JF
John E. Forness
PRINCIPAL SECURITIES
Monroe, NC
Some features on this profile are disabled
CRD#: 2611429
JF
Professional summary
John Edward Forness, who also goes by John E Forness, is a registered financial advisor currently at PRINCIPAL SECURITIES, INC. located in Monroe, North Carolina.
John is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1995. John has worked at 9 firms and has passed the Series 65, Series 66, Series 63, Series 82TO, Series 6TO, Series 52TO, Series 99TO, Series 22TO, SIE, Series 31, Series 7, Series 53, Series 26, Series 39, Series 14, Series 24, Series 10, Series 9 and Series 4 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
John E Forness
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.
SHORE BEATS WORK POSITION: Property Manager NATURE: Real Estate Rental Income INVESTMENT RELATED: No NUMBER OF HOURS: 4 SECURITIES TRADING HOURS: 0 START DATE: 05/16/2024 ADDRESS: 136 Palmetto Place Ln, Winnsboro SC 29180, United States DESCRIPTION: Family-owned lake house that I manage weekly rentals during the summer months. We utilize VRBO.com (#1545310).
CRS (Client Relationship Summary) - RIA
Click below to view John Edward Forness's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view John Edward Forness's 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®
NoneExperience
Current
June 28, 2024 - Present
PRINCIPAL SECURITIES, INC.
RIA
BD
CRD#: 1137
Monroe, NC
Current
May 6, 2024 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 401 Mccullough Dr Ste 200, Charlotte, NC 28262RIA
BD
CRD#: 1137
Charlotte, NC
Past
January 31, 2020 - May 3, 2024
WELLS FARGO SECURITIES, LLC
BD
CRD#: 126292
CHARLOTTE, NC
Past
October 5, 2015 - September 17, 2019
WELLS FARGO CLEARING SERVICES, LLC
RIA
CRD#: 19616
CHARLOTTE, NC
Past
October 2, 2015 - September 17, 2019
WELLS FARGO CLEARING SERVICES, LLC
BD
CRD#: 19616
CHARLOTTE, NC
Past
November 6, 2013 - September 28, 2015
WELLS FARGO SECURITIES, LLC
BD
CRD#: 126292
CHARLOTTE, NC
Past
December 9, 2008 - November 8, 2013
WELLS FARGO CLEARING SERVICES, LLC
RIA
CRD#: 19616
CHARLOTTE, NC
Past
November 27, 2008 - November 8, 2013
WELLS FARGO CLEARING SERVICES, LLC
BD
CRD#: 19616
CHARLOTTE, NC
Past
January 3, 2006 - February 21, 2006
E*TRADE SECURITIES LLC
BD
CRD#: 29106
CHARLOTTE, NC
Past
September 21, 2000 - December 31, 2005
HARRISDIRECT LLC
BD
CRD#: 42159
JERSEY CITY, NJ
Past
October 6, 1998 - August 10, 2000
BANC OF AMERICA INVESTMENT SERVICES, INC.
BD
CRD#: 16361
BOSTON, MA
Past
June 20, 1997 - October 16, 1998
INVESTORS CAPITAL CORP.
BD
CRD#: 30613
LYNNFIELD, MA
Past
May 12, 1995 - February 4, 1997
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
MINNEAPOLIS, MN
Past
May 12, 1995 - July 21, 1997
IDS LIFE INSURANCE COMPANY
BD
CRD#: 6321
MINNEAPOLIS, MN
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".
