PP
Pranay B. Patel
PFS INVESTMENTS
Copiague, NY 11726
Some features on this profile are disabled
CRD#: 6013109
PP
Professional summary
Pranay B Patel, who also goes by Pranay B Patel, is a registered financial advisor currently at PFS INVESTMENTS INC. located in Copiague, New York.
Pranay is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2012. Pranay has worked at 5 firms and has passed the Series 66, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Pranay B Patel
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.
SALES OF INVESTMENT-RELATED PRODUCTS; PART-TIME OR FULL-TIME, FOR COMPANIES AFFILIATED WITH PFS INVESTMENTS INC. I MAY ALSO RECEIVE NON-INVESTMENT RELATED COMPENSATION FROM PRIMERICA MORTGAGE, LLC FOR THE SALE OF LOAN PRODUCTS AND/OR PRIMERICA CLIENT SERVICES, INC. (A CO-LOCATED AFFILIATE OF PFS INVESTMENTS INC.) FOR PART-TIME REFERRALS OF HOME SECURITY AND AUTOMATION PRODUCTS, AS WELL AS OTHER HOME RELATED SERVICES. OMNI MORTGAGE CORP. - Mortgage Loan Originator as Agent - NOT INVESTMENT RELATED, 05/2015 TO PRESENT, 118 - 18. 101 Avenue, Richmond Hill NY 11419.nature of other business is helping client there need of loan mortgage, s I devote a month from 0 to 3 hours (Week ends or holidays), Number of hours during security trading 2 hours a month (usually phone call answer) Haven't done any business since I got MLO License , compensation would be based on Loan amount Clint is seeking or approved amount (1099) Patel Consulting & Services inc. President (Solo Owner) business is not investment related, 07/2017 TO PRESENT, 315. Waldo st. Copiague NY 11726, nature of other business is consulting in buying in commercial real estate as like Motel. I devote a month from 0 to 15 hours (usually Week ends or holidays), during security trading 2/3 hours a month (usually phone call answer), duties - give adviceor visit a site after market hours my compensation would be based on consulting time I put in Patel Consulting & Services Inc, not investment-related, 315 Waldo St., Copaigue, NY 11726, Owner- tax preparation business, 7/2017-present, 15 hours per month (2 hours per month during securities trading hours) NEW AGE PROPERTIES, INC., (1099), NOT INVESTMENT RELATED, HICKSVILLE, NY 11801, POSITION/TITLE (REAL ESTATE AGENT), 05/2015 TO PRESENT, 5 HOURS COMMITTED PER MONTH (0 HOURS DURING SECURITIES TRADING HOURS) PALOMI CAPITAL, LLC., INVESTMENT RELATED, COPIAGUE, NY 11726, POSITION/TITLE (OWNER), 03/2021 TO PRESENT, 30 HOURS COMMITTED PER MONTH (2 HOURS DURING SECURITIES TRADING HOURS)
CRS (Client Relationship Summary) - RIA
Click below to view Pranay B Patel's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Pranay B Patel'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 12, 2022 - Present
PFS INVESTMENTS INC.
Office #1: 910 Montauk Hwy Ste 3-a, Copiague, NY 11726RIA
BD
CRD#: 10111
Copiague, NY
Current
August 24, 2022 - Present
PFS INVESTMENTS INC.
Office #1: 910 Montauk Hwy Ste 3-a, Copiague, NY 11726RIA
BD
CRD#: 10111
Copiague, NY
Past
December 6, 2019 - June 23, 2022
STONEX ADVISORS INC.
RIA
CRD#: 174182
BIRMINGHAM, AL
Past
December 6, 2019 - June 23, 2022
STONEX SECURITIES INC.
BD
CRD#: 18456
COPIAGUE, NY
Past
February 12, 2013 - December 6, 2019
QUEST CAPITAL STRATEGIES, INC.
RIA
CRD#: 16783
COPIAGUE, NY
Past
January 16, 2013 - December 6, 2019
QUEST CAPITAL STRATEGIES, INC.
BD
CRD#: 16783
LAGUNA HILLS, CA
Past
July 18, 2012 - September 13, 2012
EDWARD JONES
RIA
CRD#: 250
ST. LOUIS, MO
Past
June 4, 2012 - September 13, 2012
EDWARD JONES
BD
CRD#: 250
ST. LOUIS, MO
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".
