AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Why Advisor Check
DB

Donald W. Brasfield

Some features on this profile are disabled
CRD#: 719643
DB

Professional summary


Donald Wayne Brasfield JR was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Donald is a previously registered financial professional and started their career in finance in 1980. Prior to being barred, Donald had worked at 10 firms, which includes GMS GROUP, PARAGON CAPITAL MARKETS INC., AMUNI FINANCIAL INC., J. W. GANT & ASSOCIATES INC., PRUDENTIAL EQUITY GROUP LLC, MUNICIPAL SECURITIES INCORPORATED, TITAN/VALUE EQUITIES GROUP INC., AMERICAN EXPRESS FINANCIAL CORPORATION, IDS LIFE INSURANCE COMPANY, AMERIPRISE FINANCIAL SERVICES LLC.

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


Donald Wayne Brasfield | Donald W Brassfield Jr

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.
The advisor shows no other business activity.

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

Certified licenses


Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience


Past

June 23, 1997 - February 23, 1998

GMS GROUP

BD
CRD#: 8000
EAST HANOVER, NJ
Past

December 4, 1995 - June 19, 1997

PARAGON CAPITAL MARKETS, INC.

BD
CRD#: 18555
EAST HANOVER, NJ
Past

January 6, 1995 - November 1, 1995

AMUNI FINANCIAL, INC.

BD
CRD#: 8365
ST. PETERSBURG, FL
Past

September 4, 1992 - November 15, 1994

GMS GROUP

BD
CRD#: 8000
EAST HANOVER, NJ
Past

March 12, 1992 - July 10, 1992

J. W. GANT & ASSOCIATES, INC.

BD
CRD#: 7963
Past

January 22, 1992 - February 14, 1992

PRUDENTIAL EQUITY GROUP, LLC

BD
CRD#: 7471
NEW YORK, NY
Past

March 6, 1986 - January 23, 1992

MUNICIPAL SECURITIES, INCORPORATED

BD
CRD#: 6163
MEMPHIS, TN
Past

February 23, 1983 - December 19, 1985

TITAN/VALUE EQUITIES GROUP, INC.

BD
CRD#: 6359
Past

November 26, 1980 - February 17, 1983

AMERICAN EXPRESS FINANCIAL CORPORATION

BD
CRD#: 6320
Past

November 26, 1980 - February 17, 1983

IDS LIFE INSURANCE COMPANY

BD
CRD#: 6321
Past

November 26, 1980 - February 18, 1983

AMERIPRISE FINANCIAL SERVICES, LLC

BD
CRD#: 6363

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".
GMS GROUP
GMS GROUP
GMS GROUP | THE GMS GROUP, LLC | THE GMS GROUP, L.L.C. | THE G.M.S. GROUP, L.L.C. | THE G.M.S. GROUP, INC. | MOORE & SCHLEY MUNICIPALS, INC.

CRD#: 8000 / SEC#: 801-126662, 8-23936

RIA
Registered Investment Advisory firm - SEC (11/22/2022 Approved)
Texas
Registered Investment Advisory firm - SEC (1/8/2007 Terminated)
BD
Broker-Dealer Firm Regulated by FINRA (Woodbridge district office)

State Registrations and Notice Filings


Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
RR
Series 63
Date: 11/10/1980
Uniform Securities Agent State Law Examination
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam

Current Firm


GMS GROUP
GMS GROUP
GMS GROUP | THE GMS GROUP, LLC | THE GMS GROUP, L.L.C. | THE G.M.S. GROUP, L.L.C. | THE G.M.S. GROUP, INC. | MOORE & SCHLEY MUNICIPALS, INC.

CRD#: 8000 / SEC#: 801-126662, 8-23936

RIA
Registered Investment Advisory firm - SEC (11/22/2022 Approved)
Texas
Registered Investment Advisory firm - SEC (1/8/2007 Terminated)
BD
Broker-Dealer Firm Regulated by FINRA (Woodbridge district office)
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
120 Eagle Rock Ave Suite 300, East Hanover, NJ 07936
Mailing Address
120 Eagle Rock Ave Suite 300, East Hanover, NJ 07936
Phone number
(973) 535-5000
Established
Delaware since 03/05/1997
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Small
# of Employees
15

SEC notice filing (2 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

FINRA licenses (52 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents


Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Part 2 Brochures

THE GMS GROUP DISCLOSURE BROCHURE (7/8/2025)

Direct owners and executive officers


NamePositionCRD#
GMS GROUP HOLDINGS CORPMEMBER
CAPONE, CARMINE CLAUDIOEXECUTIVE VICE PRESIDENT/DIRECTOR1124455
DEMBOWSKI, DANIELLE DENISECHIEF FINANCIAL OFFICER5855269
DONOHUE, TIMOTHY JOSEPHSROP/CROP/DIRECTOR/CHIEF COMPLIANCE OFFICER/COO725373
DONOHUE, TIMOTHY JOSEPHPRESIDENT725373
ESTANISLAO, LEONARDOCHIEF INFORMATION OFFICER/SENIOR VICE PRESIDENT/DIRECTOR4622553
FELDMAN, JUSTYN SETHSENIOR VICE PRESIDENT - DIRECTOR2283535
FELDMAN, MELVINDIRECTOR, SR VICE PRESIDENT205924
KONSIG, PAUL ROBERTCEO500443
KONSIG, PAUL ROBERTDIRECTOR500443
KOROSTOFF, DAVID BRUCEDIRECTOR, SR. VICE PRESIDENT1205712
LENZI, JEFFREY PAULSENIOR VICE PRESIDENT/DIRECTOR2452390
LIPMAN, MATTHEW ERICSECRETARY2367335
MANTE, PAUL DAVIDSENIOR VICE PRESIDENT - DIRECTOR4911949
MCKENNA, MICHAEL JAMESEXECUTIVE VICE PRESIDENT1524460
PRICE, BARBARA BENEDICTDIRECTOR, SR. VICE PRESIDENT17944
VESSELS, STEPHEN GLENNSENIOR VICE PRESIDENT/DIRECTOR2403660

Regulatory assets under management


Total Number of Accounts1
AUM (Assets Under Management)$ 13,887,060

Disclosures


Regulatory Event7
Arbitration10

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


GMS GROUP

GMS GROUP

CRD#: 8000

TRUST BUT VERIFY

Monitor Donald Brasfield

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors


Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
footer-logo

AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.
© 2025 AdvisorCheck, an AIMR Analytics company.
All rights reserved.
Powered ByAIRM Analytics