Forrest Jones
Professional summary
Forrest Jones was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.
Forrest is a previously registered financial professional and started their career in finance in 2005. Prior to being barred, Forrest had worked at 11 firms, which includes MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED, FORTUNE FINANCIAL SERVICES INC., KNIGHT NGUYEN INVESTMENTS, MCNALLY FINANCIAL SERVICES CORPORATION, MSI FINANCIAL SERVICES INC., NEXT FINANCIAL GROUP INC., FIRST COMMAND BROKERAGE SERVICES INC., NYLIFE SECURITIES LLC, SUMMIT FINANCIAL GROUP INC, SUMMIT BROKERAGE SERVICES INC., EDWARD JONES.
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Experience
December 7, 2018 - November 10, 2020
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
December 6, 2018 - November 10, 2020
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
May 1, 2018 - November 28, 2018
FORTUNE FINANCIAL SERVICES, INC.
February 15, 2017 - August 21, 2018
KNIGHT NGUYEN INVESTMENTS
May 18, 2016 - February 14, 2017
MCNALLY FINANCIAL SERVICES CORPORATION
March 29, 2016 - February 14, 2017
MCNALLY FINANCIAL SERVICES CORPORATION
August 26, 2014 - February 26, 2016
MSI FINANCIAL SERVICES, INC.
August 25, 2014 - February 26, 2016
MSI FINANCIAL SERVICES, INC.
April 15, 2014 - August 26, 2014
NEXT FINANCIAL GROUP, INC.
April 15, 2014 - August 26, 2014
NEXT FINANCIAL GROUP, INC.
November 2, 2011 - April 16, 2014
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
November 2, 2011 - April 16, 2014
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
April 1, 2011 - June 30, 2011
FIRST COMMAND BROKERAGE SERVICES, INC.
April 1, 2011 - June 30, 2011
FIRST COMMAND BROKERAGE SERVICES, INC.
January 14, 2011 - April 20, 2011
NYLIFE SECURITIES LLC
November 10, 2010 - December 22, 2010
SUMMIT FINANCIAL GROUP INC
November 10, 2010 - December 22, 2010
SUMMIT BROKERAGE SERVICES, INC.
February 13, 2007 - August 2, 2010
EDWARD JONES
January 11, 2005 - August 2, 2010
EDWARD JONES
Primary Firm SEC Registration
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD#: 7691 / SEC#: 801-14235, 8-7221
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
Exams
Current Firm
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD#: 7691 / SEC#: 801-14235, 8-7221
Contact information
SEC notice filing (49 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Part 2 Brochures
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| BAC NORTH AMERICA HOLDING COMPANY | SHAREHOLDER | |
| AXELROD, SUSAN F | CHIEF COMPLIANCE OFFICER | 6949587 |
| FAHMY, NANCY MONIR | DIRECTOR | 2689751 |
| GELLENE, MATTHEW THOMAS | DIRECTOR | 1977160 |
| HANS, LINDSAY DENARDO | STATE DESIGNATED PRINCIPAL & DIRECTOR | 4429443 |
| HEATON, DAVID CARLETON JR | CHIEF LEGAL OFFICER | 5972432 |
| MOONEY, SARA RATHBONE | CHIEF FINANCIAL OFFICER | 7616382 |
| SABBIA, LORNA ROSE | DIRECTOR | 1873495 |
| SANTANNA, VINCENT C. | CHIEF OPERATIONS OFFICER & FINOP | 5290525 |
| SCHIMPF, ERIC A | DIRECTOR & CHIEF EXECUTIVE OFFICER, STATE DESIGNATED PRINCIPAL | 2494318 |
Regulatory assets under management
| Total Number of Accounts | 3,085,811 |
| AUM (Assets Under Management) | $ 1,511,090,925,436 |
Disclosures
| Regulatory Event | 610 |
| Civil Event | 4 |
| Arbitration | 878 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 11/25/2024 | ||
| 08/24/2023 | ||
| 01/27/2023 |
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.
