AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why Advisor Check

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
LP

Lev Parnas

Some features on this profile are disabled
CRD#: 2418073
LP

Professional summary

Lev Parnas was barred by the SEC from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Lev is a previously registered financial professional and started their career in finance in 1993. Prior to being barred, Lev had worked at 10 firms, which includes BASIS FINANCIAL LLC, PROGRAM TRADING CORP., REVERE SECURITIES LLC, BRAUER & ASSOCIATES INC., EURO-ATLANTIC SECURITIES INC., T.L. GROUP INC., JOSEPH DILLON & COMPANY INC., DANALLEN INVESTMENT GROUP INC., BARRETT DAY SECURITIES INC., WELLS FARGO ADVISORS FINANCIAL NETWORK LLC.

top-8-questions

Question & Answer

Are you a "fiduciary"?
No

Aliases

Larry Parnell

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)

The CRS(Customer Relationship Summary) document is not provided.

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

Past

August 6, 2009 - November 6, 2009

BASIS FINANCIAL, LLC

BD
CRD#: 43694
N. MIAMI BEACH, FL
Past

August 20, 1998 - September 12, 2003

PROGRAM TRADING CORP.

BD
CRD#: 36740
BOCA RATON, FL
Past

February 19, 1998 - May 18, 1998

REVERE SECURITIES LLC

BD
CRD#: 14178
NEW YORK, NY
Past

March 19, 1997 - February 3, 1998

BRAUER & ASSOCIATES, INC.

BD
CRD#: 18278
ST. PETERSBURG, FL
Past

December 3, 1996 - April 3, 1997

EURO-ATLANTIC SECURITIES INC.

BD
CRD#: 21367
BOCA RATON, FL
Past

October 22, 1996 - December 3, 1996

T.L. GROUP, INC.

BD
CRD#: 22097
FORT WORTH, TX
Past

July 19, 1996 - October 22, 1996

JOSEPH DILLON & COMPANY INC.

BD
CRD#: 35220
GREAT NECK, NY
Past

May 22, 1996 - July 18, 1996

DANALLEN INVESTMENT GROUP INC.

BD
CRD#: 38968
ASTORIA, NY
Past

February 17, 1995 - March 10, 1995

BARRETT DAY SECURITIES, INC.

BD
CRD#: 17717
NEW YORK, NY
Past

January 27, 1994 - July 19, 1994

BARRETT DAY SECURITIES, INC.

BD
CRD#: 17717
NEW YORK, NY
Past

December 6, 1993 - February 4, 1994

WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC

BD
CRD#: 11025
ST. LOUIS, MO

State Registrations and Notice Filings

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

Visual representation of state registrations

This advisor is not registered in any state.

Exams

State Security Law Exam
RR
Series 63
Date: 12/10/1993
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
Series 7
Date: 8/5/2009
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 24
Date: 11/11/1998
General Securities Principal Examination

Current Firm

BF
BASIS FINANCIAL, LLC
BASIS FINANCIAL, LLC | OMNI SECURITIES, L.L.C.

CRD#: 43694 / SEC#: , 8-50367

BD
Terminated by SEC on 02/14/2013
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address
Mailing Address
Phone number
Established
Texas since 07/15/1997
Firm type
Limited Liability Company
Fiscal year end
December
# of Employees

Documents

Direct owners and executive officers

NamePositionCRD#
SOUTHEASTERN FINANCIAL HOLDINGSSHAREHOLDER
KARAPETYAN, ARMENPRESIDENT

Disclosures

Regulatory Event3
Arbitration1

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

BASIS FINANCIAL, LLC

CRD#: 43694

TRUST BUT VERIFY

Monitor Lev Parnas

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.
© 2025 AdvisorCheck, an AIMR Analytics company.
All rights reserved.
Powered ByAIRM Analytics