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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.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
Alabama(5/6/2024)
RR
Alaska(5/6/2024)
RR
Arizona(5/6/2024)
RR
Arkansas(5/6/2024)
RR
California(5/6/2024)
RR
Colorado(5/6/2024)
RR
Connecticut(5/6/2024)
RR
Delaware(5/6/2024)
RR
District of Columbia(5/6/2024)
RR
Florida(5/6/2024)
RR
Georgia(5/6/2024)
RR
Hawaii(5/6/2024)
RR
Idaho(5/6/2024)
RR
Illinois(5/6/2024)
RR
Indiana(5/6/2024)
RR
Iowa(5/6/2024)
RR
Kansas(5/6/2024)
RR
Kentucky(5/6/2024)
RR
Louisiana(5/6/2024)
RR
Maine(5/6/2024)
RR
Maryland(5/6/2024)
RR
Massachusetts(5/6/2024)
RR
Michigan(5/6/2024)
RR
Minnesota(5/6/2024)
RR
Mississippi(5/6/2024)
RR
Missouri(5/6/2024)
RR
Montana(5/6/2024)
RR
Nebraska(5/6/2024)
RR
Nevada(5/6/2024)
RR
New Hampshire(5/6/2024)
RR
New Jersey(5/6/2024)
RR
New Mexico(5/6/2024)
RR
New York(5/6/2024)
RR
North Carolina(5/6/2024)
IAR
North Carolina(6/28/2024)
RR
North Dakota(5/6/2024)
RR
Ohio(5/7/2024)
RR
Oklahoma(5/6/2024)
RR
Oregon(5/6/2024)
RR
Pennsylvania(5/6/2024)
RR
Rhode Island(5/6/2024)
RR
South Carolina(5/6/2024)
RR
South Dakota(5/6/2024)
RR
Texas(5/6/2024)
IAR
Texas(6/28/2024)
RR
Utah(5/6/2024)
RR
Vermont(5/6/2024)
RR
Virginia(5/6/2024)
RR
Washington(5/6/2024)
RR
West Virginia(5/6/2024)
RR
Wisconsin(5/6/2024)
RR
Wyoming(5/6/2024)
Exams
State Security Law Exam
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
RR
Series 82TO
Date: 1/2/2023
Limited Representative-Private Securities OfferingsGeneral Industry/Product Exam
RR
Series 6TO
Date: 1/2/2023
Investment Company Products/Variable Contracts Representative ExaminationGeneral Industry/Product Exam
RR
Series 52TO
Date: 1/2/2023
Municipal Securities Representative ExaminationGeneral Industry/Product Exam
RR
Series 99TO
Date: 1/2/2023
Operations Professional ExaminationGeneral Industry/Product Exam
RR
Series 22TO
Date: 1/2/2023
Direct Participation Programs Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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Contact information
Main Address
711 High Street, Des Moines, IA 50392
Mailing Address
Principal Financial Group 711 High Street, Des Moines, IA 50392-2080
Phone number
(888) 774-6267
Established
Iowa since 05/01/1968
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
1,436
SEC notice filing (51 States and Territories)
FINRA licenses (52 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| PRINCIPAL FINANCIAL SERVICES, INC. | OWNER | |
| AGRAWAL, VIVEK | DIRECTOR | 8050381 |
| CLAIRE, CHAD THOMAS | CHIEF INFORMATION OFFICER | 7219218 |
| DROGAN, THOMAS JOHN | CHIEF COMPLIANCE OFFICER | 2760482 |
| FRIEDRICH, AMY CHRISTINE | DIRECTOR | 7097797 |
| LAWLER, CODY ANTHONY | HEAD OF SUPERVISION, HEAD OF OPERATIONS | 5162072 |
| MCCULLUM, KENNETH ALLEN | DIRECTOR | 4695257 |
| MURRAY, MICHAEL FRANCIS | PRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR | 2074275 |
| RANTS, DOUGLAS JOHN | CHIEF INFORMATION SECURITY OFFICER | 7148529 |
| ROBERTS, DAWN MARIE | CHIEF FINANCIAL OFFICER | 7929617 |
| SCHELHAAS, NATHAN PAUL | DIRECTOR | 7275495 |
| SPADAFORA, CRAIG ALAN | SENIOR VICE PRESIDENT / HEAD OF ADVISORY AND PLATFORM | 3184320 |
| VANWINKLE, DANIEL SIMON | PSI AML OFFICER | 4715191 |
Regulatory assets under management
| Total Number of Accounts | 63,730 |
| AUM (Assets Under Management) | $ 14,827,718,110 |
Disclosures
| Regulatory Event | 9 |
| Arbitration | 3 |
| Bond | 3 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 09/26/2025 | ||
| 10/28/2024 | ||
| 11/28/2023 | ||
| 09/22/2023 | ||
| 12/20/2022 |
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.
