Joseph M. Scarborough

RETIREMENT MANAGEMENT SYSTEMS

LEONARDTOWN, MD 20650

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CRD#: 1011773

Professional summary

Joseph Michael Scarborough, who also goes by Mike Scarborough, Michael Scarborough, is a registered financial advisor currently at RETIREMENT MANAGEMENT SYSTEMS located in Leonardtown, Maryland.

Joseph is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1981. Joseph has worked at 11 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Mike Scarborough | Michael Scarborough

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) Running Hare Vineyard Not investment related Address: 150 Adelina Road, Prince Frederick, MD 20678 Nature of Business: Operational Vineyard and Events Title: 100% Owner Start date of relationship: 2008 Hours: 0-10 hours per month Hours during securities trading hours: 0 hours per month Duties: Nothing business related; owner of the business and uses property to host friends, family, colleagues and clients (2) The Hungry Hare Not investment related Address: 150 Adelina Road, Prince Frederick, MD 20678 Nature of Business: Stationary Food Trailer located on Running Hare Vineyard to serve food to RHV customers Title: 100% Owner Start date of relationship: 2018 Hours: 0 Duties: None

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Joseph Michael Scarborough'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®

None

Experience

Current

January 14, 2014 - Present

RETIREMENT MANAGEMENT SYSTEMS

Office #1: 41615 Park Avenue Suite 115, Leonardtown, MD 20650

RIA

CRD#: 150351

LEONARDTOWN, MD

Past

January 19, 2018 - April 3, 2019

BROOKSTONE CAPITAL MANAGEMENT LLC

RIA

CRD#: 141413

Prince Frederick, MD

Past

December 24, 2008 - December 31, 2017

SII INVESTMENTS, INC.

CRD#: 2225

ANNAPOLIS, MD

Past

January 20, 1996 - December 22, 2008

OSAIC WEALTH, INC.

CRD#: 23131

ANNAPOLIS, MD

Past

February 23, 1993 - December 31, 1995

RETIREMENT INVESTMENT GROUP

CRD#: 7421

HOUSTON, TX

Past

January 1, 1992 - December 17, 2013

SCARBOROUGH CAPITAL MANAGEMENT, INC.

RIA

CRD#: 107402

ANNAPOLIS, MD

Past

June 5, 1986 - February 18, 1993

INVESTORS SECURITY COMPANY, INC.

CRD#: 2331

SUFFOLK, VA

Past

February 15, 1985 - May 7, 1986

GROVE POINT INVESTMENTS, LLC

CRD#: 1763

Past

November 30, 1984 - March 26, 1985

FIFTH THIRD/MAXUS SECURITIES INC

CRD#: 6790

Past

March 30, 1984 - July 13, 1984

LEGG MASON WOOD WALKER, INCORPORATED

CRD#: 6555

Past

October 20, 1981 - February 3, 1984

MORGAN STANLEY DW INC.

CRD#: 7556

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".

RETIREMENT MANAGEMENT SYSTEMS

DARR WEALTH ADVISORS | RETIREMENT MANAGEMENT SYSTEMS, LLC | RETIREMENT MANAGEMENT SYSTEMS, INC. | RETIREMENT MANAGEMENT SYSTEMS | OAK WEALTH PARTNERS, INC.

CRD#: 150351 / SEC#: 801-70978

RIA

Registered Investment Advisory firm - (1/19/2010 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

Maryland
(1/14/2014)

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: 4/13/1994

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 10/16/1981

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 12/31/2017

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 9/19/1981

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 10/24/1995

General Securities Principal Examination

Current Firm

RETIREMENT MANAGEMENT SYSTEMS

DARR WEALTH ADVISORS | RETIREMENT MANAGEMENT SYSTEMS, LLC | RETIREMENT MANAGEMENT SYSTEMS, INC. | RETIREMENT MANAGEMENT SYSTEMS | OAK WEALTH PARTNERS, INC.

CRD#: 150351 / SEC#: 801-70978

RIA

Registered Investment Advisory firm - (1/19/2010 Approved)

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Contact information

Main Address

41615 Park Avenue Suite 115, Leonardtown, MD 20650

Mailing Address

721 Main Street Suite 100, Stevensville, MD 21666

Phone number

(301) 327-5312

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (41 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

RETIREMENT MANAGEMENT SYSTEMS ADV PART 2 (3/10/2025)

Regulatory assets under management

Total Number of Accounts	4,142
AUM (Assets Under Management)	$ 1,663,422,905

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
12/23/2024	Cover Page	Report
01/25/2024	Cover Page	Report
10/20/2022	Cover Page	Report

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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Joseph M. Scarborough

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Joseph Michael Scarborough's CRS (Customer Relationship Summary).

Certified licenses

Experience

BROOKSTONE CAPITAL MANAGEMENT LLC

SII INVESTMENTS, INC.

OSAIC WEALTH, INC.

RETIREMENT INVESTMENT GROUP

SCARBOROUGH CAPITAL MANAGEMENT, INC.

INVESTORS SECURITY COMPANY, INC.

GROVE POINT INVESTMENTS, LLC

FIFTH THIRD/MAXUS SECURITIES INC

LEGG MASON WOOD WALKER, INCORPORATED

MORGAN STANLEY DW INC.

Primary Firm SEC Registration

RETIREMENT MANAGEMENT SYSTEMS

State Registrations and Notice Filings

Exams

Series 65

Date: 4/13/1994

Series 63

Date: 10/16/1981

SIE

Date: 12/31/2017

Series 7

Date: 9/19/1981

Series 24

Date: 10/24/1995

Current Firm

RETIREMENT MANAGEMENT SYSTEMS

Contact information

SEC notice filing (41 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

RETIREMENT MANAGEMENT SYSTEMS

TRUST BUT VERIFY

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