas?

Through David's website, www.equitas-capital.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/717970): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://equitas.capital/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.