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Munaf Merchant

Velocity Clearing, LLC

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About Munaf Merchant

Munaf Merchant is a financial professional with over 27 years of experience in the industry. Munaf is currently registered with Velocity Clearing, LLC and Velocity Capital, LLC. Munaf has held previous positions at TOR Brokerage LLC, CONCEPT CAPITAL MARKETS, LLC, KDC MERGER ARBITRAGE FUND, LP, ABN AMRO INCORPORATED, ING FINANCIAL MARKETS LLC, ING BARINGS LLC, LEHMAN BROTHERS INC., BEAR, STEARNS & CO. INC., IMPACT SECURITIES CORPORATION, AMERICAN EXPRESS FINANCIAL ADVISORS INC., IDS LIFE INSURANCE COMPANY, and FIRST INVESTORS CORPORATION. Munaf has a strong background in the financial services industry and is committed to providing clients with personalized advice and investment solutions.

Firm Information

Munaf Merchant 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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Munaf Merchant’s Registration & Firm History

NY

11/14/2019 - Present

Velocity Clearing, LLC (Purchase NY)

NJ

03/30/2023 - 11/03/2023

TOR BROKERAGE LLC (NORTH BERGEN NJ)

NY

11/20/2012 - 05/27/2014

CONCEPT CAPITAL MARKETS, LLC (NEW YORK NY)

NY

09/08/2009 - 12/06/2010

KDC MERGER ARBITRAGE FUND, LP (NEW YORK NY)

CT

05/24/2004 - 12/09/2008

ABN AMRO INCORPORATED (GREENWICH CT)

NY

04/28/2001 - 05/25/2004

ING FINANCIAL MARKETS LLC (NEW YORK NY)

NY

09/22/1998 - 04/30/2001

ING BARINGS LLC (NEW YORK NY)

NY

12/21/1996 - 10/02/1998

LEHMAN BROTHERS INC. (NEW YORK NY)

NY

03/26/1992 - 11/07/1996

BEAR, STEARNS & CO. INC. (NEW YORK NY)

NA

04/11/1991 - 10/29/1991

IMPACT SECURITIES CORPORATION

MN

09/06/1989 - 08/16/1990

AMERICAN EXPRESS FINANCIAL ADVISORS INC. (MINNEAPOLIS MN)

MN

09/06/1989 - 08/16/1990

IDS LIFE INSURANCE COMPANY (MINNEAPOLIS MN)

NA

05/24/1989 - 08/19/1989

FIRST INVESTORS CORPORATION

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Licenses & Designations

BC

Issued 10/04/1991

Series 63 - Uniform Securities Agent State Law Examination

BC

Issued 09/11/2003

Series 24 - General Securities Principal Examination

BC

Issued 08/27/1991

Series 4 - Registered Options Principal Examination

BC

Issued 01/02/2023

Series 6TO - Investment Company Products/Variable Contracts Representative Examination

BC

Issued 10/01/2018

SIE - Securities Industry Essentials Examination

BC

Issued 12/03/2008

Series 55 - Limited Representative-Equity Trader Exam

BC

Issued 11/18/1989

Series 7 - General Securities Representative Examination

BC

Issued 05/23/1989

Series 6 - Investment Company Products/Variable Contracts 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

N

NYSE Arca, Inc.

N

Nasdaq PHLX LLC

N

Nasdaq Stock Market

Disclosures

There are no public disclosures for Munaf Merchant.
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