These stocks are a good starting point for new investors, according to CNBC's top-ranked advisor

Key Points
  • David Rea is president of Salem Investment Counselors, which manages about $1.7 billion in client assets and topped CNBC's annual FA 100  ranking of financial advisory firms two years in a row. 
  • The "internet of things" is a key investing theme right now, according to Rea. 
  • There are around a dozen stocks new investors with at least $50,000 to $100,000 should consider as part of a diversified portfolio, he said.
David Rea, president of Salem Investment Counselors in Winston-Salem, North Carolina.
Salem Investment Counselors

Salem Investment Counselors topped CNBC's annual list of the top 100 financial advisory firms for the second year running.

David Rea is president of the Winston-Salem, North Carolina-based firm, which was founded in 1979 and manages more than $1.7 billion in assets for clients.

Clearly, he's got stuff figured out. 

CNBC connected with Rea to get insight into how he thinks about investing, portfolio management and what companies look good in the current market.