Karmen D. Fross

CETERA INVESTMENT ADVISERS LLC

GREENSBORO, NC 27401

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CRD#: 1733323

Professional summary

Karmen D Fross, who also goes by Karmen Lilly ^, Karmen D Richards, Karmen Deneene Richards Mrs., Karmen Deneene Richards, Karmen Deneene Welch, Karmen ^ Welch ^, is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Greensboro, North Carolina and CETERA ADVISORS LLC located in Greensboro, North Carolina.

Karmen is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1996. Karmen has worked at 8 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

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) ADMINISTRATIVE SERVICES TO CLIENTS OF SCOTT THOMAS & SHERRY WYBLE...SCOTT PRIVATE WEALTH GROUP...START DATE 5/8/09...WWW.SCOTTPRIVATEWEALTH.COM...628 GREEN VALLEY RD, STE. 306, GREENSBURG, NC 27408...40 HRS PER WK...ADMINISTRATIVE...CLIENT PAPERWORK PREPARATION, TRADE ENTRY BY INSTRUCTION OF REPS ONLY, SETTING CLIENT APPTS, NOTE-TAKINGIN MEETINGS W/CLIENTS & REPS, COURTESY CALLS TO CLIENTS, PROVIDING BASIC REPORTS TO REPS, MANAGEMENT OF TRADE BLOTTERS; 2) NAME OF OTHER BUSINESS: PROSPERITY ADVISORS, LLC , INVESTMENT RELATED: YES, ADDRESS: SAME AS REGISTERED LOCATION, NATURE OF BUSINESS: FINANCIAL SERVICES, START DATE:04/2024, POSITION/TITLE/RELATIONSHIP: FINANCIAL PROFESSIONAL, APX NUMBER OF HOURS PER WEEK: 40, APX NUMBER OF HOURS DURING TRADING HOURS: 32.5, BRIEF DESCRIPTION OF DUTIES: DBA FOR FINANCIAL SERVICES;

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Karmen D Fross's CRS (Customer Relationship Summary).

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

March 21, 2024 - Present

CETERA INVESTMENT ADVISERS LLC

Office #1: 400 Bellemeade St Suite 201 301, Greensboro, NC, 27401

RIA

CRD#: 105644

GREENSBORO, NC

Current

May 7, 2009 - Present

CETERA ADVISORS LLC

Office #1: 400 Bellemeade St Suite 301, Greensboro, NC 27401

CRD#: 10299

GREENSBORO, NC

Past

May 7, 2009 - March 21, 2024

CETERA ADVISORS LLC

RIA

CRD#: 10299

GREENWOOD VILLAGE, IL

Past

November 15, 2007 - April 27, 2009

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

RIA

CRD#: 7691

GREENSBORO, NC

Past

November 15, 2007 - April 27, 2009

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CRD#: 7691

GREENSBORO, NC

Past

July 21, 2006 - September 13, 2007

SYNERGY INVESTMENT GROUP, LLC

RIA

CRD#: 46035

WINSTON SALEM, NC

Past

July 21, 2006 - September 13, 2007

SYNERGY INVESTMENT GROUP, LLC

CRD#: 46035

CHARLOTTE, NC

Past

July 1, 2003 - June 22, 2006

WELLS FARGO CLEARING SERVICES, LLC

RIA

CRD#: 19616

GREENSBORO, NC

Past

July 1, 2003 - June 22, 2006

WELLS FARGO CLEARING SERVICES, LLC

CRD#: 19616

GREENSBORO, NC

Past

December 31, 2001 - July 1, 2003

PRUDENTIAL EQUITY GROUP, LLC

RIA

CRD#: 7471

GREENSBORO, NC

Past

May 31, 2000 - July 1, 2003

PRUDENTIAL EQUITY GROUP, LLC

CRD#: 7471

NEW YORK, NY

Past

May 28, 1998 - June 13, 2000

WACHOVIA SECURITIES, INC.

CRD#: 431

CHARLOTTE, NC

Past

August 27, 1996 - May 15, 1998

CITIGROUP GLOBAL MARKETS INC.

CRD#: 7059

NEW YORK, NY

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".

CETERA INVESTMENT ADVISERS LLC

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.

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

North Carolina
(5/7/2009)

IAR

North Carolina
(3/21/2024)

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. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 1/22/2001

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 11/16/1998

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 8/26/1996

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 5/27/2011

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

CETERA INVESTMENT ADVISERS LLC

CRD#: 105644 / SEC#: 801-20406

RIA

Registered Investment Advisory firm - (1/13/1984 Approved)

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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)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

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	Cover Page	Report
12/13/2024	Cover Page	Report
09/26/2023	Cover Page	Report
11/18/2022	Cover Page	Report

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.

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Karmen D. Fross

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Karmen D Fross's CRS (Customer Relationship Summary).

Certified licenses

Experience

CETERA ADVISORS LLC

CETERA ADVISORS LLC

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

SYNERGY INVESTMENT GROUP, LLC

SYNERGY INVESTMENT GROUP, LLC

WELLS FARGO CLEARING SERVICES, LLC

WELLS FARGO CLEARING SERVICES, LLC

PRUDENTIAL EQUITY GROUP, LLC

PRUDENTIAL EQUITY GROUP, LLC

WACHOVIA SECURITIES, INC.

CITIGROUP GLOBAL MARKETS INC.

Primary Firm SEC Registration

CETERA INVESTMENT ADVISERS LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 1/22/2001

Series 63

Date: 11/16/1998

SIE

Date: 10/1/2018

Series 7

Date: 8/26/1996

Series 24

Date: 5/27/2011

FINRA

Current Firm

CETERA INVESTMENT ADVISERS LLC

Contact information

SEC notice filing (53 States and Territories)

Documents

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

CETERA INVESTMENT ADVISERS LLC

TRUST BUT VERIFY

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