DR
Dave B. Rao
NATIONS FINANCIAL GROUP
Woodbury, NY
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CRD#: 4043172
DR
Professional summary
Dave B Rao is a registered financial advisor currently at NATIONS FINANCIAL GROUP, INC. located in Woodbury, New York.
Dave is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1999. Dave has worked at 13 firms and has passed the Series 65, Series 63, SIE, Series 31, Series 87, Series 86, 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) RAO WEALTH PARTNERS; 445 BROAD HOLLOW RD., SUITE 25 MELVILLE, NY 11747; IS INVESTMENT RELATED; NATURE OF BUSINESS IS DBA FOR RAO CAPITAL.; POSITION IS MANAGING PRINCIPAL; STARTED 05/20/2016; 160 HOURS SPENT ON ACTIVITY, WITH 160 DURING SECURITY TRADING HRS; DUTIES ARE TO USE AS BRAND NAME FOR NATIONS FINANCIAL GROUP BROKERAGE SERVICES AND INVESTMENT ADVISORY BUSINESS // (2)RAO CAPITAL; 445 BROAD HOLLOW RD., SUITE 25 MELVILLE, NY 11747; IS INVESTMENT RELATED; NATURE OF BUSINESS IS OPERATIONAL ARM OF INVESTMENT ADVISORY BUSINESS THROUGH NATIONS FINANCIAL GROUP; POSITION IS PRESIDENT; STARTED 09/01/2014; APPROX. 5 HOURS SPENT ON ACTIVITY PER MONTH, 0 HOURS SPENT ON ACTIVITY DURING TRADING HOURS; DUTIES ARE TO USE THIS ENTITY SOLELY FOR RUNNING THE OPERATIONAL SIDE OF INVESTMENT ADVSORY BUSINESS THROUGH NATIONS FINANCIAL GROUP//
CRS (Client Relationship Summary) - RIA
Click below to view Dave B Rao's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Dave B Rao's 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®
NoneExperience
Current
April 13, 2021 - Present
NATIONS FINANCIAL GROUP, INC.
Office #2: 445 Broad Hollow Rd. Suite 25, Melville, NY 11747RIA
BD
CRD#: 44181
Woodbury, NY
Current
April 12, 2021 - Present
NATIONS FINANCIAL GROUP, INC.
Office #2: 445 Broad Hollow Rd. Suite 25, Melville, NY 11747RIA
BD
CRD#: 44181
Woodbury, NY
Past
September 20, 2019 - April 15, 2021
CETERA WEALTH SERVICES, LLC
BD
CRD#: 13572
Melville, NY
Past
May 25, 2016 - April 15, 2021
SUMMIT FINANCIAL GROUP INC
RIA
CRD#: 109485
Melville, NY
Past
May 25, 2016 - September 20, 2019
SUMMIT BROKERAGE SERVICES, INC.
BD
CRD#: 34643
Melville, NY
Past
November 17, 2014 - June 23, 2016
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
RIA
CRD#: 11025
MELVILLE, NY
Past
November 14, 2014 - June 23, 2016
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
BD
CRD#: 11025
MELVILLE, NY
Past
May 26, 2011 - November 19, 2014
MORGAN STANLEY
RIA
CRD#: 149777
MELVILLE, NY
Past
May 14, 2010 - November 19, 2014
MORGAN STANLEY
BD
CRD#: 149777
MELVILLE, NY
Past
May 20, 2009 - April 29, 2010
JEFFERIES LLC
BD
CRD#: 2347
NEW YORK, NY
Past
June 11, 2008 - April 8, 2009
PIPER SANDLER & CO.
BD
CRD#: 665
NEW YORK, NY
Past
July 18, 2006 - March 28, 2008
CREDIT SUISSE SECURITIES (USA) LLC
BD
CRD#: 816
NEW YORK, NY
Past
May 16, 2001 - July 9, 2002
ROBERTSON STEPHENS, INC.
BD
CRD#: 41271
SAN FRANCISCO, CA
Past
April 30, 2001 - May 29, 2001
ABN AMRO INCORPORATED
BD
CRD#: 15776
STAMFORD, CT
Past
May 16, 2000 - April 30, 2001
ABN AMRO SECURITIES LLC
BD
CRD#: 6540
NEW YORK, NY
Past
December 17, 1999 - May 4, 2000
PERSHING LLC
BD
CRD#: 7560
JERSEY CITY, NJ
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".
NF
NATIONS FINANCIAL GROUP, INC.
FRONTIER INVESTMENT SERVICES | NATIONS FINANCIAL GROUP, INC. | NATIONAL BROKERAGE SERVICES, INC.
CRD#: 44181 / SEC#: 801-57407, 8-50588
RIA
Registered Investment Advisory firm - SEC (5/3/2000 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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.RR
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
RR
California(4/12/2021)
RR
Connecticut(4/12/2021)
RR
Florida(4/12/2021)
RR
Georgia(4/21/2021)
RR
Illinois(4/12/2021)
RR
Maryland(4/12/2021)
RR
Massachusetts(4/12/2021)
RR
Missouri(10/24/2023)
RR
New Jersey(4/12/2021)
RR
New York(4/12/2021)
IAR
New York(5/3/2021)
RR
North Carolina(11/19/2024)
RR
Pennsylvania(1/8/2025)
RR
Tennessee(4/12/2021)
RR
Texas(4/20/2021)
IAR
Texas(2/28/2023)
RR
Vermont(6/12/2023)
RR
Virginia(5/31/2024)
RR
Washington(8/11/2023)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
NF
NATIONS FINANCIAL GROUP, INC.
FRONTIER INVESTMENT SERVICES | NATIONS FINANCIAL GROUP, INC. | NATIONAL BROKERAGE SERVICES, INC.
CRD#: 44181 / SEC#: 801-57407, 8-50588
RIA
Registered Investment Advisory firm - SEC (5/3/2000 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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Contact information
Main Address
3925 Fountains Blvd Ne Suite 200, Cedar Rapids, IA 52411
Mailing Address
3925 Fountains Blvd Ne Suite 200, Cedar Rapids, IA 52411
Phone number
(319) 393-9541
Established
Iowa since 11/14/1997
Firm type
Corporation
Fiscal year end
December
Firm Size
Small
# of Employees
87
SEC notice filing (44 States and Territories)
FINRA licenses (51 States and Territories)
Direct owners and executive officers
Regulatory assets under management
| Total Number of Accounts | 9,822 |
| AUM (Assets Under Management) | $ 3,867,522,560 |
Disclosures
| Arbitration | 1 |
| Bond | 1 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 11/26/2025 | ||
| 09/26/2024 | ||
| 11/22/2023 | ||
| 12/28/2022 |
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.
