DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Rajesh M. Bhanshali

J.P. Morgan Securities LLCwirehouseColumbus, Oh dual registrantIAPD 2714067

Feed of 09/15/2026

Also filed as Raj Bhanshali

At current firm

1 y

since May 12, 2025

In the industry

29 y

since May 16, 1997 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S63, S65

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Registration history

IAPD current and previous registrations

J.P. Morgan Securities LLC wirehouse current
since May 12, 2025 · Columbus, Oh
Cuso Financial Services, L.P. former
Nov 3, 2023 to Mar 21, 2025 · Cambridge, Ma
Merrill Lynch, Pierce, Fenner & Smith Incorporated wirehouse
May 23, 2022 to Oct 9, 2023 · Wellesley Hills, Ma
Equitable Advisors, LLC national BD
Dec 7, 2020 to Jan 12, 2022 · Wellesley, Ma
Citizens Securities, Inc. BD affiliated
May 2, 2019 to Dec 1, 2020 · Burlington, Ma
Stifel, Nicolaus & Company, Incorporated national BD
Sep 19, 2008 to May 15, 2017 · Boston, Ma

Moves

a registration end followed by a registration begin elsewhere

Cuso Financial Services, L.P. to J.P. Morgan Securities LLC
left Mar 21, 2025, registered May 12, 2025 (52 days) · Affiliated broker-dealer or bank to wirehouse
Merrill Lynch, Pierce, Fenner & Smith Incorporated to Cuso Financial Services, L.P.
left Oct 9, 2023, registered Nov 3, 2023 (25 days) · Wirehouse to affiliated broker-dealer or bank
Equitable Advisors, LLC to Merrill Lynch, Pierce, Fenner & Smith Incorporated
left Jan 12, 2022, registered May 23, 2022 (131 days) · Affiliated broker-dealer or bank to wirehouse
Citizens Securities, Inc. to Equitable Advisors, LLC
left Dec 1, 2020, registered Dec 7, 2020 (6 days) · Affiliated broker-dealer or bank to another
Stifel, Nicolaus & Company, Incorporated to Citizens Securities, Inc.
left May 15, 2017, registered May 2, 2019 (717 days) · Affiliated broker-dealer or bank to another

Signals

Rajesh M. Bhanshali left Cuso Financial Services, L.P. for J.P. Morgan Securities Llc (registered 2025-05-12)
Mar 21, 2025 · Advisor changed firm · fact
Rajesh M. Bhanshali left Merrill Lynch, Pierce, Fenner & Smith Incorporated for Cuso Financial Services, L.P. (registered 2023-11-03)
Oct 9, 2023 · Advisor changed firm · fact
Rajesh M. Bhanshali left Equitable Advisors, Llc for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2022-05-23)
Jan 12, 2022 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Wirehousederived
Years in industry: 29derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address