JM
Justin L. Magness
STATE FARM INVESTMENT MANAGEMENT
Texarkana, TX 75503-0703
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CRD#: 5928618
JM
Professional summary
Justin Lee Magness is a registered financial advisor currently at STATE FARM INVESTMENT MANAGEMENT CORP. located in Texarkana, Texas and STATE FARM VP MANAGEMENT CORP. located in Richardson, Texas.
Justin is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2011. Justin has worked at 4 firms and has passed the Series 66, Series 63, SIE, Series 7 and Series 6 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) National Federation of Independent Business NFIB; Non-investment-related; 1100B Guadalupe Street Austin TX 78701; Association/Committee/Council; Other; 12/28/2020; 0;0; NONE; They have member ballots that you can optionally participate in, so the NFIB knows what is important to its members. 2) Justin Magness's Insurance Agency; Insurance Agency; Investment-related; 3306 Richmond Rd Texarkana, TX 75503-0703; Insurance (State Farm Mutual Automobile Insurance Company and its affiliates); Owner; Agent; 11/01/2018; 80; 80; Service customers and supervise employees 3) Heritage Church; non-investment-related; 5801 N Kings Highway Texarkana, Texas 75503; Membership/Civic/Fraternal Organization; other; none; 12/1/2019; 4; 0; Committee 4) TCC Men's Golf Asocation; Non-Investment-Related; 1 Country Club Lane Texarkana, AR 71854; Membership/Civic/Fraternal Organization; Board Member; None; 03/05/2025; 1; 0; discusses the health of the golf course with the course superintendent and discusses the tournament schedule throughout the year.
CRS (Client Relationship Summary) - RIA
Click below to view Justin Lee Magness'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
April 10, 2019 - Present
STATE FARM INVESTMENT MANAGEMENT CORP.
Office #1: 3306 Richmond Rd, Texarkana, TX 75503-0703RIA
CRD#: 3487
Texarkana, TX
Current
January 31, 2019 - Present
STATE FARM VP MANAGEMENT CORP.
Office #1: 1415 State Street, Richardson, TX 75082BD
CRD#: 43036
Richardson, TX
Past
December 10, 2012 - February 14, 2017
EAGLE STRATEGIES LLC
RIA
CRD#: 110826
TEXERCANA, AR
Past
July 11, 2011 - February 14, 2017
NYLIFE SECURITIES LLC
BD
CRD#: 5167
TEXARKANA, AR
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".
STATE FARM INVESTMENT MANAGEMENT CORP.
STATE FARM INVESTMENT MANAGEMENT | STATE FARM INVESTMENT MANAGEMENT CORP.
CRD#: 3487 / SEC#: 801-8184, 8-13379
RIA
Registered Investment Advisory firm - SEC (12/14/1971 Approved)BD
Terminated by SEC on 06/30/2001
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
Arkansas(1/31/2019)
IAR
Arkansas(4/15/2019)
RR
Texas(1/31/2019)
IAR
Texas(4/10/2019)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
STATE FARM INVESTMENT MANAGEMENT CORP.
STATE FARM INVESTMENT MANAGEMENT | STATE FARM INVESTMENT MANAGEMENT CORP.
CRD#: 3487 / SEC#: 801-8184, 8-13379
RIA
Registered Investment Advisory firm - SEC (12/14/1971 Approved)BD
Terminated by SEC on 06/30/2001
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Contact information
Main Address
One State Farm Plaza B-2, Bloomington, IL 61710-0001
Mailing Address
Phone number
(800) 447-0740
Established
Delaware since 12/09/1966
Firm type
Corporation
Fiscal year end
November
# of Employees
150
SEC notice filing (51 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY | OWNER | |
| CHEVALIER, JEREL SAM | ASSISTANT SECRETARY-TREASURER | 2209892 |
| GRIMES, DAVID ROY | VICE PRESIDENT & SECRETARY | 1432710 |
| GRIZZLE, DAVID RAY | ASSISTANT SECRETARY/TREASURER | 4084087 |
| HORTON, STEPHEN LOWELL | ASSISTANT SECRETARY | 3124493 |
| JAYNES, DONALD ONEIL | ASSISTANT SECRETARY | 3124497 |
| JOSLIN, ROGER SCOTT | DIRECTOR, VICE PRESIDENT & TREASURER | 262350 |
| KILLIAN, JOHN JOSEPH | DIRECTOR | 2614915 |
| MOORE, DAVID MICHAEL | ASSISTANT SECRETARY | 2876793 |
| MOSER, KURT GEORGE | DIRECTOR & SENIOR VICE PRESIDENT | 2065254 |
| RUST, EDWARD BARRY JR | DIRECTOR AND PRESIDENT | 1450795 |
| THOMAS, HOWARD ANDREW | ASSISTANT SECRETARY-TREASURER | 3150520 |
| TIPSORD, MICHAEL LEON | ASSISTANT SECRETARY | 1943922 |
| TROSINO, VINCENT JOSEPH | DIRECTOR | 1780681 |
Regulatory assets under management
| Total Number of Accounts | 38 |
| AUM (Assets Under Management) | $ 11,294,815,444 |
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.
