Prakash D. Simha

PRAKASH INVESTMENT ADVISORS LLC

Andover, MA

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CRD#: 2970036

Professional summary

Prakash Devendranath Simha, who also goes by Prakash None, Devendranath Prakash, Dave Simha, Devendranath Simha, is a registered financial advisor currently at PRAKASH INVESTMENT ADVISORS LLC located in Andover, Massachusetts.

Prakash is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1997. Prakash has worked at 6 firms and has passed the Series 65, Series 66, Series 63, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Prakash None | Devendranath Prakash | Dave Simha | Devendranath Simha

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.

DBA GOLDEN LOTUS FINANCIALS LOCATED AT 2 YARDLEY ROAD, ANDOVER, MA 01810. INVESTMENT ADVISORY SERVICES AND INSURANCE SALES. TITLE: FINANCIAL ADVISOR. START DATE: 2/2003. 95% OF TIME - 5% SPENT ON INSURANCE. INSURANCE AGENT SINCE 1997. SAMEL INSURANCE AGENCY 15 CENTRAL ST. ANDOVER MA 01810 SUPERVISOR JONATHAN SAMEL PERSONAL AND COMMERCIAL INSURANCE MINIMAL AMOUNT OF TIME SPENT ON THIS ACTIVITY. INVESTORS MARKETING SERVICES, 168 CENTRAL ST, DANVERS MA, INSURANCE AGENT, LESS THAN 3% OF TIME DEVOTED DURING TRADING HOURSE, STARTED IN 2003

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Prakash Devendranath Simha'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 27, 2012 - Present

PRAKASH INVESTMENT ADVISORS LLC

RIA

CRD#: 163994

Andover, MA

Past

January 13, 2010 - September 7, 2012

THE STRATEGIC FINANCIAL ALLIANCE, INC.

RIA

CRD#: 126514

ANDOVER, MA

Past

December 23, 2009 - September 7, 2012

THE STRATEGIC FINANCIAL ALLIANCE, INC.

CRD#: 126514

ANDOVER, MA

Past

January 13, 2005 - December 10, 2009

INVESTORS CAPITAL CORP.

RIA

CRD#: 30613

ANDOVER, MA

Past

September 8, 2003 - December 31, 2004

EASTERN POINT ADVISORS INC.

RIA

CRD#: 107123

LYNNFIELD, MA

Past

February 4, 2003 - December 10, 2009

INVESTORS CAPITAL CORP.

CRD#: 30613

LYNNFIELD, MA

Past

December 10, 1997 - February 4, 2003

METROPOLITAN LIFE INSURANCE COMPANY

CRD#: 4095

NEW YORK, NY

Past

December 10, 1997 - February 4, 2003

MSI FINANCIAL SERVICES, INC.

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".

PRAKASH INVESTMENT ADVISORS LLC

PIAR LLC | PRAKASH INVESTMENT SOLUTIONS INC. | PRAKASH INVESTMENT ADVISORS LLC

CRD#: 163994 / SEC#: 801-129979

RIA

Registered Investment Advisory firm - (4/25/2024 Approved)

California

Registered Investment Advisory firm - (8/4/2024 Terminated)

Illinois

Registered Investment Advisory firm - (8/8/2022 Terminated)

Louisiana

Registered Investment Advisory firm - (7/29/2024 Terminated)

Massachusetts

Registered Investment Advisory firm - (7/5/2024 Terminated)

Tennessee

Registered Investment Advisory firm - (7/9/2024 Terminated)

Texas

Registered Investment Advisory firm - (7/5/2024 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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.

Highlighted states indicate IAR registrations

IAR

Massachusetts
(7/27/2012)

IAR

Nevada
(2/25/2025)

IAR

Texas
(1/5/2013)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 9/9/2017

Uniform Investment Adviser Law Examination

State Security Law Exam

IAR

Series 66

Date: 8/18/2003

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 12/31/1997

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 11/24/1998

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 12/8/1997

Investment Company Products/Variable Contracts Representative Examination

Current Firm

PRAKASH INVESTMENT ADVISORS LLC

PIAR LLC | PRAKASH INVESTMENT SOLUTIONS INC. | PRAKASH INVESTMENT ADVISORS LLC

CRD#: 163994 / SEC#: 801-129979

RIA

Registered Investment Advisory firm - (4/25/2024 Approved)

California

Registered Investment Advisory firm - (8/4/2024 Terminated)

Illinois

Registered Investment Advisory firm - (8/8/2022 Terminated)

Louisiana

Registered Investment Advisory firm - (7/29/2024 Terminated)

Massachusetts

Registered Investment Advisory firm - (7/5/2024 Terminated)

Tennessee

Registered Investment Advisory firm - (7/9/2024 Terminated)

Texas

Registered Investment Advisory firm - (7/5/2024 Terminated)

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Contact information

Main Address

Las Vegas, NV

Mailing Address

Phone number

(978) 273-9747

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (6 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

DISCLOSURE BROCHURE (7/17/2025)

Regulatory assets under management

Total Number of Accounts	275
AUM (Assets Under Management)	$ 130,308,345

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.

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Firm Stability Insights

Prakash D. Simha

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Prakash Devendranath Simha's CRS (Customer Relationship Summary).

Certified licenses

Experience

THE STRATEGIC FINANCIAL ALLIANCE, INC.

THE STRATEGIC FINANCIAL ALLIANCE, INC.

INVESTORS CAPITAL CORP.

EASTERN POINT ADVISORS INC.

INVESTORS CAPITAL CORP.

METROPOLITAN LIFE INSURANCE COMPANY

MSI FINANCIAL SERVICES, INC.

Primary Firm SEC Registration

PRAKASH INVESTMENT ADVISORS LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 9/9/2017

Series 66

Date: 8/18/2003

Series 63

Date: 12/31/1997

Series 7

Date: 11/24/1998

Series 6

Date: 12/8/1997

Current Firm

PRAKASH INVESTMENT ADVISORS LLC

Contact information

SEC notice filing (6 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

PRAKASH INVESTMENT ADVISORS LLC

TRUST BUT VERIFY

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