Leon E. Abbas

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CRD#: 1158688

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.

Leon Elverne Abbas, CFP® was a registered financial professional .

Leon is a previously registered financial professional and started their career in finance in 1983. Leon had worked at 4 firms and has passed the Series 66, Series 63, Series 6 and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Aliases

None

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®

CFP^®

Certified Financial Planner

Start date: 1984

Experience

Past

May 30, 2002 - January 6, 2025

TOWNSEND ASSET MANAGEMENT CORP.

RIA

CRD#: 108216

RALEIGH, NC

Past

June 16, 1999 - August 28, 2001

INTERCAROLINA FINANCIAL SERVICES, INC.

CRD#: 19475

GREENSBORO, NC

Past

November 19, 1989 - January 29, 1996

OSAIC WEALTH, INC.

CRD#: 23131

SCOTTSDALE, AZ

Past

September 22, 1983 - November 19, 1989

INTEGRATED RESOURCES EQUITY CORPORATION

CRD#: 6403

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".

TOWNSEND ASSET MANAGEMENT CORP.

CRD#: 108216 / SEC#: 801-18013

RIA

Registered Investment Advisory firm - (12/6/1982 Approved)

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: 5/27/2002

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 6/22/1999

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 6

Date: 3/25/1999

Investment Company Products/Variable Contracts Representative Examination

General Industry/Product Exam

Series 7

Date: 9/17/1983

General Securities Representative Examination

Current Firm

TOWNSEND ASSET MANAGEMENT CORP.

CRD#: 108216 / SEC#: 801-18013

RIA

Registered Investment Advisory firm - (12/6/1982 Approved)

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Contact information

Main Address

3110 Edwards Mill Road Ste 150, Raleigh, NC 27612

Mailing Address

Phone number

(919) 782-9689

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (6 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

TAM ADV PART 2A 3.11.2025 (3/11/2025)

Regulatory assets under management

Total Number of Accounts	1,179
AUM (Assets Under Management)	$ 445,575,200

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
08/29/2024	Cover Page	Report
08/29/2024	Cover Page	Report

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

Leon E. Abbas

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

INTERCAROLINA FINANCIAL SERVICES, INC.

OSAIC WEALTH, INC.

INTEGRATED RESOURCES EQUITY CORPORATION

Primary Firm SEC Registration

TOWNSEND ASSET MANAGEMENT CORP.

State Registrations and Notice Filings

Exams

Series 66

Date: 5/27/2002

Series 63

Date: 6/22/1999

Series 6

Date: 3/25/1999

Series 7

Date: 9/17/1983

Current Firm

TOWNSEND ASSET MANAGEMENT CORP.

Contact information

SEC notice filing (6 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

TOWNSEND ASSET MANAGEMENT CORP.

TRUST BUT VERIFY

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