DT
Derik S. Torres
DERIK TORRES CPA PC
Mckinney, TX
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CRD#: 7749206
DT
Professional summary
Derik Santiago Torres is a registered financial advisor currently at DERIK TORRES CPA PC located in Mckinney, Texas.
Derik is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2023. Derik has worked at 1 firm and has passed the Series 65 exam.
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.
Public Accounting Practice. Derik Torres CPA PC is owned 100% by and founded in 2009. I provide tax preparation and planning. Torres Holdings LLC. I am 100% owner. It currently has a DBA Playhouse Cards and Collectibles. I sell trading cards on the side with my daughter. A couple of hours a week Playa Vacations LLC . This is my wife's travel agency. I am only half owner via community property. She owns and operates. Abide Mateo LLC and PTTWO LLC are former clients of my CPA practice. I have no relationship with them and asked them to remove me as registered agent with the state of Texas.
CRS (Client Relationship Summary) - RIA
Click below to view Derik Santiago Torres'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
October 6, 2023 - Present
DERIK TORRES CPA PC
RIA
CRD#: 327064
Mckinney, TX
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.Highlighted states indicate IAR registrations
IAR
Texas(10/6/2023)
Current Firm
DT
DERIK TORRES CPA PC
DERIK TORRES CPA PC
CRD#: 327064 / SEC#:
Texas
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Contact information
Main Address
Mckinney, TX
Mailing Address
Phone number
(214) 418-9311
Established
Firm type
Fiscal year end
# of Employees
1
Exempt reporting advisers
Exempt Reporting Advisers ("ERA") are investment advisers that are not required to register as investment advisers because they rely on certain exemptions from registration under sections 203(l) and 203(m) of the Investment Advisers Act of 1940 and related rules. Certain state securities regulatory authorities have similar exemptions based on state statutes or regulations. An ERA is required to file a report using Form ADV, but does not complete all items contained in Form ADV that a registered adviser must complete. Other state securities regulatory authorities require an ERA to register as an investment adviser and file a complete Form ADV. Below are the regulators with which an ERA report is filed.
| SEC / JURISDICTION | REPORTING STATUS | EFFECTIVE DATE |
|---|---|---|
| Texas | ERA - Withdrawn | 6/1/2023 |
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.
