KP
Kenneth R. Picerno
CETERA INVESTMENT ADVISERS LLC
MURPHY, TX
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CRD#: 1286500
KP
Professional summary
Kenneth Robert Picerno, CFP® is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Murphy, Texas and CETERA WEALTH SERVICES, LLC located in Murphy, Texas.
Kenneth is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2000. Kenneth has worked at 6 firms and has passed the Series 63, 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) Fiduciary Appointment-Trustee 2308 Tamarisk Lane~Plano~TX~75023~6/7/2014~4hrs~2hrs~Prepare the financial reports and tax returns, make distributions to the beneficiary as required by the trust document, and determine where to best invest the money in the trust 2) 4th Street Development LLC 218 W. 4th Street~Anna~TX~75409~Rental Property Owner/Management~Partner/General Partner~8/1/2013~2hrs~0hrs~I have a 50% ownership of the building and we rent out the space 3) Mobile Home Rental 121 Enchanted Oaks Ct~Weatherford~TN~76086~Rental Property Owner/Management~Owner/Sole Proprietor~8/1/2010~1hrs~0hrs~I own the property and rent it to the tenant 4) Osage Development LLC 4704 Glenwood Lane~Anna~TX~75409~Rental Property Owner/Management~Partner/General Partner~2/24/2015~0hrs~0hrs~Own land only. No rentals. 5) RPJ Financial Group LLC 2308 Tamarisk Lane~Plano~TX~75023~No Outside Business Activities - Investments Only~Partner/General Partner~2/24/2015~3hrs~0hrs~research and look for investments to be purchased thru Avantax 6) DAGWOOD DEVELOPMENT LLC POSITION: 50% owner NATURE: residential real estate rental property INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 04/19/2021 ADDRESS: 2308 Tamarisk Lane, Plano TX 75023, United States DESCRIPTION: a rental property--collect rent, make repairs 7) KENNETH R PICERNO, CPA, PLLC POSITION: owner/member NATURE: This is my CPA practice. Traditional CPA services---accounting and tax INVESTMENT RELATED: No NUMBER OF HOURS: 200 SECURITIES TRADING HOURS: 115 START DATE: 11/01/2022 ADDRESS: 2308 Tamarisk Lane, Plano TX 75023, United States DESCRIPTION: I own the CPA practice. Still setting it up, not fully functionable as of today 8) KENNETH R PICERNO POSITION: licensed representative at Avanatx Wealth Management NATURE: licensed under Finra for financial planning and securities INVESTMENT RELATED: No NUMBER OF HOURS: 25 SECURITIES TRADING HOURS: 25 START DATE: 08/12/2010 ADDRESS: 734 Pheasant Run Drive, Murphy TX 75094, United States DESCRIPTION: financial planning and securities 9) SRK 741 ENTERPRISES LLC POSITION: owner NATURE: This is a single member LLC designed to protect my personal assets from the actions of my CPA firm investing in normal securities and bonds. This is the only activity of the LLC. I am only owner of the LLC and the LLC is not an investment club. INVESTMENT RELATED: No NUMBER OF HOURS: 50 SECURITIES TRADING HOURS: 20 START DATE: 03/01/2025 ADDRESS: 734 Pheasant Run Drive, Murphy TX 75094, United States DESCRIPTION: My duties are of those nomally associated with a single member LLC, managing the activity as needed. 10)Susan Davis Trust; Trustee; Fiduciary Appointment; NIR; 2; 06/07/2014; 2308 Tamarisk Lane Plano TX 75023; Prepare the financial reports and tax returns, make distributions to the beneficiary as required by the trust document, and determine where to best invest the money in the trust
CRS (Client Relationship Summary) - RIA
Click below to view Kenneth Robert Picerno'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®
CFP®
Start date: 2005
Experience
Current
September 5, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
RIA
CRD#: 105644
MURPHY, TX
Current
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC
BD
CRD#: 13572
Murphy, TX
Past
August 25, 2010 - September 5, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
Murphy, TX
Past
August 12, 2010 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
Murphy, TX
Past
March 7, 2006 - May 26, 2010
MONEY CONCEPTS CAPITAL CORP
RIA
CRD#: 12963
PLANO, TX
Past
May 16, 2002 - May 26, 2010
MONEY CONCEPTS CAPITAL CORP
BD
CRD#: 12963
PLANO, TX
Past
December 21, 2000 - December 31, 2001
MOMENTUM INDEPENDENT NETWORK INC.
BD
CRD#: 17587
DALLAS, TX
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)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
Texas(9/5/2025)
IAR
Texas(9/5/2025)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
