Michael E. Magruder
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CRD#: 4579211
Professional summary
Michael Edwin Magruder was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.
Michael is a previously registered financial professional and started their career in finance in 2003. Prior to being barred, Michael had worked at 4 firms, which includes RAYMOND JAMES & ASSOCIATES INC., MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED, WELLS FARGO CLEARING SERVICES LLC, MORGAN KEEGAN & COMPANY LLC.
Question & Answer
Are you a "fiduciary"?
No
Aliases
Michael Magruder
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)Name of Business: 30A Life Address: 10036 hyperion lane, golden oak, FL, 32836, United States Activity Type: Business Owner Position/Title: Partner Investment Related: No Start Date: 07/16/2020 Hours per month devoted to this business: 0-1 Hours per month devoted to this business during trading hours: 0-1 Description of duties: no responsibilities, my wifes social media account she does not run anymore (2)Name of Business: Centurion Family Holdings Address: 10036 Hyperion Lane, Golden Oak, FL, 32836, United States Activity Type: Business Owner Position/Title: Other Investment Related: No Start Date: 04/09/2019 Hours per month devoted to this business: 0-1 Hours per month devoted to this business during trading hours: 0-1 Description of duties: N/A \nManaging Member however, I have not funded this intitey so I have no current roles (3)Name of Business: Dude Bros LLC Address: 10036 hyperion lane, Golden Oak , FL, 32836, United States Activity Type: Business Owner Position/Title: Other Investment Related: No Start Date: 06/10/2022 Hours per month devoted to this business: 0-1 Hours per month devoted to this business during trading hours: 0-1 Description of duties: Opened the business for my son for his junior year IB Business class
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®
NoneExperience
Past
July 2, 2021 - August 2, 2024
RAYMOND JAMES & ASSOCIATES, INC.
RIA
CRD#: 705
ORLANDO, FL
Past
July 1, 2021 - August 2, 2024
RAYMOND JAMES & ASSOCIATES, INC.
BD
CRD#: 705
ORLANDO, FL
Past
August 21, 2015 - July 2, 2021
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
RIA
CRD#: 7691
DESTIN, FL
Past
August 21, 2015 - July 2, 2021
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BD
CRD#: 7691
DESTIN, FL
Past
May 5, 2010 - August 28, 2015
WELLS FARGO CLEARING SERVICES, LLC
RIA
CRD#: 19616
SOUTHLAKE, TX
Past
May 5, 2010 - August 28, 2015
WELLS FARGO CLEARING SERVICES, LLC
BD
CRD#: 19616
SOUTHLAKE, TX
Past
March 2, 2007 - May 7, 2010
RAYMOND JAMES & ASSOCIATES, INC.
RIA
CRD#: 705
DALLAS, TX
Past
March 8, 2005 - February 12, 2007
RAYMOND JAMES & ASSOCIATES, INC.
RIA
CRD#: 705
DALLAS, TX
Past
February 28, 2005 - May 7, 2010
RAYMOND JAMES & ASSOCIATES, INC.
BD
CRD#: 705
DALLAS, TX
Past
August 25, 2003 - January 26, 2005
MORGAN KEEGAN & COMPANY, LLC
RIA
CRD#: 4161
PALM BEACH, FL
Past
May 2, 2003 - January 26, 2005
MORGAN KEEGAN & COMPANY, LLC
BD
CRD#: 4161
MEMPHIS, TN
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".
RAYMOND JAMES & ASSOCIATES, INC.
ALEX. BROWN | STRATEGIC INVESTMENT MANAGEMENT SERVICES | RAYMOND JAMES CONSULTING SERVICES | RAYMOND JAMES & ASSOCIATES, INC. | PUBLIC FINANCE INVESTMENT STRATEGIES GROUP | INVESTMENT ADVISORY SERVICES | INSTITUTIONAL FIDUCIARY SOLUTIONS | ASSET MANAGEMENT SERVICES
CRD#: 705 / SEC#: 801-10418, 8-10999
RIA
Registered Investment Advisory firm - SEC (12/19/1974 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Florida district office)
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
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
RAYMOND JAMES & ASSOCIATES, INC.
ALEX. BROWN | STRATEGIC INVESTMENT MANAGEMENT SERVICES | RAYMOND JAMES CONSULTING SERVICES | RAYMOND JAMES & ASSOCIATES, INC. | PUBLIC FINANCE INVESTMENT STRATEGIES GROUP | INVESTMENT ADVISORY SERVICES | INSTITUTIONAL FIDUCIARY SOLUTIONS | ASSET MANAGEMENT SERVICES
CRD#: 705 / SEC#: 801-10418, 8-10999
RIA
Registered Investment Advisory firm - SEC (12/19/1974 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Florida district office)
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Contact information
Main Address
880 Carillon Parkway, St. Petersburg, FL 33716
Mailing Address
880 Carillon Parkway, St. Petersburg, FL 33716
Phone number
(727) 567-1000
Established
Florida since 02/19/1969
Firm type
Corporation
Fiscal year end
September
Firm Size
Large
# of Employees
13,966
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| RAYMOND JAMES FINANCIAL, INC. | HOLDING COMPANY | |
| BARKO, SHAWN JOSEPH | CHIEF COMPLIANCE OFFICER | 2690394 |
| BUNN, JAMES EDWARD | DIRECTOR | 3130320 |
| CURTIS, SCOTT | DIRECTOR | 1707935 |
| DELEON, ALLYSSA NICOLE | PRINCIPAL FINANCIAL OFFICER / FINOP | 6902665 |
| ELWYN, TASHTEGO SPRING | PRESIDENT - CHIEF EXECUTIVE OFFICER DIRECTOR | 2319098 |
| MARTIN, PHILIP ROGER | RIA CHIEF COMPLIANCE OFFICER | 2613565 |
| RUST, KEITH G | DIRECTOR, PRINCIPAL OPERATIONS OFFICER | 5915636 |
| SANTELLI, JONATHAN | GENERAL COUNSEL / SECRETARY | 6306997 |
| SICKLING, JAMES PHILIP | DIRECTOR | 1240810 |
Regulatory assets under management
| Total Number of Accounts | 1,070,028 |
| AUM (Assets Under Management) | $ 433,814,330,581 |
Disclosures
| Regulatory Event | 181 |
| Arbitration | 72 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 09/12/2025 | ||
| 08/21/2024 | ||
| 09/27/2023 |
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.
