Michael Davis Arp
Financial advisor at Kestra Advisory Services, LLC · Amarillo, TX
Last updated 2026-10-10
Claim your profileMichael Davis Arp is a financial advisor at Kestra Advisory Services, LLC in Amarillo, TX, CRD 4674856. Licenses and exams on the registration: Series 66. IAPD registration began 2003-08-25.
Registration
- CRD number
- 4674856
- Registration status
- Active
- IAPD registration
- 2003-08-25
- Industry Experience
- 23 years
- Work Experience
- 17 years
- States registered
- TX
Licenses and exams
- Series 66
Work history
- 2016-04 to Present · Kestra Advisory Services, LLC · Amarillo, TX
- 2009-09 to Present · Kestra Investment Services, LLC · Amarillo, TX
Current employment
- Kestra Advisory Services, LLC · Austin, TX
Kestra Advisory Services, LLC
- Regulatory AUM
- $79,798,091,767
- Registered advisors
- 1,479
- Offices
- 1,251
- Clients per advisor
- 79.4 (Moderate)
- Average AUM per client
- $679.7K (Low)
- High-net-worth client ratio
- 22.3% (Moderate)
Kestra Advisory Services, LLC: advisors, services and reported ETF investments
About
Michael Davis Arp is a financial advisor at Kestra Advisory Services, LLC in Amarillo, TX. Reported securities licenses include Series 66. The latest record indicates 23 years of industry experience and 17 years of reported work history. Reported roles include Kestra Investment Services, LLC.
SEC disclosures list additional business and community activities: Name: Brookdale Investments Investment Related: Yes Address: 2201 Civic Circle: Name: kestra advisory services, llc investment related: yes address: 5707 southwest parkway building 2, suite 400 austin tx 78735 nature of business: investment advisory services through kestra advisory services, llc position, title or relationship: investment advisor representative start date: 4/4/2016 hours per month: up to 100% (0 to 160 hours) hours per month during trading hours: up to 100% (0 to 160 hours) duties: investment advisory services.
Kestra Advisory Services, LLC's firm-level Form ADV reports 1,479 advisors across 1,251 offices; approximately 79.4 clients per advisor, average assets per client of $679,694, and regulatory AUM of $79.8B; client categories including Individuals (non-HNW), High net worth individuals, Pension and profit-sharing plans, Charitable organizations, Insurance companies, Corporations or other businesses; services including Financial Planning Services, Portfolio Management: Individuals and Small Businesses, Portfolio Management: Businesses or Institutional Clients, Pension Consulting Services, Selection of Other Advisers.
PortfolioFuture's firm-level 13F analysis covers $18.2B across 1,410 reported ETF positions for the 2026-06-30 reporting period. These are firm-level disclosures, not investments attributed to Michael Davis Arp personally.
Reported ETF positions
Kestra Advisory Services reports 1,410 ETF positions worth $18.2B on Form 13F; the largest are listed.
| Fund | Reported value |
|---|---|
| QQQ — Invesco QQQ Trust, Series 1 | $588.7M |
| IVV — iShares Core S&P 500 ETF | $579.4M |
| SPY — SPDR S&P 500 ETF TRUST | $398.8M |
| CGDV — Capital Group Dividend Value ETF | $342.7M |
| VOO — Vanguard S&P 500 ETF | $333.1M |
Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
Noteworthy reported investments
Kestra Advisory Services's strongest reported position on each research ranking. Institution-level evidence, not this advisor's or any client's holding.
| Ranking | Fund | Reported value | Percentile | Key figures |
|---|---|---|---|---|
| Similar Fund Ranking | CGDV — Capital Group Dividend Value ETF | $342.7M | Top 99.9% | Peer conviction 86.4% · Active return +5.44% |
| Addressable Market | DYNF — iShares U.S. Equity Factor Rotation Active ETF | $63.6M | Top 99.9% | Addressable AUM $14.9T · Peer conviction 86.8% |
| Residual Alpha | FESM — Fidelity Enhanced Small Cap Core ETF | $38.2M | Top 99.7% | Residual alpha +4.57% · Residual Sharpe 0.20 |
| Diversification Benefits | ACYN — FT Vest Laddered Autocallable Barrier & Income ETF | $59.8M | Top 98.7% | Replicability (R²) 58.1% · Residual Sharpe 3.94 |
Historical comparisons from the published research release formed 2026-10-02; not forecasts or recommendations. Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
What this firm offers
Filed by Kestra Advisory Services, LLC on Form ADV.
Client services
- Financial Planning Services
- Individuals and Small Businesses
- Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Other Advisers
Fee options
- Percentage of Assets Under Management
- Hourly Charges
- Fixed Fees (Other Than Subscription)
Business and affiliations
- Broker-Dealer or Municipal Securities Dea
- Other Investment Adviser (Incl. Financial
- Trust Company
- Insurance Company or Agency
Location
2201 Civic Circle, Amarillo, TX 79109
1 advisor at this office.
Contact
The firm's filed contact details.
- Phone: 8445537872
- Website: kestrafinancial.com
- Youtube
Official record
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