LM
Litao Mai
OSAIC INSTITUTIONS
Newark, NJ 07107
Some features on this profile are disabled
CRD#: 4863046
LM
Professional summary
Litao Mai, CFP® is a registered financial advisor currently at OSAIC INSTITUTIONS, INC. located in Newark, New Jersey.
Litao is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2004. Litao has worked at 5 firms and has passed the Series 66, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
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.
Rental Property 1 1. The name of the other business - no name, it is a rental of an apartment 2. Whether the business is investment-related - yes 3. The address of the other business - 1641 Third Ave, 1C, New York, NY 10028 4. The nature of the other business - rental property 5. Your position - Premier Relationship Advisor 6. Title - Premier Relationship Advisor, Vice President 7. Relationship with the other business - owner of the rental property 8. The start date of your relationship - 7/1/2015 9. The approximate number of hours/month you devote to the other business - 0 10. The number of hours you devote to the other business during securities trading hours - 0 11. Briefly describe your duties relating to the other business - receive rental check in the mail and deposit it via mobile banking once a month Rental Property 2 1. The name of the other business - no name, it is a rental of an apartment 2. Whether the business is investment-related - yes 3. The address of the other business - 345 Lenox Road, Apt 3D, Brooklyn, NY 11226 4. The nature of the other business - rental property 5. Your position - Premier Relationship Advisor 6. Title - Premier Relationship Advisor, Vice President 7. Relationship with the other business - owner of the rental property 8. The start date of your relationship - 05/18/2019 9. The approximate number of hours/month you devote to the other business - 0 10. The number of hours you devote to the other business during securities trading hours - 0 11. Briefly describe your duties relating to the other business - receive rental check in the mail and deposit it via mobile banking once a month
CRS (Client Relationship Summary) - RIA
Click below to view Litao Mai's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Litao Mai'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®
CFP®
Start date: 2012
Experience
Current
April 16, 2021 - Present
OSAIC INSTITUTIONS, INC.
Office #1: 500 Bloomfield Avenue, Newark, NJ 07107Office #2: 631-633 State Street, Perth Amboy, NJ 08861Office #3: 85 Broad Street 10th Floo, New York, NY 10004Office #4: 817 Elizabeth Avenue, Elizabeth, NJ 07201Office #5: 134 Delancey Street, New York, NY 10002RIA
BD
CRD#: 35371
Newark, NJ
Current
April 16, 2021 - Present
OSAIC INSTITUTIONS, INC.
Office #1: 500 Bloomfield Avenue, Newark, NJ 07107Office #2: 631-633 State Street, Perth Amboy, NJ 08861Office #3: 85 Broad Street 10th Floo, New York, NY 10004Office #4: 817 Elizabeth Avenue, Elizabeth, NJ 07201Office #5: 134 Delancey Street, New York, NY 10002RIA
BD
CRD#: 35371
Newark, NJ
Past
June 1, 2009 - April 19, 2021
HSBC SECURITIES (USA) INC.
RIA
CRD#: 19585
FORT LEE, NJ
Past
June 1, 2009 - April 19, 2021
HSBC SECURITIES (USA) INC.
BD
CRD#: 19585
FORT LEE, NJ
Past
November 9, 2005 - May 19, 2009
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
RIA
CRD#: 7691
FLORHAM PARK, NJ
Past
November 9, 2005 - May 19, 2009
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BD
CRD#: 7691
FLORHAM PARK, NJ
Past
January 12, 2005 - April 6, 2005
AMERIPRISE FINANCIAL SERVICES, LLC
RIA
CRD#: 6363
EDISON, NJ
Past
December 3, 2004 - April 6, 2005
IDS LIFE INSURANCE COMPANY
BD
CRD#: 6321
MINNEAPOLIS, MN
Past
December 3, 2004 - April 6, 2005
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
MINNEAPOLIS, MN
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".
OI
OSAIC INSTITUTIONS, INC.
CONNECTICUT ASSOCIATION SECURITIES, INC. | OSAIC INSTITUTIONS, INC. | INFINEX INVESTMENTS, INC.
CRD#: 35371 / SEC#: 801-67242, 8-46661
RIA
Registered Investment Advisory firm - SEC (11/2/2006 Approved)Connecticut
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Florida
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Indiana
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Maine
Registered Investment Advisory firm - SEC (12/7/2006 Terminated)Massachusetts
Registered Investment Advisory firm - SEC (3/23/2007 Terminated)New Hampshire
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Ohio
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Pennsylvania
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Rhode Island
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (Boston district office)
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 them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
California(4/16/2021)
RR
Connecticut(4/16/2021)
RR
District of Columbia(4/16/2021)
RR
Florida(4/16/2021)
RR
Maryland(4/16/2021)
RR
Massachusetts(4/16/2021)
RR
Nevada(4/26/2021)
RR
New Jersey(4/16/2021)
IAR
New Jersey(4/18/2021)
RR
New York(4/16/2021)
IAR
New York(4/16/2021)
RR
Pennsylvania(4/16/2021)
RR
Puerto Rico(9/27/2023)
RR
Texas(8/24/2023)
RR
Virginia(4/16/2021)
RR
Washington(9/6/2023)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
OI
OSAIC INSTITUTIONS, INC.
CONNECTICUT ASSOCIATION SECURITIES, INC. | OSAIC INSTITUTIONS, INC. | INFINEX INVESTMENTS, INC.
CRD#: 35371 / SEC#: 801-67242, 8-46661
RIA
Registered Investment Advisory firm - SEC (11/2/2006 Approved)Connecticut
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Florida
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Indiana
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Maine
Registered Investment Advisory firm - SEC (12/7/2006 Terminated)Massachusetts
Registered Investment Advisory firm - SEC (3/23/2007 Terminated)New Hampshire
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Ohio
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Pennsylvania
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)Rhode Island
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (Boston district office)
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Contact information
Main Address
538 Preston Avenue, Meriden, CT 06450-4858
Mailing Address
538 Preston Avenue, Meriden, CT 06450-4858
Phone number
(203) 599-6000
Established
Connecticut since 04/07/1993
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
630
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| OSAIC INSTITUTIONS HOLDINGS, INC. | HOLDING COMPANY | |
| AMARANTE, STEPHEN PAUL | PRESIDENT, CEO AND DIRECTOR | 3165067 |
| CORNICK, GREGORY ALLEN | DIRECTOR | 3132991 |
| HAMMOND, DORI JAMILLE | CHIEF COMPLIANCE OFFICER | 3259012 |
| MITCHELL, CHRISTOPHER MILLS | CORPORATE TREASURER, FINANCIAL AND OPERATIONS PRINCIPAL | 2420144 |
| PRICE, JAMES DALE | CHAIRMAN | 1243224 |
| SCHLUETER, MATTHEW ADAM | DIRECTOR AND EXECUTIVE VICE PRESIDENT OPERATIONS AND TECHNOLOGY SOLUTIONS | 2627931 |
Regulatory assets under management
| Total Number of Accounts | 8,779 |
| AUM (Assets Under Management) | $ 4,024,448,971 |
Disclosures
| Regulatory Event | 8 |
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.
