Paul J. Damon

724 CAPITAL

Grand Rapids, MI 49503

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CRD#: 1001136

Professional summary

Paul John Damon, CFP®, ChFC®, CLU®, who also goes by Paul J Damon, is a registered financial advisor currently at 724 CAPITAL, LLC located in Grand Rapids, Michigan.

Paul is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1981. Paul has worked at 9 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 22, Series 6, Series 51 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Paul J Damon

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

1.PAUL DAMON & ASSOCIATES, INC, RIA, FAMILY CAPITAL MANAGEMENT, 168 LOUIS CAMPAU PROMENADE, STE 520, GRAND RAPIDS, MI; WE DO COMPREHENSIVE FINANCIAL PLANNING AND ASSET MANAGEMENT FOR A FEE. THIS ACTIVITY REPRESENTS ABOUT 50% OF MY TIME. I AM THE OWNER AND PRESIDENT OF THE BUSINESS. THIS BUSINESS HAS BEEN IN OPERATION FOR 9 YEARS AND I SPEND ABOUT 30 HOURS PER WEEK DOING THIS. INSURANCE NOT THROUGH AIG FINANCIAL ADVISORS, WE DO SOME INSURANCE THRU INDEPENDENT AGENCIES FOR NON-SECURITIES RELATED INSURANCE SUCH AS TERM LIFE INSURANCE AND LONG TERM CARE INSURANCE. THIS ACTIVITY REPRESENTS A SMALL PART OF MY TIME AND A SMALL AMOUNT OF REVENUE. ESTATE PLANNING WE DO SOME CONSULTING WITH CLIENTS AS PART OF THE FINANCIAL PLANNING PROCESS TO HELP IDENTIFY ESTATE PLANNING ISSUES. WE NEVER DO ANY OF THE LEGAL DOCUMENTS OR PRACTISE LAW. 2. STRATEGIC STEWARDSHIP PARTNERS, FAMILY WEALTH COUNSELING, NOT SECURITIES RELATED, START DATE 2014, 100% OWNER, 40 HOURS PER MONTH, 20 HRS DURING TRADING HOURS, TOTAL COMPENSATION =30K

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Paul John Damon's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

CFP^®

Certified Financial Planner

Start date: 1986

ChFC^®

Chartered Financial Consultant

CLU^®

Chartered Life Underwriter

Experience

Current

September 12, 2024 - Present

724 CAPITAL, LLC

Office #1: 92 Campau Circle Nw, Grand Rapids, MI 49503

RIA

CRD#: 318170

Grand Rapids, MI

Past

June 25, 2010 - January 30, 2025

FAMILY CAPITAL MANAGEMENT

RIA

CRD#: 111230

GRAND RAPIDS, MI

Past

February 18, 2010 - July 18, 2023

AMERICAN PORTFOLIOS FINANCIAL SERVICES, INC.

CRD#: 18487

GRAND RAPIDS, MI

Past

October 30, 2007 - February 6, 2008

OSAIC SERVICES, INC.

RIA

CRD#: 133763

GRAND RAPIDS, MI

Past

October 31, 2005 - February 19, 2010

OSAIC SERVICES, INC.

CRD#: 133763

GRAND RAPIDS, MI

Past

May 29, 2003 - December 31, 2006

FAMILY CAPITAL MANAGEMENT

RIA

CRD#: 111230

GRAND RAPIDS, MI

Past

February 5, 2001 - October 31, 2005

SUNAMERICA SECURITIES, INC.

CRD#: 20068

PHOENIX, AZ

Past

March 11, 1999 - February 6, 2001

CADARET, GRANT & CO., INC.

CRD#: 10641

SYRACUSE, NY

Past

August 12, 1981 - December 24, 1986

AMERICAN EXPRESS FINANCIAL CORPORATION

CRD#: 6320

Past

August 12, 1981 - March 3, 1999

IDS LIFE INSURANCE COMPANY

CRD#: 6321

MINNEAPOLIS, MN

Past

August 12, 1981 - March 3, 1999

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

MINNEAPOLIS, MN

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

724 CAPITAL, LLC

724 CAPITAL, LLC | MINISTRY PARTNERS ADVISORY | KCT FINANCIAL | CIG FINANCIAL SERVICES | 724 STEWARDSHIP CONSULTING

CRD#: 318170 / SEC#: 801-123098

RIA

Registered Investment Advisory firm - (1/21/2022 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Michigan
(9/12/2024)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 7/12/1993

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 8/7/1981

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 4/19/1986

General Securities Representative Examination

General Industry/Product Exam

Series 22

Date: 12/30/1981

Direct Participation Programs Representative Examination

General Industry/Product Exam

Series 6

Date: 8/7/1981

Investment Company Products/Variable Contracts Representative Examination

Principal/Supervisory Exam

Series 51

Date: 3/26/2003

Municipal Fund Securities Principal Examination

Principal/Supervisory Exam

Series 24

Date: 3/23/1989

General Securities Principal Examination

Current Firm

724 CAPITAL, LLC

724 CAPITAL, LLC | MINISTRY PARTNERS ADVISORY | KCT FINANCIAL | CIG FINANCIAL SERVICES | 724 STEWARDSHIP CONSULTING

CRD#: 318170 / SEC#: 801-123098

RIA

Registered Investment Advisory firm - (1/21/2022 Approved)

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Contact information

Main Address

Lansing, MI

Mailing Address

Phone number

(517) 256-4319

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (19 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

WRAP FEE BROCHURE- 724 CAPITAL, LLC (3/7/2025)

ADV PART 2A- 724 CAPITAL, LLC (3/7/2025)

Regulatory assets under management

Total Number of Accounts	1,818
AUM (Assets Under Management)	$ 225,885,389

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

Paul J. Damon

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Paul John Damon's CRS (Customer Relationship Summary).

Certified licenses

Experience

FAMILY CAPITAL MANAGEMENT

AMERICAN PORTFOLIOS FINANCIAL SERVICES, INC.

OSAIC SERVICES, INC.

OSAIC SERVICES, INC.

FAMILY CAPITAL MANAGEMENT

SUNAMERICA SECURITIES, INC.

CADARET, GRANT & CO., INC.

AMERICAN EXPRESS FINANCIAL CORPORATION

IDS LIFE INSURANCE COMPANY

AMERIPRISE FINANCIAL SERVICES, LLC

Primary Firm SEC Registration

724 CAPITAL, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 7/12/1993

Series 63

Date: 8/7/1981

SIE

Date: 10/1/2018

Series 7

Date: 4/19/1986

Series 22

Date: 12/30/1981

Series 6

Date: 8/7/1981

Series 51

Date: 3/26/2003

Series 24

Date: 3/23/1989

Current Firm

724 CAPITAL, LLC

Contact information

SEC notice filing (19 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

724 CAPITAL, LLC

TRUST BUT VERIFY

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