AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why AdvisorCheck

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
SW

Sherman M. White

Some features on this profile are disabled
CRD#: 3074692
SW

Professional summary

Sherman Marcel White was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Sherman is a previously registered financial professional and started their career in finance in 1998. Prior to being barred, Sherman had worked at 7 firms, which includes WINTRUST INVESTMENTS LLC, U.S. BANCORP INVESTMENTS INC., CITIZENS SECURITIES INC., CHASE INVESTMENT SERVICES CORP., INVESTORS BROKERAGE SERVICES INC., BANC ONE SECURITIES CORPORATION, MORGAN STANLEY DW INC..

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

October 20, 2015 - August 11, 2016

WINTRUST INVESTMENTS LLC

RIA
CRD#: 875
Steger, IL
Past

October 19, 2015 - August 11, 2016

WINTRUST INVESTMENTS LLC

BD
CRD#: 875
Steger, IL
Past

June 20, 2014 - September 21, 2015

U.S. BANCORP INVESTMENTS, INC.

RIA
CRD#: 17868
PARK FOREST, IL
Past

June 20, 2014 - September 21, 2015

U.S. BANCORP INVESTMENTS, INC.

BD
CRD#: 17868
PARK FOREST, IL
Past

June 14, 2012 - June 23, 2014

CITIZENS SECURITIES, INC.

RIA
CRD#: 39550
ALSIP, IL
Past

June 14, 2012 - June 23, 2014

CITIZENS SECURITIES, INC.

BD
CRD#: 39550
ALSIP, IL
Past

July 24, 2006 - February 8, 2012

CHASE INVESTMENT SERVICES CORP.

RIA
CRD#: 25574
WORTH, IL
Past

July 24, 2006 - February 8, 2012

CHASE INVESTMENT SERVICES CORP.

BD
CRD#: 25574
WORTH, IL
Past

February 23, 2006 - July 12, 2006

INVESTORS BROKERAGE SERVICES, INC.

BD
CRD#: 4257
ELGIN, IL
Past

July 6, 2005 - March 1, 2006

CHASE INVESTMENT SERVICES CORP.

RIA
CRD#: 25574
CHICAGO, IL
Past

July 6, 2005 - March 1, 2006

CHASE INVESTMENT SERVICES CORP.

BD
CRD#: 25574
CHICAGO, IL
Past

November 8, 2000 - July 6, 2005

BANC ONE SECURITIES CORPORATION

RIA
CRD#: 16999
CHICAGO, IL
Past

November 19, 1999 - July 6, 2005

BANC ONE SECURITIES CORPORATION

BD
CRD#: 16999
CHICAGO, IL
Past

August 10, 1998 - November 24, 1999

MORGAN STANLEY DW INC.

BD
CRD#: 7556
PURCHASE, 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: 10/3/1998
Uniform Securities Agent State Law Examination
State Security Law Exam
IAR
Series 65
Date: 8/25/1998
Uniform Investment Adviser Law Examination
General Industry/Product Exam
RR
SIE
Date: 8/11/2016
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 31
Date: 8/19/1998
Futures Managed Funds Examination
General Industry/Product Exam
RR
Series 7
Date: 8/7/1998
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 24
Date: 6/12/2006
General Securities Principal Examination

Current Firm

WINTRUST INVESTMENTS LLC
WINTRUST INVESTMENTS LLC
WAYNE HUMMER & CO. | WINTRUST WEALTH SERVICES | WINTRUST WEALTH MANAGEMENT | WINTRUST PRIVATE CLIENT GROUP | WINTRUST INVESTMENTS, LLC | WINTRUST INVESTMENTS LLC | WINTRUST INVESTMENTS INSURANCE AGENCY, LLC | WINTRUST INVESTMENTS | WAYNE HUMMER INVESTMENTS L.L.C. | WAYNE HUMMER INVESTMENTS

CRD#: 875 / SEC#: 801-64233, 8-484

BD
Terminated by SEC on 08/25/2025
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address
231 South Lasalle Street 13th Floor, Chicago, IL 60604
Mailing Address
Po Box 750, Chicago, IL 60606-0750
Phone number
(312) 431-1700
Established
Delaware since 01/31/1996
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Small
# of Employees
178

Documents

Latest Form ADV

Part 2 Brochures

WFA WRAP PROGRAMS BROCHURE (5/20/2024)
WTI ADV PART 2A BROCHURE (5/20/2024)

Direct owners and executive officers

NamePositionCRD#
WINTRUST BANKSOLE DIRECT OWNER
CARLISLE, PAUL CLAYTONDIRECTOR6314743
CORBETT, JAMES EDWARDCHIEF OPERATIONS OFFICER2371982
GETZ, BERT ATWATER JRDIRECTOR4588181
GLABE, MARLA FRIEDMANDIRECTOR2339176
HEITMANN, SCOTT KEITHDIRECTOR2351200
KAMRADT, MICHAEL PAULDIRECTOR1562014
MCKINNEY, SUZET MEYLIEUDIRECTOR7069598
SARILLO, CELENA ROLDANDIRECTOR7069597
SILVER, ELLIOTT JOSEPHCHIEF COMPLIANCE OFFICER1594446
SMYTH, MICHAEL JCHIEF FINANCIAL OFFICER2802717
SOMMERFIELD, JAMES ALFRED JRSR. COMPLIANCE OFFICER, INSURANCE PRINCIPAL2841304
STAFFORD, INGRID S.DIRECTOR7497076
ZIDAR, THOMAS PATRICKCHAIRMAN & CEO2128329

Regulatory assets under management

Total Number of Accounts10,969
AUM (Assets Under Management)$ 14,417,827,726

Disclosures

Regulatory Event5

Accountant surprise examination report

Filing DateForm ADV-E CoverForm ADV-E Report
09/25/2024
Cover Page
Report
09/27/2023
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.

Company Information

WINTRUST INVESTMENTS LLC

WINTRUST INVESTMENTS LLC

CRD#: 875

TRUST BUT VERIFY

Monitor Sherman White

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
Help Center
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.© 2026 AdvisorCheck, an AIMR Analytics company. All rights reserved.