MF
Michael R. Farr
LESTER FINANCIAL GROUP
TERRE HUTE, IN 47803
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CRD#: 1688254
MF
Professional summary
Michael Robert Farr is a registered financial advisor currently at LESTER FINANCIAL GROUP, LLC located in Terre Hute, Indiana.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1988. Michael has worked at 10 firms and has passed the Series 63, SIE and Series 6 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.
***INVESTMENT ADVISORY REPRESENTATIVE POSITION: I am selling my securities to Todd Lester on an earn out basis. He services all business, and grows the business, and I receive compensation. I will not be directly involved with clients. NATURE: Investment Advisory Rep with Securities America INVESTMENT RELATED: Yes NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 11/15/2018 ADDRESS: 5681 Hallie Rae Ct, Terre Haute IN 47802 DESCRIPTION: Regarding the block of business Todd Lester is purchasing from me, we split all compensation from SAI, including advisory fees under rep code 98925. ***SECURITIES AMERICA, INC POSITION: Provide Brokerage Services for Clients NATURE: Brokerage INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 11/15/2018 ADDRESS: 2901 Ohio Blvd, Su 114-8, Terre Haute IN 47803 ***ARBOR POINT ADVISORS POSITION: Retired. Selling my business NATURE: Arbor Point Advisors INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 08/01/2020 ADDRESS: 6194 Farlin Dr, Whitestown IN 46075 DESCRIPTION: In retirement status. Reporting OBA, as some clients will be Arbor Point clients. ***SAA ADVISORY POSITION: I provide no advice to clients and have no contact with them. I am retired. NATURE: Advisory Practice INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 11/15/2018 ADDRESS: 6194 Farlin Dr, Whitestown IN 46075 DESCRIPTION: with Todd Lester. I have no contact with clients and provide no service. ***VNA HOSPICE OF THE WABASH VALLEY POSITION: Board Member NATURE: Board member of VNA Hospice of the Wabash Valley INVESTMENT RELATED: No NUMBER OF HOURS: 3 SECURITIES TRADING HOURS: 2 START DATE: 01/23/2023 ADDRESS: 400 8th Ave, Terre Haute IN 47804 DESCRIPTION: Board member. Board makes decisions on behalf of the organization.
CRS (Client Relationship Summary) - RIA
Click below to view Michael Robert Farr'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
January 27, 2022 - Present
LESTER FINANCIAL GROUP, LLC
Office #1: 2901 Ohio Blvd Suite 242, Terre Hute, IN 47803RIA
CRD#: 317036
TERRE HUTE, IN
Past
June 14, 2024 - December 31, 2024
OSAIC WEALTH, INC.
BD
CRD#: 23131
SCOTTSDALE, AZ
Past
August 3, 2020 - January 5, 2023
ARBOR POINT ADVISORS
RIA
CRD#: 165127
TERRE HAUTE, IN
Past
February 24, 2020 - January 5, 2023
SECURITIES AMERICA ADVISORS, INC.
RIA
CRD#: 110518
TERRE HAUTE, IN
Past
November 15, 2018 - June 14, 2024
SECURITIES AMERICA, INC.
BD
CRD#: 10205
MAHOMET, IL
Past
October 20, 2015 - November 19, 2018
OSAIC FS, INC.
RIA
CRD#: 3870
TERRE HAUTE, IN
Past
October 20, 2015 - November 19, 2018
OSAIC FS, INC.
BD
CRD#: 3870
TERRE HAUTE, IN
Past
October 29, 2009 - October 22, 2015
WOODBURY FINANCIAL SERVICES, INC.
RIA
CRD#: 421
TERRE HAUTE, IN
Past
December 9, 1993 - October 22, 2015
WOODBURY FINANCIAL SERVICES, INC.
BD
CRD#: 421
TERRE HAUTE, IN
Past
March 25, 1993 - December 8, 1993
LASALLE ST SECURITIES, L.L.C.
BD
CRD#: 7191
ELMHURST, IL
Past
May 3, 1988 - December 31, 1992
HISTORIC SQUARE EQUITIES, INCORPORATED
BD
CRD#: 15069
CHICAGO, IL
Past
January 12, 1988 - May 10, 1988
BERACHAH SECURITIES CORPORATION
BD
CRD#: 16228
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".
LF
LESTER FINANCIAL GROUP, LLC
LESTER FINANCIAL GROUP, LLC | PLOEGER & ASSOCIATES INC.
CRD#: 317036 / SEC#: 801-122944
RIA
Registered Investment Advisory firm - (5/13/2022 Approved)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.Highlighted states indicate IAR registrations
IAR
Illinois(1/27/2022)
IAR
Indiana(2/9/2023)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
LF
LESTER FINANCIAL GROUP, LLC
LESTER FINANCIAL GROUP, LLC | PLOEGER & ASSOCIATES INC.
CRD#: 317036 / SEC#: 801-122944
RIA
Registered Investment Advisory firm - (5/13/2022 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
301 N. Neil St. Suite 400, Champaign, IL 61820
Mailing Address
Phone number
(217) 356-6533
Established
Firm type
Fiscal year end
# of Employees
5
SEC notice filing (7 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 1,579 |
| AUM (Assets Under Management) | $ 264,056,030 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
Company Information
LESTER FINANCIAL GROUP, LLC
CRD#: 317036Terre Hute, IN 47803TRUST BUT VERIFY
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