Louis D. Preseren

ANCORA PRIVATE WEALTH ADVISORS

Cleveland, OH 44124

Some features on this profile are disabled

CRD#: 6841684

Professional summary

Louis Daniel Preseren, CFP® is a registered financial advisor currently at ANCORA PRIVATE WEALTH ADVISORS, LLC located in Cleveland, Ohio and INVERNESS SECURITIES, LLC located in Cleveland, Ohio.

Louis is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2021. Louis has worked at 6 firms and has passed the Series 66, Series 7TO and SIE 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.

LC Freedom 45 LLC, not investment related, 9170 Memphis Ave, Brooklyn OH 44144, rental property management, 50% owner, 6/22, 0 hours, 8K annual comp, ownership activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Louis Daniel Preseren'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®

CFP^®

Certified Financial Planner

Experience

Current

March 5, 2024 - Present

ANCORA PRIVATE WEALTH ADVISORS, LLC

Office #1: 6060 Parkland Boulevard Suite 200, Cleveland, OH 44124

RIA

CRD#: 124845

Cleveland, OH

Current

August 29, 2023 - Present

INVERNESS SECURITIES, LLC

Office #1: 6060 Parkland Blvd Ste 200, Cleveland, OH 44124

CRD#: 129914

Cleveland, OH

Past

January 24, 2022 - July 31, 2023

LINCOLN INVESTMENT

RIA

CRD#: 519

SHAKER HEIGHTS, OH

Past

January 24, 2022 - July 31, 2023

LINCOLN INVESTMENT

CRD#: 519

SHAKER HEIGHTS, OH

Past

January 12, 2022 - July 31, 2023

CAPITAL ADVISORS, LTD., LLC

RIA

CRD#: 153600

SHAKER HEIGHTS, OH

Past

December 13, 2021 - January 7, 2022

RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC

RIA

CRD#: 149018

Mentor, OH

Past

October 21, 2021 - January 7, 2022

RAYMOND JAMES FINANCIAL SERVICES, INC.

CRD#: 6694

MENTOR, OH

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".

ANCORA PRIVATE WEALTH ADVISORS, LLC

CRD#: 124845 / SEC#: 801-61942

RIA

Registered Investment Advisory firm - (4/3/2003 Approved)

Ohio

Registered Investment Advisory firm - (4/3/2003 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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.

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

Ohio
(8/30/2023)

IAR

Ohio
(3/5/2024)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 66

Date: 11/30/2021

Uniform Combined State Law Examination

General Industry/Product Exam

Series 7TO

Date: 10/21/2021

General Securities Representative Examination

General Industry/Product Exam

SIE

Date: 8/10/2021

Securities Industry Essentials Examination

SRO Registrations

FINRA

Current Firm

ANCORA PRIVATE WEALTH ADVISORS, LLC

CRD#: 124845 / SEC#: 801-61942

RIA

Registered Investment Advisory firm - (4/3/2003 Approved)

Ohio

Registered Investment Advisory firm - (4/3/2003 Terminated)

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

6060 Parkland Boulevard Suite 200, Cleveland, OH 44124

Mailing Address

Phone number

(216) 825-4000

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (19 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

ANCORA PRIVATE WEALTH ADVISORS LLC FORM ADV PART 2A DTD 12-31-2024 (3/21/2025)

Regulatory assets under management

Total Number of Accounts	4,083
AUM (Assets Under Management)	$ 3,213,280,712

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.

Similar Advisors

Boris Kagarlitskiy

KEY INVESTMENT SERVICES LLC

IAR

University Heights, OH

James Magyari

COMMONWEALTH FINANCIAL NETWORK

IAR

Solon, OH

We're Here To Help

Advisor Monitoring

Firm Stability Insights

Louis D. Preseren

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Louis Daniel Preseren's CRS (Customer Relationship Summary).

Certified licenses

Experience

INVERNESS SECURITIES, LLC

LINCOLN INVESTMENT

LINCOLN INVESTMENT

CAPITAL ADVISORS, LTD., LLC

RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC

RAYMOND JAMES FINANCIAL SERVICES, INC.

Primary Firm SEC Registration

ANCORA PRIVATE WEALTH ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 11/30/2021

Series 7TO

Date: 10/21/2021

SIE

Date: 8/10/2021

FINRA

Current Firm

ANCORA PRIVATE WEALTH ADVISORS, LLC

Contact information

SEC notice filing (19 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

ANCORA PRIVATE WEALTH ADVISORS, LLC

TRUST BUT VERIFY

Similar Advisors