Richard F. Kraft

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CRD#: 1145665

Professional summary

Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

Richard Frederic Kraft was a registered financial professional .

Richard is a previously registered financial professional and started their career in finance in 1983. Richard had worked at 5 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 3 and Series 8 exams.

Question & Answer

Are you a "fiduciary"?

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

February 7, 2020 - July 31, 2020

SUMMIT WEALTH MANAGEMENT GROUP, INC.

RIA

CRD#: 170029

CAMARILLO, CA

Past

August 28, 1997 - February 26, 2020

LPL FINANCIAL LLC

RIA

CRD#: 6413

VENTURA, CA

Past

August 18, 1997 - February 26, 2020

LPL FINANCIAL LLC

CRD#: 6413

VENTURA, CA

Past

September 19, 1994 - September 4, 1997

PRUDENTIAL EQUITY GROUP, LLC

CRD#: 7471

NEW YORK, NY

Past

December 8, 1986 - September 21, 1994

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CRD#: 7691

NEW YORK, NY

Past

June 22, 1983 - December 18, 1986

UBS FINANCIAL SERVICES INC.

CRD#: 8174

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".

SUMMIT WEALTH MANAGEMENT GROUP, INC.

CRD#: 170029 / SEC#: 801-110950

RIA

Registered Investment Advisory firm - (8/4/2017 Approved)

California

Registered Investment Advisory firm - (1/12/2018 Terminated)

Texas

Registered Investment Advisory firm - (12/13/2017 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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.

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: 12/23/1996

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 1/30/1984

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: 6/18/1983

General Securities Representative Examination

General Industry/Product Exam

Series 3

Date: 5/20/1983

National Commodity Futures Examination

Principal/Supervisory Exam

Series 8

Date: 11/8/1988

General Securities Sales Supervisor Examination (Options Module & General Module)

Current Firm

SUMMIT WEALTH MANAGEMENT GROUP, INC.

CRD#: 170029 / SEC#: 801-110950

RIA

Registered Investment Advisory firm - (8/4/2017 Approved)

California

Registered Investment Advisory firm - (1/12/2018 Terminated)

Texas

Registered Investment Advisory firm - (12/13/2017 Terminated)

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Contact information

Main Address

400 Camarillo Ranch Road Suite 202, Camarillo, CA 93012

Mailing Address

Phone number

(805) 384-1186

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (8 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

FORM ADV PART 2A - FIRM BROCHURE (8/5/2025)

FORM ADV PART 2A APPENDIX 1 - WRAP BROCHURE (3/12/2025)

Regulatory assets under management

Total Number of Accounts	632
AUM (Assets Under Management)	$ 226,022,233

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

Richard F. Kraft

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

LPL FINANCIAL LLC

LPL FINANCIAL LLC

PRUDENTIAL EQUITY GROUP, LLC

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

UBS FINANCIAL SERVICES INC.

Primary Firm SEC Registration

SUMMIT WEALTH MANAGEMENT GROUP, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 12/23/1996

Series 63

Date: 1/30/1984

SIE

Date: 10/1/2018

Series 7

Date: 6/18/1983

Series 3

Date: 5/20/1983

Series 8

Date: 11/8/1988

Current Firm

SUMMIT WEALTH MANAGEMENT GROUP, INC.

Contact information

SEC notice filing (8 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

SUMMIT WEALTH MANAGEMENT GROUP, INC.

TRUST BUT VERIFY

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