Santander Securities

• A percentage of assets under your management

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated April 17, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$3,140,983,898 as of October 2026, filing dated September 17, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Selection of other advisers (including private fund managers)
• Other

Legal name

Santander Securities LLC

Also doing business as

SANTANDER INVESTMENT SERVICES, SANTANDER PRIVATE BANK, SANTANDER PRIVATE BANKING

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

1999 (27 years)

Employees

Total: 449. Performing investment advisory functions: 108.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

Other offices (Schedule D, Section 1.F)

23 other offices, as of the October 2026 filing

Abington, MABoston, MAElizabeth, NJFreehold, NJGreat Neck, NYHazlet, NJJackson, NJLakewood, NJManalapan, NJManchester, NJManhasset, NYMarlboro, NJMiami, FLMiddletown, NJMonroe Township, NJNeptune, NJOcean, NJStaten Island, NYUnion, NJWall, NJWatertown, MAWollaston, MAWoodbridge, NJ

States registered or notice-filed

53 states or jurisdictions

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SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

11 Reports 11 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Criminal matters Items 11.A and 11.B

• 11.A(2) In the past ten years, has the firm or an advisory affiliate been charged with a felony?

Regulatory matters Items 11.C to 11.G

• 11.C(1) Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
• 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
• 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
• 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
• 11.D(1) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
• 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
• 11.D(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
• 11.E(2) Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
• 11.G Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?

Civil court matters Item 11.H

• 11.H(2) Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $1,709,547,962 in the October 2021 data and $3,140,983,898 in the October 2026 data, up 84%.

Total employees: 767 in October 2021 and 449 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. August 2026
   • Updated its list of owners and control persons (Schedule A).
2. June 2026
   • Updated its list of owners and control persons (Schedule A).
3. April 2026
   • Added the business name Santander Private Banking.
   • Added the business name Santander Private Bank.
   • Employees performing advisory functions went from 103 to 108.
   • Regulatory assets under management went from $2,553,311,017 to $3,140,983,898 (+23%).
   • Added an office in Jackson, NJ.
   • Added an office in Manalapan, NJ.
   • Added an office in Manhasset, NY.
   • Added an office in Monroe Township, NJ.
   • Added an office in Watertown, MA.
   • No longer lists an office in East Providence, RI.
   • No longer lists an office in Florham Park, NJ.
   • No longer lists an office in Jersey City, NJ.
   • No longer lists an office in Seekonk, MA.
   • No longer lists an office in Toms River, NJ.
   • Updated its list of owners and control persons (Schedule A).
4. March 2026
   • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.