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MM

Munaf Merchant

VELOCITY CAPITAL
Purchase, NY 10577
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CRD#: 1937789
MM

Professional summary


Munaf Merchant is a registered financial professional currently at VELOCITY CAPITAL, LLC located in Purchase, New York and VELOCITY CLEARING, LLC located in Hazlet, New Jersey.

Munaf is registered as a RR (Registered Representative) and started their career in finance in 1989. Munaf has worked at 14 firms and has passed the Series 63, Series 6TO, SIE, Series 55, Series 7, Series 6, Series 24 and Series 4 exams.

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

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.
The advisor shows no other business activity.

Blog Corner


CRS (Client Relationship Summary) - BD


Click below to view Munaf Merchant'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

September 1, 2016 - Present

VELOCITY CAPITAL, LLC

Office #1: 287 Bowman Avenue, Purchase, NY 10577Office #2: 199 Water Street 8th Floor, New York, NY 10038
BD
CRD#: 171810
Purchase, NY
Current

November 14, 2019 - Present

VELOCITY CLEARING, LLC

Office #1: 1301 Route 36 Suite 103, Hazlet, NJ 07730Office #2: 287 Bowman Avenue Riverview At Purchase, Purchase, NY 10577
BD
CRD#: 126588
HAZLET, NJ
Past

March 30, 2023 - November 3, 2023

TOR BROKERAGE LLC

BD
CRD#: 135274
NORTH BERGEN, NJ
Past

November 20, 2012 - May 27, 2014

COWEN PRIME SERVICES LLC

BD
CRD#: 153397
NEW YORK, NY
Past

September 8, 2009 - December 6, 2010

COWEN EQUITY FINANCE LP

BD
CRD#: 10019
NEW YORK, NY
Past

May 24, 2004 - December 9, 2008

ABN AMRO INCORPORATED

BD
CRD#: 15776
GREENWICH, CT
Past

April 28, 2001 - May 25, 2004

ING FINANCIAL MARKETS LLC

BD
CRD#: 28872
NEW YORK, NY
Past

September 22, 1998 - April 30, 2001

ABN AMRO SECURITIES LLC

BD
CRD#: 6540
NEW YORK, NY
Past

December 21, 1996 - October 2, 1998

LEHMAN BROTHERS INC.

BD
CRD#: 7506
NEW YORK, NY
Past

March 26, 1992 - November 7, 1996

J.P. MORGAN SECURITIES LLC

BD
CRD#: 79
NEW YORK, NY
Past

April 11, 1991 - October 29, 1991

IMPACT SECURITIES CORPORATION

BD
CRD#: 6283
Past

September 6, 1989 - August 16, 1990

IDS LIFE INSURANCE COMPANY

BD
CRD#: 6321
MINNEAPOLIS, MN
Past

September 6, 1989 - August 16, 1990

AMERIPRISE FINANCIAL SERVICES, LLC

BD
CRD#: 6363
MINNEAPOLIS, MN
Past

May 24, 1989 - August 19, 1989

FORESTERS FINANCIAL SERVICES, INC.

BD
CRD#: 305

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 them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

RR
Arizona
(5/6/2025)
RR
Colorado
(4/2/2025)
RR
Connecticut
(4/2/2025)
RR
District of Columbia
(7/24/2025)
RR
Florida
(11/14/2019)
RR
Idaho
(5/19/2025)
RR
Louisiana
(4/2/2025)
RR
Maryland
(5/6/2025)
RR
Puerto Rico
(5/14/2025)

Exams


State Security Law Exam
RR
Series 63
Date: 10/4/1991
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
Series 6TO
Date: 1/2/2023
Investment Company Products/Variable Contracts Representative Examination
General Industry/Product Exam
General Industry/Product Exam
RR
Series 55
Date: 12/3/2008
Limited Representative-Equity Trader Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
Cboe BYX Exchange, Inc.
SRO Registrations
RR
Cboe BZX Exchange, Inc.
SRO Registrations
RR
Cboe EDGA Exchange, Inc.
SRO Registrations
RR
Cboe EDGX Exchange, Inc.
SRO Registrations
RR
Cboe Exchange, Inc.
SRO Registrations
RR
FINRA
SRO Registrations
RR
NYSE Arca, Inc.
SRO Registrations
RR
Nasdaq PHLX LLC
SRO Registrations
RR
Nasdaq Stock Market

Current Firm


VC
VELOCITY CLEARING, LLC
GUARDIAN TRADING | VELOCITY PRIME SERVICES | VELOCITY EXECUTION SERVICES | VELOCITY CLEARING, LLC | QUANTEX CLEARING, LLC | NYFIX SECURITIES LLC | NYFIX SECURITIES CORPORATION | NYFIX CLEARING CORPORATION

CRD#: 126588 / SEC#: , 8-65894

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


Main Address
1301 Route 36 Suite 103, Hazlet, NJ 07730
Mailing Address
1301 Route 36 Suite 103, Hazlet, NJ 07730
Phone number
(201) 706-7157
Established
Delaware since 06/11/2010
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Small
# of Employees

FINRA licenses (53 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents


Customer Relationship Summary (CRS / FINRA)

Direct owners and executive officers


NamePositionCRD#
VCT HOLDINGS, LLCSOLE MEMBER
BRACERO, FRANK WILLIAMCHIEF FINANCIAL OFFICER/FINOP2178318
CALICE, ROBERT PEERCHIEF OPERATIONS OFFICER2759949
LOGAN, MICHAEL JAMESCHIEF EXECUTIVE OFFICER5763098
PRATNICKI, GREGCHIEF COMPLIANCE OFFICER2409187
ROBERTS, RALSTON PERMARCO-PRESIDENT2526147
SCHAEFFER, BRIAN KEITHCO PRESIDENT3063403

Disclosures


Regulatory Event19

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


VELOCITY CLEARING, LLC

CRD#: 126588Purchase, NY 10577

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