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Darnel Bain

PASSIVE MANAGEMENT
NEW YORK, NY
·CRD# 8013909·2 years experience

Professional Summary

Darnel Bain is a registered financial advisor currently at PASSIVE MANAGEMENT LLC located in New York, New York. Darnel is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2025. Darnel has worked at 1 firm and has passed the Series 65 exam.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

Blog Corner

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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.

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Years of Experience

2 years in the financial services industry

Current & Past Employments

PASSIVE MANAGEMENT LLC·CRD# 314627
RIA
14 Wall Street 20th Floor, New York, NY 10005
January 8, 2025 - Present

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Current Firm

PM
PASSIVE MANAGEMENT LLC

PASSIVE MANAGEMENT LLC

CRD#: 314627 / SEC#: 801-129974
RIA
Registered Investment Advisory firm - SEC (4/18/2024 Approved)
Montana
Registered Investment Advisory firm - Montana (12/14/2023 Terminated)
New York
Registered Investment Advisory firm - New York (9/2/2026 Approved)
North Carolina
Registered Investment Advisory firm - North Carolina (5/10/2024 Terminated)
Ohio
Registered Investment Advisory firm - Ohio (6/9/2026 Approved)
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).

Contact Information

Main Address

14 Wall Street 20th Floor, New York, NY 10005

Mailing Address

14 Wall Street #2063, New York, NY 10005

Phone Number

(212) 618-1416

# of Employees

2

SEC notice filing (9 States and Territories)

Registered to provide investment advisory services in 9 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

ADV PART 2A (9/30/2026)

Regulatory Assets Under Management

Total Number of Accounts

116

AUM (Assets Under Management)

$22,348,854

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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.

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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".
PM
PASSIVE MANAGEMENT LLC

PASSIVE MANAGEMENT LLC

CRD#: 314627 / SEC#: 801-129974
RIA
Registered Investment Advisory firm - SEC (4/18/2024 Approved)
Montana
Registered Investment Advisory firm - Montana (12/14/2023 Terminated)
New York
Registered Investment Advisory firm - New York (9/2/2026 Approved)
North Carolina
Registered Investment Advisory firm - North Carolina (5/10/2024 Terminated)
Ohio
Registered Investment Advisory firm - Ohio (6/9/2026 Approved)
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.
IAR
California
(7/22/2026)
IAR
Florida
(7/7/2026)
IAR
Illinois
(6/8/2026)
IAR
New York
(1/8/2025)
IAR
Ohio
(6/9/2026)
IAR
Texas
(6/8/2026)

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.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Nov 2024About the Series 65 exam

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CRS (Client Relationship Summary) - RIA

Click below to view Darnel Bain's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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