JN
Jay L. Nathan
PROSPECT FINANCIAL SERVICES LLC
Melville, NY 11747
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CRD#: 4899753
JN
Professional summary
Jay L Nathan is a registered financial advisor currently at PROSPECT FINANCIAL SERVICES LLC located in Melville, New York and LPL FINANCIAL LLC located in Melville, New York.
Jay is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2005. Jay has worked at 4 firms and has passed the Series 63, 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.
1)12/14/18 - Prospect Financial Services - DBA for LPL Business (entity for LPL business) - Inv. Related - Melville, NY - Registered Representative of LPL a broker dealer - 5-10% 2)12/14/18-Prospect Rep Inc. - DBA for LPL Business (entity for LPL business)- Inv. Related- Rockville Centre, NY- start date 12/2018- 100hrs/mth - 10% 3)12/14/18- Long Island Charities Foundation Inc.- Non-Profit Board Member- VP - Non-Inv. Related- start date 7/1/2017- 2hrs/mth- 2% 4)12/14/18- The Chwast CPA Group PC- Tax Prep/Accounting/CPA- Inv. Related - Melville, NY- start date 9/21/1992 - 20hrs/mth- 5% 5)12/14/18 Olri Corp NIR- For-Profit Board Member/ VP- Non-Inv. Related- Plainview, NY- start date 8/15/2014- 1% 6)12/14/18- Prospect Rep Inc.- Non-Variable Insurance -Inv. Related- Rockville Centre, NY- 2hrs/mth- 5%. 7) 05/12/2021 - The Chwast CPA Group, P.C. - Not Investment Related - At Reported Business Location(s) - Tax Prep/Accounting/CPA - CPA/Owner - 110 Hours Per Month/4 Hours During Securities Trading. 8) 01/25/2022 - Prospect Financial Services LLC - Investment Related - At Reported Business Location(s) - Registered Investment Advisor Hybrid - IAR - Start Date: 03/01/2003 - 160 Hours Per Month/140 Hours During Securities Trading - Time Spent 100% - I provide investment advisory services through Prospect Financial Services, LLC, an independent investment advisor firm. I started this business activity in 1/2022. I expect to spend approximately 160 hours per month on this activity. Please see the advisory firm's Form ADV for more information about its address, the nature of its business, its owners, and its services at http://www.advisorinfo.sec.gov/IAPD. This firm is separate from and independent of LPL Financial.
CRS (Client Relationship Summary) - RIA
Click below to view Jay L Nathan'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®
NoneExperience
Current
December 21, 2021 - Present
PROSPECT FINANCIAL SERVICES LLC
Office #1: 445 Broad Hollow Road Suite Cl-43, Melville, NY 11747RIA
CRD#: 314154
Melville, NY
Current
December 14, 2018 - Present
LPL FINANCIAL LLC
Office #1: 445 Broadhollow Rd Ste Cl-43, Melville, NY 11747RIA
BD
CRD#: 6413
Melville, NY
Past
September 2, 2021 - December 31, 2021
THE PINNACLE FINANCIAL GROUP
RIA
CRD#: 164395
MELVILLE, NY
Past
August 19, 2005 - December 21, 2018
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
Melville, NY
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".
PF
PROSPECT FINANCIAL SERVICES LLC
PROSPECT FINANCIAL SERVICES LLC
CRD#: 314154 / SEC#: 801-122193
RIA
Registered Investment Advisory firm - (8/30/2021 Approved)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
New York(12/14/2018)
IAR
New York(12/21/2021)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
PF
PROSPECT FINANCIAL SERVICES LLC
PROSPECT FINANCIAL SERVICES LLC
CRD#: 314154 / SEC#: 801-122193
RIA
Registered Investment Advisory firm - (8/30/2021 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
445 Broad Hollow Road Suite Cl-43, Melville, NY 11747
Mailing Address
Phone number
(631) 424-5218
Established
Firm type
Fiscal year end
# of Employees
12
SEC notice filing (11 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 1,178 |
| AUM (Assets Under Management) | $ 418,143,884 |
Red Flags
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Company Information
PROSPECT FINANCIAL SERVICES LLC
CRD#: 314154Melville, NY 11747TRUST BUT VERIFY
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Contact information
(xxx) xxx-xxxx
xxxxx@xxxx.xxx
