Karim Poonawala, CFP | Financial Professional | Orlando, Florida | IHT WEALTH MANAGEMENT LLC

Professional summary

Karim Poonawala, CFP® is a registered financial advisor currently at IHT WEALTH MANAGEMENT LLC located in Orlando, Florida and LPL FINANCIAL LLC located in Orlando, Florida.

Karim is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1987. Karim has worked at 6 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 4 and Series 24 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. 07/22/2014 - Poonawala Family Partners, Ltd. - INV REL - Business Entity For Tax/Investment Purposes Only 2. 07/22/2014 - Plantation Cove - INV REL - Real Estate Rental - 1% TIME SPENT 3. 07/22/2014 - Taj Financial Group Inc. - INV REL - Business Entity For Tax/Investment Purposes Only 4. 07/22/2014 - Growth Ventures, Inc. - Business Entity For Tax/Investment Purposes Only 5. 07/22/2014 - Food Mart USA Inc - NOT INV REL - Gas Station - NO TIME SPENT - Family Business. 6. 07/23/2014 - Everest - INV REL - 1830 Myrtle Ave. Jacksonville, FL - Everest - Real Estate Rental - owner of real property 7. 11/02/2016: Wildwood Alliance LLC. - Real Estate Rental - Investment Related - Macon, GA - Start 11/01/2016 - 1 Hr/Mo; 0 Hour(s) During Securities Trading. 8. 1/22/2019 - IHT Wealth Management - Investment Related - At Reported Business Location(s) - Registered Investment Advisor Hybrid - Started 10/01/2018 - IAR - 172 Hours Per Month During Securities Trading - I provide investment advisory services through IHT Wealth Management, an independent investment advisor firm. I started this business activity in 10/01/2018. I expect to spend approximately 172 hours per month on this activity. Please see the Form ADV of the advisory firm for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial. 9. 12/21/2023 - ThriveLife360 - Inv Related - At Reported Business Location(s) - DBA for LPL Business (entity for LPL business) - Started: 8/28/2017 - 0 Hrs/Mo.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Karim Poonawala'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®

CFP^®

Certified Financial Planner

Start date: 1993

Experience

Current

October 22, 2018 - Present

IHT WEALTH MANAGEMENT LLC

RIA

CRD#: 171481

Orlando, FL

Current

April 28, 2014 - Present

LPL FINANCIAL LLC

Office #1: 7345 W. Sand Lake Rd, Ste 412a, Orlando, FL 32819

RIA

BD

CRD#: 6413

Orlando, FL

Past

May 1, 2014 - December 31, 2018

INDEPENDENT FINANCIAL PARTNERS

RIA

CRD#: 125112

ORLANDO, FL

Past

April 23, 2007 - April 28, 2014

CETERA WEALTH SERVICES, LLC

RIA

CRD#: 13572

ORLANDO, FL

Past

March 21, 2007 - April 28, 2014

CETERA WEALTH SERVICES, LLC

BD

CRD#: 13572

ORLANDO, FL

Past

June 17, 2004 - April 4, 2007

FIRST MONTAUK SECURITIES CORP.

RIA

CRD#: 13755

ORLANDO, FL

Past

July 13, 1990 - April 4, 2007

FIRST MONTAUK SECURITIES CORP.

BD

CRD#: 13755

ORLANDO, FL

Past

May 21, 1987 - August 7, 1990

THE STUART-JAMES COMPANY, INCORPORATED

BD

CRD#: 11691

DENVER, CO

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".

IW

IHT WEALTH MANAGEMENT LLC

CRD#: 171481 / SEC#: 801-79769

RIA

Registered Investment Advisory firm - (5/28/2014 Approved)

Florida

Registered Investment Advisory firm - (12/6/2016 Terminated)

Illinois

Registered Investment Advisory firm - (2/24/2015 Terminated)

Texas

Registered Investment Advisory firm - (12/6/2016 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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

Arizona
(7/12/2017)

RR

California
(4/28/2014)

RR

Colorado
(4/28/2014)

RR

Connecticut
(10/17/2022)

RR

Florida
(4/28/2014)

IAR

Florida
(10/22/2018)

RR

Georgia
(4/28/2014)

RR

Illinois
(4/28/2014)

RR

Indiana
(5/5/2014)

RR

Kentucky
(11/29/2018)

RR

Maryland
(4/28/2014)

RR

Michigan
(4/28/2014)

RR

New Jersey
(10/10/2016)

RR

New York
(4/28/2014)

RR

North Carolina
(8/4/2023)

RR

Pennsylvania
(4/28/2014)

RR

South Carolina
(4/28/2014)

RR

Texas
(4/28/2014)

RR

Virginia
(11/4/2014)

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

IAR

Series 65

Date: 7/9/1999

Uniform Investment Adviser Law Examination

State Security Law Exam

RR

Series 63

Date: 7/30/1987

Uniform Securities Agent State Law Examination

General Industry/Product Exam

RR

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

RR

Series 7

Date: 5/16/1987

General Securities Representative Examination

Principal/Supervisory Exam

RR

Series 4

Date: 6/12/1999

Registered Options Principal Examination

Principal/Supervisory Exam

RR

Series 24

Date: 9/6/1988

General Securities Principal Examination

SRO Registrations

RR

FINRA

Current Firm

IW

IHT WEALTH MANAGEMENT LLC

CRD#: 171481 / SEC#: 801-79769

RIA

Registered Investment Advisory firm - (5/28/2014 Approved)

Florida

Registered Investment Advisory firm - (12/6/2016 Terminated)

Illinois

Registered Investment Advisory firm - (2/24/2015 Terminated)

Texas

Registered Investment Advisory firm - (12/6/2016 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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Contact information

Main Address

123 N. Wacker Dr. Suite 2300, Chicago, IL 60606

Mailing Address

Phone number

(855) 295-2828

Established

Firm type

Fiscal year end

# of Employees

179

SEC notice filing (36 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

PART 2A OF FORM ADV FIRM BROCHURE (4/1/2025)

Regulatory assets under management

Total Number of Accounts	23,131
AUM (Assets Under Management)	$ 6,376,084,483

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

Karim Poonawala

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Karim Poonawala's CRS (Customer Relationship Summary).

Certified licenses

Experience

LPL FINANCIAL LLC

INDEPENDENT FINANCIAL PARTNERS

CETERA WEALTH SERVICES, LLC

CETERA WEALTH SERVICES, LLC

FIRST MONTAUK SECURITIES CORP.

FIRST MONTAUK SECURITIES CORP.

THE STUART-JAMES COMPANY, INCORPORATED

Primary Firm SEC Registration

IHT WEALTH MANAGEMENT LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 7/9/1999

Series 63

Date: 7/30/1987

SIE

Date: 10/1/2018

Series 7

Date: 5/16/1987

Series 4

Date: 6/12/1999

Series 24

Date: 9/6/1988

FINRA

Current Firm

IHT WEALTH MANAGEMENT LLC

Contact information

SEC notice filing (36 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

IHT WEALTH MANAGEMENT LLC

TRUST BUT VERIFY

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