Wachovia Securities, LLC (St. Louis)

Name: Wachovia Securities, LLC
Address: One North Jefferson Avenue, St. Louis, MO, 63103
Telephone: 314-955-3000

Wachovia Securities, LLC is a large advisory firm based in St. Louis. It manages $118.95 billion of regulatory assets for 745,489 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Wachovia Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and market timing services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wachovia Securities: assets under management

The assets under management (AUM) of Wachovia Securities, LLC is $118.95 billion. The firm's AUM has grown by 599% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $77.02 billion in discretionary accounts and $41.93 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $150.22 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $180.15 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wachovia Securities, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wachovia Securities, LLC

Scott Louis Ilario has been acting as President since 1 Jan 2000. Wachovia Corporation joined the executive team most recently as the Stockholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alan Lee Jr Maxwell	Cfo	1 Oct 1999	Other	1142248
Scott Louis Ilario	President/dir of cap mkt compliance	1 Jan 2000	Other	2086073
Robert Thomas Mooney	Director of retail compliance	1 Oct 2000	Other	2312160
William Lee Jr Short	Srop/crop	1 Oct 2000	Other	876592
Stephen Thomas Gannon	General counsel of retail brokerage group	1 May 2001	Other	4573896
Joseph Michael Nenichka	Coo	1 Jul 2002	Other	1639260
Stephen Emery Cummings	Manager	1 May 2003	Other	1249950
William Barnes Hauptfuhrer	Manager	1 May 2003	Other	3197862
Daniel James Ludeman	Manager	1 May 2003	Other	874126
Everen Capital Corporation	Member	1 May 2003	75% - 100%	36-4019175
Daniel James Ludeman	President/ceo/manager	1 Jul 2003	Other	874126
Robert Thomas Mooney	Director of compliance	1 Jul 2003	Other	2312160
Stephen Thomas Gannon	General counsel/secretary	1 Jul 2003	Other	4573896
Richard Humberto Castro	Director of operations	1 Jul 2003	Other	1214118
Paul Francis Costello	Manager	1 Jul 2003	Other	2030595
George R. Fisher	Chief administrative officer	1 Jul 2003	Other	1250903
Julie Dickinson Joyce	Managing director	1 Jul 2003	Other	1369907
Thomas Dominic Lux	Chief financial officer	1 Jul 2003	Other	2778800
Brand Frederick Meyer	Manager	1 Jul 2003	Other	808629
Dwight Charles Moody	Manager	1 Jul 2003	Other	1423176
Michael James Rice	Manager	1 Jul 2003	Other	1718732
Wachovia/Prudential Financial Advisors	Sole member	1 Jul 2003	75% - 100%	72-1560834
David Lee Monday	Managing director	1 Jul 2003	Other	722234
George Ross Fisher	Chief administrative officer	1 Jul 2003	Other	1250903
James Thomas Jr Donley	Manager	1 Nov 2003	Other	70029
Llc Wachovia Securities Financial Holdings	Sole member	1 Dec 2003	75% - 100%	72-1560834
Jeffrey Allen Gelfand	Chief financial officer	1 Dec 2003	Other	3198911
John Mccarthy	Outside operating committee member	1 Jan 2004	Other	4891530
John Patrick Mccarthy	Outside operating committee member	1 Jan 2004	Other	4891530
Kevin Thomas Burke	Senior registered options principal	1 Apr 2004	Other	1907003
Ryan Eugene Main	Compliance registered options principal	1 Apr 2004	Other	2543162
Atul Kamra	Outside operating committee member	1 Jun 2004	Other	4891540
Lori Allyn Belza	Svp/operating committee member	1 Aug 2004	Other	1993692
Lori Allyn Groden Belza	Management committee member	1 Aug 2004	Other	1993692
Patricia Reed Centeno	Ia chief compliance officer	1 Oct 2004	Other	2239528
William Lee Jr Short	State designated/principal officer	1 Oct 2004	Other	876592
Patricia R. Centeno	Ia chief compliance officer	1 Oct 2004	Other	2239528
Richard Humberto Castro	Chief operations officer	1 Jan 2005	Other	1214118
John Gabriel Jr Peluso	Outside operating committee member	1 Mar 2005	Other	1902776
David Robert Kimm	Chief risk officer	1 Apr 2005	Other	722941
Robert Thomas Mooney	Chief compliance officer/chief administrative officer	1 May 2005	Other	2312160
Lawrence Paul Sandor	Chief compliance officer	1 Aug 2005	Other	4545837
Michael Arney Wade	Chief operations officer	1 Aug 2005	Other	2350983
Karen Hutcheson Wimbish	Managing director/operating committee member	1 Nov 2005	Other	2774186
James Edward Hays	Managing director/operating committee member	1 Jan 2006	Other	1569212
Charlie Kent Christian	Managing director/operating committee member	1 Jan 2006	Other	1465883
Theresa Marie Roddy	Managing director/operating committee member	1 Jan 2006	Other	1999048
Karen Hutcheson Wimbish	Managing director/operating committee member	1 Jan 2006	Other	2774186
Linda Amundsen Delaney	Outside operating committee member	1 Mar 2006	Other	1570750
Mark John Hammersmith	Outside operating committee member	1 Mar 2006	Other	5113830
David Richard Hopkins	Chief financial officer	1 Apr 2006	Other	4802877
Marjorie Mary Connelly	Operating committee member/chief operating officer	1 Aug 2006	Other	5125848
William Lee Jr Short	Srop/crop/state designated principal officer	1 Oct 2006	Other	876592
Mary Tabb Mack	Executive vice president/operating committee member	1 Oct 2006	Other	2959378
Modesto Moya	Srop	1 Jul 2007	Other	1174389
Ryan Eugene Main	Crop	1 Jul 2007	Other	2543162
Joseph Peter Nadreau	Managing director/operating committee member	1 Jul 2007	Other	2382449
Theresa Ann Fanning	State designated principal officer	1 Aug 2007	Other	2984994
Thomas Hal Clarke	General counsel/secretary	1 Sep 2007	Other	xxx-xx-xxxx
Brand Frederick Meyer	Member of board of managers/managing director/co-head of financial services group	1 Oct 2007	Other	808629
Marjorie Mary Connelly	Managing director/co-head of business services group/operating committee member	1 Oct 2007	Other	5125848
Mary Margaret Atkin	Managing director/head of staff	1 Oct 2007	Other	863962
Robert Lee Bagby	Chairman of the board of managers	1 Oct 2007	Other	9985
Douglas Laird Kelly	Managing director/chief operating officer	1 Oct 2007	Other	2428802
Peter Mallory Miller	Managing director/co-head of financial services group	1 Oct 2007	Other	1237791
John Charles Ii Parker	Managing director/co-head of business services group	1 Oct 2007	Other	4474610
Brian Clinton Underwood	Chief compliance officer	1 Jan 2008	Other	1229168
Douglas Laird Kelly	General counsel/secretary	1 Mar 2008	Other	2428802
Ronald James Kessler	Chief operations officer	1 Mar 2008	Other	268695
Marc Alan Mahat	Crop	1 Mar 2008	Other	1967091
David Erwin Fischerlodike	State designated principal officer	1 Mar 2008	Other	1264244
Edgar Allen Ii Cole	Ia=only chief compliance officer	1 Mar 2008	Other	2362072
Robert Thomas Mooney	Chief compliance officer	1 Mar 2008	Other	2312160
Yvette Butler	Management committee member	1 May 2008	Other	2471482
Gene Michael Diederich	Management committee member	1 May 2008	Other	1283002
Elizabeth Pfeiffer Moore	Management committee member	1 May 2008	Other	5533346
Gregory Phillip Vitt	Management committee member	1 May 2008	Other	1110208
Douglas Robert Steele	Outside management committee member	1 May 2008	Other	5535829
Joseph Grant Porter	Management committee member	1 May 2008	Other	1080675
James Roy Burdette	Chief compliance officer (ia only)	1 Oct 2008	Other	2793232
Kevin Brady Hurley	Chief compliance officer (ia only)	1 Dec 2008	Other	1293748

