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Francis Patrick Caraco

Investment Adviser Representative at BANKERS LIFE ADVISORY SERVICES, INC.

Clifton Park, NYCRD #1221773Investment Adviser Rep
Disclosure(s) on record — see official records below
Sourced from SEC IAPD & FINRA BrokerCheck
Years of Experience
42 yrs
States Registered
15 states
Exams Passed
4

Registrations & licenses

Registration type
Investment Adviser Rep
Registered in 15 states
FloridaIndianaMarylandMassachusettsNew HampshireNew JerseyNew YorkNorth CarolinaOhioPennsylvaniaSouth CarolinaUtahVermontVirginiaWest Virginia
Examinations passed
Series 63
Uniform Securities Agent State Law Examination
Passed 5/5/1984
SIE
Securities Industry Essentials Examination
Passed 10/1/2018
Series 22
Direct Participation Programs Representative Examination
Passed 2/2/1985
Series 6
Investment Company Products/Variable Contracts Representative Examination
Passed 2/4/1984

Approximate fees

Estimated from the firm's Form ADV — individual terms may differ. Not a quote.

Primary fee model
Assets Under Management (AUM)
Asset tierAnnual rate
Greater than $4 million0.30%
$2 million to $4 million0.40%
$1 million to $2 million0.50%
$1 million and below1.25%
Source

BANKERS LIFE ADVISORY Services, INC. Form ADV Part 2A (Item 5), most recent annual amendment.

Employment history

Registration history as reported to FINRA, most recent first.

BANKERS LIFE SECURITIES, INC.Current
5/26/2016 – CLIFTON PARK, NY
COMMONWEALTH EQUITY SERVICES, INC.
7/10/1991 – 12/31/1991WALTHAM, MA
JOHN HANCOCK DISTRIBUTORS, INC.
2/10/1984 – 2/13/1990BOSTON, MA
JOHN HANCOCK DISTRIBUTORS, INC.
10/29/1990 – 7/11/1991BOSTON, MA
JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY
10/29/1990 – 7/11/1991BOSTON, MA
AETNA LIFE INSURANCE AND ANNUITY COMPANY
10/19/1992 – 10/15/1993HARTFORD, CT
AETNA INVESTMENT SERVICES, INC.
10/15/1993 – 1/19/1996WINDSOR, CT
PROEQUITIES, INC.
10/12/2010 – 5/26/2016CLIFTON PARK, NY
TRAVELERS EQUITIES SALES, INC.
1/31/1990 – 10/16/1990EL SEGUNDO, CA
AMERITAS INVESTMENT CORP.
1/3/2008 – 11/5/2010JOHNSTOWN, NY
GWN SECURITIES INC.
1/3/2005 – 12/31/2007JOHNSTOWN, NY
G. R. PHELPS & CO., INC.
1/2/1992 – 1/24/1996
PMG SECURITIES CORPORATION
1/19/1996 – 12/31/2004ELGIN, IL

Official records & sources

FINRA BrokerCheck record
Official broker registration & regulatory record
SEC IAPD record
SEC investment adviser registration record

Data as of May 30, 2026 · Source: SEC IAPD & FINRA BrokerCheck

About this profile

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. Francis Patrick Caraco has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on BrokerCheck or SEC.gov before making any decision. AdvisorFinder may be compensated for referrals generated through this page.