AB
Andrew D. Banks
JANNEY MONTGOMERY SCOTT LLC
NEW HAVEN, CT 06511
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CRD#: 1715217
AB
Professional summary
Andrew David Banks IV, who also goes by Andrew David Banks, David Banks IV, is a registered financial advisor currently at JANNEY MONTGOMERY SCOTT LLC located in New Haven, Connecticut.
Andrew is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1991. Andrew has worked at 5 firms and has passed the Series 65, Series 63, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Andrew David Banks | David Banks Iv
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 LIGHTHOUSE MANAGEMENT, LLC; INVESTMENT RELATED: 10 OLD ORCHARD RD; RENTAL REAL ESTATE; POSITION/TITLE: LLC MEMBER WITH 50% OWNERSHIP; START DATE: 1992; TIME DEVOTED: 0-20 HOURS EACH MONTH;COMPENSATED THRU NET INCOME/LOSS FROM RENTAL PROPERTY; #2 WAC LLC (WETHERSFIELD ACQUISITION LLC; INVESTMENT RELATED - REAL ESTATE ONLY; 735 POST EAST, WESTPORT, CT 06880; PASS THRU THAT OWNS A PROPERTY; POSITION/TITLE: LLC MEMBER WITH 22.2% INTEREST;START DATE: 2011; TIME DEVOTED: 0; NO COMPENSATION; #3 F.O.C.U.S.; NOT INVESTMENT RELATED; 105 COURT STREET, 3RD FLOOR, NEW HAVEN, CT 06511; CHILDREN'S CHARITY; POSITION/TITLE: BOARD MEMBER - TREASURER; START DATE: JUNE 2002; TIME DEVOTED: 4 HOURS PER MONTH - 0 DURING SECURITIES TRADING HOURS; NO COMPENSATION. #4 799 FBR LLC, North Haven, CT. Real Estate LLC; member (04/2021). No time devoted, investment related, no compensation. #5 785 FBR LLC, North Haven, CT. Real Estate LLC; member (04/2004). No time devoted, investment related, no compensation. #6 707 FBRD LLC, North Haven, CT. Real Estate LLC; member (04/2004). No time devoted, investment related, no compensation.
CRS (Client Relationship Summary) - RIA
Click below to view Andrew David Banks IV's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Andrew David Banks IV'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
July 3, 2002 - Present
JANNEY MONTGOMERY SCOTT LLC
Office #1: 555 Long Wharf Drive Long Wharf Maritime Center 11th Floor, New Haven, CT, 06511RIA
BD
CRD#: 463
NEW HAVEN, CT
Current
June 14, 2002 - Present
JANNEY MONTGOMERY SCOTT LLC
Office #1: 555 Long Wharf Drive Long Wharf Maritime Center 11th Floor, New Haven, CT, 06511RIA
BD
CRD#: 463
NEW HAVEN, CT
Past
March 11, 2002 - June 27, 2002
RBC CAPITAL MARKETS, LLC
RIA
CRD#: 31194
NEW HAVEN, CT
Past
March 9, 2002 - June 27, 2002
RBC CAPITAL MARKETS, LLC
BD
CRD#: 31194
NEW YORK, NY
Past
May 27, 1998 - March 9, 2002
TUCKER ANTHONY INCORPORATED
BD
CRD#: 837
BOSTON, MA
Past
December 14, 1994 - May 28, 1998
MORGAN STANLEY DW INC.
BD
CRD#: 7556
PURCHASE, NY
Past
October 21, 1991 - December 16, 1994
KIDDER, PEABODY & CO. INCORPORATED
BD
CRD#: 7613
NEW YORK, 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".
