DS
Deepali M. Shah
BANKERS LIFE ADVISORY SERVICES
Spring, TX 77386
Some features on this profile are disabled
CRD#: 7006222
DS
Professional summary
Deepali Mahajan Shah, who also goes by Deepali Mahajan, Deepali Shah, is a registered financial advisor currently at BANKERS LIFE ADVISORY SERVICES, INC. located in Spring, Texas and BANKERS LIFE SECURITIES, INC. located in Spring, Texas.
Deepali is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2018. Deepali has worked at 2 firms and has passed the Series 65, Series 63, Series 7TO, SIE and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Deepali Mahajan | Deepali Shah
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.
BANKERS LIFE & CASUALTY POSITION: Unit Field Trainer NATURE: sell Medicare insurance, long-term care insurance, life insurance, and annuities INVESTMENT RELATED: No NUMBER OF HOURS: 100 SECURITIES TRADING HOURS: 70 START DATE: 09/13/2012 ADDRESS: 711 W Bay Area Blvd. Suite 300, Webster TX 77598, United States DESCRIPTION: Recruit and train insurance agents. I am also appointed with KFA through BLC which allows agents to write business for Medicare Supplement, Annuity and Equity Indexed annuity insurance products, life insurance, health and LTC. MAHAJAN SHAH LLC POSITION: member NATURE: car repair; gas station/convenience store; used car sales 10 employees total, including my husband, my mother, my father, and my uncle The other members of Mahajan Shah LLC include my mother, my father, my husband, two uncles, and one aunt. INVESTMENT RELATED: No NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 01/01/2017 ADDRESS: 1603 I-45 South, Conroe TX 77301, United States DESCRIPTION: My spouse and parents own a car repair and gas station, which is the LLC. I have invested money in the business, for which I receive interest. I do not participate in any way in the running of the business or its decisions. There are no expectations or requirements of me in this business.
CRS (Client Relationship Summary) - RIA
Click below to view Deepali Mahajan Shah'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 11, 2019 - Present
BANKERS LIFE ADVISORY SERVICES, INC.
Office #1: 24624 I-45 North Suite 100, Spring, TX 77386RIA
CRD#: 281285
Spring, TX
Current
August 28, 2018 - Present
BANKERS LIFE SECURITIES, INC.
Office #1: 24624 I-45 North Suite 100, Spring, TX 77386BD
CRD#: 173962
Spring, 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".
BL
BANKERS LIFE ADVISORY SERVICES, INC.
BANKERS LIFE | BL ADVISORY SERVICES, INC | BANKERS LIFE ADVISORY SERVICES, INC.
CRD#: 281285 / SEC#: 801-106953
RIA
Registered Investment Advisory firm - (11/18/2015 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
Arkansas(1/29/2024)
RR
Missouri(3/5/2024)
IAR
Pennsylvania(7/31/2025)
RR
Pennsylvania(8/6/2025)
RR
Texas(10/15/2018)
IAR
Texas(7/11/2019)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 9/30/2022
General Securities Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
BL
BANKERS LIFE ADVISORY SERVICES, INC.
BANKERS LIFE | BL ADVISORY SERVICES, INC | BANKERS LIFE ADVISORY SERVICES, INC.
CRD#: 281285 / SEC#: 801-106953
RIA
Registered Investment Advisory firm - (11/18/2015 Approved)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
303 E. Wacker Drive 5th Fl, Chicago, IL 60601
Mailing Address
Phone number
(844) 553-9083
Established
Firm type
Fiscal year end
# of Employees
384
SEC notice filing (52 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 14,938 |
| AUM (Assets Under Management) | $ 1,943,847,697 |
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
BANKERS LIFE ADVISORY SERVICES, INC.
CRD#: 281285Spring, TX 77386TRUST BUT VERIFY
Monitor Deepali Shah
Get automatic monthly alerts on:Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates
