James N. Barnes

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CRD#: 1098985

Professional summary

Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

James N Barnes, who also goes by James Newton Barnes, was a registered financial professional .

James is a previously registered financial professional and started their career in finance in 1983. James had worked at 6 firms and has passed the Series 66, Series 63, SIE, Series 7 and Series 3 exams.

Question & Answer

Are you a "fiduciary"?

Aliases

James Newton Barnes

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Past

March 19, 2014 - December 31, 2014

MIDWESTERN SECURITIES TRADING COMPANY, LLC

RIA

CRD#: 101080

SHOREWOOD, IL

Past

March 19, 2014 - December 31, 2014

MIDWESTERN SECURITIES TRADING COMPANY, LLC

CRD#: 101080

SHOREWOOD, IL

Past

May 4, 2010 - September 3, 2013

BMO HARRIS FINANCIAL ADVISORS, INC.

RIA

CRD#: 137115

WEST DUNDEE, IL

Past

May 4, 2010 - September 3, 2013

BMO HARRIS FINANCIAL ADVISORS, INC.

CRD#: 137115

WEST DUNDEE, IL

Past

June 1, 2009 - April 27, 2010

MORGAN STANLEY

RIA

CRD#: 149777

CHICAGO, IL

Past

June 1, 2009 - April 27, 2010

MORGAN STANLEY

CRD#: 149777

CHICAGO, IL

Past

February 4, 2009 - June 1, 2009

MORGAN STANLEY & CO. LLC

RIA

CRD#: 8209

CHICAGO, IL

Past

January 1, 2009 - June 1, 2009

MORGAN STANLEY & CO. LLC

CRD#: 8209

CHICAGO, IL

Past

July 8, 1985 - August 20, 1988

MORGAN STANLEY DW INC.

CRD#: 7556

Past

March 22, 1983 - July 12, 1985

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CRD#: 7691

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

MIDWESTERN SECURITIES TRADING COMPANY, LLC

LIGHTHOUSE FINANCIAL INSTITUTION MARKETING SOLUTIONS | MIDWESTERN SECURITIES TRADING COMPANY, LLC | MIDWESTERN SECURITIES TRADING COMPANY | MIDWESTERN SECURITIES TRADING CO.,LLC

CRD#: 101080 / SEC#: 801-77948, 8-52074

RIA

Registered Investment Advisory firm - SEC (4/18/2013 Approved)

Illinois

Registered Investment Advisory firm - SEC (4/18/2013 Terminated)

Michigan

Registered Investment Advisory firm - SEC (5/23/2013 Terminated)

Missouri

Registered Investment Advisory firm - SEC (5/22/2013 Terminated)

New York

Registered Investment Advisory firm - SEC (5/22/2013 Terminated)

Texas

Registered Investment Advisory firm - SEC (10/31/2013 Terminated)

Broker-Dealer Firm Regulated by FINRA (Chicago district office)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 66

Date: 2/2/2009

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 4/13/1983

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 12/31/2014

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 12/31/2008

General Securities Representative Examination

General Industry/Product Exam

Series 3

Date: 5/21/1986

National Commodity Futures Examination

Current Firm

MIDWESTERN SECURITIES TRADING COMPANY, LLC

LIGHTHOUSE FINANCIAL INSTITUTION MARKETING SOLUTIONS | MIDWESTERN SECURITIES TRADING COMPANY, LLC | MIDWESTERN SECURITIES TRADING COMPANY | MIDWESTERN SECURITIES TRADING CO.,LLC

CRD#: 101080 / SEC#: 801-77948, 8-52074

RIA

Registered Investment Advisory firm - SEC (4/18/2013 Approved)

Illinois

Registered Investment Advisory firm - SEC (4/18/2013 Terminated)

Michigan

Registered Investment Advisory firm - SEC (5/23/2013 Terminated)

Missouri

Registered Investment Advisory firm - SEC (5/22/2013 Terminated)

New York

Registered Investment Advisory firm - SEC (5/22/2013 Terminated)

Texas

Registered Investment Advisory firm - SEC (10/31/2013 Terminated)

Broker-Dealer Firm Regulated by FINRA (Chicago district office)

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Contact information

Main Address

235 Everett St, East Peoria, IL 61611

Mailing Address

235 Everett St P.o. Box 2528, East Peoria, IL 61611

Phone number

(309) 699-6786

Established

Illinois since 12/10/1999

Firm type

Limited Liability Company

Fiscal year end

December

Firm Size

Small

# of Employees

104

SEC notice filing (38 States and Territories)

FINRA licenses (37 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

ADV PART 2A MIDWESTERN SECURITIES TRADING COMPANY LLC (6/30/2025)

MSTC WRAP FEE PROGRAM BROCHURE (6/30/2025)

PART2B FOR IARS OF MSTC (REQUESTED BY NY) (3/31/2025)

Direct owners and executive officers

Name	Position	CRD#
GRAHAM, MICHAEL JOHN	CHIEF EXECUTIVE OFFICER/PRESIDENT	2726573
WHITE, NATHAN WILLIAM	CHIEF FINANCIAL OFFICER/VICE PRESIDENT	4384158
TARABOLETTI, CASSANDRA LEE	CHIEF OPERATIONS OFFICER/2ND VICE PRESIDENT	5090888
WEBER, JEFFREY LEE	CHIEF COMPLIANCE OFFICER	2709671

Regulatory assets under management

Total Number of Accounts	10,329
AUM (Assets Under Management)	$ 1,627,322,417

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Firm Stability Insights

James N. Barnes

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

MIDWESTERN SECURITIES TRADING COMPANY, LLC

BMO HARRIS FINANCIAL ADVISORS, INC.

BMO HARRIS FINANCIAL ADVISORS, INC.

MORGAN STANLEY

MORGAN STANLEY

MORGAN STANLEY & CO. LLC

MORGAN STANLEY & CO. LLC

MORGAN STANLEY DW INC.

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

Primary Firm SEC Registration

MIDWESTERN SECURITIES TRADING COMPANY, LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 2/2/2009

Series 63

Date: 4/13/1983

SIE

Date: 12/31/2014

Series 7

Date: 12/31/2008

Series 3

Date: 5/21/1986

Current Firm

MIDWESTERN SECURITIES TRADING COMPANY, LLC

Contact information

SEC notice filing (38 States and Territories)

FINRA licenses (37 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Red Flags

Company Information

MIDWESTERN SECURITIES TRADING COMPANY, LLC

TRUST BUT VERIFY

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