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Michael Mascitelli

Velocity Clearing, LLC

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About Michael Mascitelli

Michael Mascitelli is a financial advisor with Velocity Clearing, LLC in Palm Beach Gardens, FL. Michael has been in the financial services industry since 2007. Michael has a Series 7, Series 55, Series 63, Series 4 and Series 99TO and Series 57TO licenses. Michael holds registrations in Florida, New Jersey and New York. Michael was previously registered with DRIVEWEALTH INSTITUTIONAL LLC.

Firm Information

Michael Mascitelli is currently registered with Velocity Clearing, LLC. Velocity Clearing, LLC is a Limited Liability Company formed in June 2010 and is approved to operate in all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands. The firm is registered with the SEC and has been involved in 4 regulatory events.

Not reported

Assets Under Management

Not reported

Total Clients

87

Total Financial Advisors

Services Offered

Advisors offer a broad range of advisory services designed to meet the unique needs of individuals, businesses, and investment companies. These services provide professional guidance and personalized strategies to help clients achieve their financial goals.

Fee Structure

Advisors may be compensated through a variety of fee structures, offering flexibility and transparency. This allows clients to choose the arrangement that best aligns with their financial objectives.

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Michael Mascitelli’s Registration & Firm History

FL

04/05/2023 - Present

Velocity Clearing, LLC (Palm Beach Gardens FL)

FL

12/04/2007 - 04/05/2023

DRIVEWEALTH INSTITUTIONAL LLC (PALM BEACH GARDENS FL)

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Licenses & Designations

BC

Issued 09/16/2019

Series 63 - Uniform Securities Agent State Law Examination

BC

Issued 02/02/2015

Series 4 - Registered Options Principal Examination

BC

Issued 01/02/2023

Series 99TO - Operations Professional Examination

BC

Issued 01/02/2023

Series 57TO - Securities Trader Exam

BC

Issued 10/01/2018

SIE - Securities Industry Essentials Examination

BC

Issued 12/27/2007

Series 55 - Limited Representative-Equity Trader Exam

BC

Issued 12/03/2007

Series 7 - General Securities Representative Examination

State Registrations

Active

Inactive

SRO Registrations

C

Cboe BYX Exchange, Inc.

C

Cboe BZX Exchange, Inc.

C

Cboe EDGA Exchange, Inc.

C

Cboe EDGX Exchange, Inc.

C

Cboe Exchange, Inc.

F

FINRA

I

Investors' Exchange LLC

M

MEMX LLC

N

NYSE Arca, Inc.

N

Nasdaq BX, Inc.

N

Nasdaq PHLX LLC

N

Nasdaq Stock Market

N

New York Stock Exchange

Disclosures

There are no public disclosures for Michael Mascitelli.
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