BrokerCheck Report WILLIAMS BENATOR & LIBBY FINANCIAL SERVICES, LLC Section Title Report Summary Registration and Withdrawal Firm History CRD# 120570 1 2 11 Firm Profile 3 - 10 Page(s) Firm Operations 12 - 22 Please be aware that fraudsters may link to BrokerCheck from phishing and similar scam websites, trying to steal your personal information or your money. Make sure you know who you’re dealing with when investing, and contact FINRA with any concerns. For more information read our investor alert on imposters. i
Transcript
BrokerCheck Report
WILLIAMS BENATOR & LIBBY FINANCIAL SERVICES, LLC
Section Title
Report Summary
Registration and Withdrawal
Firm History
CRD# 120570
1
2
11
Firm Profile 3 - 10
Page(s)
Firm Operations 12 - 22
Please be aware that fraudsters may link to BrokerCheck from phishing and similar scam websites, trying to steal your personal information or your money.Make sure you know who you’re dealing with when investing, and contact FINRA with any concerns.
For more information read our investor alert on imposters.
BrokerCheck offers information on all current, and many former, registered securities brokers, and all current and formerregistered securities firms. FINRA strongly encourages investors to use BrokerCheck to check the background ofsecurities brokers and brokerage firms before deciding to conduct, or continue to conduct, business with them.
· What is included in a BrokerCheck report?· BrokerCheck reports for individual brokers include information such as employment history, professional
qualifications, disciplinary actions, criminal convictions, civil judgments and arbitration awards. BrokerCheckreports for brokerage firms include information on a firm’s profile, history, and operations, as well as many of thesame disclosure events mentioned above.
· Please note that the information contained in a BrokerCheck report may include pending actions orallegations that may be contested, unresolved or unproven. In the end, these actions or allegations may beresolved in favor of the broker or brokerage firm, or concluded through a negotiated settlement with noadmission or finding of wrongdoing.
· Where did this information come from?· The information contained in BrokerCheck comes from FINRA’s Central Registration Depository, or
CRD® and is a combination of: o information FINRA and/or the Securities and Exchange Commission (SEC) require brokers and
brokerage firms to submit as part of the registration and licensing process, and o information that regulators report regarding disciplinary actions or allegations against firms or brokers.
· How current is this information?· Generally, active brokerage firms and brokers are required to update their professional and disciplinary
information in CRD within 30 days. Under most circumstances, information reported by brokerage firms, brokersand regulators is available in BrokerCheck the next business day.
· What if I want to check the background of an investment adviser firm or investment adviserrepresentative?
· To check the background of an investment adviser firm or representative, you can search for the firm orindividual in BrokerCheck. If your search is successful, click on the link provided to view the available licensingand registration information in the SEC's Investment Adviser Public Disclosure (IAPD) website athttps://www.adviserinfo.sec.gov. In the alternative, you may search the IAPD website directly or contact yourstate securities regulator at http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/P455414.
· Are there other resources I can use to check the background of investment professionals?· FINRA recommends that you learn as much as possible about an investment professional before
deciding to work with them. Your state securities regulator can help you research brokers and investment adviserrepresentatives doing business in your state.
·Thank you for using FINRA BrokerCheck.
For more information aboutFINRA, visit www.finra.org.
Using this site/information meansthat you accept the FINRABrokerCheck Terms andConditions. A complete list ofTerms and Conditions can befound at
For additional information aboutthe contents of this report, pleaserefer to the User Guidance orwww.finra.org/brokercheck. Itprovides a glossary of terms and alist of frequently asked questions,as well as additional resources.
2987 CLAIRMONT ROAD, SUITE 400ATLANTA, GA 30329-1687
Mailing Address
2987 CLAIRMONT ROAD, SUITE 400ATLANTA, GA 30329-1687
Business Telephone Number
404-315-7200
Report Summary for this Firm
This report summary provides an overview of the brokerage firm. Additional information for this firm can be foundin the detailed report.
Disclosure Events
Brokerage firms are required to disclose certaincriminal matters, regulatory actions, civil judicialproceedings and financial matters in which the firm orone of its control affiliates has been involved.
