Sanjay Tolia

Current Employers

Employment History

• 09/2012 → 12/2018
  Bengal Capital Trading, Llc
  Chicago, IL
• 07/2024 → 05/2025
  Navian Capital Securities, Llc
  Cincinnati, OH
• 01/2019 → 12/2024
  Marine Layer Capital Llc
  Manhattan Beach, CA
• 03/2024 → Present
  Marine Layer Advisors Llc
  Manhattan Beach, CA
• 07/2024 → 03/2025
  Marine Layer Wealth
  Manhattan Beach, CA
• 04/2021 → 12/2024
  Bengal Impact Partners Llc
  Scottsdale, AZ
• 05/2025 → Present
  Institutional Securities Corp
  Dallas, TX
• 03/2025 → Present
  Kubence
  Manhattan Beach, CA

Previous Registrations

• 2025-06-09 → 2026-02-02
  Isc Advisors, Inc.
  Manhattan Beach, CA
  Dallas, TX
• 2024-12-02 → 2025-03-26
  Marine Layer Wealth
  Manhattan Beach, CA

Other Businesses

1) Bengal Impact Partners; Investment Related: Yes; Address: 6608 E 2nd Street, Scottsdale, AZ; Nature of Business: Exempt reporting adviser. Small fund that invests in microcap equities. Firm also provides consulting for certain businesses within the portfolio; Position: Partner; Start: 1/01/2021; Number hrs./week: 2 Number of hrs./week during securities hrs: 0; Duties: I am partner in the fund but don't have any day to day decision making roles and do not select investments. 2) Pharm, LLC; Investment Related: No; Address: 645 E Missouri Ave. Ste. 210, Phoenix, AZ 85012; Nature of Business: CPG and retail business in the licensed plant based wellness industry; Position: Board Member; Start 11/01/2022; No. of Hrs./Month 3 (all during trading hours); Duties limited to board member only. 3) Marine Layer Advisors: Investment Related: Yes; Address: Manhattan Beach, CA. Nature of Business: Not an operating company. DBA for marketing broker-dealer activities through current broker-dealer employer. No. of Hrs/Month: 1: No. of Hrs. During Trading Hrs.: 0. Duties: Administer the company and complete annual filings. Position: Managing Member. Start: 03/2024. 4) Marine Layer Capital: Investment Related: Yes; Address: 2100 Blanche Road, Manhattan Beach, CA, 90266; Nature of Business: exempt reporting adviser; Position: Founder & Managing Partner; Start: 1/01/2019; No. of Hrs./Month: 2; No. of Hrs. During Trading Hrs.: 0; Duties: Manage the existing investments until all run off and expire. 5) Agrify Inc.; Investment Related: No; Address: 2468 Industrial Row Drive; Nature of Business: Agrify sells branded drink products in the CPG space; Position: Board Member; Start Date: 2/1/2025; No. of Hrs./Month: 4; No. of Hrs. During Trading Hrs.: 4; Duties: perform oversight of company management typical of a board member.

Exams

• S65 Uniform Investment Adviser Law Examination
  2024-11-21
• S63 Uniform Securities Agent State Law Examination
  2024-06-28