Trent Charles Drake | Financial Professional

Professional summary

Trent Charles Drake was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Trent is a previously registered financial professional and started their career in finance in 2004. Prior to being barred, Trent had worked at 13 firms, which includes CAMBRIDGE INVESTMENT RESEARCH ADVISORS INC., CAMBRIDGE INVESTMENT RESEARCH INC., PACER ADVISORS INC., PACER FINANCIAL INC., PRUCO SECURITIES LLC., TRANSAMERICA CAPITAL LLC, COMMONWEALTH FINANCIAL NETWORK, CR CAPITAL DISTRIBUTORS LLC, NORTHWEST WEALTH MANAGEMENT LLC, PRUDENTIAL ANNUITIES DISTRIBUTORS INC, GLOBAL ATLANTIC DISTRIBUTORS LLC, WELLS FARGO INVESTMENTS LLC, EDWARD JONES.

Question & Answer

Are you a "fiduciary"?

No

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.

The advisor shows no other business activity.

Blog Corner

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®

None

Experience

Past

June 25, 2019 - February 28, 2020

CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.

RIA

CRD#: 134139

Fairfield, IA

Past

June 25, 2019 - February 28, 2020

CAMBRIDGE INVESTMENT RESEARCH, INC.

BD

CRD#: 39543

FAIRFIELD, IA

Past

March 26, 2018 - August 14, 2018

PACER ADVISORS, INC.

RIA

CRD#: 137381

Urbandale, IA

Past

March 22, 2018 - August 14, 2018

PACER FINANCIAL, INC.

BD

CRD#: 137040

MALVERN, PA

Past

December 12, 2017 - March 13, 2018

PRUCO SECURITIES, LLC.

RIA

CRD#: 5685

ANKENY, IA

Past

December 7, 2017 - March 13, 2018

PRUCO SECURITIES, LLC.

BD

CRD#: 5685

ANKENY, IA

Past

August 15, 2016 - September 14, 2017

TRANSAMERICA CAPITAL, LLC

BD

CRD#: 8217

DENVER, CO

Past

October 23, 2015 - August 8, 2016

COMMONWEALTH FINANCIAL NETWORK

RIA

CRD#: 8032

IOWA CITY, IA

Past

October 23, 2015 - August 8, 2016

COMMONWEALTH FINANCIAL NETWORK

BD

CRD#: 8032

IOWA CITY, IA

Past

February 16, 2015 - October 12, 2015

CR CAPITAL DISTRIBUTORS, LLC

BD

CRD#: 171776

NEWPORT BEACH, CA

Past

December 3, 2013 - February 4, 2014

NORTHWEST WEALTH MANAGEMENT, LLC

RIA

CRD#: 152816

ARNOLDS PARK, IA

Past

March 19, 2010 - September 5, 2013

PRUDENTIAL ANNUITIES DISTRIBUTORS, INC

BD

CRD#: 21570

SHELTON, CT

Past

September 13, 2005 - March 12, 2010

GLOBAL ATLANTIC DISTRIBUTORS, LLC

BD

CRD#: 8326

HARTFORD, CT

Past

July 7, 2005 - September 6, 2005

WELLS FARGO INVESTMENTS, LLC

BD

CRD#: 10582

SAN FRANCISCO, CA

Past

September 8, 2004 - July 7, 2005

EDWARD JONES

BD

CRD#: 250

ST. LOUIS, MO

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".

CI

CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.

CRD#: 134139 / SEC#: 801-63930

RIA

Registered Investment Advisory firm - (2/3/2005 Approved)

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.

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.

Exams

State Security Law Exam

IAR

Series 65

Date: 12/3/2013

Uniform Investment Adviser Law Examination

State Security Law Exam

RR

Series 63

Date: 9/10/2004

Uniform Securities Agent State Law Examination

General Industry/Product Exam

RR

SIE

Date: 8/14/2018

Securities Industry Essentials Examination

General Industry/Product Exam

RR

Series 7

Date: 9/7/2004

General Securities Representative Examination

Current Firm

CI

CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.

CRD#: 134139 / SEC#: 801-63930

RIA

Registered Investment Advisory firm - (2/3/2005 Approved)

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Contact information

Main Address

1776 Pleasant Plain Rd., Fairfield, IA 52556-8757

Mailing Address

Phone number

(641) 472-5100

Established

Firm type

Fiscal year end

# of Employees

3,361

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

CIRA ADV 2A (9/8/2025)

WEALTHPORT WRAP BROCHURE (9/8/2025)

Regulatory assets under management

Total Number of Accounts	438,414
AUM (Assets Under Management)	$ 102,413,096,032

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
12/09/2024	Cover Page	Report
04/29/2024	Cover Page	Report

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

Trent C. Drake

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

CAMBRIDGE INVESTMENT RESEARCH, INC.

PACER ADVISORS, INC.

PACER FINANCIAL, INC.

PRUCO SECURITIES, LLC.

PRUCO SECURITIES, LLC.

TRANSAMERICA CAPITAL, LLC

COMMONWEALTH FINANCIAL NETWORK

COMMONWEALTH FINANCIAL NETWORK

CR CAPITAL DISTRIBUTORS, LLC

NORTHWEST WEALTH MANAGEMENT, LLC

PRUDENTIAL ANNUITIES DISTRIBUTORS, INC

GLOBAL ATLANTIC DISTRIBUTORS, LLC

WELLS FARGO INVESTMENTS, LLC

EDWARD JONES

Primary Firm SEC Registration

CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 12/3/2013

Series 63

Date: 9/10/2004

SIE

Date: 8/14/2018

Series 7

Date: 9/7/2004

Current Firm

CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.

Contact information

SEC notice filing (53 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.

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