Richard Cerminara

SILVER GROVE ADVISORY SERVICES

Saranac Lake, NY

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CRD#: 1743304

Professional summary

Richard Cerminara SR, who also goes by Richard Cerminara, Rick Cerminara Sr, is a registered financial advisor currently at SILVER GROVE ADVISORY SERVICES located in Saranac Lake, New York.

Richard is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1987. Richard has worked at 7 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Richard Cerminara | Rick Cerminara Sr

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) LIFE ANDM LTC INSURANCE, ANNUITIES POSITION: SALES NATURE: INSURANCE SALES INVESTMENT RELATED: NO HOURS: 15 INVESTMENT RELATED HOURS: 15 START DATE: 09/21/1987 ADDRESS: 116 KIWASSA R, SARANAC LAKE NY 12983 DESCRIPTION: FACT FIND WITH PROSPECTIVE CLIENTS TO DETERINE VARIOUS INSURANCE NEED AND PRESENT OPTIONS THAT CAN MEET THE NEEDS. 2) RENTAL PROPERTY POSITION: OWNER NATURE: RESIDENTIAL RENTAL INVESTMENT RELATED: NO NUMBER OF HOURS: 2 INVESTMENT RELATED HOURS: 0 START DATE: 03/01/1997 ADDRESS: 116 KIWASSA RD, APT 1, SARANAC LAKE NY 12983 DESCRIPTION: I RENT AN APPARTMENT IN THE BUILDING I OWN. 3) An independent rep for United Healthcare. 4) RCIS LLC, current IAR. No commissions/fee only. Insurance licensed in NY, a sales rep for United Healthcare, approx $3000-$5000 commission annually . Independent rep for AIB Ins Broker, approx. $2000-$5000 commission annually. I own a building with with my wife which we rent one apartment approx $9300 annually.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Richard Cerminara SR'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

November 23, 2021 - Present

SILVER GROVE ADVISORY SERVICES

RIA

CRD#: 287512

Saranac Lake, NY

Past

February 14, 2021 - December 10, 2021

RICHARD CERMINARA INVESTOR SERVICES, LLC

RIA

CRD#: 311072

SARANAC LAKE, NY

Past

September 30, 2016 - December 31, 2020

GWN SECURITIES INC.

RIA

CRD#: 128929

SARANAC LAKE, NY

Past

January 3, 2005 - December 31, 2020

GWN SECURITIES INC.

CRD#: 128929

SARANAC LAKE, NY

Past

February 7, 2003 - December 31, 2004

PMG SECURITIES CORPORATION

CRD#: 27107

ELGIN, IL

Past

April 24, 2000 - February 5, 2003

OSAIC WEALTH, INC.

CRD#: 23131

SCOTTSDALE, AZ

Past

October 6, 1997 - April 25, 2000

PMG SECURITIES CORPORATION

CRD#: 27107

ELGIN, IL

Past

November 16, 1987 - May 1, 1997

JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY

CRD#: 5181

BOSTON, MA

Past

November 16, 1987 - October 6, 1997

SIGNATOR INVESTORS, INC.

CRD#: 468

BOSTON, MA

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".

SILVER GROVE ADVISORY SERVICES

SIGNATURE SOLUTIONS FINANCIAL GROUP, LLC | TURNING TIDES FINANCIAL, LLC | SILVER GROVE FINANCIAL GROUP, INC. | SILVER GROVE ADVISORY SERVICES

CRD#: 287512 / SEC#: 801-110045

RIA

Registered Investment Advisory firm - (3/9/2017 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.

Highlighted states indicate IAR registrations

IAR

New York
(11/23/2021)

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: 7/21/2014

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 11/12/1987

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: 10/19/2001

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 11/12/1987

Investment Company Products/Variable Contracts Representative Examination

Current Firm

SILVER GROVE ADVISORY SERVICES

SIGNATURE SOLUTIONS FINANCIAL GROUP, LLC | TURNING TIDES FINANCIAL, LLC | SILVER GROVE FINANCIAL GROUP, INC. | SILVER GROVE ADVISORY SERVICES

CRD#: 287512 / SEC#: 801-110045

RIA

Registered Investment Advisory firm - (3/9/2017 Approved)

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Contact information

Main Address

400 Sterling Drive, Orchard Park, NY 14127

Mailing Address

Phone number

(716) 800-4291

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (11 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

SILVER GROVE FORM ADV PART 2A (3/20/2025)

SILVER GROVE FORM ADV WRAP FEE BROCHURE (3/20/2025)

Regulatory assets under management

Total Number of Accounts	2,582
AUM (Assets Under Management)	$ 326,596,386

Red Flags

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Check for any disclosures as part of your thorough research when choosing an advisor.

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Richard Cerminara

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Richard Cerminara SR's CRS (Customer Relationship Summary).

Certified licenses

Experience

RICHARD CERMINARA INVESTOR SERVICES, LLC

GWN SECURITIES INC.

GWN SECURITIES INC.

PMG SECURITIES CORPORATION

OSAIC WEALTH, INC.

PMG SECURITIES CORPORATION

JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY

SIGNATOR INVESTORS, INC.

Primary Firm SEC Registration

SILVER GROVE ADVISORY SERVICES

State Registrations and Notice Filings

Exams

Series 65

Date: 7/21/2014

Series 63

Date: 11/12/1987

SIE

Date: 10/1/2018

Series 7

Date: 10/19/2001

Series 6

Date: 11/12/1987

Current Firm

SILVER GROVE ADVISORY SERVICES

Contact information

SEC notice filing (11 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

SILVER GROVE ADVISORY SERVICES

TRUST BUT VERIFY

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