AC
Andrew L. Cole
PRINCIPAL SECURITIES
CHATTANOOGA, TN 37405
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CRD#: 5364389
AC
Professional summary
Andrew Lawrence Cole, who also goes by Andy Cole, Andrew L Cole, Andrew Cole, is a registered financial advisor currently at PRINCIPAL SECURITIES, INC. located in Chattanooga, Tennessee.
Andrew is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2007. Andrew has worked at 4 firms and has passed the Series 66, Series 7TO, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Andy Cole | Andrew L Cole | Andrew Cole
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.
**BNI POSITION: President NATURE: Board Member/Officer/Director of an Organization INVESTMENT RELATED: No NUMBER OF HOURS: 16 SECURITIES TRADING HOURS: 12 START DATE: 02/01/2023 ADDRESS: 633 Chestnut st, Suite 2100, Chattanooga TN 37450, United States DESCRIPTION: I am the current President of my BNI chapter. I have no access to chapter funds and am not on the bank account in any way. My main responsibility is running the weekly meetings. **FIXED INSURANCE POSITION: Fixed Insurance NATURE: null INVESTMENT RELATED: Yes NUMBER OF HOURS: 40 SECURITIES TRADING HOURS: 40 START DATE: 10/01/2024 ADDRESS: 1200 Mountain Creek Rd, suite 441, Chattanooga TN 37408, United States DESCRIPTION: Sales and service of fixed life, fixed annuities, DI, LTC, P&C, health, and group benefits. **PRECISION ASSET MANAGEMENT (DBA) POSITION: Precision Asset Management NATURE: All activities as a Principal IAR and RR. INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 160 START DATE: 02/20/2025 ADDRESS: 1200 Mountain Creek Rd, Suite 441, Chattanooga TN 37405, United States DESCRIPTION: Precision Asset Management will be a DBA for my activities as a Principal RR and IAR. The products and services will be all activities as a Principal IAR and RR. To include investment sales, commission based and fee based of mutual funds, ETF's, UIT's, securities, VA and VL. Life insurance, DI, LTC and fixed and fixed indexed annuities through Principal and PPN. Fee based financial planning. Group workplace benefits. There is no intention of selling or otherwise providing any products or services outside of what is provided by Principal, either directly or through authorized sources like PPN.
CRS (Client Relationship Summary) - RIA
Click below to view Andrew Lawrence Cole's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Andrew Lawrence Cole'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
October 1, 2024 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 1200 Mountain Creek Rd Ste 441, Chattanooga, TN 37405RIA
BD
CRD#: 1137
CHATTANOOGA, TN
Current
September 27, 2024 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 1200 Mountain Creek Rd Ste 441, Chattanooga, TN 37405RIA
BD
CRD#: 1137
CHATTANOOGA, TN
Past
July 16, 2021 - September 25, 2024
ALLSTATE FINANCIAL ADVISORS, LLC
RIA
CRD#: 109524
Hixson, TN
Past
July 15, 2021 - September 25, 2024
ALLSTATE FINANCIAL SERVICES, LLC
BD
CRD#: 18272
HIXSON, TN
Past
July 3, 2007 - August 19, 2008
WADDELL & REED
RIA
CRD#: 866
SACRAMENTO, CA
Past
June 25, 2007 - August 19, 2008
WADDELL & REED
BD
CRD#: 866
SACRAMENTO, 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".
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City 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(7/15/2025)
RR
Georgia(9/27/2024)
RR
Illinois(9/27/2024)
RR
Kentucky(9/27/2024)
RR
Tennessee(9/27/2024)
IAR
Tennessee(10/1/2024)
Exams
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 7/15/2021
General Securities Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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Contact information
Main Address
711 High Street, Des Moines, IA 50392
Mailing Address
Principal Financial Group 711 High Street, Des Moines, IA 50392-2080
Phone number
(888) 774-6267
Established
Iowa since 05/01/1968
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
1,436
SEC notice filing (51 States and Territories)
FINRA licenses (52 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| PRINCIPAL FINANCIAL SERVICES, INC. | OWNER | |
| AGRAWAL, VIVEK | DIRECTOR | 8050381 |
| CLAIRE, CHAD THOMAS | CHIEF INFORMATION OFFICER | 7219218 |
| DROGAN, THOMAS JOHN | CHIEF COMPLIANCE OFFICER | 2760482 |
| FRIEDRICH, AMY CHRISTINE | DIRECTOR | 7097797 |
| LAWLER, CODY ANTHONY | HEAD OF SUPERVISION, HEAD OF OPERATIONS | 5162072 |
| MCCULLUM, KENNETH ALLEN | DIRECTOR | 4695257 |
| MURRAY, MICHAEL FRANCIS | PRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR | 2074275 |
| RANTS, DOUGLAS JOHN | CHIEF INFORMATION SECURITY OFFICER | 7148529 |
| ROBERTS, DAWN MARIE | CHIEF FINANCIAL OFFICER | 7929617 |
| SCHELHAAS, NATHAN PAUL | DIRECTOR | 7275495 |
| SPADAFORA, CRAIG ALAN | SENIOR VICE PRESIDENT / HEAD OF ADVISORY AND PLATFORM | 3184320 |
| VANWINKLE, DANIEL SIMON | PSI AML OFFICER | 4715191 |
Regulatory assets under management
| Total Number of Accounts | 63,730 |
| AUM (Assets Under Management) | $ 14,827,718,110 |
Disclosures
| Regulatory Event | 9 |
| Arbitration | 3 |
| Bond | 3 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 09/26/2025 | ||
| 10/28/2024 | ||
| 11/28/2023 | ||
| 09/22/2023 | ||
| 12/20/2022 |
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.
Company Information
PRINCIPAL SECURITIES, INC.
CRD#: 1137Chattanooga, TN 37405TRUST BUT VERIFY
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