UA
Umar F. Ali
FIRST CITIZENS INVESTOR SERVICES
Rockingham, VA
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CRD#: 6404328
UA
Professional summary
Umar Farooq Ali is a registered financial advisor currently at FIRST CITIZENS INVESTOR SERVICES, INC. located in Rockingham, Virginia.
Umar is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2014. Umar has worked at 4 firms and has passed the Series 65, 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.
Umar Ali, 4145 Traveler Rd., Rockingham, VA 22801. Civil Celebrant, appointed by Rockingham County Circuit Court to perform Rites of marriage ceremonies under VA code 20-25. Owner, began 4/28/17. 3 hours /month, 1 during trading hours. Not investment related. Fee Based Compensation.
CRS (Client Relationship Summary) - RIA
Click below to view Umar Farooq Ali's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Umar Farooq Ali'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
July 8, 2019 - Present
FIRST CITIZENS INVESTOR SERVICES, INC.
RIA
BD
CRD#: 44430
Rockingham, VA
Current
July 8, 2019 - Present
FIRST CITIZENS INVESTOR SERVICES, INC.
RIA
BD
CRD#: 44430
Rockingham, VA
Past
October 30, 2017 - June 21, 2019
OSAIC INSTITUTIONS, INC.
RIA
CRD#: 35371
JOHNSON CITY, TN
Past
October 30, 2017 - June 21, 2019
OSAIC INSTITUTIONS, INC.
BD
CRD#: 35371
JOHNSON CITY, TN
Past
January 30, 2017 - October 12, 2017
LPL FINANCIAL LLC
RIA
CRD#: 6413
HARRISONBURG, VA
Past
January 30, 2017 - October 12, 2017
LPL FINANCIAL LLC
BD
CRD#: 6413
HARRISONBURG, VA
Past
February 17, 2016 - February 1, 2017
OSAIC INSTITUTIONS, INC.
RIA
CRD#: 35371
LURAY, VA
Past
February 17, 2016 - February 1, 2017
OSAIC INSTITUTIONS, INC.
BD
CRD#: 35371
LURAY, VA
Past
December 17, 2014 - January 29, 2016
WELLS FARGO CLEARING SERVICES, LLC
RIA
CRD#: 19616
HARRISONBURG, VA
Past
November 17, 2014 - January 29, 2016
WELLS FARGO CLEARING SERVICES, LLC
BD
CRD#: 19616
HARRISONBURG, VA
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".
FC
FIRST CITIZENS INVESTOR SERVICES, INC.
FIRST CITIZENS INVESTOR SERVICES, INC.
CRD#: 44430 / SEC#: 801-57302, 8-50696
RIA
Registered Investment Advisory firm - SEC (2/22/2000 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
Virginia(7/8/2019)
IAR
Virginia(7/8/2019)
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
FC
FIRST CITIZENS INVESTOR SERVICES, INC.
FIRST CITIZENS INVESTOR SERVICES, INC.
CRD#: 44430 / SEC#: 801-57302, 8-50696
RIA
Registered Investment Advisory firm - SEC (2/22/2000 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Atlanta district office)
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Contact information
Main Address
8540 Colonnade Center Drive, Raleigh, NC 27615-3052
Mailing Address
P.o. Box 27131, Raleigh, NC 27611-7131
Phone number
(919) 986-3546
Established
North Carolina since 01/11/1994
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
322
SEC notice filing (51 States and Territories)
FINRA licenses (53 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| FIRST-CITIZENS BANK & TRUST COMPANY | 100% OWNER | |
| BILITER, DAVID LEE | DIRECTOR, PRESIDENT | 1690995 |
| CECE, MARY | SECRETARY | 2135583 |
| LONGEST, MICHAEL LEE | DIRECTOR, SENIOR DIRECTOR WEALTH FINANCE & TECHNOLOGY | 6692593 |
| MARRONE, MARK STEPHEN | CHIEF COMPLIANCE OFFICER | 1987907 |
| MCCALLUM, CHARLES FALCONER III | DIRECTOR, SENIOR DIRECTOR WEALTH RISK & GOVERNANCE | 2697260 |
| WALSH, WILLIAM JAMES | DIRECTOR, FIRST CITIZENS OUTSIDE DIRECTOR | 4883580 |
| WILSON, MICHAEL CHRISTOPHER | DIRECTOR, WEALTH MANAGEMENT EXECUTIVE | 4301352 |
Regulatory assets under management
| Total Number of Accounts | 6,706 |
| AUM (Assets Under Management) | $ 2,098,769,026 |
Disclosures
| Regulatory Event | 2 |
| Arbitration | 4 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 01/13/2025 |
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.
