AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why AdvisorCheck

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
NG

Nicholas A. Gates

ERNST CAPITAL SECURITIES
Sioux Falls, SD 57103
Some features on this profile are disabled
CRD#: 6187910
NG

Professional summary

Nicholas Alan Gates is a registered financial professional currently at ERNST CAPITAL SECURITIES, LLC located in Sioux Falls, South Dakota.

Nicholas is registered as a RR (Registered Representative) and started their career in finance in 2014. Nicholas has worked at 2 firms and has passed the Series 66, Series 99TO, SIE, Series 7, Series 24 and Series 27 exams.

Question & Answer

Are you a "fiduciary"?
No

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.
The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - BD

Click below to view Nicholas Alan Gates'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 19, 2013 - Present

ERNST CAPITAL SECURITIES, LLC

Office #1: 101 S. Reid Street, Suite 209, Sioux Falls, SD 57103
BD
CRD#: 148904
Sioux Falls, SD
Past

April 21, 2014 - November 27, 2018

ERNST CAPITAL ADVISORS LLC

RIA
CRD#: 159082
SIOUX FALLS, SD

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

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
Iowa
(6/30/2016)
RR
Minnesota
(6/30/2016)
RR
South Dakota
(4/3/2014)

Exams

State Security Law Exam
RR
IAR
Series 66
Date: 3/31/2014
Uniform Combined State Law Examination
General Industry/Product Exam
RR
Series 99TO
Date: 1/2/2023
Operations Professional Examination
General Industry/Product Exam
RR
SIE
Date: 10/1/2018
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 2/17/2014
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 24
Date: 5/19/2014
General Securities Principal Examination
Principal/Supervisory Exam
RR
Series 27
Date: 6/19/2013
Financial and Operations Principal Examination
SRO Registrations
RR
FINRA

Current Firm

EC
ERNST CAPITAL SECURITIES, LLC
ERNST CAPITAL GROUP I, INC. | ERNST CAPITAL SECURITIES, LLC | ERNST CAPITAL SECURITIES, INC.

CRD#: 148904 / SEC#: , 8-68083

BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address
101 S. Reid Street, Suite 209, Sioux Falls, SD 57103
Mailing Address
101 S. Reid Street, Suite 209, Sioux Falls, SD 57103
Phone number
(605) 271-7172
Established
South Dakota since 01/01/2013
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Small
# of Employees

FINRA licenses (24 States and Territories)

Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents

Customer Relationship Summary (CRS / FINRA)

Direct owners and executive officers

NamePositionCRD#
ERNST CAPITAL HOLDINGS, LLCDIRECT OWNER
DAUGAARD, CHRISTOPHER JAMESCHIEF EXECUTIVE OFFICER, PRESIDENT, CHIEF COMPLIANCE OFFICER, AND MEMBER6301526
GATES, NICHOLAS ALANFINANCIAL AND OPERATIONS PRINCIPAL, CHIEF FINANCIAL OFFICER, AND MEMBER6187910

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

ERNST CAPITAL SECURITIES, LLC

CRD#: 148904Sioux Falls, SD 57103

TRUST BUT VERIFY

Monitor Nicholas Gates

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

Benjamin Odessey Stephenson
Benjamin StephensonAdvisorCheck Check Mark
EQUITABLE ADVISORS, LLC
IAR
RR
New York, NY
Dale Thomas Miller
Dale MillerAdvisorCheck Check Mark
MORGAN STANLEY
IAR
RR
Moscow, ID
JL
Jose LozanoAdvisorCheck Check Mark
STONEX FINANCIAL INC.
PR
WINTER PARK, FL
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
Help Center
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.© 2026 AdvisorCheck, an AIMR Analytics company. All rights reserved.