Are there events disclosed about this firm? No
Firm Profile
This firm is classified as a limited liability company.
This firm was formed in Delaware on 07/03/2001.
Its fiscal year ends in December.
Firm History
Information relating to the brokerage firm's historysuch as other business names and successions(e.g., mergers, acquisitions) can be found in thedetailed report.
Firm Operations
This brokerage firm is no longer registered withFINRA or a national securities exchange.
This section provides information relating to the date the brokerage firm ceased doing business and the firm's financialobligations to customers or other brokerage firms.
Registration Withdrawal Information
04/14/2005
No
This firm terminated orwithdrew registration on:
Does this brokerage firm oweany money or securities toany customer or brokeragefirm?
This firm is classified as a limited liability company.
This firm was formed in Delaware on 07/03/2001.
CRD#
This section provides the brokerage firm's full legal name, "Doing Business As" name, business and mailingaddresses, telephone number, and any alternate name by which the firm conducts business and where such name isused.
Firm Profile
Firm Names and Locations
Its fiscal year ends in December.
WILLIAMS BENATOR & LIBBY FINANCIAL SERVICES, LLC
SEC#
120570
8-65321
Main Office Location
Mailing Address
Business Telephone Number
Doing business as WILLIAMS BENATOR & LIBBY FINANCIAL SERVICES, LLC
404-315-7200
2987 CLAIRMONT ROAD, SUITE 400ATLANTA, GA 30329-1687
2987 CLAIRMONT ROAD, SUITE 400ATLANTA, GA 30329-1687
RegistrationsThis section provides information about the regulators (Securities and Exchange Commission (SEC), self-regulatoryorganizations (SROs), and U.S. states and territories) with which the brokerage firm is currently registered andlicensed, the date the license became effective, and certain information about the firm's SEC registration.
The firm's registration was from 10/07/2002 to 06/08/2005.
Types of BusinessThis section provides the types of business, including non-securities business, the brokerage firm is engaged in orexpects to be engaged in.
Other Types of Business
This firm does not effect transactions in commodities, commodity futures, or commodity options.This firm does not engage in other non-securities business.
Non-Securities Business Description:
This firm currently conducts 1 type of business.
Types of Business
Other - AS INDICATED IN THE FIRM'S BUSINESS PLAN, APPLICANT WILL SERVE SOLELY AS A REFERRINGBROKER/DEALER. AS PART OF THE ALLIANCE DISTRIBUTION SYSTEM WITH SECURIAN FINANCIALSERVICES, INC., AND WORTHMARK FINANCIAL SERVICES, LLC, APPLICANT WILL REFER POTENTIALCUSTOMERS TO SECURIAN AND/ OR WORTHMARK. APPLICANT WILL NOT PLACE OR EXECUTE ANYSECURITIES PURCHASES OR OFFERINGS.
This firm does not hold or maintain funds or securities or provide clearing services for other broker-dealer(s).
Introducing Arrangements
This firm does refer or introduce customers to other brokers and dealers.
Name: SECURIAN FINANCIAL SERVICES, INC.
Business Address: 400 ROBERT STREET NORTHST. PAUL, MN 55101
CRD #: 15296
Effective Date: 07/03/2001
Description: APPLICANT WILL INTRODUCE CLIENTS TO ITS AFFILIATED BROKERDEALER, SECURIAN FINANCIAL SERVICES, INC. IN ORDER TO EXECUTEMUTUAL FUND AND VARIABLE CONTRACT PURCHASES.
Business Address: 277 PARK AVENUENEW YORK, NY 10172
CRD #: 7560
Effective Date: 07/03/2001
Description: APPLICANT WILL INTRODUCE CLIENTS TO SECURIAN FINANCIALSERVICES, WHO HAS ENTERED INTO A FULLY DISCLOSED CLEARINGAGREEMENT WITH PERSHING, A DIVISION OF DONALDSON, LUFKIN &JENRETTE, FOR THE CLEARING SERVICES OFFERED THROUGHPERSHING. THIS WOULD RESULT IN SECURIAN PLACING DISCOUNTBROKERAGE TRADES FOR CUSTOMERS WITH PERSHING, WHICHEXECUTES THE ORDERS.
