Teresa I. Mcdermott

FORTIS ADVISORS

Wayne, PA 19087

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CRD#: 2043257

Professional summary

Teresa Iris Mcdermott, ChFC®, CLU® is a registered financial advisor currently at FORTIS ADVISORS, LLC located in Wayne, Pennsylvania.

Teresa is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1991. Teresa has worked at 10 firms and has passed the Series 63, SIE, Series 7, Series 6, Series 53 and Series 24 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.

INSURANCE BROKERAGE DBA FORTIS SOLUTIONS LLC, 1045 FIRST AVENUE, SUITE 120, KING OF PRUSSIA, PA 19406, INSURANCE, AGENT. START DATE: 9/16. APPROX. # HRS/MO: 40/M; HRS/MO DURING TRADING HOURS: 40/M. DUTIES: SALES AND SERVICE OF NON-REGISTERED INSURANCE PRODUCTS FOR MULTIPLE CARRIERS.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Teresa Iris Mcdermott'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®

ChFC^®

Chartered Financial Consultant

CLU^®

Chartered Life Underwriter

Experience

Current

August 17, 2018 - Present

FORTIS ADVISORS, LLC

Office #1: 656 E. Swedesford Road Suite 330, Wayne, PA 19087

RIA

CRD#: 164498

Wayne, PA

Past

May 3, 2013 - September 12, 2016

HORNOR, TOWNSEND & KENT, LLC

RIA

CRD#: 4031

CONSHOHOCKEN, PA

Past

January 16, 2013 - September 12, 2016

HORNOR, TOWNSEND & KENT, LLC

CRD#: 4031

CONSHOHOCKEN, PA

Past

April 13, 2012 - January 9, 2013

OSAIC FA, INC.

RIA

CRD#: 3978

CHERRY HILL, NJ

Past

April 13, 2012 - January 9, 2013

OSAIC FA, INC.

CRD#: 3978

CHERRY HILL, NJ

Past

August 19, 2011 - March 22, 2012

VALIC FINANCIAL ADVISORS, INC.

RIA

CRD#: 42803

BEDMINSTER, NJ

Past

August 19, 2011 - March 22, 2012

VALIC FINANCIAL ADVISORS, INC.

CRD#: 42803

BEDMINSTER, NJ

Past

June 30, 2010 - August 16, 2011

EAGLE STRATEGIES LLC

RIA

CRD#: 110826

KING OF PRUSSIA, PA

Past

April 27, 2010 - August 16, 2011

NYLIFE SECURITIES LLC

CRD#: 5167

KING OF PRUSSIA, PA

Past

July 2, 2003 - April 9, 2010

MML INVESTORS SERVICES, LLC

CRD#: 10409

BALA CYNWYD, PA

Past

September 7, 2001 - July 18, 2003

EGE ADVISORS, LTD.

RIA

CRD#: 113625

KING OF PRUSSIA, PA

Past

July 13, 2001 - June 6, 2003

EMERGING GROWTH EQUITIES, LTD.

CRD#: 47040

BRYN MAWR, PA

Past

January 27, 1998 - July 24, 2001

INVESTEC INC.

CRD#: 18553

NEW YORK, NY

Past

October 10, 1991 - January 30, 1998

MML INVESTORS SERVICES, LLC

CRD#: 10409

SPRINGFIELD, 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".

FORTIS ADVISORS, LLC

CRD#: 164498 / SEC#: 801-80177

RIA

Registered Investment Advisory firm - (8/26/2014 Approved)

Pennsylvania

Registered Investment Advisory firm - (9/4/2014 Terminated)

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).

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

Pennsylvania
(8/17/2018)

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

Series 63

Date: 8/1/1995

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 9/12/2016

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 12/27/1991

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 4/18/1990

Investment Company Products/Variable Contracts Representative Examination

Principal/Supervisory Exam

Series 53

Date: 9/15/2009

Municipal Securities Principal Examination

Principal/Supervisory Exam

Series 24

Date: 6/20/1996

General Securities Principal Examination

Current Firm

FORTIS ADVISORS, LLC

CRD#: 164498 / SEC#: 801-80177

RIA

Registered Investment Advisory firm - (8/26/2014 Approved)

Pennsylvania

Registered Investment Advisory firm - (9/4/2014 Terminated)

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Contact information

Main Address

656 E. Swedesford Road Suite 330, Wayne, PA 19087

Mailing Address

P.o. Box 276, Wayne, PA 19087

Phone number

(610) 313-0910

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (4 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

FORTIS ADVISORS ADV PART 2A_03282025 (3/28/2025)

Regulatory assets under management

Total Number of Accounts	336
AUM (Assets Under Management)	$ 508,437,827

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
10/27/2025	Cover Page	Report
01/24/2025	Cover Page	Report
03/29/2024	Cover Page	Report
12/22/2022	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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Advisor Monitoring

Firm Stability Insights

Teresa I. Mcdermott

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Teresa Iris Mcdermott's CRS (Customer Relationship Summary).

Certified licenses

Experience

HORNOR, TOWNSEND & KENT, LLC

HORNOR, TOWNSEND & KENT, LLC

OSAIC FA, INC.

OSAIC FA, INC.

VALIC FINANCIAL ADVISORS, INC.

VALIC FINANCIAL ADVISORS, INC.

EAGLE STRATEGIES LLC

NYLIFE SECURITIES LLC

MML INVESTORS SERVICES, LLC

EGE ADVISORS, LTD.

EMERGING GROWTH EQUITIES, LTD.

INVESTEC INC.

MML INVESTORS SERVICES, LLC

Primary Firm SEC Registration

FORTIS ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 8/1/1995

SIE

Date: 9/12/2016

Series 7

Date: 12/27/1991

Series 6

Date: 4/18/1990

Series 53

Date: 9/15/2009

Series 24

Date: 6/20/1996

Current Firm

FORTIS ADVISORS, LLC

Contact information

SEC notice filing (4 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

FORTIS ADVISORS, LLC

TRUST BUT VERIFY

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