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Michael Padnis

BRUCE MARKETS
CHICAGO, IL
·CRD# 2458843·32 years experience

Professional Summary

Michael Padnis, who also goes by Michael Andrew Padnis, Michael Padnis, is a registered financial advisor currently at BRUCE MARKETS LLC located in Chicago, Illinois. Michael is registered as a RR (Registered Representative) and started their career in finance in 1994. Michael has worked at 18 firms and has passed the Series 63, Series 6TO, Series 57TO, Series 99TO, SIE, Series 3, Series 55, Series 7, Series 6, Series 24, Series 10, Series 9 and...

At a Glance

Best-Interest Standard

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Michael Andrew Padnis, Michael Padnis

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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Years of Experience

32 years in the financial services industry

Current & Past Employments

BRUCE MARKETS LLC·CRD# 300209
BD
141 W Jackson Blvd Suite 500, Chicago, IL 60604
May 15, 2026 - Present
BLUE OCEAN ATS·CRD# 306512
BD
West Palm Beach, FL
May 31, 2023 - May 7, 2026
COWEN AND COMPANY·CRD# 7616
BD
New York, NY
April 10, 2023 - May 16, 2023
CLEAR STREET LLC·CRD# 288933
BD
New York, NY
October 11, 2021 - February 9, 2023
REDI GLOBAL TECHNOLOGIES LLC·CRD# 41924
BD
New York, NY
May 1, 2019 - October 4, 2021
FLEXTRADE LLC·CRD# 113226
BD
Great Neck, NY
April 4, 2017 - February 7, 2019
KISKI SECURITIES LLC·CRD# 159281
BD
New York, NY
April 29, 2015 - January 4, 2016
MERRILL LYNCH PROFESSIONAL CLEARING CORP.·CRD# 16139
BD
New York, NY
April 21, 2014 - April 13, 2015
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED·CRD# 7691
BD
New York, NY
April 14, 2014 - April 13, 2015
FM PARTNERS HOLDINGS LLC·CRD# 134736
BD
New York, NY
April 26, 2010 - December 9, 2013
THOMAS WEISEL PARTNERS LLC·CRD# 46237
BD
New York, NY
April 10, 2007 - October 22, 2009
INTERACTIVE BROKERS CORP.·CRD# 117942
BD
New York, NY
May 25, 2006 - April 4, 2007
HERZOG, HEINE, GEDULD, LLC·CRD# 2186
BD
New York, NY
April 22, 1999 - January 3, 2002
AUGMENT SECURITIES INC.·CRD# 28373
BD
New York, NY
April 30, 1997 - February 1, 1999
D. H. BLAIR & CO., INC.·CRD# 6833
BD
New York, NY
January 26, 1996 - April 21, 1997
FFP SECURITIES, INC.·CRD# 16337
BD
Chesterfield, MO
May 19, 1995 - December 31, 1995
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES·CRD# 4039
BD
New York, NY
March 14, 1994 - May 19, 1995
EQUITABLE ADVISORS, LLC·CRD# 6627
BD
New York, NY
March 14, 1994 - May 19, 1995

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Current Firm

BM
BRUCE MARKETS LLC

ALL TIME ATS | PEAK6 TRADING LLC | BRUCE MARKETS LLC | APEX CRYPTO LLC

CRD#: 300209 / SEC#: 8-70286
BD
Broker-Dealer Firm Regulated by FINRA (Chicago district office)

Contact Information

Main Address

141 W Jackson Blvd Suite 500, Chicago, IL 60604

Mailing Address

141 W Jackson Blvd Suite 500, Chicago, IL 60604

Phone Number

(312) 444-8000

Established

Delaware since 03/19/2020

Firm Type

Limited Liability Company

Fiscal Year End

December

Firm Size

Small

FINRA licenses (2 States and Territories)

Registered to provide investment advisory services in 0 US states and territories.

Documents

Direct owners and executive officers

NamePositionCRD#
BRUCE MARKETS HOLDINGS LLCMANAGING MEMBER—
D'AUGE, RALPH ANTHONYFINOP/PRINCIPAL FINANCIAL OFFICER4664611
INGLOT, KATARZYNACHIEF COMPLIANCE OFFICER4902558
LISH, MICHAEL KCHIEF OPERATING OFFICER, PRINCIPAL OPERATIONS OFFICER4539941
RUHANA, GEORGE WILLIAMEXECUTIVE CHAIR - BOARD OF DIRECTORS, BRUCE MARKETS HOLDINGS LLC.5517069
WALLACH, JASONCHIEF EXECUTIVE OFFICER4918286

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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.

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State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
This advisor is not registered in any state.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 63 — Uniform Securities Agent State Law Examination

Passed Jun 2006About the Series 63 exam

Series 6TO — Investment Company Products/Variable Contracts Representative Examination

Passed Jan 2023About the Series 6TO exam

Series 57TO — Securities Trader Exam

Passed Jan 2023About the Series 57TO exam

Series 99TO — Operations Professional Examination

Passed Jan 2023About the Series 99TO exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 3 — National Commodity Futures Examination

Passed Dec 2010About the Series 3 exam

Series 55 — Limited Representative-Equity Trader Exam

Passed May 2007

Series 7 — General Securities Representative Examination

Passed May 2006About the Series 7 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Mar 1994About the Series 6 exam

Series 24 — General Securities Principal Examination

Passed Jun 2015About the Series 24 exam

Series 10 — General Securities Sales Supervisor - General Module Examination

Passed Sep 2008About the Series 10 exam

Series 9 — General Securities Sales Supervisor - Options Module Examination

Passed Jun 2008About the Series 9 exam

Series 4 — Registered Options Principal Examination

Passed Nov 2007About the Series 4 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - BD

Click below to view Michael Padnis's CRS (Customer Relationship Summary).

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