Richard A. Kaufman

OSAIC WEALTH

READING, PA 19607

Some features on this profile are disabled

CRD#: 1012069

Professional summary

Richard Albert Kaufman, CFP® is a registered financial advisor currently at OSAIC WEALTH, INC. located in Reading, Pennsylvania.

Richard is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1983. Richard has worked at 9 firms and has passed the Series 63, Series 79TO, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

None

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. Kaufman Financial Services, Investment Related, Conducted from 1609 Lancaster Ave, Reading, PA 19607. The nature of the Outside Business Activity (OBA) is DBA/Fixed Insurance, my position in the organization is owner, the duties of this position are dba, fixed insurance sales and securities business. 11/1977 was the start of the relationship with the other business and 6.5 hours are devoted to the other business per week and 160 of hours are devoted to the other business during securities trading hours per month. 2. KAUFMAN ADVISORY SERVICES, INC POSITION: President NATURE: Kaufman Advisory Services, Inc INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 10 START DATE: 01/01/1990 ADDRESS: 1609 Lancaster Avenue, Reading PA 19607, United States DESCRIPTION: Fee Based Financial Planning Tax Preparation 3. RICHARD A KAUFMAN POSITION: owner NATURE: Independent Insurance Agent INVESTMENT RELATED: No NUMBER OF HOURS: 20 SECURITIES TRADING HOURS: 20 START DATE: 07/01/1977 ADDRESS: 1609 Lancaster Ave, Reading PA 19607, United States DESCRIPTION: I sell Life Insurance and annuities to clients when appropriate

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Richard Albert Kaufman's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

CRS (Client Relationship Summary) - BD

Click below to view Richard Albert Kaufman'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: 1995

Experience

Current

June 14, 2024 - Present

OSAIC WEALTH, INC.

Office #1: 1609 Lancaster Ave., Reading, PA 19607

RIA

CRD#: 23131

READING, PA

Current

June 14, 2024 - Present

OSAIC WEALTH, INC.

Office #1: 1609 Lancaster Ave., Reading, PA 19607

RIA

CRD#: 23131

READING, PA

Past

July 17, 2020 - June 14, 2024

SECURITIES AMERICA ADVISORS, INC.

RIA

CRD#: 110518

READING, PA

Past

July 17, 2020 - June 14, 2024

SECURITIES AMERICA, INC.

CRD#: 10205

READING, PA

Past

June 21, 2007 - July 17, 2020

INVESTACORP ADVISORY SERVICES INC

RIA

CRD#: 109011

READING, PA

Past

October 31, 1991 - April 25, 2022

KAUFMAN ADVISORY SERVICES, INC.

RIA

CRD#: 123013

READING, PA

Past

August 11, 1986 - July 17, 2020

INVESTACORP, INC.

CRD#: 7684

READING, PA

Past

June 3, 1986 - August 21, 1986

LCP CAPITAL CORP.

CRD#: 14469

Past

March 1, 1983 - January 31, 1986

WOODBURY FINANCIAL SERVICES, INC.

CRD#: 421

Past

March 1, 1983 - June 10, 1986

CARDELL & ASSOCIATES, INCORPORATED

CRD#: 7700

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".

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

Broker-Dealer Firm Regulated by FINRA (Denver district office)

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.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Arizona
(6/14/2024)

Colorado
(6/14/2024)

Delaware
(6/14/2024)

Florida
(6/14/2024)

IAR

Florida
(6/14/2024)

Georgia
(6/14/2024)

Maryland
(6/14/2024)

Massachusetts
(6/14/2024)

Missouri
(6/14/2024)

New Jersey
(6/14/2024)

New York
(6/14/2024)

North Carolina
(6/14/2024)

IAR

North Carolina
(6/14/2024)

Ohio
(6/14/2024)

Oklahoma
(6/14/2024)

Oregon
(10/11/2024)

Pennsylvania
(6/14/2024)

IAR

Pennsylvania
(6/14/2024)

Rhode Island
(6/14/2024)

South Carolina
(6/14/2024)

Texas
(6/14/2024)

Utah
(6/14/2024)

Vermont
(6/14/2024)

Virginia
(6/14/2024)

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. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

Series 63

Date: 4/28/1983

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 79TO

Date: 1/2/2023

Investment Banking Registered Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 2/19/1983

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

Broker-Dealer Firm Regulated by FINRA (Denver district office)

Upgrade to AdvisorCheck Premium

Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.

Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.

See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Mailing Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Phone number

(800) 821-5100

Established

Delaware since 08/05/1988

Firm type

Corporation

Fiscal year end

December

Firm Size

Large

# of Employees

8,717

SEC notice filing (53 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

OSAIC WEALTH, INC ADV PART 2A (10/20/2025)

SIGNATOR MANAGED ACCOUNT PLATFORM (3/31/2025)

Direct owners and executive officers

Name	Position	CRD#
OSAIC, INC.	SHAREHOLDER
CORNICK, GREGORY ALLEN	CEO, PRESIDENT, DIRECTOR	3132991
FORD, ERINN JUNE	DIRECTOR	2176816
MIHAL, SHAWN MICHAEL	SVP, CHIEF COMPLIANCE OFFICER	3262384
MITCHELL, CHRISTOPHER MILLS	CORPORATE TREASURER, FINANCIAL PRINCIPAL	2420144
PRICE, JAMES DALE	CHAIRMAN	1243224
SCHLUETER, MATTHEW ADAM	EVP, OPERATIONS AND TECHNOLOGY SOLUTIONS, DIRECTOR	2627931

Regulatory assets under management

Total Number of Accounts	797,559
AUM (Assets Under Management)	$ 200,266,275,275

Disclosures

Regulatory Event	50
Arbitration	31
Bond	7

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
11/14/2025	Cover Page	Report
12/18/2024	Cover Page	Report
01/26/2024	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.

Similar Advisors

Sarah Darling

LPL FINANCIAL LLC

IAR

EPHRATA, PA

We're Here To Help

Advisor Monitoring

Firm Stability Insights

Richard A. Kaufman

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Richard Albert Kaufman's CRS (Customer Relationship Summary).

CRS (Client Relationship Summary) - BD

Click below to view Richard Albert Kaufman's CRS (Customer Relationship Summary).

Certified licenses

Experience

OSAIC WEALTH, INC.

SECURITIES AMERICA ADVISORS, INC.

SECURITIES AMERICA, INC.

INVESTACORP ADVISORY SERVICES INC

KAUFMAN ADVISORY SERVICES, INC.

INVESTACORP, INC.

LCP CAPITAL CORP.

WOODBURY FINANCIAL SERVICES, INC.

CARDELL & ASSOCIATES, INCORPORATED

Primary Firm SEC Registration

OSAIC WEALTH, INC.

State Registrations and Notice Filings

Exams

Series 63

Date: 4/28/1983

Series 79TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 2/19/1983

FINRA

Current Firm

OSAIC WEALTH, INC.

Contact information

SEC notice filing (53 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Disclosures

Accountant surprise examination report

Red Flags

Company Information

OSAIC WEALTH, INC.

TRUST BUT VERIFY

Similar Advisors