David E. Pitt

WORLD EQUITY GROUP

Schaumburg, IL 60173

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CRD#: 2066284

Professional summary

David Elliot Pitt, who also goes by David Elliott Pitt, David Pitt, is a registered financial professional currently at WORLD EQUITY GROUP, INC. located in Schaumburg, Illinois.

David is registered as a RR (Registered Representative) and started their career in finance in 1990. David has worked at 12 firms and has passed the Series 63, Series 72, Series 79TO, SIE, Series 7 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Aliases

David Elliott Pitt | David Pitt

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 David Elliot Pitt'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

November 20, 2019 - Present

WORLD EQUITY GROUP, INC.

Office #1: 425 N Martingale Road Suite 1220, Schaumburg, IL 60173

RIA

CRD#: 29087

Schaumburg, IL

Past

October 16, 2012 - November 29, 2019

MOODY CAPITAL SOLUTIONS, INC

CRD#: 15989

ATLANTA, GA

Past

January 7, 2011 - October 1, 2012

FT GLOBAL CAPITAL, INC.

CRD#: 141294

ATLANTA, GA

Past

December 17, 2008 - January 7, 2011

MIDSOUTH CAPITAL, INC.

CRD#: 35039

ATLANTA, GA

Past

January 16, 2007 - November 26, 2008

ARGOSY CAPITAL SECURITIES, INC.

CRD#: 44885

ALPHARETTA, GA

Past

October 26, 2001 - January 10, 2007

STREETCAPITAL, INC

CRD#: 104034

ROSWELL, GA

Past

September 7, 1999 - December 20, 2001

CARDINAL SECURITIES LLC

CRD#: 46731

ALPHARETTA, GA

Past

November 30, 1995 - February 8, 1996

JWGENESIS SECURITIES, INC.

CRD#: 33832

BOCA RATON, FL

Past

July 29, 1994 - October 27, 1998

JOSEPHTHAL & CO., INC.

CRD#: 3227

NEW YORK, NY

Past

January 15, 1994 - July 8, 1994

AMERIPRISE ADVISOR SERVICES, INC.

CRD#: 5979

DETROIT, MI

Past

May 26, 1992 - January 3, 1994

PRUDENTIAL EQUITY GROUP, LLC

CRD#: 7471

NEW YORK, NY

Past

June 4, 1990 - June 2, 1992

J.P. MORGAN SECURITIES LLC

CRD#: 79

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".

WORLD EQUITY GROUP, INC.

CRD#: 29087 / SEC#: 801-56328, 8-44088

RIA

Registered Investment Advisory firm - SEC (3/26/1999 Approved)

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

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

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

California
(2/27/2024)

Georgia
(11/20/2019)

Illinois
(3/3/2020)

New York
(11/20/2019)

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.

Exams

State Security Law Exam

Series 63

Date: 7/11/1990

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 72

Date: 1/2/2023

Government Securities Representative Examination

General Industry/Product Exam

Series 79TO

Date: 1/2/2023

Investment Banking Registered Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 6/16/1990

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 4/27/2011

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

WORLD EQUITY GROUP, INC.

CRD#: 29087 / SEC#: 801-56328, 8-44088

RIA

Registered Investment Advisory firm - SEC (3/26/1999 Approved)

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

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Contact information

Main Address

425 N Martingale Road Suite 1220, Schaumburg, IL 60173

Mailing Address

425 N Martingale Road Suite 1200, Schaumburg, IL 60173

Phone number

(847) 342-1700

Established

Illinois since 09/13/1991

Firm type

Corporation

Fiscal year end

December

Firm Size

Medium

# of Employees

170

SEC notice filing (51 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

ADHESION PROGRAM WRAP FEE BROCHURE (5/20/2025)

WORLD EQUITY GROUP ADV PART II (5/20/2025)

REP MANAGER PROGRAM WRAP FEE BROCHURE (5/20/2025)

Direct owners and executive officers

Name	Position	CRD#
WENTWORTH MANAGEMENT SERVICES, LLC	OWNER
DUDAS, STEPHEN STANLEY	PRESIDENT	4820047
GOULD, CRAIG MICHAEL	CHIEF EXECUTIVE OFFICER	2367293
LISHCHYNSKY, MARK JOHN JR	CHIEF OPERATING OFFICER	2478952
WEBB, WILLIAM DUDLEY JR	CHIEF COMPLIANCE OFFICER	1256777

Regulatory assets under management

Total Number of Accounts	3,151
AUM (Assets Under Management)	$ 944,844,374

Disclosures

Regulatory Event

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 E. Pitt

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - BD

Click below to view David Elliot Pitt's CRS (Customer Relationship Summary).

Certified licenses

Experience

MOODY CAPITAL SOLUTIONS, INC

FT GLOBAL CAPITAL, INC.

MIDSOUTH CAPITAL, INC.

ARGOSY CAPITAL SECURITIES, INC.

STREETCAPITAL, INC

CARDINAL SECURITIES LLC

JWGENESIS SECURITIES, INC.

JOSEPHTHAL & CO., INC.

AMERIPRISE ADVISOR SERVICES, INC.

PRUDENTIAL EQUITY GROUP, LLC

J.P. MORGAN SECURITIES LLC

Primary Firm SEC Registration

WORLD EQUITY GROUP, INC.

State Registrations and Notice Filings

Exams

Series 63

Date: 7/11/1990

Series 72

Date: 1/2/2023

Series 79TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 6/16/1990

Series 24

Date: 4/27/2011

FINRA

Current Firm

WORLD EQUITY GROUP, INC.

Contact information

SEC notice filing (51 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Disclosures

Red Flags

Company Information

WORLD EQUITY GROUP, INC.

TRUST BUT VERIFY

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