Mitchell S. Flax

NET EQUITY CAPITAL

Austin, TX 78701

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CRD#: 4677606

Professional summary

Mitchell S Flax, who also goes by Mitch Flax, Mitchell Saul Flax, is a registered financial advisor currently at NET EQUITY CAPITAL located in Austin, Texas and FINALIS SECURITIES LLC located in New York, New York.

Mitchell is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2003. Mitchell has worked at 12 firms and has passed the Series 65, Series 66, Series 63, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Mitch Flax | Mitchell Saul Flax

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.) Net Equity Capital; Investment-related; 1401 Lavaca #834, Austin, TX 78701; CEO/Founder; 01/01/2021; 75 during trading hours; ALTS OCIO and due diligence 2.) Bet The Algo; Not Investment-related; 5900 BALCONES DR STE 100, Austin, TX 78731-4298; Podcast Host; 05/12/2022; 0 during trading hours; Sport Podcast 3.) The Agency; Investment-related; 7427 N Lamar Blvd, Austin, TX 78752; Agent; 01/31/2021; 3-4, 0 during trading hours; selling homes 4.) 2302 Santa Rosa LLC; Investment-related; 2302 Santa Rosa, Austin, TX 78702; Single family real estate development; 50% Owner; 09/01/2023; 2 hours per month, 0 during trading hours; Manage development and sourcing of some of the materials. 5.) North American Modular LLC; Investment related; 5900 Balcones Dr #100, Austin, TX, 78731; Nature: Supplier/Wholesaler of shipping container modular dwellings; Position: Owner; Start Date: 07/21/2025; 5 hours per month; 0 hours during trading session; Duties: Establish connection with manufacturer and retailers

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mitchell S Flax'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®

None

Experience

Current

January 3, 2022 - Present

NET EQUITY CAPITAL

Office #1: 1401 Lavaca St #834, Austin, TX 78701

RIA

CRD#: 315303

Austin, TX

Current

May 17, 2023 - Present

FINALIS SECURITIES LLC

Office #1: 228 Park Ave South Suite 85550, New York, NY 10003

CRD#: 305908

New York, NY

Past

January 30, 2021 - May 27, 2021

BV SECURITIES, LLC

CRD#: 103800

DALLAS, TX

Past

May 1, 2014 - December 31, 2020

MML DISTRIBUTORS, LLC

CRD#: 38030

SPRINGFIELD, MA

Past

May 8, 2013 - May 1, 2014

MML INVESTORS SERVICES, LLC

CRD#: 10409

SPRINGFIELD, MA

Past

December 8, 2009 - March 25, 2013

WELLS FARGO CLEARING SERVICES, LLC

RIA

CRD#: 19616

AUSTIN, TX

Past

December 8, 2009 - March 25, 2013

WELLS FARGO CLEARING SERVICES, LLC

CRD#: 19616

AUSTIN, TX

Past

November 25, 2008 - June 1, 2009

COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC

RIA

CRD#: 108257

BOSTON, MA

Past

April 26, 2006 - May 19, 2009

COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.

CRD#: 840

NEW YORK, NY

Past

January 26, 2005 - April 13, 2006

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

RIA

CRD#: 7691

HENDERSON, NV

Past

January 13, 2005 - April 13, 2006

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CRD#: 7691

HENDERSON, NV

Past

April 28, 2004 - December 6, 2004

M.L. STERN & CO., LLC.

CRD#: 8327

BEVERLY HILLS, CA

Past

July 25, 2003 - August 28, 2003

NEWBRIDGE SECURITIES CORPORATION

CRD#: 104065

BOCA RATON, FL

Past

July 3, 2003 - July 16, 2003

S.W. BACH & COMPANY

CRD#: 43522

PORT WASHINGTON, NY

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.

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

Delaware
(8/29/2024)

Florida
(8/29/2024)

Maryland
(2/28/2025)

IAR

Texas
(1/3/2022)

Texas
(5/17/2023)

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

State Security Law Exam

IAR

Series 65

Date: 1/2/2009

Uniform Investment Adviser Law Examination

State Security Law Exam

IAR

Series 66

Date: 1/25/2005

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 8/6/2003

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 7/2/2003

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

NET EQUITY CAPITAL

NET EQUITY CAPITAL | NET EQUITY CAPITAL, LLC

CRD#: 315303 / SEC#:

Texas

Registered Investment Advisory firm - (1/3/2022 Approved)

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Contact information

Main Address

1401 Lavaca St #834, Austin, TX 78701

Mailing Address

Phone number

(512) 354-1563

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

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.

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Advisor Monitoring

Firm Stability Insights

Mitchell S. Flax

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mitchell S Flax's CRS (Customer Relationship Summary).

Certified licenses

Experience

FINALIS SECURITIES LLC

BV SECURITIES, LLC

MML DISTRIBUTORS, LLC

MML INVESTORS SERVICES, LLC

WELLS FARGO CLEARING SERVICES, LLC

WELLS FARGO CLEARING SERVICES, LLC

COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC

COLUMBIA MANAGEMENT INVESTMENT DISTRIBUTORS, INC.

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

M.L. STERN & CO., LLC.

NEWBRIDGE SECURITIES CORPORATION

S.W. BACH & COMPANY

State Registrations and Notice Filings

Exams

Series 65

Date: 1/2/2009

Series 66

Date: 1/25/2005

Series 63

Date: 8/6/2003

SIE

Date: 10/1/2018

Series 7

Date: 7/2/2003

FINRA

Current Firm

NET EQUITY CAPITAL

Contact information

Documents

Red Flags

Company Information

NET EQUITY CAPITAL

TRUST BUT VERIFY

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