AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Why Advisor Check
EP

Erik K. Penzin

Some features on this profile are disabled
CRD#: 1280540
EP

Professional summary


Erik Karl Penzin was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Erik is a previously registered financial advisor and started their career in finance in 1991. Prior to being barred, Erik had worked at 2 firms, which includes M.L. STERN & CO. LLC., PRUDENTIAL EQUITY GROUP LLC.

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

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®
None

Experience


Past

April 8, 2004 - February 21, 2006

M.L. STERN & CO., LLC.

RIA
CRD#: 8327
BEVERLY HILLS, CA
Past

April 24, 1995 - February 21, 2006

M.L. STERN & CO., LLC.

BD
CRD#: 8327
BEVERLY HILLS, CA
Past

August 8, 1994 - May 5, 1995

PRUDENTIAL EQUITY GROUP, LLC

BD
CRD#: 7471
NEW YORK, NY
Past

February 21, 1991 - August 2, 1994

M.L. STERN & CO., LLC.

BD
CRD#: 8327
BEVERLY HILLS, CA

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.

Exams


State Security Law Exam
RR
Series 63
Date: 3/12/1991
Uniform Securities Agent State Law Examination
General Industry/Product Exam

Current Firm


MS
M.L. STERN & CO., LLC.
M. L. STERN & CO, LLC. | M.L. STERN & CO., LLC. | M.L. STERN & CO. INC.

CRD#: 8327 / SEC#: , 8-25028

BD
Terminated by SEC on 04/04/2009
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information


Main Address
Mailing Address
Phone number
Established
Delaware since 03/08/1999
Firm type
Limited Liability Company
Fiscal year end
December
# of Employees

Documents


Direct owners and executive officers


NamePositionCRD#
SWS GROUP, INCDIRECT OWNDER
BENICKES, MILES LIONELEXECUTIVE VICE PRESIDENT500836
KANG, ANDREW CHANG HOFINANCIAL AND OPERATIONS PRINCIPAL; CHIEF FINANCIAL OFFICER1892286
MAURER, DAVIDCHIEF COMPLIANCE OFFICER4695817
STERN, MILFORD LEEPRESIDENT501622

Disclosures


Regulatory Event10
Arbitration7

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.

Company Information


M.L. STERN & CO., LLC.

CRD#: 8327

TRUST BUT VERIFY

Monitor Erik Penzin

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors


Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
footer-logo

AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.
© 2025 AdvisorCheck, an AIMR Analytics company.
All rights reserved.
Powered ByAIRM Analytics