Mohit N. Desai

MD WEALTH ADVISORS

Cranford, NJ 07016

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CRD#: 5744579

Professional summary

Mohit Nitin Desai, CFP®, who also goes by Mohit Nitin Desai, is a registered financial advisor currently at MD WEALTH ADVISORS INC located in Cranford, New Jersey and THE LEADERS GROUP, INC. located in Summit, New Jersey.

Mohit is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2010. Mohit has worked at 6 firms and has passed the Series 63, Series 66, Series 7TO, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Mohit Nitin Desai

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.) MD TAX ADVISORS LLC - 4/1/2019 - 20 Commerce Drive, Suite 135, Cranford, NJ 07016 - Owner, Prepare tax returns, Not Invt Rel, Tax preparation business, 40 hrs/mo; 20 hrs/mo (during trading hours). 2.) MD WEALTH ADVISORS INC - 4/1/2019 - 20 Commerce Drive, Suite 135, Cranford, NJ 07016 - Owner, Advisory, Invt Rel, RA business, 10 hrs/mo; 10 hrs/mo (during trading hours).

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mohit Nitin Desai'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^®

Certified Financial Planner

Start date: 2017

Experience

Current

July 25, 2019 - Present

MD WEALTH ADVISORS INC

Office #1: 20 Commerce Drive, Suite 135, Cranford, NJ 07016

RIA

CRD#: 304595

Cranford, NJ

Current

May 23, 2024 - Present

THE LEADERS GROUP, INC.

Office #1: 475 Springfield Ave, Summit, NJ 07901

CRD#: 37157

SUMMIT, NJ

Past

July 13, 2018 - March 14, 2019

FIDELITY PERSONAL AND WORKPLACE ADVISORS

RIA

CRD#: 288590

BOSTON, MA

Past

March 13, 2012 - July 13, 2018

STRATEGIC ADVISERS LLC

RIA

CRD#: 104555

PARAMUS, NJ

Past

March 7, 2012 - March 13, 2019

FIDELITY BROKERAGE SERVICES LLC

CRD#: 7784

PARAMUS, NJ

Past

March 10, 2010 - September 7, 2011

MORGAN STANLEY

RIA

CRD#: 149777

BOSTON, MA

Past

February 8, 2010 - September 7, 2011

MORGAN STANLEY

CRD#: 149777

BOSTON, MA

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

Massachusetts
(9/11/2024)

IAR

New Jersey
(7/25/2019)

New Jersey
(9/10/2024)

IAR

New York
(11/6/2023)

IAR

Texas
(10/18/2023)

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

Series 63

Date: 9/9/2024

Uniform Securities Agent State Law Examination

State Security Law Exam

IAR

Series 66

Date: 3/5/2010

Uniform Combined State Law Examination

General Industry/Product Exam

Series 7TO

Date: 5/20/2024

General Securities Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 2/5/2010

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

MD WEALTH ADVISORS INC

CRD#: 304595 / SEC#:

New Jersey

Registered Investment Advisory firm - (7/25/2019 Approved)

New York

Registered Investment Advisory firm - (11/6/2023 Approved)

Texas

Registered Investment Advisory firm - (10/6/2023 Conditional Restricted)

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Contact information

Main Address

20 Commerce Drive, Suite 135, Cranford, NJ 07016

Mailing Address

Phone number

(908) 440-0811

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	348
AUM (Assets Under Management)	$ 84,990,844

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

Mohit N. Desai

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Mohit Nitin Desai's CRS (Customer Relationship Summary).

Certified licenses

Experience

THE LEADERS GROUP, INC.

FIDELITY PERSONAL AND WORKPLACE ADVISORS

STRATEGIC ADVISERS LLC

FIDELITY BROKERAGE SERVICES LLC

MORGAN STANLEY

MORGAN STANLEY

State Registrations and Notice Filings

Exams

Series 63

Date: 9/9/2024

Series 66

Date: 3/5/2010

Series 7TO

Date: 5/20/2024

SIE

Date: 10/1/2018

Series 7

Date: 2/5/2010

FINRA

Current Firm

MD WEALTH ADVISORS INC

Contact information

Documents

Regulatory assets under management

Red Flags

Company Information

MD WEALTH ADVISORS INC

TRUST BUT VERIFY

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