Raymond J. Karst
Professional summary
Raymond Joseph Karst, who also goes by Raymond J Karst, Raymond Joseph Karst III, Raymond Karst, is a registered financial professional currently at DAVID LERNER ASSOCIATES, INC. located in White Plains, New York and JANNEY MONTGOMERY SCOTT LLC located in Purchase, New York.
Raymond is registered as a RR (Registered Representative) and started their career in finance in 1998. Raymond has worked at 10 firms and has passed the Series 63, SIE and Series 7 exams.
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary) - BD
Click below to view Raymond Joseph Karst's CRS (Customer Relationship Summary).
Certified licenses
Experience
July 26, 2018 - Present
DAVID LERNER ASSOCIATES, INC.
Office #1: 599 West Hartsdale Avenue, White Plains, NY 10607November 14, 2025 - Present
JANNEY MONTGOMERY SCOTT LLC
Office #1: One Manhattanville Road Suite 402, Purchase, NY 10577November 29, 2010 - June 18, 2013
WELLS FARGO CLEARING SERVICES, LLC
August 17, 2004 - September 12, 2008
SWISS AMERICAN SECURITIES INC.
February 3, 2004 - July 29, 2004
WESTMINSTER RESEARCH ASSOCIATES LLC
June 30, 2003 - February 2, 2004
THOMSON INSTITUTIONAL SERVICES INC.
December 22, 2000 - May 28, 2003
COREBRIDGE CAPITAL SERVICES, INC.
January 27, 2000 - October 11, 2000
BUCKMAN, BUCKMAN & REID, INC.
October 28, 1998 - February 23, 2000
PACIFIC CONTINENTAL SECURITIES CORPORATION
October 13, 1998 - November 5, 1998
PATTERSON TRAVIS, INC.
Primary Firm SEC Registration
JANNEY MONTGOMERY SCOTT LLC
CRD#: 463 / SEC#: 801-7258, 8-462
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
(2/8/2023)
(7/23/2024)
(9/3/2021)
(4/21/2025)
(9/17/2018)
(9/17/2018)
(7/15/2025)
(7/23/2024)
Exams
FINRA
Nasdaq Stock Market
New York Stock Exchange
Current Firm
JANNEY MONTGOMERY SCOTT LLC
CRD#: 463 / SEC#: 801-7258, 8-462
Contact information
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| JUNE PURCHASER LLC | OWNER | |
| CULLEY, JOSEPH DAVID | BANKING PRINCIPAL (BP) | 4275987 |
| DOWNEY, DANEEN ELIZABETH | DEPUTY GENERAL COUNSEL | 4758790 |
| FUSCO, CHRISTOPHER | ROSFP | 5858082 |
| HALL, CAROLINE KATHRYNE | CHIEF COMPLIANCE OFFICER | 6342772 |
| HRICKO, MICHAEL J | CHIEF FINANCIAL OFFICER | 4509746 |
| LEMPA, JESSICA ELLEN | IA CCO | 5276453 |
| MCSHEA, GREGORY BURNS | GENERAL COUNSEL | 2870963 |
| MILLER, ANTHONY MATTHEW | DIRECTOR, PRESIDENT AND CEO | 4597116 |
| MULLAN, DAVID MICHAEL | PRINCIPAL OPERATIONS OFFICER | 2739186 |
| REED, KEVIN JUDE | EXECUTIVE OFFICER | 2105832 |
| RIGGI, BRETT STEPHAN | CHIEF OPERATING OFFICER | 4462496 |
Regulatory assets under management
| Total Number of Accounts | 239,256 |
| AUM (Assets Under Management) | $ 100,795,564,390 |
Disclosures
| Regulatory Event | 54 |
| Arbitration | 66 |
| Bond | 1 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 11/07/2025 | ||
| 03/21/2025 | ||
| 10/09/2024 | ||
| 10/26/2023 |
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.
