Jay V. Derusso

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CRD#: 1504783

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.

Jay Vincent Derusso was a registered financial professional .

Jay is a previously registered financial professional and started their career in finance in 1986. Jay had worked at 8 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 6 and Series 24 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.

I am a registered representative of First Republic Securities Company, LLC, an SEC and FINRA registered broker-dealer. I am an associated person of First Republic Investment Management, Inc. (Firm CRD# 108559), an SEC registered investment adviser. The majority of my time is devoted to activities for First Republic Investment Management, Inc. Both First Republic Securities Company, LLC and First Republic Investment Management, Inc. are under 'common control' of First Republic Bank.

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

September 6, 2023 - December 12, 2024

J.P. MORGAN SECURITIES LLC

RIA

CRD#: 79

Newport Beach, CA

Past

September 1, 2023 - December 12, 2024

J.P. MORGAN SECURITIES LLC

CRD#: 79

Newport Beach, CA

Past

February 23, 2016 - January 6, 2025

J.P. MORGAN PRIVATE WEALTH ADVISORS LLC

RIA

CRD#: 108559

Newport Beach, CA

Past

February 18, 2016 - September 29, 2023

FIRST REPUBLIC SECURITIES COMPANY, LLC

CRD#: 105108

NEWPORT BEACH, CA

Past

November 27, 2013 - February 3, 2016

U.S. BANCORP ADVISORS, LLC

CRD#: 14455

IRVINE, CA

Past

December 11, 1997 - December 8, 2011

GOLDMAN SACHS WEALTH SERVICES, L.P.

RIA

CRD#: 106693

IRVINE, CA

Past

December 9, 1994 - December 8, 2011

MERCER ALLIED COMPANY, L.P.

CRD#: 37404

IRVINE, CA

Past

July 18, 1994 - December 9, 1994

MERCER ALLIED CORPORATION

CRD#: 7829

ALBANY, NY

Past

May 9, 1986 - February 8, 1994

PYRAMID FUNDS CORPORATION

CRD#: 3110

ALBANY, NY

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".

J.P. MORGAN SECURITIES LLC

CRD#: 79 / SEC#: 801-3702, 8-35008

RIA

Registered Investment Advisory firm - SEC (4/3/1965 Approved)

Broker-Dealer Firm Regulated by FINRA (New York district office)

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 65

Date: 6/22/2016

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 5/3/1986

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 7/15/1994

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 5/3/1986

Investment Company Products/Variable Contracts Representative Examination

Principal/Supervisory Exam

Series 24

Date: 3/20/2004

General Securities Principal Examination

Current Firm

J.P. MORGAN SECURITIES LLC

CRD#: 79 / SEC#: 801-3702, 8-35008

RIA

Registered Investment Advisory firm - SEC (4/3/1965 Approved)

Broker-Dealer Firm Regulated by FINRA (New York district office)

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Contact information

Main Address

270 Park Avenue, New York, NY 10017

Mailing Address

1111 Polaris Pkwy Floor 3f, Columbus, OH 43240

Phone number

(212) 272-2000

Established

Delaware since 08/12/1985

Firm type

Limited Liability Company

Fiscal year end

December

Firm Size

Large

# of Employees

8,327

SEC notice filing (52 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

WRAP FEE PROGRAM BROCHURE (CWM) (11/5/2025)

DEFINED CONTRIBUTION PLAN CONSULTING SERVICES PROGRAM BROCHURE (11/5/2025)

FORM ADV PART 2A APPENDIX 1 WRAP FEE PROGRAM BROCHURE J.P. MORGAN MANAGED INVESTMENT SERVICES PROGRAM (11/5/2025)

WRAP FEE PROGRAM BROCHURE (JPMA) (11/5/2025)

J.P. MORGAN PERSONAL ADVISORS PROGRAM (11/5/2025)

JPMORGAN GUIDED ANNUITY PROGRAM (11/5/2025)

Direct owners and executive officers

Name	Position	CRD#
J.P. MORGAN BROKER-DEALER HOLDINGS INC.	MEMBER
AIDELSON, DAVID	CHIEF LEGAL OFFICER	7884539
ALAOUI ABDALLAOUI, RACHID	CEO, CHAIR, ELECTED MANAGER	7122597
BISESI, BRIAN J	ELECTED MANAGER	3090554
CHOI, MICHAEL	CHIEF COMPLIANCE OFFICER - REGISTERED INVESTMENT ADVISER	6597789
COLLINS, JAMES MICHAEL	CHIEF FINANCIAL OFFICER	2725065
DEMPSEY, PATRICK PAUL	TREASURER	2830362
ENGLANDER, ADAM F	ELECTED MANAGER	2941059
FOLEY, KEVIN J	ELECTED MANAGER	4012244
KLION, ROGER	CHIEF OPERATING OFFICER	5082261
MCCRUM, CARRIE	ELECTED MANAGER	7675791
SABLE, MATTHEW D	ELECTED MANAGER	4835849
TEPPER, ERIC D.	ELECTED MANAGER	2242377
VIENICK, PAUL	ELECTED MANAGER	2212982
VILLWOCK, DAVID S	CHIEF COMPLIANCE OFFICER - BROKER DEALER	8071637

Regulatory assets under management

Total Number of Accounts	1,055,400
AUM (Assets Under Management)	$ 352,605,441,286

Disclosures

Regulatory Event	392
Civil Event	9
Arbitration	143

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
11/25/2025	Cover Page	Report
10/25/2024	Cover Page	Report
11/27/2023	Cover Page	Report
01/03/2023	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.

Contact information

xxxxx@xxxx.xxx

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Jay V. Derusso

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

J.P. MORGAN SECURITIES LLC

J.P. MORGAN PRIVATE WEALTH ADVISORS LLC

FIRST REPUBLIC SECURITIES COMPANY, LLC

U.S. BANCORP ADVISORS, LLC

GOLDMAN SACHS WEALTH SERVICES, L.P.

MERCER ALLIED COMPANY, L.P.

MERCER ALLIED CORPORATION

PYRAMID FUNDS CORPORATION

Primary Firm SEC Registration

J.P. MORGAN SECURITIES LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 6/22/2016

Series 63

Date: 5/3/1986

SIE

Date: 10/1/2018

Series 7

Date: 7/15/1994

Series 6

Date: 5/3/1986

Series 24

Date: 3/20/2004

Current Firm

J.P. MORGAN SECURITIES LLC

Contact information

SEC notice filing (52 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Disclosures

Accountant surprise examination report

Red Flags

Company Information

J.P. MORGAN SECURITIES LLC

TRUST BUT VERIFY

Contact information

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