SM
Stephen M. Maher
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CRD#: 807523
SM
Professional summary
Stephen Michael Maher was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.
Stephen is a previously registered financial professional and started their career in finance in 1975. Prior to being barred, Stephen had worked at 7 firms, which includes 1ST DISCOUNT BROKERAGE INC., ADVEST INC., LEHMAN BROTHERS INC., FSC SECURITIES CORPORATION, THOMSON MCKINNON SECURITIES INC., BABBITT MYERS & COMPANY INC., KIDDER PEABODY & CO. INCORPORATED.
Question & Answer
Are you a "fiduciary"?
No
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.
The advisor shows no other business activity.
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®
NoneExperience
Past
June 11, 2003 - July 25, 2008
1ST DISCOUNT BROKERAGE, INC.
BD
CRD#: 39164
ERIE, PA
Past
November 29, 1990 - June 30, 2003
ADVEST, INC.
BD
CRD#: 10
HARTFORD, CT
Past
June 16, 1989 - December 19, 1990
LEHMAN BROTHERS INC.
BD
CRD#: 7506
NEW YORK, NY
Past
February 10, 1987 - June 28, 1989
ADVEST, INC.
BD
CRD#: 10
HARTFORD, CT
Past
March 6, 1985 - January 29, 1987
FSC SECURITIES CORPORATION
BD
CRD#: 7461
Past
April 22, 1981 - March 22, 1985
LEHMAN BROTHERS INC.
BD
CRD#: 7506
Past
October 1, 1979 - May 20, 1981
THOMSON MCKINNON SECURITIES INC.
BD
CRD#: 829
Past
July 6, 1978 - October 11, 1979
LEHMAN BROTHERS INC.
BD
CRD#: 7506
Past
March 23, 1976 - August 1, 1978
BABBITT, MYERS & COMPANY, INC.
BD
CRD#: 63
Past
April 24, 1975 - May 17, 1976
KIDDER, PEABODY & CO., INCORPORATED
BD
CRD#: 488
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".
1D
1ST DISCOUNT BROKERAGE, INC.
1DB ASSET MANAGEMENT | 1ST DISCOUNT BROKERAGE, INC.
CRD#: 39164 / SEC#: 801-132978, 8-48557
RIA
Registered Investment Advisory firm - SEC (6/12/2025 Approved)Alabama
Registered Investment Advisory firm - SEC (2/25/2005 Terminated)Arkansas
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)California
Registered Investment Advisory firm - SEC (7/31/2025 Terminated)Colorado
Registered Investment Advisory firm - SEC (4/11/2013 Terminated)Florida
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)Georgia
Registered Investment Advisory firm - SEC (12/9/2004 Terminated)Iowa
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)Maryland
Registered Investment Advisory firm - SEC (12/17/2004 Terminated)Massachusetts
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)New Jersey
Registered Investment Advisory firm - SEC (7/17/2025 Terminated)New York
Registered Investment Advisory firm - SEC (4/7/2005 Cancelled)Pennsylvania
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)Rhode Island
Registered Investment Advisory firm - SEC (7/21/2025 Terminated)Tennessee
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)Texas
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)Wisconsin
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (Florida 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
General Industry/Product Exam
RR
PC
Date: 7/28/1982
AMEX Put and Call ExamGeneral Industry/Product Exam
RR
Series 5
Date: 12/12/1981
Interest Rate Options ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
RR
Series 000
Date: 4/14/1969
General Securities Principal ExaminationPrincipal/Supervisory Exam
Principal/Supervisory Exam
RR
Series 12
Date: 8/15/1981
NYSE Branch Manager ExaminationCurrent Firm
1D
1ST DISCOUNT BROKERAGE, INC.
1DB ASSET MANAGEMENT | 1ST DISCOUNT BROKERAGE, INC.
CRD#: 39164 / SEC#: 801-132978, 8-48557
RIA
Registered Investment Advisory firm - SEC (6/12/2025 Approved)Alabama
Registered Investment Advisory firm - SEC (2/25/2005 Terminated)Arkansas
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)California
Registered Investment Advisory firm - SEC (7/31/2025 Terminated)Colorado
Registered Investment Advisory firm - SEC (4/11/2013 Terminated)Florida
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)Georgia
Registered Investment Advisory firm - SEC (12/9/2004 Terminated)Iowa
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)Maryland
Registered Investment Advisory firm - SEC (12/17/2004 Terminated)Massachusetts
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)New Jersey
Registered Investment Advisory firm - SEC (7/17/2025 Terminated)New York
Registered Investment Advisory firm - SEC (4/7/2005 Cancelled)Pennsylvania
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)Rhode Island
Registered Investment Advisory firm - SEC (7/21/2025 Terminated)Tennessee
Registered Investment Advisory firm - SEC (7/2/2025 Terminated)Texas
Registered Investment Advisory firm - SEC (7/1/2025 Terminated)Wisconsin
Registered Investment Advisory firm - SEC (10/2/2007 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (Florida district office)
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Contact information
Main Address
8927 Hypoluxo Road Suite A5, Lake Worth, FL 33467
Mailing Address
8927 Hypoluxo Road Suite A5, Lake Worth, FL 33467
Phone number
(561) 515-3200
Established
Florida since 07/14/1995
Firm type
Corporation
Fiscal year end
December
Firm Size
Small
# of Employees
9
SEC notice filing (10 States and Territories)
FINRA licenses (51 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 346 |
| AUM (Assets Under Management) | $ 108,117,119 |
Disclosures
| Regulatory Event | 8 |
| Arbitration | 2 |
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.
