SD
Salvatore J. Durso
PRINCIPAL SECURITIES
Lansing, MI 48933
Some features on this profile are disabled
CRD#: 1026014
SD
Professional summary
Salvatore Joseph Durso, who also goes by Sal Durso, is a registered financial advisor currently at PRINCIPAL SECURITIES, INC. located in Lansing, Michigan.
Salvatore is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1982. Salvatore has worked at 4 firms and has passed the Series 65, Series 63, Series 62, SIE, Series 7, Series 2, Series 22, Series 6 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Sal Durso
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.
OUTSIDE INSURANCE, BROKER-HEALTH, LIFE, DI, VISON, DENTAL, LTC, FIXED, 3/13/13. **ALL OF GODS CHILDREN, BROKER-BOARD MEMBER,3/13/13. **MMD PROPERTIES, OWNER-RENTAL INCOME, 3/13/13. *McLaren Greater Lansing Hospital, board member, 8/24/17. ***511 S Washington Ave, LLC; Not Investment Related; 511 S Washington Ave, Lansing, MI 48933; Owner; Ownership of 2 commercial properties. Duties include securing and monitoring leases. Building maintenance, tracking income and expenses, handling books.; Start Date: 01/23/2013; 1 hrs per month; 1 during trading hours. INSURANCE POSITION: Director/CEO NATURE: null INVESTMENT RELATED: Yes NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 5 START DATE: 03/13/2013 ADDRESS: 608 S Washington Av, Lansing MI 48933, United States DESCRIPTION: Overseeing the selling and servicing of legacy block of Group Insurance to 400+ employers OWNERSHIP OF CENTENNIAL POSITION: CEO NATURE: null INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 2 START DATE: 11/23/2013 ADDRESS: 608 S Washington Av, Lansing MI 48933, United States DESCRIPTION: Own 73% of Entitiy and Timothy Durso is 27% owner
CRS (Client Relationship Summary) - RIA
Click below to view Salvatore Joseph Durso's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Salvatore Joseph Durso's 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®
NoneExperience
Current
February 26, 2013 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 608 S Washington Ave Ste 200, Lansing, MI 48933RIA
BD
CRD#: 1137
Lansing, MI
Current
February 1, 2013 - Present
PRINCIPAL SECURITIES, INC.
Office #1: 608 S Washington Ave Ste 200, Lansing, MI 48933RIA
BD
CRD#: 1137
Lansing, MI
Past
August 21, 2002 - February 14, 2013
SECURIAN FINANCIAL SERVICES, INC.
RIA
CRD#: 15296
LANSING, MI
Past
October 19, 2001 - February 14, 2013
SECURIAN FINANCIAL SERVICES, INC.
BD
CRD#: 15296
LANSING, MI
Past
March 16, 1994 - September 28, 2001
CENTENNIAL FINANCIAL SERVICES, INC.
BD
CRD#: 15819
LANSING, MI
Past
January 25, 1990 - February 24, 1994
SECURIAN FINANCIAL SERVICES, INC.
BD
CRD#: 15296
ST. PAUL, MN
Past
February 25, 1982 - October 7, 1989
SIGNATOR INVESTORS, INC.
BD
CRD#: 468
BOSTON, MA
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".
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City 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.RR
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
RR
Arizona(3/21/2013)
RR
California(2/6/2013)
RR
Colorado(11/2/2021)
RR
Connecticut(4/22/2025)
RR
Florida(2/6/2013)
RR
Georgia(2/1/2013)
RR
Illinois(2/4/2013)
RR
Indiana(2/15/2013)
RR
Iowa(2/11/2013)
RR
Kentucky(2/14/2013)
RR
Louisiana(2/27/2013)
RR
Maryland(2/14/2013)
RR
Michigan(2/11/2013)
IAR
Michigan(2/26/2013)
RR
Minnesota(1/11/2023)
RR
Missouri(3/21/2013)
RR
Montana(3/15/2013)
RR
Nebraska(2/11/2013)
RR
New Hampshire(1/6/2022)
RR
New Jersey(2/12/2013)
RR
New Mexico(2/15/2013)
RR
New York(2/12/2013)
RR
North Carolina(2/14/2013)
RR
North Dakota(2/11/2013)
RR
Ohio(2/4/2013)
RR
Oregon(2/19/2013)
RR
Pennsylvania(2/4/2013)
RR
South Dakota(10/6/2025)
RR
Tennessee(2/14/2013)
RR
Utah(1/16/2024)
RR
Virginia(2/1/2013)
RR
Wisconsin(2/20/2013)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
RR
Series 62
Date: 1/2/2023
Corporate Securities Limited Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
RR
Series 2
Date: 8/9/1991
Non-Member General Securities ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION
CRD#: 1137 / SEC#: 801-54949, 8-13975
RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Kansas City 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
711 High Street, Des Moines, IA 50392
Mailing Address
Principal Financial Group 711 High Street, Des Moines, IA 50392-2080
Phone number
(888) 774-6267
Established
Iowa since 05/01/1968
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
1,436
SEC notice filing (51 States and Territories)
FINRA licenses (52 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| PRINCIPAL FINANCIAL SERVICES, INC. | OWNER | |
| AGRAWAL, VIVEK | DIRECTOR | 8050381 |
| CLAIRE, CHAD THOMAS | CHIEF INFORMATION OFFICER | 7219218 |
| DROGAN, THOMAS JOHN | CHIEF COMPLIANCE OFFICER | 2760482 |
| FRIEDRICH, AMY CHRISTINE | DIRECTOR | 7097797 |
| LAWLER, CODY ANTHONY | HEAD OF SUPERVISION, HEAD OF OPERATIONS | 5162072 |
| MCCULLUM, KENNETH ALLEN | DIRECTOR | 4695257 |
| MURRAY, MICHAEL FRANCIS | PRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR | 2074275 |
| RANTS, DOUGLAS JOHN | CHIEF INFORMATION SECURITY OFFICER | 7148529 |
| ROBERTS, DAWN MARIE | CHIEF FINANCIAL OFFICER | 7929617 |
| SCHELHAAS, NATHAN PAUL | DIRECTOR | 7275495 |
| SPADAFORA, CRAIG ALAN | SENIOR VICE PRESIDENT / HEAD OF ADVISORY AND PLATFORM | 3184320 |
| VANWINKLE, DANIEL SIMON | PSI AML OFFICER | 4715191 |
Regulatory assets under management
| Total Number of Accounts | 63,730 |
| AUM (Assets Under Management) | $ 14,827,718,110 |
Disclosures
| Regulatory Event | 9 |
| Arbitration | 3 |
| Bond | 3 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 09/26/2025 | ||
| 10/28/2024 | ||
| 11/28/2023 | ||
| 09/22/2023 | ||
| 12/20/2022 |
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.
Company Information
PRINCIPAL SECURITIES, INC.
CRD#: 1137Lansing, MI 48933TRUST BUT VERIFY
Monitor Salvatore Durso
Get automatic monthly alerts on:Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates
