AS
Alec T. Sindelar
PRINCIPAL SECURITIES
Atlantic, IA 50022
Some features on this profile are disabled
CRD#: 6502786
AS
Professional summary
Alec Thomas Sindelar is a registered financial advisor currently at PRINCIPAL SECURITIES, INC. located in Atlantic, Iowa.
Alec is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2016. Alec has worked at 4 firms and has passed the Series 66, Series 63, SIE, Series 7 and Series 24 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.
***Fixed Insurance; Investment Related; Coralville, IA; Agent; Life, Annuities, DI, LTC; Start Date: 06/01/2020; 10 hrs per month; 10 during trading hours. ***TIFFIN FIRE AND RESCUE DEPARTMENT POSITION: Medical Officer NATURE: Fire and Rescue INVESTMENT RELATED: No NUMBER OF HOURS: 20 SECURITIES TRADING HOURS: 0 START DATE: 08/14/2021 ADDRESS: 211 Main Street, Tiffin IA 52340, United States DESCRIPTION: in charge of assisting in onboarding new members, training volunteer EMS and first responder personnel, representing the department at county meetings, and monitoring approving our reports after emergency calls. ***BUENA VISTA UNIVERSITY ALUMNI BOARD POSITION: Alumni Board Member NATURE: Board Member/Officer/Director of an Organization INVESTMENT RELATED: No NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 0 START DATE: 09/12/2022 ADDRESS: 610 W 4th Street, Storm Lake IA 50588, United States DESCRIPTION: As a member of the Alumni Board for Buena Vista University, my role is to attend semi-annual meetings, participate in volunteer events, and contribute time to various development opportunities for current students as well as alumni. ***ESTABLISHING A DBA POSITION: Legacy Wealth Management LLC - Managing Partner NATURE: null INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 120 START DATE: 06/01/2023 ADDRESS: 1140 Tall Grass Ave, Tiffin IA 52340, United States DESCRIPTION: We are establishing a DBA for our current practice with Principal. My title will be Managing Partner - Wealth Advisor. We will be providing the same services that we are currently providing including holistic financial planning, investments, and insurance solutions. All advisors under the DBA are IARs. ***NAIFA POSITION: NAIFA YAT Chair NATURE: Board Member/Officer/Director of an Organization INVESTMENT RELATED: No NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 1 START DATE: 01/01/2024 ADDRESS: 1140 Tall Grass Ave, Tiffin IA 52340, United States DESCRIPTION: Sitting as YAT Chair for the Eastern Iowa NAIFA Chapter. This involves a monthly meeting with the rest of the board and planning/implementing two YAT (Young Advisor Team) Meetings per year. I do not have the ability to write checks or access funds from NAIFA. ***IBIS CAPITAL POSITION: Owner NATURE: Owner/Partner/of LLC/S-Corp/REIT INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 12/21/2023 ADDRESS: 1140 Tall Grass Ave, Tiffin IA 52340, United States DESCRIPTION: At the recommendation of my CPA, I created an LLC that will be filed as an S-corp for funds received through my work as a financial advisor/registered representative.
CRS (Client Relationship Summary) - RIA
Click below to view Alec Thomas Sindelar's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Alec Thomas Sindelar'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
June 4, 2020 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 603 Poplar St, Atlantic, IA 50022Office #2: 1059 Longfellow Dr Ste A, Hiawatha, IA 52233Office #3: 1140 Tall Grass Ave, Tiffin, IA 52340Office #4: 18205 Capitol Ave Ste 300, Elkhorn, NE 68022RIA
BD
CRD#: 1137
Atlantic, IA
Current
June 1, 2020 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 603 Poplar St, Atlantic, IA 50022Office #2: 1059 Longfellow Dr Ste A, Hiawatha, IA 52233Office #3: 1140 Tall Grass Ave, Tiffin, IA 52340Office #4: 18205 Capitol Ave Ste 300, Elkhorn, NE 68022RIA
BD
CRD#: 1137
Atlantic, IA
Past
August 9, 2018 - February 5, 2019
TD AMERITRADE CLEARING, INC.
BD
CRD#: 5633
OMAHA, NE
Past
June 5, 2017 - July 27, 2018
TD AMERITRADE INVESTMENT MANAGEMENT, LLC
RIA
CRD#: 111514
Omaha, NE
Past
June 5, 2017 - May 23, 2020
TD AMERITRADE, INC.
RIA
CRD#: 7870
OMAHA, NE
Past
June 27, 2016 - May 23, 2020
TD AMERITRADE, INC.
BD
CRD#: 7870
OMAHA, NE
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".
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City 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
Arizona(3/11/2022)
RR
California(9/22/2023)
RR
Colorado(12/9/2020)
RR
Connecticut(10/12/2023)
RR
Florida(9/17/2021)
RR
Georgia(5/1/2023)
RR
Illinois(7/3/2024)
RR
Iowa(6/1/2020)
IAR
Iowa(6/4/2020)
RR
Kansas(1/28/2022)
RR
Maryland(9/22/2023)
RR
Michigan(5/10/2021)
RR
Minnesota(9/25/2020)
RR
Missouri(7/29/2020)
RR
Nebraska(6/1/2020)
IAR
Nebraska(2/12/2025)
RR
New York(9/25/2020)
RR
North Carolina(8/18/2023)
RR
Ohio(12/23/2024)
RR
Texas(4/5/2022)
IAR
Texas(4/6/2022)
RR
Wisconsin(1/18/2024)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
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Contact information
Main Address
711 High Street, Des Moines, IA 50392
Mailing Address
Principal Financial Group 711 High Street, Des Moines, IA 50392-2080
Phone number
(888) 774-6267
Established
Iowa since 05/01/1968
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
1,436
SEC notice filing (51 States and Territories)
FINRA licenses (52 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| PRINCIPAL FINANCIAL SERVICES, INC. | OWNER | |
| AGRAWAL, VIVEK | DIRECTOR | 8050381 |
| CLAIRE, CHAD THOMAS | CHIEF INFORMATION OFFICER | 7219218 |
| DROGAN, THOMAS JOHN | CHIEF COMPLIANCE OFFICER | 2760482 |
| FRIEDRICH, AMY CHRISTINE | DIRECTOR | 7097797 |
| LAWLER, CODY ANTHONY | HEAD OF SUPERVISION, HEAD OF OPERATIONS | 5162072 |
| MCCULLUM, KENNETH ALLEN | DIRECTOR | 4695257 |
| MURRAY, MICHAEL FRANCIS | PRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR | 2074275 |
| RANTS, DOUGLAS JOHN | CHIEF INFORMATION SECURITY OFFICER | 7148529 |
| ROBERTS, DAWN MARIE | CHIEF FINANCIAL OFFICER | 7929617 |
| SCHELHAAS, NATHAN PAUL | DIRECTOR | 7275495 |
| SPADAFORA, CRAIG ALAN | SENIOR VICE PRESIDENT / HEAD OF ADVISORY AND PLATFORM | 3184320 |
| VANWINKLE, DANIEL SIMON | PSI AML OFFICER | 4715191 |
Regulatory assets under management
| Total Number of Accounts | 63,730 |
| AUM (Assets Under Management) | $ 14,827,718,110 |
Disclosures
| Regulatory Event | 9 |
| Arbitration | 3 |
| Bond | 3 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 09/26/2025 | ||
| 10/28/2024 | ||
| 11/28/2023 | ||
| 09/22/2023 | ||
| 12/20/2022 |
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
PRINCIPAL SECURITIES, INC.
CRD#: 1137Atlantic, IA 50022TRUST BUT VERIFY
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