Ethan De Naray has been an investment adviser representative at Feltl Advisors since July 2017, and is not listed among the firm’s executive officers or direct owners.
Feltl Advisors, LLC is a Plymouth, MN firm with $166M under management, 397 clients and 15 advisers across 3 offices, as of its March 2026 filing.
Ethan De Naray’s longest registration is the current one, 9 years at Feltl Advisors since 2017. Before joining Feltl Advisors in 2017, Ethan De Naray was registered through Merrill Lynch, Pierce, Fenner & Smith Incorporated.
- Merrill Lynch, Pierce, Fenner & Smith Incorporated– · 5 yearsMinneapolis, MN · Adviser representative · Firm CRD 7691
Investment adviser representative registrations
Ethan De Naray is registered as an investment adviser representative in 10 states, as a resident of Texas. The first approvals date from July 2017; the most recent is Maine, in May 2026.
- CaliforniaSince 4 January 2023
- ColoradoSince 6 April 2023
- FloridaSince 14 April 2021
- IllinoisSince 26 February 2021
- MaineSince 8 May 2026
- MinnesotaSince 27 July 2017
- NebraskaSince 31 March 2025
- TexasResidentSince 5 January 2023
- UtahSince 23 January 2026
- WisconsinSince 5 January 2023
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 3 | National Commodity Futures Examination | 1 June 2012 |
| Series 31 | Futures Managed Funds Examination | 13 October 2005 |
| Series 65 | Uniform Investment Adviser Law Examination | 9 October 2002 |
| Series 63 | Uniform Securities Agent State Law Examination | 8 October 2002 |
| Series 7 | General Securities Representative Examination | 19 September 2002 |
- Name
- Securities Industry Essentials Examination
- Name
- National Commodity Futures Examination
- Name
- Futures Managed Funds Examination
- Name
- Uniform Investment Adviser Law Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Representative Examination
- CRD
- 4571532
- Firm
- Feltl Advisors · CRD 165244
- Office
- Babbitt, MN
- Registration
- Investment adviser and broker registrations
- In the industry since
- November 2002
- Disciplinary history
- Not yet shown here · SEC record · BrokerCheck
Where does Ethan De Naray work?
Ethan De Naray is an investment adviser representative registered through Feltl Advisors, LLC since July 2017, and is not listed among the firm’s executive officers or direct owners.
Is Ethan De Naray a financial advisor?
Yes. Ethan De Naray has a current investment-adviser registration in California, Colorado, Florida, Illinois, Maine, Minnesota, Nebraska, Texas, Utah and Wisconsin, through Feltl Advisors since July 2017.
How many years of experience does Ethan De Naray have?
Ethan De Naray has 23 years in the financial industry, since November 2002, across 2 adviser firms.
What exams has Ethan De Naray passed?
Ethan De Naray has passed 5 licensing exams: the Series 7, Series 63, Series 65, Series 31 and Series 3. The earliest, the Series 7, was passed in September 2002. FINRA credited Ethan De Naray with the SIE, which began in October 2018.
Where did Ethan De Naray work before Feltl Advisors?
Before Feltl Advisors, Ethan De Naray was registered through Merrill Lynch, Pierce, Fenner & Smith Incorporated, March 2012 to June 2017.
Where is Ethan De Naray based?
Ethan De Naray’s registered office is in Babbitt, MN.
Is Ethan De Naray registered with FINRA?
Yes. Ethan De Naray has a current broker registration, under CRD 4571532.
Source: FINRA BrokerCheck
How can I verify Ethan De Naray’s record?
Search CRD 4571532 on the SEC’s adviser search (adviserinfo.sec.gov) and FINRA’s broker search (brokercheck.finra.org), which publish Ethan De Naray’s full registration record.
