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Bilal Basrai

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CRD#: 2990346
BB

Professional summary


Bilal Basrai was barred by both the FINRA and the SEC from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Bilal is a previously registered financial professional and started their career in finance in 2000. Prior to being barred, Bilal had worked at 10 firms, which includes LBMZ SECURITIES INC., C.K. COOPER & COMPANY INC., NILE CAPITAL LLC, CIM SECURITIES LLC, TERRA NOVA FINANCIAL LLC, STANFORD GROUP COMPANY, STIFEL NICOLAUS & COMPANY INCORPORATED, CITIGROUP GLOBAL MARKETS INC., UBS SECURITIES LLC, PRUDENTIAL EQUITY GROUP LLC.

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)


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

April 25, 2013 - August 14, 2015

LBMZ SECURITIES, INC.

BD
CRD#: 7874
Lisle, IL
Past

September 9, 2009 - April 22, 2013

C.K. COOPER & COMPANY, INC.

BD
CRD#: 106578
LISLE, IL
Past

May 5, 2009 - September 8, 2009

NILE CAPITAL, LLC

BD
CRD#: 122994
WABAN, MA
Past

March 31, 2008 - May 13, 2009

CIM SECURITIES, LLC

BD
CRD#: 120852
PALMER, AK
Past

July 9, 2007 - March 3, 2008

TERRA NOVA FINANCIAL, LLC

BD
CRD#: 37761
NEW YORK, NY
Past

November 12, 2004 - July 21, 2006

STANFORD GROUP COMPANY

BD
CRD#: 39285
BOCA RATON, FL
Past

January 12, 2004 - September 16, 2004

STIFEL, NICOLAUS & COMPANY, INCORPORATED

BD
CRD#: 793
ST. LOUIS, MO
Past

June 25, 2002 - May 9, 2003

CITIGROUP GLOBAL MARKETS INC.

BD
CRD#: 7059
NEW YORK, NY
Past

September 21, 2000 - April 3, 2001

UBS SECURITIES LLC

BD
CRD#: 7654
NEW YORK, NY
Past

March 3, 2000 - May 23, 2000

PRUDENTIAL EQUITY GROUP, LLC

BD
CRD#: 7471
NEW YORK, NY

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: 10/5/1999
Uniform Securities Agent State Law Examination
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam

Current Firm


LS
LBMZ SECURITIES, INC.
LBMZ SECURITIES, INC. | ZACKS TRADE | ZACKS AND COMPANY | ZACKS & COMPANY, INC. | ZACKS & COMPANY

CRD#: 7874 / SEC#: , 8-23266

BD
Broker-Dealer Firm Regulated by FINRA (Chicago district office)
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Contact information


Main Address
101 North Wacker Drive Suite 1500, Chicago, IL 60606-1705
Mailing Address
101 North Wacker Drive Suite 1500, Chicago, IL 60606-1705
Phone number
(312) 630-9880
Established
Illinois since 09/20/1978
Firm type
Corporation
Fiscal year end
November
Firm Size
Small
# of Employees

FINRA licenses (52 States and Territories)


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

Documents


Customer Relationship Summary (CRS / FINRA)

Direct owners and executive officers


NamePositionCRD#
FRANCINE ZACKS 2012 GIFT TRUSTOWNER
CALDER, JUDITH ANNCHIEF COMPLIANCE OFFICER38260
COLOMBO, DOUGLAS NMNFINOP1858351
ZACKS, LEONARD HARVEYPRESIDENT & DIRECTOR806891
ZACKS, MITCHEL ETHANTRUSTEE FOR THE FRANCINE ZACKS 2012 GIFT TRUST2649079

Disclosures


Regulatory Event8

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


LBMZ SECURITIES, INC.

CRD#: 7874

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