John P. Schwan

SCHWAN FINANCIAL ADVISORS

Aberdeen, SD 57401

Some features on this profile are disabled

CRD#: 1421895

Professional summary

John Paul Schwan is a registered financial advisor currently at SCHWAN FINANCIAL ADVISORS, LLC located in Aberdeen, South Dakota.

John is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1986. John has worked at 7 firms and has passed the Series 65, Series 63, SIE and Series 6 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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view John Paul Schwan'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®

None

Experience

Current

May 26, 2004 - Present

SCHWAN FINANCIAL ADVISORS, LLC

Office #1: 401 Vivian Street S., Aberdeen, SD 57401

RIA

CRD#: 127313

Aberdeen, SD

Past

July 15, 2010 - August 18, 2022

KOVACK SECURITIES INC.

CRD#: 44848

ABERDEEN, SD

Past

September 20, 2005 - August 6, 2010

CAMBRIDGE INVESTMENT RESEARCH, INC.

CRD#: 39543

ABERDEEN, SD

Past

September 9, 2002 - May 25, 2004

EIDE BAILLY ADVISORS, LLC

RIA

CRD#: 113564

ABERDEEN, SD

Past

March 16, 2001 - September 20, 2005

CAP PRO BROKERAGE SERVICES, INC.

CRD#: 103953

COLUMBUS, OH

Past

July 6, 1995 - March 19, 2001

FFP SECURITIES, INC.

CRD#: 16337

CHESTERFIELD, MO

Past

March 26, 1986 - July 6, 1995

NYLIFE SECURITIES LLC

CRD#: 5167

NEW YORK, NY

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.

Highlighted states indicate IAR registrations

IAR

Alaska
(8/11/2023)

IAR

Arizona
(2/3/2023)

IAR

Florida
(12/9/2022)

IAR

Iowa
(7/22/2004)

IAR

Louisiana
(8/10/2020)

IAR

Michigan
(7/31/2023)

IAR

Minnesota
(7/27/2023)

IAR

Mississippi
(3/22/2022)

IAR

North Dakota
(8/9/2004)

IAR

South Dakota
(5/26/2004)

IAR

Texas
(8/7/2020)

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: 7/10/2002

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 7/20/1992

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 6

Date: 3/25/1986

Investment Company Products/Variable Contracts Representative Examination

Current Firm

SCHWAN FINANCIAL ADVISORS, LLC

SCHWAN FINANCIAL ADVISORS, LLC | THE LEGACY PARTNERS ADVISORS,LLC

CRD#: 127313 / SEC#: 801-68527

RIA

Registered Investment Advisory firm - (8/6/2012 Terminated)

Alaska

Registered Investment Advisory firm - (7/3/2012 Approved)

Arizona

Registered Investment Advisory firm - (6/27/2012 Approved)

Florida

Registered Investment Advisory firm - (12/9/2022 Approved)

Iowa

Registered Investment Advisory firm - (7/3/2012 Approved)

Louisiana

Registered Investment Advisory firm - (8/10/2020 Approved)

Michigan

Registered Investment Advisory firm - (8/6/2012 Approved)

Minnesota

Registered Investment Advisory firm - (7/3/2012 Approved)

Mississippi

Registered Investment Advisory firm - (3/21/2022 Approved)

Montana

Registered Investment Advisory firm - (3/27/2009 Terminated)

Nebraska

Registered Investment Advisory firm - (12/31/2019 Terminated)

North Dakota

Registered Investment Advisory firm - (7/3/2012 Approved)

South Dakota

Registered Investment Advisory firm - (7/2/2012 Approved)

Texas

Registered Investment Advisory firm - (8/7/2020 Conditional Restricted)

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).

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

401 Vivian Street S., Aberdeen, SD 57401

Mailing Address

Phone number

(605) 225-1047

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

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.

Similar Advisors

Anita Srivastava

MORGAN STANLEY

IAR

Paramus, NJ

Jason Cooke

EDELMAN FINANCIAL ENGINES

IAR

DANVILLE, CA

Andreas Heinrich

LPL ENTERPRISE, LLC

IAR

Jacksonville, FL

Why AdvisorCheck

We're Here To Help

Advisor Monitoring

Firm Stability Insights

John P. Schwan

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view John Paul Schwan's CRS (Customer Relationship Summary).

Certified licenses

Experience

SCHWAN FINANCIAL ADVISORS, LLC

KOVACK SECURITIES INC.

CAMBRIDGE INVESTMENT RESEARCH, INC.

EIDE BAILLY ADVISORS, LLC

CAP PRO BROKERAGE SERVICES, INC.

FFP SECURITIES, INC.

NYLIFE SECURITIES LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 7/10/2002

Series 63

Date: 7/20/1992

SIE

Date: 10/1/2018

Series 6

Date: 3/25/1986

Current Firm

SCHWAN FINANCIAL ADVISORS, LLC

Contact information

Documents

Red Flags

Company Information

SCHWAN FINANCIAL ADVISORS, LLC

TRUST BUT VERIFY

Similar Advisors