GB
George D. Bates
BATES FINANCIAL ADVISORS
Austin, TX 78738
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CRD#: 1539381
GB
Professional summary
George Douglas Bates is a registered financial advisor currently at BATES FINANCIAL ADVISORS, INC. located in Austin, Texas and BATES SECURITIES, INC. located in Austin, Texas.
George is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1986. George has worked at 2 firms and has passed the Series 65, Series 63, Series 52TO, Series 99TO, SIE, Series 7, Series 53, Series 24 and Series 27 exams.
Question & Answer
Are you a "fiduciary"?
Yes
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.
1.)I WORK FOR THREE AFFILIATES OF BATES SECURITIES, INC.: BATES FINANCIAL ADVISORS, INC. (REGISTERED INVESTMENT ADVISOR), AND BATES FINANCIAL GROUP, INC. (OPERATIONS COMPANY). ALL COMPANIES ARE INVESTMENT-RELATED AND OPERATE FROM 8437 NORTHERN AVE, ROCKFORD, IL 61107.
2.)ATTORNEY - I AM AN LICENSED ATTORNEY IN ILLINOIS AND VARIOUS FEDERAL COURTS. I EXPECT TO RECEIVE INCOME IN THE FUTURE. MY TIME VARIES BASED ON THE WORK I DECIDE TO ACCEPT. I USE MY RESIDENTIAL ADDRESS FOR ALL SUCH LEGAL WORK. I EXPECT TO CONDUCT SUCH WORK NO MORE THAN 10 HOURS PER MONTH. SOME OF THIS WORK MAY BE INVOLVED DURING SECURITIES TRADING HOURS. AT TIMES, MY LEGAL DUTIES MAY BE SHARED BY CO-COUNSEL, BUT TO MY KNOWLEDGE CO- COUNSEL IS NOT ASSOCIATED IN ANY CAPACITY WITH THE SECURITIES INDUSTRY. I MAY ACT AS TRUSTEE FOR TRUST ACCOUNTS, OUTSIDE OF THE SCOPE OF MY RELATIONSHIP WITH BATES SECURITIES.
3.)I am the Managing Member of Global Proppant Supply LLC. It is a Wisconsin LLC engaged in the development of its second frac sand project in Juneau County WI. It has no relation to any Bates companies (BSI, BFA, BFG or other business endeavors of George E. Bates). This company will likely take as much as 200 hours monthly. This relationship began in Feb 2013. As the Managing Member with no current employees I am responsible for all activities of LLC. I currently operate this LLC from an office in Austin TX.
4.)I am also the Managing Member of ASG Holdings LLC. This LLC is currently liquidating assets primarily consisting of real estate which was purchased for a related business which has been closed. This relationship began in April 2013. I spend no more than 3 hours a month on average. I operate from an office in Austin, TX.
CRS (Client Relationship Summary) - RIA
Click below to view George Douglas Bates's 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®
NoneExperience
Current
October 8, 2020 - Present
BATES FINANCIAL ADVISORS, INC.
Office #1: 2802 Flintrock Trace #b107, Austin, TX 78738RIA
CRD#: 116515
Austin, TX
Current
October 8, 2020 - Present
BATES SECURITIES, INC.
Office #1: 2802 Flintrock Trace #b107, Austin, TX 78738BD
CRD#: 10759
Austin, TX
Past
March 28, 2016 - November 29, 2018
BATES SECURITIES, INC.
BD
CRD#: 10759
ROCKFORD, IL
Past
December 23, 2015 - December 31, 2017
BATES FINANCIAL ADVISORS, INC.
RIA
CRD#: 116515
ROCKFORD, IL
Past
December 10, 1998 - January 2, 2014
BATES FINANCIAL ADVISORS, INC.
RIA
CRD#: 116515
ROCKFORD, IL
Past
August 6, 1986 - January 2, 2014
BATES SECURITIES, INC.
BD
CRD#: 10759
ROCKFORD, IL
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".
BF
BATES FINANCIAL ADVISORS, INC.
BATES FINANCIAL ADVISORS, INC. | GEORGE E. BATES & ASSOCIATES, INC.
CRD#: 116515 / SEC#: 801-72191
RIA
Registered Investment Advisory firm - (2/28/2011 Approved)Michigan
Registered Investment Advisory firm - (4/9/2018 Terminated)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.RR
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
RR
Illinois(10/8/2020)
IAR
Illinois(10/8/2020)
IAR
Texas(10/8/2020)
IAR
Wisconsin(10/8/2020)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
RR
Series 52TO
Date: 1/2/2023
Municipal Securities Representative ExaminationGeneral Industry/Product Exam
RR
Series 99TO
Date: 1/2/2023
Operations Professional ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
BF
BATES FINANCIAL ADVISORS, INC.
BATES FINANCIAL ADVISORS, INC. | GEORGE E. BATES & ASSOCIATES, INC.
CRD#: 116515 / SEC#: 801-72191
RIA
Registered Investment Advisory firm - (2/28/2011 Approved)Michigan
Registered Investment Advisory firm - (4/9/2018 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
8437 Northern Ave, Rockford, IL 61107
Mailing Address
Phone number
(815) 332-4020
Established
Firm type
Fiscal year end
# of Employees
7
SEC notice filing (12 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 1,355 |
| AUM (Assets Under Management) | $ 395,625,847 |
Red Flags
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