Mark A. Defrates
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.
Mark Anthony Defrates, who also goes by Mark A Defrates, was a registered financial professional .
Mark is a previously registered financial professional and started their career in finance in 1986. Mark had worked at 11 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 53 and Series 24 exams.
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Experience
January 5, 2016 - December 6, 2019
WELLS FARGO CLEARING SERVICES, LLC
July 16, 2010 - October 5, 2011
AVANTAX INVESTMENT SERVICES, INC.
April 18, 2008 - November 16, 2016
FIRST CLEARING, LLC
April 18, 2008 - December 6, 2019
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
January 1, 2008 - December 31, 2015
WELLS FARGO CLEARING SERVICES, LLC
January 1, 2008 - December 6, 2019
WELLS FARGO CLEARING SERVICES, LLC
August 7, 2007 - January 1, 2008
A. G. EDWARDS & SONS, INC.
February 22, 2001 - January 3, 2008
A. G. EDWARDS & SONS, INC.
March 2, 1998 - January 17, 2001
RBC CAPITAL MARKETS, LLC
January 2, 1998 - March 2, 1998
DAIN RAUSCHER INCORPORATED
December 23, 1994 - January 2, 1998
RAUSCHER PIERCE REFSNES, INC.
February 10, 1992 - February 19, 1993
GREAT WESTERN FINANCIAL SECURITIES CORPORATION
May 6, 1991 - February 5, 1992
A. G. EDWARDS & SONS, INC.
February 5, 1991 - March 1, 1991
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
February 5, 1991 - March 1, 1991
EQUITABLE ADVISORS, LLC
March 27, 1986 - November 23, 1990
A. G. EDWARDS & SONS, INC.
Primary Firm SEC Registration
WELLS FARGO CLEARING SERVICES, LLC
CRD#: 19616 / SEC#: 801-37967, 8-37180
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
Exams
Current Firm
WELLS FARGO CLEARING SERVICES, LLC
CRD#: 19616 / SEC#: 801-37967, 8-37180
Contact information
SEC notice filing (52 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Part 2 Brochures
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| WACHOVIA SECURITIES FINANCIAL HOLDINGS, LLC | SOLE MEMBER | |
| CRONK, DARRELL | HEAD OF INVESTMENT SOLUTIONS / WIM CHIEF INVESTMENT OFFICER / BOARD OF MANAGERS / CONTROL PRINCIPAL | 2498892 |
| GINDI, SOL | PRESIDENT / HEAD OF WIM DISTRIBUTION / BOARD OF MANAGERS / CONTROL PRINCIPAL | 4903526 |
| KARANIK, ERIK ANTHONY | BOARD OF MANAGERS | 2260890 |
| LACEY, PAUL | PRINCIPAL OPERATIONS OFFICER / CONTROL PRINCIPAL | 5616656 |
| PATEL, RAKESH | CHIEF FINANCIAL OFFICER / BOARD OF MANAGERS | 5385585 |
| SAUNDERS, DAVID WARD | DESIGNATED STATE PRINCIPAL | 2448617 |
| SOMESHWAR, PRASANNA | HEAD OF BANKING, LENDING & TRUST / CONTROL PRINCIPAL | 7491790 |
| SOMMERS, BARRY | CHIEF EXECUTIVE OFFICER / BOARD OF MANAGERS | 2301454 |
| TSAMADIAS, CHRISTOS G | CHIEF COMPLIANCE OFFICER | 5433568 |
Regulatory assets under management
| Total Number of Accounts | 1,327,695 |
| AUM (Assets Under Management) | $ 606,037,831,365 |
Disclosures
| Regulatory Event | 182 |
| Civil Event | 2 |
| Arbitration | 303 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 01/24/2025 | ||
| 12/11/2023 | ||
| 02/17/2023 |
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.
