AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why Advisor Check

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
SP

Salvadore D. Palermo

Some features on this profile are disabled
CRD#: 1407209
SP

Professional summary

Salvadore David Palermo was barred by the SEC from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Salvadore is a previously registered financial professional and started their career in finance in 1986. Prior to being barred, Salvadore had worked at 9 firms, which includes FIRST SOUTHERN SECURITIES LLC., J.P. TURNER & COMPANY L.L.C., STERNE AGEE & LEACH INC., UBS FINANCIAL SERVICES INC., J.C. BRADFORD & CO., AMERICAN FRONTEER FINANCIAL CORPORATION, F.N. WOLF & CO. INC., SHERWOOD CAPITAL INC., FIRST JERSEY SECURITIES INC..

top-8-questions

Question & Answer

Are you a "fiduciary"?
No

Aliases

Sam Palermo

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

September 11, 2015 - August 28, 2018

FIRST SOUTHERN SECURITIES, LLC.

BD
CRD#: 153133
ALPHARETTA, GA
Past

February 24, 2003 - July 16, 2015

J.P. TURNER & COMPANY, L.L.C.

BD
CRD#: 43177
ATLANTA, GA
Past

August 25, 2000 - February 28, 2003

STERNE, AGEE & LEACH, INC.

BD
CRD#: 791
BIRMINGHAM, AL
Past

August 14, 2000 - September 13, 2000

UBS FINANCIAL SERVICES INC.

BD
CRD#: 8174
WEEHAWKEN, NJ
Past

June 15, 1999 - August 14, 2000

J.C. BRADFORD & CO.

BD
CRD#: 1287
NEW YORK, NY
Past

July 1, 1994 - June 17, 1999

AMERICAN FRONTEER FINANCIAL CORPORATION

BD
CRD#: 1398
DENVER, CO
Past

June 14, 1988 - July 21, 1994

F.N. WOLF & CO., INC.

BD
CRD#: 13051
Past

February 2, 1987 - May 18, 1988

SHERWOOD CAPITAL, INC.

BD
CRD#: 10474
Past

February 19, 1986 - January 31, 1987

FIRST JERSEY SECURITIES, INC.

BD
CRD#: 6621

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: 3/12/1986
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
SIE
Date: 8/28/2018
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 2/15/1986
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 24
Date: 10/3/1989
General Securities Principal Examination

Current Firm

FS
FIRST SOUTHERN SECURITIES, LLC.
FIRST SOUTHERN SECURITIES, LLC.

CRD#: 153133 / SEC#: , 8-68503

BD
Terminated by SEC on 10/03/2020
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
Mailing Address
Phone number
Established
Georgia since 01/29/2010
Firm type
Limited Liability Company
Fiscal year end
December
# of Employees

Documents

Direct owners and executive officers

NamePositionCRD#
EILER, BENJAMIN THOMASOWNER3063023
HAWK, WILLIAM HEATHPRESIDENT / CEO / ROSFP / MP2494928
SFYRIS, VASILEIOS ALEXIOSMANAGING PARTNER/POO4026992
PAGAN MARXUACH, RAFAEL ANTONIOOWNER2863850
HOLMAN, JOHN MICHAELCHIEF OPERATING OFFICER, CHIEF COMPLIANCE OFFICER1858866
JACKELS, STEPHANIE KANEFINOP/PFO5928877

Disclosures

Regulatory Event1

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

FIRST SOUTHERN SECURITIES, LLC.

CRD#: 153133

TRUST BUT VERIFY

Monitor Salvadore Palermo

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.
© 2025 AdvisorCheck, an AIMR Analytics company.
All rights reserved.
Powered ByAIRM Analytics