NewsCovering Colorado


Financial adviser sentenced 10 years to life in sex offender intensive supervised probation

Posted at 12:06 PM, Sep 06, 2018
and last updated 2018-09-06 19:56:35-04

COLORADO SPRINGS – A financial adviser accused of sexual assault on a child by a person in a position of trust for was sentenced to 10 years to life in Sex Offender Intensive Supervised Probation Thursday.

David A, Wismer III, age 51, was arrested in April 2017 on 29 charges for sex assault, assault, sexual exploitation, burglary, stalking, harassment, and criminal mischief. A judge sentenced him to 10 years to life in sex offender probation, along with 60 days in jail.

Wismer must register as a sex offender and is unable to contact anyone under 18, as the victim was a teenage girl. The victim did request for the suspect to receive probation as opposed to jail time.

Just the lone charge of sexual assault on a child by a person in a position of trust shows a guilty plea was entered.

He’s expected in court at 1:30.  News5 will bring you the latest on the case.

David A Wismer III
David A Wismer III will be sentenced on September 6th for sexual assault of a child by a person in a position of trust.

Investigators say he forced his way into the girl’s home, grabbed her by the throat and hit her head against the wall hard enough to leave dents in the drywall. A forensic nurse at Memorial Hospital evaluated the girl and determined she suffered “Serious Bodily Injury with a substantial risk of death due to strangulation.”

According to court records filed for the 2017 arrest warrant, the girl’s mother explained to Colorado Springs Police Officers that Wismer had been a family friend from church who helped them immigrate from Iran years ago.  When the girl’s parents later divorced, he helped again by paying for a two week hotel stay for mother and daughter, and even bought a car so she could get to work.

While they were staying at the hotel, the mother said Wismer began showing up and spending time with the victim by going to lunch and movie “dates.” The victim said Wismer liked the attention she showed him as being like her father.

“She said when her life got better and she needed him less he started acting ‘weird,'” Detective Mike Lee wrote in his warrant application.

The victim told officers Wismer tried to “touch” her three years ago and made statements in the past that he wished he wasn’t married to his wife but was married to her instead. The victim later told investigators Wismer had “choked, slapped, kicked and punched” her on a previous occasion.

During a follow-up interview, the victim described a five-year history of physiological and physical abuse by Mr. Wismer.

Wismer is the president of Wismer Wealth Management Group in Colorado Springs whose website indicated they have $58 million in assets under management.

Wismer has no previous criminal history.