Francis P. Caraco

BANKERS LIFE ADVISORY SERVICES

Clifton Park, NY 12065

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CRD#: 1221773

Professional summary

Francis Patrick Caraco, ChFC®, CLU®, who also goes by Fran Caraco, is a registered financial advisor currently at BANKERS LIFE ADVISORY SERVICES, INC. located in Clifton Park, New York and BANKERS LIFE SECURITIES, INC. located in Clifton Park, New York.

Francis is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1984. Francis has worked at 13 firms and has passed the Series 63, SIE, Series 22 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Fran Caraco

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 PREVENTION COUNCIL OF HAMILTON FULTON AND MONTGOMERY COUNTIES POSITION: BOARD MEMBER NATURE: PREVENTION EDUCATION INVESTMENT RELATED: NO HOURS: 1 INVESTMENT RELATED HOURS: 0 START DATE: 09/01/2009 ADDRESS: 86 BRIGGS STREET, SUITE 5, JOHNSTOWN NY 12095 DESCRIPTION: THE EXECUTIVE DIRECTOR REPORTS TO THE BOD MONTHLY ON THE ACTIVITIES OF THE COUNCIL. THE BOD APPROVES THE ANNUAL BUDGET AND OVERSEES THE OPERATION OF COUNCIL. THE COUNCIL IS 501(C)(3) NOT FOR PROFIT. BANKERS LIFE & CASUALTY POSITION: INSURANCE AGENT INVESTMENT RELATED: NO NUMBER OF HOURS: 160 INVESTMENT RELATED HOURS: 60 START DATE: 10/13/2010 ADDRESS: 7 SOUTHSIDE DR., SUITE 208, CLIFTON PARK NY 12065 DESCRIPTION: Non Variable Insurance Sales and Service.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Francis Patrick Caraco's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

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

ChFC^®

Chartered Financial Consultant

CLU^®

Chartered Life Underwriter

Experience

Current

June 14, 2017 - Present

BANKERS LIFE ADVISORY SERVICES, INC.

Office #1: 646 Plank Rd., Suite 206, Clifton Park, NY 12065

RIA

CRD#: 281285

Clifton Park, NY

Current

May 26, 2016 - Present

BANKERS LIFE SECURITIES, INC.

Office #1: 646 Plank Rd., Suite 206, Clifton Park, NY 12065

CRD#: 173962

Clifton Park, NY

Past

October 12, 2010 - May 26, 2016

CONCOURSE FINANCIAL GROUP SECURITIES, INC.

CRD#: 15708

CLIFTON PARK, NY

Past

January 3, 2008 - November 5, 2010

AMERITAS INVESTMENT COMPANY, LLC

CRD#: 14869

JOHNSTOWN, NY

Past

January 3, 2005 - December 31, 2007

GWN SECURITIES INC.

CRD#: 128929

JOHNSTOWN, NY

Past

January 19, 1996 - December 31, 2004

PMG SECURITIES CORPORATION

CRD#: 27107

ELGIN, IL

Past

October 15, 1993 - January 19, 1996

VOYA FINANCIAL PARTNERS, LLC

CRD#: 34815

WINDSOR, CT

Past

October 19, 1992 - October 15, 1993

AETNA LIFE INSURANCE AND ANNUITY COMPANY

CRD#: 13256

HARTFORD, CT

Past

January 2, 1992 - January 24, 1996

G. R. PHELPS & CO., INC.

CRD#: 173

Past

July 10, 1991 - December 31, 1991

COMMONWEALTH FINANCIAL NETWORK

CRD#: 8032

WALTHAM, MA

Past

October 29, 1990 - July 11, 1991

JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY

CRD#: 5181

BOSTON, MA

Past

October 29, 1990 - July 11, 1991

SIGNATOR INVESTORS, INC.

CRD#: 468

BOSTON, MA

Past

January 31, 1990 - October 16, 1990

TOWER SQUARE SECURITIES, INC.

CRD#: 833

EL SEGUNDO, CA

Past

February 10, 1984 - February 13, 1990

SIGNATOR INVESTORS, INC.

CRD#: 468

BOSTON, MA

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".

BANKERS LIFE ADVISORY SERVICES, INC.

BANKERS LIFE | BL ADVISORY SERVICES, INC | BANKERS LIFE ADVISORY SERVICES, INC.

CRD#: 281285 / SEC#: 801-106953

RIA

Registered Investment Advisory firm - (11/18/2015 Approved)

State Registrations and Notice Filings

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

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Florida
(5/31/2016)

Indiana
(3/29/2024)

Maryland
(5/26/2016)

Massachusetts
(9/19/2025)

New Hampshire
(4/27/2021)

IAR

New Jersey
(6/14/2017)

New York
(5/26/2016)

IAR

New York
(3/20/2021)

North Carolina
(5/26/2016)

Ohio
(8/6/2024)

Pennsylvania
(5/26/2016)

South Carolina
(5/26/2016)

Utah
(9/19/2025)

Vermont
(5/26/2016)

Virginia
(5/26/2016)

West Virginia
(2/3/2023)

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. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

Series 63

Date: 5/5/1984

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 22

Date: 2/2/1985

Direct Participation Programs Representative Examination

General Industry/Product Exam

Series 6

Date: 2/4/1984

Investment Company Products/Variable Contracts Representative Examination

SRO Registrations

FINRA

Current Firm

BANKERS LIFE ADVISORY SERVICES, INC.

BANKERS LIFE | BL ADVISORY SERVICES, INC | BANKERS LIFE ADVISORY SERVICES, INC.

CRD#: 281285 / SEC#: 801-106953

RIA

Registered Investment Advisory firm - (11/18/2015 Approved)

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Contact information

Main Address

303 E. Wacker Drive 5th Fl, Chicago, IL 60601

Mailing Address

Phone number

(844) 553-9083

Established

Firm type

Fiscal year end

# of Employees

384

SEC notice filing (52 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

BLAS WRAP BROCHURE 03012025 (2/28/2025)

BLAS-ADV-PART2A 03012025 (2/28/2025)

Regulatory assets under management

Total Number of Accounts	14,938
AUM (Assets Under Management)	$ 1,943,847,697

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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Advisor Monitoring

Firm Stability Insights

Francis P. Caraco

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Francis Patrick Caraco's CRS (Customer Relationship Summary).

Certified licenses

Experience

BANKERS LIFE SECURITIES, INC.

CONCOURSE FINANCIAL GROUP SECURITIES, INC.

AMERITAS INVESTMENT COMPANY, LLC

GWN SECURITIES INC.

PMG SECURITIES CORPORATION

VOYA FINANCIAL PARTNERS, LLC

AETNA LIFE INSURANCE AND ANNUITY COMPANY

G. R. PHELPS & CO., INC.

COMMONWEALTH FINANCIAL NETWORK

JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY

SIGNATOR INVESTORS, INC.

TOWER SQUARE SECURITIES, INC.

SIGNATOR INVESTORS, INC.

Primary Firm SEC Registration

BANKERS LIFE ADVISORY SERVICES, INC.

State Registrations and Notice Filings

Exams

Series 63

Date: 5/5/1984

SIE

Date: 10/1/2018

Series 22

Date: 2/2/1985

Series 6

Date: 2/4/1984

FINRA

Current Firm

BANKERS LIFE ADVISORY SERVICES, INC.

Contact information

SEC notice filing (52 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

BANKERS LIFE ADVISORY SERVICES, INC.

TRUST BUT VERIFY

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