John E. Faircloth
Professional summary
John Eric Faircloth was suspended by undefined from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.
John Eric Faircloth, who also goes by John Faircloth, was a registered financial advisor .
John is a previously registered financial advisor and started their career in finance in 1992. John had worked at 7 firms and has passed the Series 66, Series 65, Series 63, Series 7 and Series 3 exams.
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Experience
September 19, 2008 - April 2, 2009
WELLS FARGO CLEARING SERVICES, LLC
September 19, 2008 - April 2, 2009
WELLS FARGO CLEARING SERVICES, LLC
May 8, 2006 - September 19, 2008
BB&T INVESTMENT SERVICES, INC.
May 8, 2006 - September 19, 2008
BB&T INVESTMENT SERVICES, INC.
January 5, 1998 - October 19, 1999
CETERA WEALTH SERVICES, LLC
March 13, 1997 - January 20, 1998
MM ASCEND LIFE INVESTOR SERVICES, LLC
April 20, 1994 - March 17, 1997
BB&T INVESTMENT SERVICES, INC.
June 10, 1993 - May 3, 1994
LAM WAGNER, INC.
November 6, 1992 - May 5, 1993
AMERIPRISE ADVISOR SERVICES, INC.
October 2, 1992 - November 9, 1992
THE INVESTMENT CENTER, INC.
Primary Firm SEC Registration
WELLS FARGO CLEARING SERVICES, LLC
CRD#: 19616 / SEC#: 801-37967, 8-37180
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
Exams
Current Firm
WELLS FARGO CLEARING SERVICES, LLC
CRD#: 19616 / SEC#: 801-37967, 8-37180
Contact information
SEC notice filing (52 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Part 2 Brochures
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| WACHOVIA SECURITIES FINANCIAL HOLDINGS, LLC | SOLE MEMBER | |
| CRONK, DARRELL | HEAD OF INVESTMENT SOLUTIONS / WIM CHIEF INVESTMENT OFFICER / BOARD OF MANAGERS / CONTROL PRINCIPAL | 2498892 |
| GINDI, SOL | PRESIDENT / HEAD OF WIM DISTRIBUTION / BOARD OF MANAGERS / CONTROL PRINCIPAL | 4903526 |
| KARANIK, ERIK ANTHONY | BOARD OF MANAGERS | 2260890 |
| LACEY, PAUL | PRINCIPAL OPERATIONS OFFICER / CONTROL PRINCIPAL | 5616656 |
| PATEL, RAKESH | CHIEF FINANCIAL OFFICER / BOARD OF MANAGERS | 5385585 |
| SAUNDERS, DAVID WARD | DESIGNATED STATE PRINCIPAL | 2448617 |
| SOMESHWAR, PRASANNA | HEAD OF BANKING, LENDING & TRUST / CONTROL PRINCIPAL | 7491790 |
| SOMMERS, BARRY | CHIEF EXECUTIVE OFFICER / BOARD OF MANAGERS | 2301454 |
| TSAMADIAS, CHRISTOS G | CHIEF COMPLIANCE OFFICER | 5433568 |
Regulatory assets under management
| Total Number of Accounts | 1,327,695 |
| AUM (Assets Under Management) | $ 606,037,831,365 |
Disclosures
| Regulatory Event | 182 |
| Civil Event | 2 |
| Arbitration | 303 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 01/24/2025 | ||
| 12/11/2023 | ||
| 02/17/2023 |
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.
