RR
Raymond R. Russo
VIRTUOSO WEALTH MANAGEMENT
Henderson, NV
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CRD#: 1616543
RR
Professional summary
Raymond Ralph Russo, who also goes by Ray Russo, is a registered financial advisor currently at VIRTUOSO WEALTH MANAGEMENT located in Henderson, Nevada.
Raymond is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1993. Raymond has worked at 7 firms and has passed the Series 65, Series 63, Series 6 and Series 26 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Ray Russo
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.
Mr. Russo is also a licensed insurance professional. From time to time, Mr. Russo will offer Clients insurance advice or products. Implementations of insurance recommendations are separate and apart from the services provided under the Advisor. Clients should be aware that these services pay a commission or other compensation and involve a potential conflict of interest. VCM always acts in the best interest of each Client; including the sale of commissionable products to a Client. Clients are in no way required to implement insurance recommendations through Mr. Russo. VCM will not charge an ongoing advisory fee on any assets where a commission is earned. Since October 2023, Mr. Russo has sold his book, "The Secret of the Wealthy vs. Secrets of the Broke," through Amazon.com and markets a specialized copyrighted trust book through a distributorship with Benson Financial, LLC, located in Bellaire, TX. These investment-related activities require approximately 10 hours per week. Since 2020, Mr. Russo is a representative of J.E. Lawrence, a claims recovery law firm based in New York. This position is not investment related and Mr. Russo devotes less than 10 hours per month to this activity. Mr. Russo is also involved in other business ventures, including the referral of individuals to CPAs and tax specialists as well as various online businesses he expects to launch in the near future. From time to time, he may offer Clients advice or products from those activities and Clients should be aware that these services may involve a potential conflict of interest. VCM always acts in the best interest of the Client. Clients are in no way required to be involved in the services of Mr. Russo in connection with his outside activities. These activities represent less than 10% of Mr. Russo's business time.
CRS (Client Relationship Summary) - RIA
Click below to view Raymond Ralph Russo'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®
NoneExperience
Current
January 6, 2014 - Present
VIRTUOSO WEALTH MANAGEMENT
RIA
CRD#: 169518
Henderson, NV
Past
October 21, 2011 - December 3, 2013
STERLING ADVISOR GROUP
RIA
CRD#: 147357
MESA, AZ
Past
December 4, 2009 - August 10, 2011
INDEPENDENT FINANCIAL GROUP, LLC
RIA
CRD#: 7717
PALM DESERT, CA
Past
December 4, 2009 - August 10, 2011
INDEPENDENT FINANCIAL GROUP, LLC
BD
CRD#: 7717
PALM DESERT, CA
Past
August 29, 2006 - December 11, 2009
INVESTMENT ADVISORS INTERNATIONAL, INC.
RIA
CRD#: 139233
SAN DIEGO, CA
Past
April 12, 2006 - September 5, 2006
TRANSAMERICA FINANCIAL ADVISORS, LLC
RIA
CRD#: 16164
PHILADELPHIA, PA
Past
April 12, 2002 - December 11, 2009
WORLD GROUP SECURITIES, INC.
BD
CRD#: 114473
SAN DIEGO, CA
Past
June 6, 1994 - April 12, 2002
WMA SECURITIES, INC.
BD
CRD#: 32625
DULUTH, GA
Past
March 17, 1993 - June 6, 1994
TRANSAMERICA FINANCIAL ADVISORS, LLC
BD
CRD#: 16164
PHILADELPHIA, PA
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
California(1/6/2014)
IAR
Nevada(6/24/2019)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
Principal/Supervisory Exam
Current Firm
VW
VIRTUOSO WEALTH MANAGEMENT
RAYMOND R. RUSSO | VIRTUOSO WEALTH MANAGEMENT | VIRTUOSO CAPITAL MANAGEMENT | RUSSO, RAYMOND R | RAYMOND RALPH RUSSO
CRD#: 169518 / SEC#:
California
Registered Investment Advisory firm - (1/1/2014 Approved)Nevada
Registered Investment Advisory firm - (6/14/2019 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
Henderson, NV
Mailing Address
Phone number
(702) 997-8106
Established
Firm type
Fiscal year end
# of Employees
1
Regulatory assets under management
| Total Number of Accounts | 5 |
| AUM (Assets Under Management) | $ 224,333 |
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.