This firm does have books or records maintained by a third party.
This firm does not have accounts, funds, or securities maintained by a third party.
This firm does have customer accounts, funds, or securities maintained by a third party.
Name: MINNESOTA LIFE INSURANCE COMPANY
Business Address: 400 ROBERT STREET NORTHST. PAUL, MN 55101
Effective Date: 09/12/2001
Description: APPLICANT HAS A MANAGEMENT & ADMINISTRATIVE SERVICESAGREEMENT WITH ITS MINORITY OWNER (SECURIAN FINANCIALSERVICES) AND A CORPORATION UNDER COMMON CONTROL WITHSECURIAN (MINNESOTA LIFE INSURANCE CO.), PURSUANT TO WHICHSECURIAN AND MINNESOTA LIFE WILL MAINTAIN CERTAIN CUSTOMERRECORDS, AND APPLICANT HAS CONTRACTUAL RIGHT TO ACCESSSUCH RECORDS AT ALL TIMES.
Name: SECURIAN FINANCIAL SERVICES, INC.
Business Address: 400 ROBERT STREET NORTHST. PAUL, MN 55101
CRD #: 15296
Effective Date: 09/12/2001
Description: APPLICANT HAS A MANAGEMENT & ADMINISTRATIVE SERVICESAGREEMENT WITH ITS MINORITY OWNER (SECURIAN FINANCIALSERVICES) AND A CORPORATION UNDER COMMON CONTROL WITHSECURIAN (MINNESOTA LIFE INSURANCE CO.), PURSUANT TO WHICHSECURIAN AND MINNESOTA LIFE WILL MAINTAIN CERTAIN CUSTOMERRECORDS, AND APPLICANT HAS CONTRACTUAL RIGHT TO ACCESSSUCH RECORDS AT ALL TIMES.
Name: SECURIAN FINANCIAL SERVICES, INC.
Business Address: 400 ROBERT STREET NORTHST. PAUL, MN 55101
CRD #: 15296
Effective Date: 07/03/2001
Description: CUSTOMERS OF THE APPLICANT WILL ULTIMATELY EFFECTTRANSACTIONS THROUGH ITS MINORITY OWNER, SECURIANFINANCIAL SERVICES, INC.; AS SUCH, CERTAIN CLIENT RECORDS, I.E.CONFIRMATIONS, QUATERLY STATEMENTS AND ORDER TICKETS, WILLBE MAINTAINED BY SECURIAN FINANCIAL SERVICES, INC. BY MEANSOF A SERVICE AGREEMENT, APPLICANT WILL HAVE ACCESS TO THOSERECORDS.
This firm does not have individuals who control its management or policies through agreement.
This firm does not have individuals who wholly or partly finance the firm's business.
Control Persons/Financing
CUSTOMERS OF THE APPLICANT WILL ULTIMATELY EFFECTTRANSACTIONS THROUGH ITS MINORITY OWNER, SECURIANFINANCIAL SERVICES, INC.; AS SUCH, CERTAIN CLIENT RECORDS, I.E.CONFIRMATIONS, QUATERLY STATEMENTS AND ORDER TICKETS, WILLBE MAINTAINED BY SECURIAN FINANCIAL SERVICES, INC. BY MEANSOF A SERVICE AGREEMENT, APPLICANT WILL HAVE ACCESS TO THOSERECORDS.
Organization AffiliatesThis section provides information on control relationships the firm has with other firms in the securities, investmentadvisory, or banking business.
This firm is, directly or indirectly:
· in control of· controlled by· or under common control withthe following partnerships, corporations, or other organizations engaged in the securities or investmentadvisory business.
No
Yes
No
01/30/2003
3421 NORTH CAUSEWAY BLVD., SUTIE 401METAIRIE, LA 70002
122494
WD WEALTH MANAGEMENT, LLC is under common control with the firm.
THE APPLICANT'S MINORITY OWNER, SECURIAN FNANCIAL SERVICES,INC., IS ALSO A MINORITY OWNER OF WD WEALTH MANAGEMENT, LLC
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
No
Yes
No
12/06/2002
9211 FOREST HILL AVENUE, SUITE 202RICHMOND, VA 23235
121783
B E FINANCIAL SOLUTIONS, LLC is under common control with the firm.