PI
PFS INVESTMENTS INC.
BLUE MOUNTAIN FINANCIAL GROUP | TORCHLIGHT FINANCIAL GROUP | SWOPE FINANCIAL PARTNERS | SHEPPARD FINANCIAL GROUP | PRIMEVISION FINANCIAL GROUP | PRIMERICA ADVISORS | PFS INVESTMENTS INC. | NEWMAN FINANCIAL GROUP | LOE FINANICAL GROUP | LASHNER FINANCIAL GROUP | LANDMARK FINANCIAL GROUP | KELLER FINANCIAL ASSOCIATES | FIRST AMERICAN NATIONAL SECURITIES, INC. | E.H.R. FINANCIAL GROUP | DRAKE FINANCIAL GROUP | DIEHL FINANCIAL GROUP | DEEVERS AND SONS | CMJ FINANCIAL GROUP | CASTLEROCK FINANCIAL GROUP | BOHANNAN FINANCIAL
CRD#: 10111 / SEC#: 801-72263, 8-26486
RIA
Registered Investment Advisory firm - SEC (5/6/2011 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Atlanta 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
New Jersey(10/14/2022)
RR
New York(8/24/2022)
IAR
New York(10/12/2022)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
PI
PFS INVESTMENTS INC.
BLUE MOUNTAIN FINANCIAL GROUP | TORCHLIGHT FINANCIAL GROUP | SWOPE FINANCIAL PARTNERS | SHEPPARD FINANCIAL GROUP | PRIMEVISION FINANCIAL GROUP | PRIMERICA ADVISORS | PFS INVESTMENTS INC. | NEWMAN FINANCIAL GROUP | LOE FINANICAL GROUP | LASHNER FINANCIAL GROUP | LANDMARK FINANCIAL GROUP | KELLER FINANCIAL ASSOCIATES | FIRST AMERICAN NATIONAL SECURITIES, INC. | E.H.R. FINANCIAL GROUP | DRAKE FINANCIAL GROUP | DIEHL FINANCIAL GROUP | DEEVERS AND SONS | CMJ FINANCIAL GROUP | CASTLEROCK FINANCIAL GROUP | BOHANNAN FINANCIAL
CRD#: 10111 / SEC#: 801-72263, 8-26486
RIA
Registered Investment Advisory firm - SEC (5/6/2011 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Atlanta district office)
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Contact information
Main Address
1 Primerica Parkway, Duluth, GA 30099-0001
Mailing Address
1 Primerica Parkway, Duluth, GA 30099-0001
Phone number
(770) 381-1000
Established
Georgia since 07/07/1981
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
3,762
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| PRIMERICA FINANCE CORPORATION | DIRECT OWNER | |
| COLEY, DASIA DEBORAH | VICE PRESIDENT AND CHIEF FINANCIAL OFFICER | 6760291 |
| JENDUSA, NICHOLAS ADAM | EXECUTIVE VICE PRESIDENT | 6037365 |
| LESUTIS, MICHAEL | SENIOR VICE PRESIDENT & CHIEF COUNSEL | 4751250 |
| MILLER, DEBORAH LYNN | EXECUTIVE VICE PRESIDENT | 3036949 |
| NEMETZ, WILLIAM JAMES | DIRECTOR; EXECUTIVE VICE PRESIDENT, CHIEF OPERATING OFFICER | 4589878 |
| REGARD, PAUL ETIENNE | PRESIDENT, DIRECTOR AND CHIEF EXECUTIVE OFFICER | 2448671 |
| RIVET, LORI ALLISON | EXECUTIVE VICE PRESIDENT | 4496273 |
| SUKIN, KAREN LYNN | EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL | 6292138 |
| WEIGLE, BRIAN STEVEN | DIRECTOR AND EXECUTIVE VICE PRESIDENT | 4131816 |
| WELLS, MICHAEL KURT | EXECUTIVE VICE PRESIDENT & TREASURER | 5999501 |
| WOODRING, DANIEL AARON | EXECUTIVE VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER | 4028705 |
Regulatory assets under management
| Total Number of Accounts | 70,434 |
| AUM (Assets Under Management) | $ 11,156,017,804 |
Disclosures
| Regulatory Event | 22 |
| Arbitration | 2 |
| Bond | 2 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 01/26/2024 |
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.
