Elayne C. Banks

CETERA INVESTMENT ADVISERS LLC

Schaumburg, IL 60173-2096

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CRD#: 3070202

Professional summary

Elayne Camille Banks is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Schaumburg, Illinois and CETERA INVESTMENT SERVICES LLC located in Schaumburg, Illinois.

Elayne is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1998. Elayne has worked at 9 firms and has passed the Series 66, Series 62, Series 99TO, SIE, Series 7 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

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.

1. WOODLAWN GARDENS CONDO ASSOC., NOT INVESTMENT RELATED, 6213 S WOODLAWN, CHICAGO, IL, 60637, HOA, STARTED 6/2017, RECORDING SECRETARY APX � HOUR PER WEEK, NOT DURING TRADING HOURS, BRIEF DESCRIPTION OF DUTIES: RECORDING & DISTRIBUTING MINUTES OF MEETINGS. 2. NEW HOPE CLUB OF LIBERTY BAPTIST CHURCH, NOT INVESTMENT RELATED, 4900 S KING DR., CHICAGO, IL , CHURCH AUXILIARY GROUP, STARTED 6/2017, PRESIDENT, APX � HOUR PER WEEK, NOT DURING TRADING HOURS, BRIEF DESCRIPTION OF DUTIES: COORDINATE VOLUNTEER EFFORTS AND FUNDRAISING ACTIVITIES.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Elayne Camille Banks'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

September 30, 2021 - Present

CETERA INVESTMENT ADVISERS LLC

Office #1: 1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096

RIA

CRD#: 105644

Schaumburg, IL

Current

September 29, 2021 - Present

CETERA INVESTMENT SERVICES LLC

Office #1: 1450 American Lane 6th Floor, Suite #650, Schaumburg, IL 60173

CRD#: 15340

Schaumburg, IL

Current

September 29, 2021 - Present

CETERA WEALTH SERVICES, LLC

Office #1: 1450 American Lane 6th Floor, Suite #650, Schaumburg, IL 60173

CRD#: 13572

Schaumburg, IL

Current

September 29, 2021 - Present

CETERA FINANCIAL SPECIALISTS LLC

Office #1: 1450 American Lane 6th Floor, Suite #650, Schaumburg, IL 60173

CRD#: 10358

Schaumburg, IL

Current

September 29, 2021 - Present

CETERA ADVISORS LLC

Office #1: 1450 American Lane 6th Floor, Suite #650, Schaumburg, IL 60173

CRD#: 10299

Schaumburg, IL

Past

September 29, 2021 - October 4, 2021

CETERA WEALTH SERVICES, LLC

RIA

CRD#: 13572

EL SEGUNDO, CA

Past

September 29, 2021 - September 8, 2022

FIRST ALLIED SECURITIES, INC.

CRD#: 32444

SCHAUMBURG, IL

Past

May 14, 2008 - September 29, 2021

CETERA INVESTMENT ADVISERS LLC

RIA

CRD#: 105644

SCHAUMBURG, IL

Past

May 14, 2008 - September 29, 2021

CETERA FINANCIAL SPECIALISTS LLC

CRD#: 10358

SCHAUMBURG, IL

Past

October 31, 2005 - January 28, 2008

EUROPEAN CREDIT MANAGEMENT INC.

CRD#: 128127

CHICAGO, IL

Past

August 17, 1998 - November 2, 2005

AMERIPRISE FINANCIAL SERVICES, LLC

RIA

CRD#: 6363

LISLE, IL

Past

July 24, 1998 - November 2, 2005

IDS LIFE INSURANCE COMPANY

CRD#: 6321

MINNEAPOLIS, MN

Past

July 24, 1998 - November 2, 2005

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

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".

CETERA INVESTMENT ADVISERS LLC

CRD#: 105644 / SEC#: 801-20406

RIA

Registered Investment Advisory firm - (1/13/1984 Approved)

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.

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

Illinois
(9/30/2021)

IAR

Illinois
(9/30/2021)

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. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 66

Date: 8/3/1998

Uniform Combined State Law Examination

General Industry/Product Exam

Series 62

Date: 1/2/2023

Corporate Securities Limited Representative Examination

General Industry/Product Exam

Series 99TO

Date: 1/2/2023

Operations Professional Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 7/2/1998

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 12/24/2005

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

CETERA INVESTMENT ADVISERS LLC

CRD#: 105644 / SEC#: 801-20406

RIA

Registered Investment Advisory firm - (1/13/1984 Approved)

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Contact information

Main Address

1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096

Mailing Address

Phone number

(310) 257-7880

Established

Firm type

Fiscal year end

# of Employees

7,705

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	584,487
AUM (Assets Under Management)	$ 163,792,814,520

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
10/27/2025	Cover Page	Report
12/13/2024	Cover Page	Report
09/26/2023	Cover Page	Report
11/18/2022	Cover Page	Report

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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Elayne C. Banks

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Elayne Camille Banks's CRS (Customer Relationship Summary).

Certified licenses

Experience

CETERA INVESTMENT SERVICES LLC

CETERA WEALTH SERVICES, LLC

CETERA FINANCIAL SPECIALISTS LLC

CETERA ADVISORS LLC

CETERA WEALTH SERVICES, LLC

FIRST ALLIED SECURITIES, INC.

CETERA INVESTMENT ADVISERS LLC

CETERA FINANCIAL SPECIALISTS LLC

EUROPEAN CREDIT MANAGEMENT INC.

AMERIPRISE FINANCIAL SERVICES, LLC

IDS LIFE INSURANCE COMPANY

AMERIPRISE FINANCIAL SERVICES, LLC

Primary Firm SEC Registration

CETERA INVESTMENT ADVISERS LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 8/3/1998

Series 62

Date: 1/2/2023

Series 99TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 7/2/1998

Series 24

Date: 12/24/2005

FINRA

Current Firm

CETERA INVESTMENT ADVISERS LLC

Contact information

SEC notice filing (53 States and Territories)

Documents

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

CETERA INVESTMENT ADVISERS LLC

TRUST BUT VERIFY

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