THE APPLICANT'S MINORITY OWNER, SECURIAN FNANCIAL SERVICES,INC., IS ALSO A MINORITY OWNER OF B E FINANCIAL SERVICES, LLC
4001 MACARTHUR BOULEVARDSUITE 300NEWPORT BEACH, CA 92660-2508
THE APPLICANT'S MINORITY OWNER, SECURIAN FINANCIAL SERVICES,INC., IS ALSO A MINORITY OWNER OF NSHD FINANCIAL AND INSURANCESERVICES, LLC.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
No
07/03/2001
400 ROBERT STREET NORTHST. PAUL, MN 55101
ADVANTUS CAPITAL MANAGEMENT, INC. controls the firm.
THE MINORITY OWNER'S PARENT, ADVANTUS CAPITAL MANAGEMENT ISAN INVESTMENT ADVISOR WITH THE SEC. IT ACTS AS AN INVESTMENTADVISOR FOR 12 MUTUAL FUNDS. THESE ARE: ADVANTUS SERIES FUND,INC., ADVANTUS MONEY MARKET FUND, INC., ADVANTUS MORTGAGESECURITIES FUND, INC. ADVANTUS HORIZON FUND, INC., ADVANTUSSPECTRUM FUND, INC., ADVANTUS BOND FUND, INC., ADVANTUS CASHFUND, INC., ADVANTUS ENTERPRISE FUND, INC., ADVANTUSCORNERSTONE FUND, INC., ADVANTUS INTERNATIONAL BALANCEDFUNDS, INC., ADVANTUS INDEX 500 FUND, INC
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
4001 MACARTHUR BOULEVARDSUITE 300NEWPORT BEACH, CA 92660
117736
SLGG FINANCIAL AND INSURANCE SERVICES, LLC is under common control with the firm.
THE APPLICANT'S MINORITY OWNER, SECURIAN FINANCIAL SERVICES, IS100% OWNED BY ADVANTUS CAPITAL MANAGEMENT, INC. ADVANTUS IS AWHOLLY OWNED SUBSIDIARY OF MINNESOTA LIFE INSURANCE COMPANY.IT IN TURN OWNS 100% OF ENTERPRISE HOLDING CORPORATION, WHICHIS THE SOLE SHAREHOLDER OF MIMLIC IMPERIAL CORPORATION, WHICHOWNS 50% OF OUTSTANDING STOCK OF C.R.I. SECURITIES, INC., AREGISTERED BROKER DEALER.
Description:
Investment AdvisoryActivities:
Yes
Yes
No
07/03/2001
400 ROBERT STREETST. PAUL, MN 55101
15296
SECURIAN FINANCIAL SERVICES, INC. controls the firm.
THE APPLICANT'S MINORITY OWNER, SECURIAN FINANCIAL SERVICES,INC. IS A REGISTERED BROKER/DEALER AND INVESTMENT ADVISOR.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
Yes
Yes
No
07/03/2001
400 ROBERT STREET NORTHST. PAUL, MN 55101
47086
WORTHMARK FINANCIAL SERVICES, LLC is under common control with the firm.
THE APPLICANT'S MINORITY OWNER, SECURIAN FINANCIAL SERVICES,INC., IS THE MAJORITY OWNER OF WORTHMARK FINANCIAL SERVICES,INC., A SECURITIES BROKER DEALER REGISTERED WITH THE SEC AND AMEMBER OF THE NASD.
Organization Affiliates (continued)THE APPLICANT'S MINORITY OWNER, SECURIAN FINANCIAL SERVICES,INC., IS THE MAJORITY OWNER OF WORTHMARK FINANCIAL SERVICES,INC., A SECURITIES BROKER DEALER REGISTERED WITH THE SEC AND AMEMBER OF THE NASD.
This firm is not directly or indirectly, controlled by the following:
· bank holding company· national bank· state member bank of the Federal Reserve System· state non-member bank· savings bank or association· credit union· or foreign bank
