Frank Idrees

WEALTH BENEFIT ADVISORS

Houston, TX 77008

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CRD#: 2115734

Professional summary

Frank Idrees, AIF®, who also goes by Farouk Idrees, is a registered financial advisor currently at WEALTH BENEFIT ADVISORS, LLC located in Houston, Texas and PURSHE KAPLAN STERLING INVESTMENTS located in Houston, Texas.

Frank is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1991. Frank has worked at 6 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Farouk Idrees

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) 1. Wealth Benefit Advisors LLC 2. Investment Related 3. 1225 North Loop West Suite 815 Houston, TX 77008 4. Investment Advisor 5. President 6. 05/16/2022 7. 40 hours 8. 8 hrs 9 Manage model based client portfolios. 2) 1. Quercus Capital Partners 2. 1005 S Shepherd Dr. Houston TX 77019 4. Tax entity 5. President 6. 01/2012 7. 0 hrs. 8. 0 hrs 9. Accounting, Cash flow 3) 1. Life Insurance 2. Investment Related 3. 1225 North Loop West Suite 815 Houston, TX 77008 4. Life Insurance 5. Owner 6. 07/02/1990 7. 20 8. 8 9. Manage client portfolios & related service

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Frank Idrees'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®

AIF^®

Accredited Investment Fiduciary

Experience

Current

June 30, 2022 - Present

WEALTH BENEFIT ADVISORS, LLC

Office #1: 1225 North Loop West Suite 815, Houston, TX 77008

RIA

CRD#: 319324

Houston, TX

Current

June 30, 2022 - Present

PURSHE KAPLAN STERLING INVESTMENTS

Office #1: 1225 North Loop West Suite 815, Houston, TX 77008

CRD#: 35747

Houston, TX

Past

April 1, 2021 - June 30, 2022

GROVE POINT ADVISORS, LLC

RIA

CRD#: 313171

Houston, TX

Past

June 2, 2015 - September 12, 2016

GREENLEAF ADVISORS

RIA

CRD#: 172332

HOUSTON, TX

Past

March 4, 2004 - April 1, 2021

GROVE POINT INVESTMENTS, LLC

RIA

CRD#: 1763

HOUSTON, TX

Past

March 3, 2004 - June 30, 2022

GROVE POINT INVESTMENTS, LLC

CRD#: 1763

HOUSTON, TX

Past

July 3, 2002 - March 5, 2004

NEW ENGLAND SECURITIES

RIA

CRD#: 615

HOUSTON, TX

Past

March 13, 1991 - March 5, 2004

NEW ENGLAND SECURITIES

CRD#: 615

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".

WEALTH BENEFIT ADVISORS, LLC

CRD#: 319324 / SEC#: 801-123705

RIA

Registered Investment Advisory firm - (4/14/2022 Approved)

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

Arizona
(7/6/2022)

California
(6/30/2022)

Colorado
(5/13/2025)

Florida
(6/30/2022)

Georgia
(5/13/2025)

Kansas
(6/30/2022)

Maine
(6/30/2022)

North Carolina
(7/2/2024)

Oklahoma
(5/13/2025)

Texas
(6/30/2022)

IAR

Texas
(6/30/2022)

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: 4/16/2004

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 2/1/1991

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 5/24/2004

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 3/11/1991

Investment Company Products/Variable Contracts Representative Examination

SRO Registrations

FINRA

Current Firm

WEALTH BENEFIT ADVISORS, LLC

CRD#: 319324 / SEC#: 801-123705

RIA

Registered Investment Advisory firm - (4/14/2022 Approved)

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Contact information

Main Address

1225 North Loop West Suite 815, Houston, TX 77008

Mailing Address

Phone number

(713) 980-9100

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (1 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

WBA ADV PART 2A (3/19/2025)

Regulatory assets under management

Total Number of Accounts	461
AUM (Assets Under Management)	$ 306,991,305

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

Frank Idrees

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Frank Idrees's CRS (Customer Relationship Summary).

Certified licenses

Experience

PURSHE KAPLAN STERLING INVESTMENTS

GROVE POINT ADVISORS, LLC

GREENLEAF ADVISORS

GROVE POINT INVESTMENTS, LLC

GROVE POINT INVESTMENTS, LLC

NEW ENGLAND SECURITIES

NEW ENGLAND SECURITIES

Primary Firm SEC Registration

WEALTH BENEFIT ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 4/16/2004

Series 63

Date: 2/1/1991

SIE

Date: 10/1/2018

Series 7

Date: 5/24/2004

Series 6

Date: 3/11/1991

FINRA

Current Firm

WEALTH BENEFIT ADVISORS, LLC

Contact information

SEC notice filing (1 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

WEALTH BENEFIT ADVISORS, LLC

TRUST BUT VERIFY

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