SR
Stephen C. Rao
49 FINANCIAL
Houston, TX 77024
Some features on this profile are disabled
CRD#: 6798801
SR
Professional summary
Stephen Charles Rao, who also goes by Stephen Rao, is a registered financial advisor currently at 49 FINANCIAL located in Houston, Texas and OAKWOOD CAPITAL SECURITIES, INC. located in Houston, Texas.
Stephen is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2017. Stephen has worked at 6 firms and has passed the Series 66, Series 63, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Stephen Rao
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) 49 Wealth Management LLC. Investment advisor representative since 01/2020. Business is conducted from 13344 Brittmoore Road, Suite 2610, Houston TX 77043. Approximately 90% of Stephen Rao's time is for services as an investment advisor representative and the balance as a registered representative. 2) 49 Financial; Insurance Sales; 13344 Brittmoore Road, Suite 2610, Houston TX 77043; Non-Investment Related since 8/7/2017; Insurance Agent; Appx 25 hours per month during business hours 3) Houston Ole Miss Alumni Club; Not Investment Related; Non-Profit Alumni Club; President; 9/10/2022; 10hrs/mo; 0 during trading; overseeing event funding, helping raise donations from alumni, creating community amongst alumni, leading and planning events, interacting with Ole Miss Alumni Association representatives, general networking. 4) Oakwood Capital Securities; investment related; 1334 Brittmoore Rd Houston TX 77043 United States; Registered Representative; Placing variable business; Start date: 2024-08-06; 20 Hours per month during trading hours; 20 Hours per month outside trading hours. 5) Post Oak Little League; Coach; non-investment related; since 1/1/2022; 5840 San Felipe, Houston, TX; 20 hours per month after business hours; Little league baseball coach
CRS (Client Relationship Summary) - RIA
Click below to view Stephen Charles Rao'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
January 3, 2023 - Present
49 FINANCIAL
Office #1: 820 Gessner Ste 1250, Houston, TX 77024RIA
CRD#: 319484
Houston, TX
Current
July 23, 2024 - Present
OAKWOOD CAPITAL SECURITIES, INC.
Office #1: 820 Gessner Ste 316, Houston, TX 77024BD
CRD#: 21000
Houston, TX
Past
June 23, 2020 - December 31, 2022
THRIVENT ADVISOR NETWORK, LLC
RIA
CRD#: 304569
Houston, TX
Past
January 31, 2020 - July 2, 2020
PKS ADVISORY SERVICES, LLC
RIA
CRD#: 125648
ALBANY, NY
Past
January 30, 2020 - January 16, 2024
PURSHE KAPLAN STERLING INVESTMENTS
BD
CRD#: 35747
Houston, TX
Past
March 15, 2019 - January 30, 2020
EQUITABLE ADVISORS, LLC
RIA
CRD#: 6627
AUSTIN, TX
Past
July 18, 2017 - January 30, 2020
EQUITABLE ADVISORS, LLC
BD
CRD#: 6627
AUSTIN, TX
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".
49 FINANCIAL
49 FINANCIAL | GLADIATOR ADVISORS, LLC | 49 WEALTH MANAGEMENT, LLC
CRD#: 319484 / SEC#: 801-123687
RIA
Registered Investment Advisory firm - (9/8/2022 Approved)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
California(2/24/2025)
RR
Illinois(7/23/2024)
RR
Louisiana(7/23/2024)
RR
Mississippi(7/23/2024)
RR
South Carolina(7/23/2024)
IAR
Texas(1/3/2023)
RR
Texas(7/23/2024)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
49 FINANCIAL
49 FINANCIAL | GLADIATOR ADVISORS, LLC | 49 WEALTH MANAGEMENT, LLC
CRD#: 319484 / SEC#: 801-123687
RIA
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Contact information
Main Address
3711 S Mopac Expy Suite 150, Austin, TX 78746
Mailing Address
Phone number
(214) 563-1190
Established
Firm type
Fiscal year end
# of Employees
167
SEC notice filing (35 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 2,989 |
| AUM (Assets Under Management) | $ 871,379,407 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 02/25/2025 |
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.
