Mohit Desai has been Owner/Chief Compliance Officer of MD Wealth Advisors since May 2019, is a control person of the firm and directly owns 75% or more of it.
MD Wealth Advisors Inc is a Cranford, NJ firm with $105M under management, 184 clients and 1 adviser across 2 offices, as of its April 2026 filing.
Mohit Desai’s longest registration is the current one, 7 years at MD Wealth Advisors since 2019. Before joining MD Wealth Advisors in 2019, Mohit Desai was registered through Fidelity Personal and Workplace Advisors and Strategic Advisers LLC.
- MD Wealth Advisors IncCurrent– present · 7 yearsCranford, NJ · Adviser representative · Firm CRD 304595
- Fidelity Personal and Workplace Advisors– · under a yearBoston, MA · Adviser representative · Firm CRD 288590
- Strategic Advisers LLC– · 6 yearsParamus, NJ · Adviser representative · Firm CRD 104555
- Morgan Stanley Smith Barney LLC– · 1 yearBoston, MA · Adviser representative · Firm CRD 149777
Investment adviser representative registrations
Mohit Desai is registered as an investment adviser representative in 3 states, as a resident of Texas. The first approvals date from July 2019; the most recent is New York, in November 2023.
- New JerseySince 25 July 2019
- New YorkSince 6 November 2023
- TexasResidentSince 18 October 2023
Examinations
| Exam | Name | Passed |
|---|---|---|
| Series 63 | Uniform Securities Agent State Law Examination | 9 September 2024 |
| Series 7TO | General Securities Representative Examination | 20 May 2024 |
| SIE | Securities Industry Essentials Examination | Credited |
| Series 66 | Uniform Combined State Law Examination | 5 March 2010 |
| Series 7 | General Securities Representative Examination | 5 February 2010 |
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Representative Examination
- Name
- Securities Industry Essentials Examination
- Name
- Uniform Combined State Law Examination
- Name
- General Securities Representative Examination
- CRD
- 5744579
- Firm
- MD Wealth Advisors · CRD 304595
- Role
- Owner/Chief Compliance Officer
- Office
- 20 COMMERCE DRIVE, SUITE 135, Cranford, NJ 07016
- Registration
- Investment adviser and broker registrations
- In the industry since
- December 2010
- Disciplinary history
- Not yet shown here · SEC record · BrokerCheck
Where does Mohit Desai work?
Mohit Desai has been Owner/Chief Compliance Officer of MD Wealth Advisors Inc since May 2019, and is a control person of the firm.
Is Mohit Desai a financial advisor?
Yes. Mohit Desai has a current investment-adviser registration in New Jersey, New York and Texas, through MD Wealth Advisors since July 2019.
How many years of experience does Mohit Desai have?
Mohit Desai has 15 years in the financial industry, since December 2010, across 4 adviser firms.
What exams has Mohit Desai passed?
Mohit Desai has passed 4 licensing exams: the Series 7, Series 66, Series 7TO and Series 63. The earliest, the Series 7, was passed in February 2010. FINRA credited Mohit Desai with the SIE, which began in October 2018.
Where did Mohit Desai work before MD Wealth Advisors?
Before MD Wealth Advisors, Mohit Desai was registered through Fidelity Personal and Workplace Advisors, July 2018 to March 2019; Strategic Advisers LLC, March 2012 to July 2018; Morgan Stanley Smith Barney LLC, March 2010 to September 2011.
Where is Mohit Desai based?
Mohit Desai’s registered office is in Cranford, NJ.
Is Mohit Desai registered with FINRA?
Yes. Mohit Desai has a current broker registration, under CRD 5744579.
Source: FINRA BrokerCheck
How can I verify Mohit Desai’s record?
Search CRD 5744579 on the SEC’s adviser search (adviserinfo.sec.gov) and FINRA’s broker search (brokercheck.finra.org), which publish Mohit Desai’s full registration record.