Madhu Beniwal
Professional summary
Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.
That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.
Madhu Beniwal, who also goes by Madhu Rathee, was a registered financial professional .
Madhu is a previously registered financial professional and started their career in finance in 2000. Madhu had worked at 10 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Experience
January 22, 2016 - May 8, 2025
WELLS FARGO CLEARING SERVICES, LLC
January 21, 2016 - May 8, 2025
WELLS FARGO CLEARING SERVICES, LLC
January 30, 2013 - January 4, 2016
SANTANDER SECURITIES LLC
January 30, 2013 - January 4, 2016
SANTANDER SECURITIES LLC
August 21, 2009 - November 14, 2011
HSBC SECURITIES (USA) INC.
August 21, 2009 - November 14, 2011
HSBC SECURITIES (USA) INC.
September 18, 2007 - November 10, 2008
CHASE INVESTMENT SERVICES CORP.
September 18, 2007 - November 10, 2008
CHASE INVESTMENT SERVICES CORP.
August 3, 2005 - August 24, 2007
CHASE INVESTMENT SERVICES CORP.
May 20, 2005 - August 24, 2007
CHASE INVESTMENT SERVICES CORP.
September 21, 2004 - May 18, 2005
ESSEX NATIONAL SECURITIES, LLC
July 20, 2004 - September 14, 2004
INVEST FINANCIAL CORPORATION
May 18, 2004 - August 3, 2004
CAPITAL ONE INVESTMENT SERVICES LLC
October 2, 2003 - June 2, 2004
INVEST FINANCIAL CORPORATION
August 9, 2002 - October 6, 2003
ESSEX NATIONAL SECURITIES, LLC
June 1, 2002 - August 21, 2002
J.J.B. HILLIARD, W.L. LYONS, LLC
May 30, 2001 - June 1, 2002
PNC BROKERAGE CORP
October 10, 2000 - May 18, 2001
1717 CAPITAL MANAGEMENT COMPANY
Primary Firm SEC Registration
WELLS FARGO CLEARING SERVICES, LLC
CRD#: 19616 / SEC#: 801-37967, 8-37180
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
Exams
Current Firm
WELLS FARGO CLEARING SERVICES, LLC
CRD#: 19616 / SEC#: 801-37967, 8-37180
Contact information
SEC notice filing (52 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Part 2 Brochures
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| WACHOVIA SECURITIES FINANCIAL HOLDINGS, LLC | SOLE MEMBER | |
| CRONK, DARRELL | HEAD OF INVESTMENT SOLUTIONS / WIM CHIEF INVESTMENT OFFICER / BOARD OF MANAGERS / CONTROL PRINCIPAL | 2498892 |
| GINDI, SOL | PRESIDENT / HEAD OF WIM DISTRIBUTION / BOARD OF MANAGERS / CONTROL PRINCIPAL | 4903526 |
| KARANIK, ERIK ANTHONY | BOARD OF MANAGERS | 2260890 |
| LACEY, PAUL | PRINCIPAL OPERATIONS OFFICER / CONTROL PRINCIPAL | 5616656 |
| PATEL, RAKESH | CHIEF FINANCIAL OFFICER / BOARD OF MANAGERS | 5385585 |
| SAUNDERS, DAVID WARD | DESIGNATED STATE PRINCIPAL | 2448617 |
| SOMESHWAR, PRASANNA | HEAD OF BANKING, LENDING & TRUST / CONTROL PRINCIPAL | 7491790 |
| SOMMERS, BARRY | CHIEF EXECUTIVE OFFICER / BOARD OF MANAGERS | 2301454 |
| TSAMADIAS, CHRISTOS G | CHIEF COMPLIANCE OFFICER | 5433568 |
Regulatory assets under management
| Total Number of Accounts | 1,327,695 |
| AUM (Assets Under Management) | $ 606,037,831,365 |
Disclosures
| Regulatory Event | 182 |
| Civil Event | 2 |
| Arbitration | 303 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 01/24/2025 | ||
| 12/11/2023 | ||
| 02/17/2023 |
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.