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc Prudential Securities Group	Stockholder	1 Dec 1981	75% - 100%	22-2347336
Inc Prudential Capital & Investment Services	Stockholder	1 Nov 1982	75% - 100%	22-2422630
Llc Prudential Capital & Investment Services	Stockholder	1 Nov 1982	75% - 100%	22-2422630
Inc. Pruco	Stockholder	1 Dec 1983	75% - 100%	22-1916656
Wachovia Corporation	Stockholder	1 Oct 1999	75% - 100%	54-0898180
Inc Prudential Financial	Stockholder	1 Dec 2001	75% - 100%	22-3703799
Everen Capital Corporation	Sole member	1 Mar 2003	75% - 100%	36-4019175
Prudential Securities Incorporated	Member	1 Jul 2003	25% - 50%	7471
Llc Wachovia Securities Holdings	Member	1 Jul 2003	50% - 75%	72-1560830
Llc Wachovia Securities Holdings	Member	1 Dec 2003	50% - 75%	72-1560830
Inc Prudential Securities Group	Stockholder	1 Apr 2004	25% - 50%	22-2347336
Inc. A.G. Edwards	Share holder	1 Jan 2008	75% - 100%	26-1271560
Wachovia Corporation	Stockholder	1 Jan 2009	75% - 100%	26-3918610
Wells Fargo & Company	Share holder	1 Jan 2009	75% - 100%	41-0449260

Based in St. Louis

The principal office where Wachovia Securities, LLC performs its advisory services is located at One North Jefferson Avenue, St. Louis, MO 63103, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-955-3000 or by fax 314-955-2726. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.wachoviasec.com.