JANNEY MONTGOMERY SCOTT LLC
JANNEY MONTGOMERY SCOTT INC. | PARKER/HUNTER ASSET MANAGEMENT | JANNEY MONTGOMERY SCOTT LLC
CRD#: 463 / SEC#: 801-7258, 8-462
RIA
Registered Investment Advisory firm - SEC (3/8/1971 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Philadelphia district office)
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
Alabama(5/18/2007)
RR
Arizona(10/26/2012)
RR
California(6/14/2002)
IAR
California(10/6/2008)
RR
Colorado(6/14/2002)
RR
Connecticut(6/14/2002)
IAR
Connecticut(7/3/2002)
RR
District of Columbia(6/14/2002)
IAR
District of Columbia(1/9/2009)
RR
Florida(6/14/2002)
RR
Georgia(3/1/2013)
RR
Idaho(5/8/2024)
RR
Illinois(10/21/2016)
RR
Kansas(9/25/2025)
RR
Maine(5/8/2024)
RR
Maryland(3/1/2013)
RR
Massachusetts(6/14/2002)
RR
Michigan(3/1/2013)
RR
Minnesota(6/26/2008)
RR
New Hampshire(5/8/2024)
RR
New Jersey(6/14/2002)
IAR
New Jersey(10/9/2008)
RR
New York(6/14/2002)
RR
North Carolina(6/9/2005)
IAR
North Carolina(10/23/2008)
RR
Ohio(3/1/2013)
RR
Oregon(5/8/2024)
RR
Pennsylvania(6/14/2002)
RR
Rhode Island(8/20/2004)
RR
Texas(6/14/2002)
IAR
Texas(2/28/2007)
RR
Vermont(6/14/2002)
RR
Virginia(4/3/2023)
RR
Washington(8/28/2024)
RR
Wisconsin(2/21/2014)
RR
Wyoming(5/8/2024)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
SRO Registrations
RR
Nasdaq Stock Market
SRO Registrations
RR
New York Stock Exchange
Current Firm
JANNEY MONTGOMERY SCOTT LLC
JANNEY MONTGOMERY SCOTT INC. | PARKER/HUNTER ASSET MANAGEMENT | JANNEY MONTGOMERY SCOTT LLC
CRD#: 463 / SEC#: 801-7258, 8-462
RIA
Registered Investment Advisory firm - SEC (3/8/1971 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Philadelphia district office)
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Contact information
Main Address
1717 Arch Street, Philadelphia, PA 19103
Mailing Address
1717 Arch Street, Philadelphia, PA 19103
Phone number
(215) 665-6000
Established
Delaware since 08/27/1999
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Large
# of Employees
2,375
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| JUNE PURCHASER LLC | OWNER | |
| CULLEY, JOSEPH DAVID | BANKING PRINCIPAL (BP) | 4275987 |
| DOWNEY, DANEEN ELIZABETH | DEPUTY GENERAL COUNSEL | 4758790 |
| FUSCO, CHRISTOPHER | ROSFP | 5858082 |
| HALL, CAROLINE KATHRYNE | CHIEF COMPLIANCE OFFICER | 6342772 |
| HRICKO, MICHAEL J | CHIEF FINANCIAL OFFICER | 4509746 |
| LEMPA, JESSICA ELLEN | IA CCO | 5276453 |
| MCSHEA, GREGORY BURNS | GENERAL COUNSEL | 2870963 |
| MILLER, ANTHONY MATTHEW | DIRECTOR, PRESIDENT AND CEO | 4597116 |
| MULLAN, DAVID MICHAEL | PRINCIPAL OPERATIONS OFFICER | 2739186 |
| REED, KEVIN JUDE | EXECUTIVE OFFICER | 2105832 |
| RIGGI, BRETT STEPHAN | CHIEF OPERATING OFFICER | 4462496 |
Regulatory assets under management
| Total Number of Accounts | 239,256 |
| AUM (Assets Under Management) | $ 100,795,564,390 |
Disclosures
| Regulatory Event | 54 |
| Arbitration | 66 |
| Bond | 1 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 11/07/2025 | ||
| 03/21/2025 | ||
| 10/09/2024 | ||
| 10/26/2023 |
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.
Company Information
JANNEY MONTGOMERY SCOTT LLC
CRD#: 463New Haven, CT 06511TRUST BUT VERIFY
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Contact information
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