Mike Shayestehfar

CITIZENS SECURITIES

LOS ANGELES, CA 90025

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CRD#: 4971713

Professional summary

Mike Shayestehfar, who also goes by Mike Shay, is a registered financial advisor currently at CITIZENS SECURITIES, INC. located in Los Angeles, California and CITIZENS PRIVATE WEALTH located in Los Angeles, California.

Mike is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2005. Mike has worked at 10 firms and has passed the Series 66, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Mike Shay

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.

Name: Virginia Villas LLC Investment-related: Yes Nature of the business: Real Estate Investment Role: Limited Partnership Start Date: 06/15/2020 Description of duties: Duties will be handled by a Property Manager Number of hours each month: 0 Number of hours during trading:0 Name: Shay Family Vineyard LLC Address: 7760 Silverado Trl, Napa, CA 94558 Investment-related: No Nature of the business: Rental Role: Limited Partnership Start Date: 06/04/2021 Description of duties: N/A Number of hours each month: 0 Number of hours during trading: 0 Name: 751 N Alfred Apartments LLC Address: 751-753 N Alfred West Hollywood CA 90069 Investment-related: No Nature of the business: Rental Property Role: Owner Start Date: 12/30/2022 Description of duties: No duties - a property manager will manage and do the leasing. Number of hours each month: 1-2 hours Number of hours during trading: 0

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mike Shayestehfar's CRS (Customer Relationship Summary).

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

June 12, 2025 - Present

CITIZENS SECURITIES, INC.

Office #1: 11755 Wilshire Blvd, Los Angeles, CA 90025

RIA

CRD#: 39550

LOS ANGELES, CA

Current

July 15, 2025 - Present

CITIZENS PRIVATE WEALTH

Office #1: 11755 Wilshire Blvd Floor 24, Los Angeles, CA 90025

RIA

CRD#: 106743

LOS ANGELES, CA

Current

June 12, 2025 - Present

CITIZENS SECURITIES, INC.

Office #1: 11755 Wilshire Blvd, Los Angeles, CA 90025

RIA

CRD#: 39550

LOS ANGELES, CA

Past

April 22, 2024 - June 17, 2025

RBC CAPITAL MARKETS, LLC

RIA

CRD#: 31194

CENTURY CITY, CA

Past

April 22, 2024 - June 17, 2025

RBC CAPITAL MARKETS, LLC

CRD#: 31194

CENTURY CITY, CA

Past

September 29, 2023 - April 26, 2024

J.P. MORGAN SECURITIES LLC

CRD#: 79

LOS ANGELES, CA

Past

September 11, 2015 - April 29, 2024

J.P. MORGAN PRIVATE WEALTH ADVISORS LLC

RIA

CRD#: 108559

LOS ANGELES, CA

Past

September 10, 2015 - September 29, 2023

FIRST REPUBLIC SECURITIES COMPANY, LLC

CRD#: 105108

LOS ANGELES, CA

Past

January 3, 2011 - September 17, 2015

WELLS FARGO CLEARING SERVICES, LLC

RIA

CRD#: 19616

BEVERLY HILLS, CA

Past

January 3, 2011 - September 17, 2015

WELLS FARGO CLEARING SERVICES, LLC

CRD#: 19616

BEVERLY HILLS, CA

Past

August 12, 2008 - January 3, 2011

WELLS FARGO INVESTMENTS, LLC

RIA

CRD#: 10582

BEVERLY HILLS, CA

Past

August 12, 2008 - January 3, 2011

WELLS FARGO INVESTMENTS, LLC

CRD#: 10582

BEVERLY HILLS, CA

Past

October 23, 2007 - January 22, 2008

VOYA FINANCIAL ADVISORS, INC.

CRD#: 2882

W HOLLYWOOD, CA

Past

June 22, 2006 - October 20, 2006

CITICORP INVESTMENT SERVICES

RIA

CRD#: 23988

WOODLAND HILLS, CA

Past

August 29, 2005 - October 20, 2006

CITICORP INVESTMENT SERVICES

CRD#: 23988

WOODLAND HILLS, CA

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".

CITIZENS PRIVATE WEALTH

CRD#: 106743 / SEC#: 801-40835

RIA

Registered Investment Advisory firm - (2/20/1992 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.

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

California
(6/12/2025)

IAR

California
(6/12/2025)

Florida
(6/12/2025)

IAR

Florida
(6/17/2025)

Georgia
(6/12/2025)

IAR

Georgia
(6/17/2025)

Hawaii
(6/12/2025)

IAR

Hawaii
(6/16/2025)

Illinois
(6/12/2025)

IAR

Illinois
(6/17/2025)

Massachusetts
(6/12/2025)

Nevada
(6/12/2025)

IAR

Nevada
(6/16/2025)

New York
(6/12/2025)

IAR

New York
(6/16/2025)

Pennsylvania
(6/12/2025)

IAR

Pennsylvania
(6/17/2025)

Rhode Island
(8/26/2025)

IAR

Rhode Island
(8/27/2025)

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 66

Date: 12/12/2005

Uniform Combined State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 8/26/2005

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

CITIZENS PRIVATE WEALTH

CRD#: 106743 / SEC#: 801-40835

RIA

Registered Investment Advisory firm - (2/20/1992 Approved)

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Contact information

Main Address

520 White Plains Road 3rd Floor, Tarrytown, NY 10591

Mailing Address

Phone number

(914) 846-0100

Established

Firm type

Fiscal year end

# of Employees

200

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

ADV PART II A (3/31/2025)

Regulatory assets under management

Total Number of Accounts	7,846
AUM (Assets Under Management)	$ 12,182,945,000

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
01/28/2025	Cover Page	Report
07/28/2023	Cover Page	Report
10/28/2022	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

Mike Shayestehfar

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mike Shayestehfar's CRS (Customer Relationship Summary).

Certified licenses

Experience

CITIZENS PRIVATE WEALTH

CITIZENS SECURITIES, INC.

RBC CAPITAL MARKETS, LLC

RBC CAPITAL MARKETS, LLC

J.P. MORGAN SECURITIES LLC

J.P. MORGAN PRIVATE WEALTH ADVISORS LLC

FIRST REPUBLIC SECURITIES COMPANY, LLC

WELLS FARGO CLEARING SERVICES, LLC

WELLS FARGO CLEARING SERVICES, LLC

WELLS FARGO INVESTMENTS, LLC

WELLS FARGO INVESTMENTS, LLC

VOYA FINANCIAL ADVISORS, INC.

CITICORP INVESTMENT SERVICES

CITICORP INVESTMENT SERVICES

Primary Firm SEC Registration

CITIZENS PRIVATE WEALTH

State Registrations and Notice Filings

Exams

Series 66

Date: 12/12/2005

SIE

Date: 10/1/2018

Series 7

Date: 8/26/2005

FINRA

Current Firm

CITIZENS PRIVATE WEALTH

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

CITIZENS PRIVATE WEALTH

TRUST BUT VERIFY

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