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Scott H. Newbanks

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CRD#: 1216623
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Professional summary


Scott Halbert Newbanks was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Scott is a previously registered financial professional and started their career in finance in 1983. Prior to being barred, Scott had worked at 11 firms, which includes KMS FINANCIAL SERVICES INC., UNITED PLANNERS' FINANCIAL SERVICES OF AMERICA A LIMITED PARTNER, LPL FINANCIAL LLC, MUTUAL SERVICE CORPORATION, TITAN/VALUE EQUITIES GROUP INC., EMPOWER FINANCIAL SERVICES INC., CITIGROUP GLOBAL MARKETS INC., E. F. HUTTON & COMPANY INC, CINCINNATI ANALYSTS INC., PIONEER SECURITIES INC., FORESTERS FINANCIAL SERVICES INC..

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


Scott H Newbanks | Scott Newbanks

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 4, 2017 - November 3, 2017

KMS FINANCIAL SERVICES, INC.

BD
CRD#: 3866
Lake Havasu City, AZ
Past

October 3, 2017 - November 3, 2017

KMS FINANCIAL SERVICES, INC.

RIA
CRD#: 3866
Lake Havasu City, AZ
Past

September 8, 2010 - September 29, 2017

UNITED PLANNERS' FINANCIAL SERVICES OF AMERICA A LIMITED PARTNER

RIA
CRD#: 20804
LAKE HAVASU CITY, AZ
Past

September 1, 2010 - September 29, 2017

UNITED PLANNERS' FINANCIAL SERVICES OF AMERICA A LIMITED PARTNER

BD
CRD#: 20804
LAKE HAVASU CITY, AZ
Past

September 8, 2009 - September 13, 2010

LPL FINANCIAL LLC

RIA
CRD#: 6413
LAKE HAVASU CITY, AZ
Past

September 8, 2009 - September 13, 2010

LPL FINANCIAL LLC

BD
CRD#: 6413
LAKE HAVASU CITY, AZ
Past

February 20, 2009 - September 8, 2009

MUTUAL SERVICE CORPORATION

RIA
CRD#: 4806
LAKE HAVASU CITY, AZ
Past

March 31, 1999 - September 8, 2009

MUTUAL SERVICE CORPORATION

BD
CRD#: 4806
LAKE HAVASU CITY, AZ
Past

May 21, 1987 - March 31, 1999

TITAN/VALUE EQUITIES GROUP, INC.

BD
CRD#: 6359
IRVINE, CA
Past

January 2, 1987 - May 18, 1987

EMPOWER FINANCIAL SERVICES, INC.

BD
CRD#: 13109
Past

August 8, 1986 - September 30, 1986

CITIGROUP GLOBAL MARKETS INC.

BD
CRD#: 7059
Past

August 21, 1985 - August 4, 1986

E. F. HUTTON & COMPANY INC

BD
CRD#: 235
Past

October 11, 1984 - September 4, 1985

CINCINNATI ANALYSTS, INC.

BD
CRD#: 5478
Past

March 15, 1984 - October 5, 1984

PIONEER SECURITIES, INC.

BD
CRD#: 5922
Past

December 7, 1983 - March 3, 1986

FORESTERS FINANCIAL SERVICES, INC.

BD
CRD#: 305

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
IAR
Series 66
Date: 5/10/2010
Uniform Combined State Law Examination
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
RR
Series 24
Date: 11/27/1992
General Securities Principal Examination

Current Firm


KF
KMS FINANCIAL SERVICES, INC.
KMS FINANCIAL SERVICES, INC | KMS FINANCIAL SERVICES, INC.

CRD#: 3866 / SEC#: 801-11375, 8-15433

BD
Terminated by SEC on 01/17/2021
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Contact information


Main Address
2001 Sixth Ave Ste 2801, Seattle, WA 98121
Mailing Address
Phone number
Established
Washington since 11/21/1969
Firm type
Corporation
Fiscal year end
December
# of Employees

Documents


Latest Form ADV

Part 2 Brochures

KMS ADV PART 2A BROCHURE 10-16-2020 (10/16/2020)

Direct owners and executive officers


NamePositionCRD#
ADVISOR GROUP HOLDINGS, INC.SHAREHOLDER
BRETON, BERNARD ANDRECHIEF COMPLIANCE OFFICER2030660
FORD, ERINN JUNEPRESIDENT & CEO2176816
HARRINGTON, LINDA LEEVICE PRESIDENT OF ADVISORY COMPLIANCE4173014
SIMS, JEFFREY SCOTTCFO, PRINCIPAL FINANCIAL OFFICER, PRINCIPAL OPERATIONS OFFICER3247374
ZELLERHOFF, MARK CHRISTOPHERSENIOR VICE PRESIDENT OF OPERATIONS2853977

Disclosures


Regulatory Event12
Arbitration3
Bond2

Red Flags


Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

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Company Information


KMS FINANCIAL SERVICES, INC.

CRD#: 3866

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