B Broker Regulated by FINRA, CONSOB
IAB
Investment Advisor
An investment advisor is an individual or company that is paid to provide investment advice to its clients
State registrations
B Berlin
B Florida
IA Dallas
B North Carolina
B Newyork
B Saxony
IA California
B Thuringia
Not all jurisdictions require IAR registration or have an exemption from registration.
The contents of this summary and the available detailed report are subject to FINRA Rule 8312 and are based primarily on information filed on uniform registration statements. Rule 8312, amendments to the rule, and notices related to U.S. Securities and Exchange Commission approval orders can be found here.
State regulators are subject to their public records laws (not FINRA Rule 8312) and may provide information not included in BrokerCheck, including information that is no longer required to be reported or updated on Uniform Registration Forms due, for example, to its age or final disposition. You may contact your state regulator to request this additional information.
B Makler
A broker-dealer, also called a broker-dealer, buys and sells securities—stocks, bonds, mutual funds, and certain other investment products—on behalf of its client (as a broker), for its own bank (as a dealer), or both. People who work for broker-dealers—the sales staff—are commonly referred to as brokers.
IAB
Investment advisor
advisor is paid to advise clients on securities. In addition, some investment advisors manage investment portfolios and provide financial planning services.
It's common for a financial professional to serve as both a broker and an investment advisor. For this reason, we include investment advisors in BrokerCheck and provide links to the SEC Investment Adviser Public Disclosure (IAPD) website for further research.
Disclosures may include customer complaints or arbitration proceedings, regulatory actions, employment terminations, bankruptcy filings, and certain civil or criminal proceedings in which they have been involved.