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Michael-jon Drake

MULTI-BANK SECURITIES
Parsippany, NJ
·CRD# 1889094·38 years experience

Professional Summary

Michael-jon Drake, who also goes by Michael Jon Drake, Michaeljon Drake, is a registered financial advisor currently at MULTI-BANK SECURITIES, INC. located in Parsippany, New Jersey. Michael-jon is registered as a RR (Registered Representative) and started their career in finance in 1988. Michael-jon has worked at 4 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 6 and Series 24 exams.

At a Glance

Best-Interest Standard

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Michael Jon Drake, Michaeljon Drake

Blog Corner

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Videos & Posts

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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Years of Experience

38 years in the financial services industry

Current & Past Employments

MULTI-BANK SECURITIES, INC.·CRD# 22098
BD
90 E Halsey Road Suite 106, Parsippany, NJ 07054
February 12, 2013 - Present
RBC CAPITAL MARKETS, LLC·CRD# 31194
RIA
Florham Park, NJ
November 21, 2002 - February 8, 2013
RBC CAPITAL MARKETS, LLC·CRD# 31194
BD
Florham Park, NJ
March 9, 2002 - February 8, 2013
TUCKER ANTHONY INCORPORATED·CRD# 837
BD
Boston, MA
August 8, 2000 - March 9, 2002
FINANCIAL NORTHEASTERN SECURITIES, LLC·CRD# 17007
BD
Fairfield, NJ
November 25, 1988 - August 30, 2000

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Current Firm

MS
MULTI-BANK SECURITIES, INC.

MULTI-BANK SECURITIES, INC.

CRD#: 22098 / SEC#: 8-39547
BD
Broker-Dealer Firm Regulated by FINRA (Chicago district office)

Contact Information

Main Address

1000 Town Center #2300, Southfield, MI 48075

Mailing Address

1000 Town Center #2300, Southfield, MI 48075

Phone Number

(248) 291-1100

Established

Michigan since 08/17/1987

Firm Type

Corporation

Fiscal Year End

December

Firm Size

Small

FINRA licenses (53 States and Territories)

Registered to provide investment advisory services in 0 US states and territories.

Documents

Customer Relationship Summary (CRS / FINRA)

Direct owners and executive officers

NamePositionCRD#
MULTI-BANK SERVICES, LTD.SOLE SHAREHOLDER—
COOGAN, MICHAEL LAWSONCFO1735236
DREWS, MICHAEL WAYNEVICE CHAIRMAN1664216
ELSNER, MERLIN AUBERONCCO, SECRETARY5593423
MACCAGNONE, DAVID THOMASCHAIRMAN811479
MACCAGNONE, JEFFERY THOMASPRESIDENT AND CEO2077369

Disclosures

Regulatory Event

4

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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.

The advisor shows no other business activity.

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State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
RR
indicates the advisor is registered as a Registered Representative in this state, allowing securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
Alabama
(7/21/2022)
RR
California
(7/21/2022)
RR
Florida
(7/21/2022)
RR
Idaho
(7/21/2022)
RR
Louisiana
(7/21/2022)
RR
Minnesota
(7/21/2022)
RR
Nebraska
(7/14/2022)
RR
Nevada
(7/21/2022)
RR
New Jersey
(2/12/2013)
RR
New York
(7/21/2022)
RR
Oregon
(7/21/2022)
RR
Texas
(7/21/2022)
RR
Utah
(11/7/2013)

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Sep 1999About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Feb 1989About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Jan 1993About the Series 7 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Nov 1988About the Series 6 exam

Series 24 — General Securities Principal Examination

Passed Dec 2013About the Series 24 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - BD

Click below to view Michael-jon Drake's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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