Dominic Julio Baldini

Founder of Emerson Equity (California LLC 10 Oct 2003). Form BD and the 8 Apr 2026 Form ADV Schedule A list him as managing member, president, CCO, general securities / options / municipal principal, and FINOP, ownership code E (75% or more). He is the only disclosed 5%+ owner. IA registration 5 Mar 2004; BD 12 Apr 2004. Brian Nelson is a registered VP/rep, not on Schedule A.

Ownership

The “other 25%” is not a named person. Form BD / ADV ownership is reported in buckets. Anyone at 5% or more has to be listed. The only other names on the current filings are officers Kathleen Frances Morrissey (COO, CRD 1771747, from Aug 2016) and Sean Kristian Snyder (CSO, CRD 1860842, from Apr 2017), both less than 5% / NA, neither a control person. Indirect owners: none reported. Baldini could own 76% or 100%; the filings do not say.

Born 1965. USF BA business/finance 1988; Golden Gate JD 1991. California Bar #163475, inactive; bar address Hillsborough. Firm site: founder, CEO and CCO. Series 4, 7, 14, 24, 27, 52, 53, 55, 57, 63, 65, 79, 99, SIE. Prior BDs: Golden Triangle Securities (1999–2001), Pacific Coast Securities (2001–2004), SharesPost Financial (2011–2016).

SharesPost

Registered at SharesPost Financial (CRD 134596) 16 Jun 2011–4 Jan 2016 while remaining Emerson managing member. He signed SharesPost’s Form X-17A-5 oaths (SEC file 8-66846). The 31 Dec 2014 statement of financial condition: SharesPost Financial was formerly Perlinski & Associates, bought 14 Jun 2011 for $55,000. In 2011 the parent had a Broker-Dealer Independent Affiliate agreement with Emerson; Emerson reps did private-placement work as Emerson independent contractors. Termination 22 Dec 2011, effective 1 Jan 2012. $3,118,671 of commissions payable moved onto SharesPost Financial. Those reps became SharesPost employees 1 Jan 2012. Related-party note: in 2014 SharesPost facilitated private-company trades in which the purchaser was represented by a broker-dealer affiliated with SharesPost’s CCO/FinOp. Baldini held those titles at SharesPost while remaining Emerson managing member / CCO / FINOP. The 17a-5 does not name the buyer’s BD. Sullivan and Strife came out of that shop; details on Oceanic.

Oceanic

Third-party ADV scrapers (Radient, Equilar) still show Oceanic Partners / Tim Sullivan / Jaclyn Strife as a 10–25% slice. That is not on the 8 Apr 2026 Schedule A or the current firm BrokerCheck PDF. Treat Oceanic as a related shop, not as a disclosed 5%+ owner of the BD. Timothy Evan Sullivan (CRD 4505978) and Jaclyn Strife Sullivan (CRD 5334639) are current Emerson reps at Oceanic’s Sausalito branch; Emerson’s brochure still calls Sullivan “President.” Baldini’s U4 other-business: Oceanic Partners, Inc., adviser on general corporate matters, ~2 hours/month since Apr 2017, marked not investment-related. Oceanic’s site lists him as an advisor. Dual-hat and the 2011 Emerson independent-affiliate contract are under SharesPost. Oceanic’s “Select Services” copy includes “real estate single-asset syndications.” Sullivan and Strife are not named on the DST arbitrations.

Disclosures

BrokerCheck as of 24 Aug 2026: four disclosures.

• Two pending control-person customer disputes, both at Emerson, both denied. FINRA 25-02505 (served 18 Nov 2025, private placement dated 21 Mar 2022, alleged damages $1,083,919). FINRA 26-00150 (served 27 Jan 2026, DST/private placement dated 3 Nov 2021). The U4 lists $643,509.94 as the alleged investment amount; compensatory damages are to be set by the panel. The Statements of Claim are not public. The theory is control-person liability for the firm’s sales, not that he was the producing rep on the ticket.
• FINRA AWC 2020066078202 (22 Dec 2021): Baldini and the firm failed to supervise short-term Class A/B mutual-fund trading 2015–2020. $1.64 million in loads/CDSC across 22 customers / 31 accounts / 667 trades. Baldini $5,000 fine and 20-business-day principal suspension 18 Jan–14 Feb 2022; firm censure, $60,000, restitution. The firm paid $1,613,168.28 restitution before the AWC. Baldini’s U4: producing rep terminated; extraordinary-cooperation credit. Principal registrations re-approved 17 Feb 2022.
• NASD AWC C01010002 (resolved 22 Mar 2001) at Golden Triangle: net capital + principal trading against the membership agreement. Joint-and-several $3,500.

U4 other business, not the DST story: DJB Coastal LLC (estate planning, May 2022); Stick, Inc. and GFB Clothing (clothing, 2023–24). DJB Solar LLC (solar asset management, Dec 2025) is U4-coded investment-related, not securities-related.