William Clary: $218K Complaint Against DA Davidson Advisor

A recent investor complaint against Medford, Oregon financial advisor William Clary (CRD# 2300201) alleges that he failed to prevent the potential exploitation of a client. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with DA Davidson & Company.

Mr. Clary’s BrokerCheck report discloses one investor complaint. Filed in February 2025, it alleges that as a representative of DA Davidson & Company, he breached his duties “through inaction to prevent potential financial exploitation by unknown third parties.” The pending complaint alleges damages of $281,085.40.

DA Davidson & Company’s website includes a page that describes Mr. Clary as a member of Clary Wealth Management, “a service of” the firm. “We specialize in helping clients build a plan with a big picture perspective,” this page explains. “The planning process is designed entirely around our clients’ financial circumstances, their near- and long-term goals, and their comfort with investment risk. As a result of this in-depth process, we recommend the appropriate mix of managed investments, paying special attention to the suitable allocation of invested assets.”

According to the Financial Industry Regulatory Authority, William Clary holds 32 years of securities industry experience. Based in Medford, Oregon, he has been registered as a broker and an investment advisor with DA Davidson & Company since 2009. His past registrations include Morgan Stanley Smith Barney, Citigroup Global Markets, American Express Financial Markets, IDS Life Insurance Company, and Waddell & Reed. His credentials include the passage of six securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; the National Commodity Futures Examination, or Series 3; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 33 state licenses. (Information current as of April 19, 2025.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.