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AM

Allan J. Mcdonell

CABOT LODGE SECURITIES LLC
Schaumburg, IL 60173
Some features on this profile are disabled
CRD#: 2604395
AM

Professional summary

Allan James Mcdonell is a registered financial professional currently at CABOT LODGE SECURITIES LLC located in Schaumburg, Illinois and WORLD EQUITY GROUP, INC. located in Schaumburg, Illinois.

Allan is registered as a RR (Registered Representative) and started their career in finance in 1995. Allan has worked at 7 firms and has passed the Series 63, Series 65, Series 52TO, SIE, Series 7, Series 6, Series 53, Series 4, Series 24, Series 27, Series 9, Series 10 and Series 26 exams.

top-8-questions

Question & Answer

Are you a "fiduciary"?
No

Aliases

None

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 Allan James Mcdonell'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

July 18, 2023 - Present

CABOT LODGE SECURITIES LLC

Office #1: 425 N Martingale Rd Suite 1220, Schaumburg, IL 60173
BD
CRD#: 159712
Schaumburg, IL
Current

October 12, 2023 - Present

WORLD EQUITY GROUP, INC.

Office #1: 425 N Martingale Rd Suite 1220, Schaumburg, IL 60173
RIA
BD
CRD#: 29087
Schaumburg, IL
Past

July 5, 2016 - June 1, 2018

BANKERS LIFE ADVISORY SERVICES, INC.

RIA
CRD#: 281285
CHICAGO, IL
Past

February 2, 2016 - June 1, 2018

BANKERS LIFE SECURITIES, INC.

BD
CRD#: 173962
CHICAGO, IL
Past

March 28, 2002 - January 15, 2016

NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC

RIA
CRD#: 2881
FRANKLIN, WI
Past

April 2, 1999 - January 15, 2016

NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC

BD
CRD#: 2881
FRANKLIN, WI
Past

April 18, 1995 - March 26, 1999

METROPOLITAN LIFE INSURANCE COMPANY

BD
CRD#: 4095
NEW YORK, NY
Past

April 18, 1995 - March 26, 1999

MSI FINANCIAL SERVICES, INC.

BD
CRD#: 14251
SPRINGFIELD, MA

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".
WE
WORLD EQUITY GROUP, INC.
COMPASS ASSET MANAGEMENT | WORLD EQUITY GROUP, INC. | UNITED FINANCIAL GROUP INC. | PRAXIS WEALTH MANAGEMENT | MIDWAY WEALTH PARTNERS | MARTIN JAMES INVESTMENT & TAX MANAGEMENT LLC | INFINITY WEALTH MANAGEMENT, LLC | FOUR POINTS ADVISORY

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

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

RR
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

RR
Illinois
(8/24/2023)
RR
New York
(9/9/2023)

Exams

State Security Law Exam
RR
Series 63
Date: 8/22/2023
Uniform Securities Agent State Law Examination
State Security Law Exam
IAR
Series 65
Date: 8/13/1999
Uniform Investment Adviser Law Examination
General Industry/Product Exam
RR
Series 52TO
Date: 10/21/2024
Municipal Securities Representative Examination
General Industry/Product Exam
RR
SIE
Date: 6/1/2018
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 3/11/1998
General Securities Representative Examination
General Industry/Product Exam
RR
Series 6
Date: 4/13/1995
Investment Company Products/Variable Contracts Representative Examination
Principal/Supervisory Exam
RR
Series 53
Date: 6/27/2025
Municipal Securities Principal Examination
Principal/Supervisory Exam
RR
Series 4
Date: 9/9/2024
Registered Options Principal Examination
Principal/Supervisory Exam
RR
Series 24
Date: 9/8/2023
General Securities Principal Examination
Principal/Supervisory Exam
RR
Series 27
Date: 7/14/2000
Financial and Operations Principal Examination
Principal/Supervisory Exam
RR
Series 9
Date: 6/27/2000
General Securities Sales Supervisor - Options Module Examination
Principal/Supervisory Exam
RR
Series 10
Date: 4/24/2000
General Securities Sales Supervisor - General Module Examination
Principal/Supervisory Exam
RR
Series 26
Date: 4/25/1995
Investment Company Products/Variable Contracts Principal Examination
SRO Registrations
RR
FINRA

Current Firm

WE
WORLD EQUITY GROUP, INC.
COMPASS ASSET MANAGEMENT | WORLD EQUITY GROUP, INC. | UNITED FINANCIAL GROUP INC. | PRAXIS WEALTH MANAGEMENT | MIDWAY WEALTH PARTNERS | MARTIN JAMES INVESTMENT & TAX MANAGEMENT LLC | INFINITY WEALTH MANAGEMENT, LLC | FOUR POINTS ADVISORY

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

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

Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

FINRA licenses (53 States and Territories)

Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

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

NamePositionCRD#
WENTWORTH MANAGEMENT SERVICES, LLCOWNER
DUDAS, STEPHEN STANLEYPRESIDENT4820047
GOULD, CRAIG MICHAELCHIEF EXECUTIVE OFFICER2367293
LISHCHYNSKY, MARK JOHN JRCHIEF OPERATING OFFICER2478952
WEBB, WILLIAM DUDLEY JRCHIEF COMPLIANCE OFFICER1256777

Regulatory assets under management

Total Number of Accounts3,151
AUM (Assets Under Management)$ 944,844,374

Disclosures

Regulatory Event12

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

WORLD EQUITY GROUP, INC.

CRD#: 29087Schaumburg, IL 60173

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