Investment Adviser Public Disclosure SECNASAASECNASAASECNASAA
  • Individual
  • Firm
at
in
in
When communicating online or investing with any professional, make sure you know who you’re dealing with. Imposters might link to sites like BrokerCheck from phishing or similar scam websites, or through social media , trying to steal your personal information or your money. Please contact FINRA with any concerns.
< Back to Results
Detailed Report
MICHAEL DAVID BROWN
CRD#: 1004752
IA
Investment Adviser
B
Broker
THE AMERIFLEX GROUPCRD#: 305585 41856 Ivy St
Suite 113
Murrieta, CA 92562
OSAIC WEALTH, INC.CRD#: 23131 41856 IVY ST
SUITE 113
MURRIETA, CA 92562
Registration History
1985199019952000200520102015202020252 FIRMS2023 - Present (1 year)BPRINCIPAL SECURITIES, INC. (CRD# 1137)2005 - 2023 (18 years)BMML INVESTORS SERVICES, INC. (CRD# 10409)2002 - 2005 (3 years)BPRINCOR FINANCIAL SERVICES COR... (CRD# 1137)1988 - 2002 (14 years)BE. F. HUTTON & COMPANY INC (CRD# 235)1987 - 1988 (<1 year)BPRINCOR FINANCIAL SERVICES COR... (CRD# 1137)1983 - 1987 (3 years)BSHEARSON LOEB RHOADES INC. (CRD# 7506)1981 - 1981 (<1 year)IAPRINCIPAL SECURITIES, INC. (CRD# 1137)2006 - 2023 (17 years)IAMML INVESTORS SERVICES, INC. (CRD# 10409)2003 - 2005 (2 years)
License(s)

State Registrations

B
Arizona 11/1/2023
B
Minnesota 11/13/2023
B
Arkansas 11/1/2023
B
Missouri 11/1/2023
B
California 11/1/2023
B
Nebraska 11/1/2023
IA
California 11/1/2023
B
Nevada 11/1/2023
B
Colorado 11/1/2023
B
New Jersey 11/1/2023
B
Delaware 7/25/2024
B
New York 11/1/2023
B
District of Columbia 11/1/2023
B
North Carolina 11/6/2023
B
Florida 11/1/2023
B
Ohio 11/1/2023
B
Hawaii 11/2/2023
B
Oregon 11/1/2023
B
Idaho 11/1/2023
B
South Carolina 6/20/2024
B
Illinois 11/1/2023
B
Texas 11/1/2023
B
Indiana 11/1/2023
IA
Texas 11/1/2023
B
Kansas 11/1/2023
B
Utah 11/1/2023
B
Kentucky 11/1/2023
B
Virginia 11/1/2023
B
Louisiana 11/1/2023
B
Washington 11/1/2023
B
Maryland 11/1/2023
B
Wyoming 11/1/2023
B
Michigan 11/1/2023

SRO Registrations

B
 FINRA

View Exams Passed by the individual in the detailed report

Learn about permitted activities of registered representatives

Learn about permitted activities of registered principals

Not all jurisdictions require IAR registration or may have an exemption from registration.
Current Registration(s)
IA
THE AMERIFLEX GROUP (CRD#:305585)
41856 Ivy St Suite 113, Murrieta, CA 92562
Registered with this firm since 11/1/2023
B
OSAIC WEALTH, INC. (CRD#:23131)
41856 IVY ST SUITE 113, MURRIETA, CA 92562
Registered with this firm since 11/1/2023
Previous Registration(s)
th hidden textth hidden textNameLocation
IA
 05/17/2006 - 11/09/2023 PRINCIPAL SECURITIES, INC. (CRD#:1137) MURRIETA, CA
B
 11/01/2005 - 11/09/2023 PRINCIPAL SECURITIES, INC. (CRD#:1137) MURRIETA, CA
IA
 07/08/2003 - 11/09/2005 MML INVESTORS SERVICES, INC. (CRD#:10409) TEMECULA, CA
B
 08/13/2002 - 11/09/2005 MML INVESTORS SERVICES, INC. (CRD#:10409) SPRINGFIELD, MA
B
 02/26/1988 - 08/29/2002 PRINCOR FINANCIAL SERVICES CORPORATION (CRD#:1137) DES MOINES, IA
B
 02/09/1987 - 01/30/1988 E. F. HUTTON & COMPANY INC (CRD#:235)
B
 06/29/1983 - 02/18/1987 PRINCOR FINANCIAL SERVICES CORPORATION (CRD#:1137)
B
 09/12/1981 - 10/20/1981 SHEARSON LOEB RHOADES INC. (CRD#:7506)
For additional information about investment advisers or broker-dealers, please visit
www.investor.gov
B
Broker
A brokerage firm, also called a broker-dealer, is in the business of buying and selling securities – stocks, bonds, mutual funds, and certain other investment products – on behalf of its customer (as broker), for its own bank (dealer), or both. Individuals who work for broker-dealers - the sales personnel are commonly referred to as brokers.
IA
Investment Adviser
An investment adviser is paid for providing advice about securities to clients. In addition, some investment advisers manage investment portfolios and offer financial planning services.
Disclosures
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.