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RN

Russell W. Newton

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CRD#: 1033369
RN

Professional summary


Russell William Newton was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Russell is a previously registered financial professional and started their career in finance in 1982. Prior to being barred, Russell had worked at 8 firms, which includes SOURCE CAPITAL GROUP INC., MERIT CAPITAL ASSOCIATES INC., PENDRICK REEVES ASSOCIATES INC., SOURCE CAPITAL MANAGEMENT, GLEN RAUCH SECURITIES INC., PRESCOTT BALL & TURBEN INC., L. F. ROTHSCHILD & CO. INCORPORATED, GABRIELE HUEGLIN & CASHMAN INC..

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

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.
The advisor shows no other business activity.

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

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


Past

October 12, 2006 - October 14, 2016

SOURCE CAPITAL GROUP, INC.

RIA
CRD#: 36719
WESTPORT, CT
Past

December 1, 2001 - October 14, 2016

SOURCE CAPITAL GROUP, INC.

BD
CRD#: 36719
WESTPORT, CT
Past

October 13, 1992 - December 1, 2001

MERIT CAPITAL ASSOCIATES, INC.

BD
CRD#: 30576
WESTPORT, CT
Past

August 7, 1991 - October 9, 1992

PENDRICK REEVES ASSOCIATES, INC.

BD
CRD#: 7623
Past

June 3, 1991 - October 17, 2006

SOURCE CAPITAL MANAGEMENT

RIA
CRD#: 111967
WESTPORT, CT
Past

November 12, 1990 - August 1, 1991

GLEN RAUCH SECURITIES, INC.

BD
CRD#: 17843
NEW YORK, NY
Past

January 24, 1985 - July 17, 1989

PRESCOTT, BALL & TURBEN, INC.

BD
CRD#: 7656
Past

May 7, 1984 - January 28, 1985

L. F. ROTHSCHILD & CO. INCORPORATED

BD
CRD#: 501
Past

March 2, 1982 - July 9, 1984

GABRIELE, HUEGLIN & CASHMAN INC.

BD
CRD#: 8059

State Registrations and Notice Filings


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

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
RR
Series 63
Date: 2/24/1982
Uniform Securities Agent State Law Examination
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam

Current Firm


SC
SOURCE CAPITAL GROUP, INC.
SOURCE CAPITAL GROUP, INC. | SOURCE SECURITIES, INC.

CRD#: 36719 / SEC#: 801-88199, 8-47372

BD
Terminated by SEC on 04/18/2017
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Contact information


Main Address
276 Post Road West, Westport, CT 06880
Mailing Address
Phone number
Established
Delaware since 06/03/1994
Firm type
Corporation
Fiscal year end
December
# of Employees

Documents


Latest Form ADV

Part 2 Brochures

SOURCE CAPITAL FORM ADV PART 2A JULY 11, 2017 (7/11/2017)

Direct owners and executive officers


NamePositionCRD#
HARRIS, DAVID WEBSTERPRESIDENT / CHIEF COMPLIANCE OFFICER - INTERIM237802

Disclosures


Regulatory Event9
Arbitration3

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


SOURCE CAPITAL GROUP, INC.

CRD#: 36719

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