DR
DR

Dave B Rao

21 Years of Experience
Broker
Areas of Practice
Investment ManagementRetirement PlanningHigh Net Worth
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
94 advisors
Number of Clients
5,401 clients
Average Client Portfolio
$716K average
Assets Under Management
$3.9B

Fee Structure

Minimum Investment:$25K
Financial Planning:Investment management only
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Location

445 Broad Hollow Rd., Suite 25, Melville, NY, 11747

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Dave is a managing principal at Rao Wealth Partners, a DBA for Rao Capital, spending full-time hours on this activity. He is also the president of Rao Capital, the operational arm of an investment advisory business, dedicating minimal time to this role.

Employment History
Current Registrations
Nations Financial Group, INC.
April 2021 - Present · 4 yrs 10 mos
Nations Financial Group, INC.Broker
April 2021 - Present · 4 yrs 10 mos
Previous Registrations
Cetera Advisor Networks LLCBroker
September 2019 - April 2021 · 1 yr 7 mos
Summit Financial Group INC
May 2016 - April 2021 · 4 yrs 11 mos
Summit Brokerage Services, INC.Broker
May 2016 - September 2019 · 3 yrs 4 mos
Wells Fargo Advisors Financial Network, LLC
November 2014 - June 2016 · 1 yr 7 mos
Wells Fargo Advisors Financial Network, LLCBroker
November 2014 - June 2016 · 1 yr 7 mos
Morgan Stanley
May 2011 - November 2014 · 3 yrs 6 mos
Morgan StanleyBroker
May 2010 - November 2014 · 4 yrs 6 mos
Jefferies & Company, INC.Broker
May 2009 - April 2010 · 11 mos
Piper Jaffray & CO.Broker
June 2008 - April 2009 · 10 mos
Credit Suisse Securities (USA) LLCBroker
July 2006 - March 2008 · 1 yr 8 mos
Robertson Stephens, INC.Broker
May 2001 - July 2002 · 1 yr 2 mos
Abn Amro IncorporatedBroker
April 2001 - May 2001 · 1 mo
Ing Barings LLCBroker
May 2000 - April 2001 · 11 mos
Donaldson, Lufkin & Jenrette Securities CorporationBroker
December 1999 - May 2000 · 5 mos
State Registrations17 states
CACTFLGAILMAMDMONCNJNYPATNTXVAVTWA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Dave B Rao - Financial Advisor | TrueAdvisor