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Ethan De Naray

FELTL ADVISORS
Babbitt, MN
·CRD# 4571532·24 years experience

Professional Summary

Ethan De Naray, who also goes by Ethan Hamilton De Naray, Ethan H Denaray, is a registered financial advisor currently at FELTL ADVISORS located in Babbitt, Minnesota and FELTL & COMPANY located in Plymouth, Minnesota. Ethan is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2002. Ethan has worked at 4 firms and has passed the Series 65, Series 63, SIE, Series 3, Series 31...

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Ethan Hamilton De Naray, Ethan H Denaray

Blog Corner

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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Years of Experience

24 years in the financial services industry

Current & Past Employments

FELTL ADVISORS·CRD# 165244
RIA
Babbitt, MN
July 27, 2017 - Present
FELTL & COMPANY·CRD# 6905
BD
One Carlson Parkway North Suite 225, Plymouth, MN 55447
July 19, 2017 - Present
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED·CRD# 7691
RIA
Minneapolis, MN
March 5, 2012 - June 5, 2017
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED·CRD# 7691
BD
Minneapolis, MN
February 1, 2008 - June 5, 2017
CITIGROUP GLOBAL MARKETS INC.·CRD# 7059
BD
Minneapolis, MN
September 20, 2002 - February 11, 2008

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Current Firm

FA
FELTL ADVISORS

FELTL ADVISORS | FELTL ADVISORS, LLC

CRD#: 165244 / SEC#: 801-77347
RIA
Registered Investment Advisory firm - SEC (11/1/2012 Approved)

Contact Information

Main Address

One Carlson Parkway North Suite 225, Plymouth, MN 55447

Phone Number

(612) 492-8800

# of Employees

15

SEC notice filing (25 States and Territories)

Registered to provide investment advisory services in 25 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

FELTL ADVISORS FIRM BROCHURE (3/31/2026)

Regulatory Assets Under Management

Total Number of Accounts

563

AUM (Assets Under Management)

$165,615,748

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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.

Previous rental property (house- only owner), 860 Brown Road S., Orono, MN 55391 placed in RR de Naray established LLC called Polar Star LLC in February 2022, then later sold and 1031 exchanged into new 9601 Polar Star LLC, which bought commerial building 9601 Granger Road, Garfield Heights, OH 44125, RR De Naray owns 100% of LLC, very limited duties as he hired a management company for the day to day, rental income compensation, duties are approximately 4 hours per month.

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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".
FA
FELTL ADVISORS

FELTL ADVISORS | FELTL ADVISORS, LLC

CRD#: 165244 / SEC#: 801-77347
RIA
Registered Investment Advisory firm - SEC (11/1/2012 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.
RR
indicates the advisor is registered as a Registered Representative in this state, allowing securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
California
(8/1/2017)
IAR
California
(1/4/2023)
RR
Colorado
(11/29/2017)
IAR
Colorado
(4/6/2023)
RR
Florida
(10/16/2017)
IAR
Florida
(4/14/2021)
RR
Illinois
(10/25/2017)
IAR
Illinois
(2/26/2021)
IAR
Maine
(5/8/2026)
RR
Minnesota
(7/26/2017)
IAR
Minnesota
(7/27/2017)
IAR
Nebraska
(3/31/2025)
RR
New Hampshire
(2/17/2026)
RR
North Dakota
(2/21/2023)
RR
Oregon
(7/17/2023)
RR
Texas
(2/5/2018)
IAR
Texas
(1/5/2023)
IAR
Utah
(1/23/2026)
RR
Wisconsin
(7/28/2017)
IAR
Wisconsin
(1/5/2023)

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

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Oct 2002About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Oct 2002About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 3 — National Commodity Futures Examination

Passed Jun 2012About the Series 3 exam

Series 31 — Futures Managed Funds Examination

Passed Oct 2005About the Series 31 exam

Series 7 — General Securities Representative Examination

Passed Sep 2002About the Series 7 exam
FINRA
SRO Registrations
Nasdaq Stock Market
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view Ethan De Naray's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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