David J. Dempsey

WATERMILL INSTITUTIONAL TRADING LLC

Jersey City, NJ 07310

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CRD#: 1831193

Professional summary

David Joseph Dempsey is a registered financial advisor currently at WATERMILL INSTITUTIONAL TRADING LLC located in Jersey City, New Jersey.

David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1989. David has worked at 8 firms and has passed the Series 65, Series 63, Series 57TO, Series 79TO, Series 99TO, SIE, Series 55, Series 87, Series 7, Series 14, Series 24, Series 4 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. CONCOURSE PLAZA CONDOMINIUM ASSOCIATION. THIS IS A NON-INVESTMENT RELATED BUSINESS LOCATED AT 1111 KANE CONCOURSE, SUITE 301 BAY HARBOR ISLANDS, FL 33154. MR. DEMPSEY IS A BOARD MEMBER AND STARTED ON OCTOBER 2015. MR. DEMPSEY DEVOTES 5 HOURS PER MONTH TO THIS BUSINESS DURING SECURITIES TRADING HOURS. 2. FRIENDS OF JOHN WALKER. THIS IS A NON INVESTMENT-RELATED BUSINESS. 2025 PHILADELPHIA MUNICIPAL COURT JUDGE ELECTION CAMPAIGN. CAMPAIGN CHAIRMAN. 20 HOURS/MONTH. NOT DURING TRADING HOURS.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Joseph Dempsey's CRS (Customer Relationship Summary).

CRS (Client Relationship Summary) - BD

Click below to view David Joseph Dempsey'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®

None

Experience

Current

February 10, 2025 - Present

WATERMILL INSTITUTIONAL TRADING LLC

Office #1: 111 Town Square Place Suite 1520, Jersey City, NJ 07310

RIA

CRD#: 150892

Jersey City, NJ

Current

July 19, 2010 - Present

WATERMILL INSTITUTIONAL TRADING LLC

Office #1: 111 Town Square Place Suite 1520, Jersey City, NJ 07310

RIA

CRD#: 150892

Jersey City, NJ

Past

August 16, 2005 - March 7, 2011

KEVIN DANN & PARTNERS, LLC

RIA

CRD#: 113591

NEW YORK, NY

Past

August 24, 2001 - August 30, 2010

KEVIN DANN & PARTNERS, LLC

CRD#: 113591

NEW YORK, NY

Past

January 10, 2001 - August 31, 2001

H.C.WAINWRIGHT & CO., LLC

CRD#: 375

NEW YORK, NY

Past

April 10, 2000 - January 17, 2001

JEFFERIES LLC

CRD#: 2347

NEW YORK, NY

Past

December 14, 1995 - January 28, 2000

MINT BROKERS

CRD#: 13681

NEW YORK, NY

Past

September 28, 1994 - April 4, 2000

CANTOR FITZGERALD & CO.

CRD#: 134

NEW YORK, NY

Past

August 16, 1994 - January 27, 2000

CANTOR FITZGERALD SECURITIES

CRD#: 19660

NEW YORK, NY

Past

June 20, 1989 - May 16, 1991

UBS SECURITIES LLC

CRD#: 7654

NEW YORK, NY

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.

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

Florida
(4/16/2014)

Louisiana
(4/14/2014)

Minnesota
(4/30/2015)

New Jersey
(1/26/2015)

IAR

New Jersey
(2/10/2025)

New York
(7/27/2010)

Ohio
(6/30/2014)

Puerto Rico
(1/11/2021)

Texas
(5/30/2014)

Washington
(8/29/2014)

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: 9/28/2023

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 9/17/2001

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 57TO

Date: 1/2/2023

Securities Trader Exam

General Industry/Product Exam

Series 79TO

Date: 1/2/2023

Investment Banking Registered Representative Examination

General Industry/Product Exam

Series 99TO

Date: 1/2/2023

Operations Professional Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 55

Date: 11/24/2010

Limited Representative-Equity Trader Exam

General Industry/Product Exam

Series 87

Date: 6/16/2005

Research Analyst Exam - Part II Regulations Module

General Industry/Product Exam

Series 7

Date: 6/17/1989

General Securities Representative Examination

Principal/Supervisory Exam

Series 14

Date: 1/2/2023

Compliance Officer Examination

Principal/Supervisory Exam

Series 24

Date: 4/9/2001

General Securities Principal Examination

Principal/Supervisory Exam

Series 4

Date: 11/27/2000

Registered Options Principal Examination

Principal/Supervisory Exam

Series 27

Date: 9/8/1995

Financial and Operations Principal Examination

SRO Registrations

FINRA

SRO Registrations

Nasdaq Stock Market

Current Firm

WATERMILL INSTITUTIONAL TRADING LLC

WATERMILL INSTITUTIONAL TRADING LLC | WATERMILL TRADING LLC

CRD#: 150892 / SEC#: , 8-68311

New Jersey

Registered Investment Advisory firm - SEC (2/10/2025 Approved)

Broker-Dealer Firm Regulated by FINRA (Woodbridge district office)

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Contact information

Main Address

111 Town Square Place Suite 1520, Jersey City, NJ 07310

Mailing Address

111 Town Square Place Suite 1520, Jersey City, NJ 07310

Phone number

(917) 621-3829

Established

Delaware since 01/23/2009

Firm type

Limited Liability Company

Fiscal year end

December

Firm Size

Small

# of Employees

FINRA licenses (15 States and Territories)

Documents

Customer Relationship Summary (CRS / FINRA)

Direct owners and executive officers

Name	Position	CRD#
WATERMILL TRADING HOLDINGS LLC	100% OWNER
BRAM, BENJAMIN SCOTT	CEO	1319325
DEMPSEY, DAVID JOSEPH	COO,CCO	1831193
RUTITSKIY, DMITRIY	FINOP	6117665
WACHSTETER, GREGORY ALAN	MANAGING DIRECTOR	3165385

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

David J. Dempsey

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Joseph Dempsey's CRS (Customer Relationship Summary).

CRS (Client Relationship Summary) - BD

Click below to view David Joseph Dempsey's CRS (Customer Relationship Summary).

Certified licenses

Experience

WATERMILL INSTITUTIONAL TRADING LLC

KEVIN DANN & PARTNERS, LLC

KEVIN DANN & PARTNERS, LLC

H.C.WAINWRIGHT & CO., LLC

JEFFERIES LLC

MINT BROKERS

CANTOR FITZGERALD & CO.

CANTOR FITZGERALD SECURITIES

UBS SECURITIES LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 9/28/2023

Series 63

Date: 9/17/2001

Series 57TO

Date: 1/2/2023

Series 79TO

Date: 1/2/2023

Series 99TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 55

Date: 11/24/2010

Series 87

Date: 6/16/2005

Series 7

Date: 6/17/1989

Series 14

Date: 1/2/2023

Series 24

Date: 4/9/2001

Series 4

Date: 11/27/2000

Series 27

Date: 9/8/1995

FINRA

Nasdaq Stock Market

Current Firm

WATERMILL INSTITUTIONAL TRADING LLC

Contact information

FINRA licenses (15 States and Territories)

Documents

Direct owners and executive officers

Red Flags

Company Information

WATERMILL INSTITUTIONAL TRADING LLC

TRUST BUT VERIFY

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