DU
David J. Ungaro
SOVEREIGN ASSET MANAGEMENT
Amherst, NY 14226
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CRD#: 2057015
DU
Professional summary
David Joseph Ungaro is a registered financial advisor currently at SOVEREIGN ASSET MANAGEMENT located in Amherst, New York and LPL FINANCIAL LLC located in Amherst, New York.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1990. David has worked at 5 firms and has passed the Series 66, Series 63, SIE, Series 7 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.
1- 07/2025 - Priority Financial Group - Non-Variable Insurance - Broker - Investment Related - At Reported Business Location(s) - Start Date 07/15/2013 - 2 hours per month/ 0 hours during trading 2- 07/2025 - The Money Men Inc - Business Entity For Tax/Investment Purposes Only - Not Investment Related - At Reported Business Location(s) - Start Date 01/05/2010 - 5 hours per month/ 0 hours during trading 3- 08/13/2025 - Sovereign Asset Management - Registered Investment Advisor Hybrid - IAR - Investment Related - At Reported Business Location(s) - Start Date 06/28/2016 - 155 hours per month/ 20 hours during trading - I provide investment advisory services through Sovereign Asset Management, an independent investment advisor firm. I started this business activity in 06/2016. I expect to spend approximately 155 hours per month on this activity. Please see the advisory firm's Form ADV for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial.
CRS (Client Relationship Summary) - RIA
Click below to view David Joseph Ungaro'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
August 18, 2017 - Present
SOVEREIGN ASSET MANAGEMENT
Office #1: 4043 Maple Road Suite 210a, Amherst, NY 14226RIA
CRD#: 285103
Amherst, NY
Current
July 10, 2025 - Present
LPL FINANCIAL LLC
Office #1: 4043 Maple Road Suite 210 A, Amherst, NY 14226RIA
BD
CRD#: 6413
AMHERST, NY
Past
October 6, 2014 - May 22, 2025
NEXT FINANCIAL GROUP, INC.
RIA
CRD#: 46214
AMHERST, NY
Past
May 13, 2008 - July 10, 2025
NEXT FINANCIAL GROUP, INC.
BD
CRD#: 46214
AMHERST, NY
Past
May 15, 1990 - July 9, 2007
METROPOLITAN LIFE INSURANCE COMPANY
BD
CRD#: 4095
WILLIAMSVILLE, NY
Past
May 15, 1990 - May 14, 2008
MSI FINANCIAL SERVICES, INC.
BD
CRD#: 14251
WILLIAMSVILLE, 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".
SA
SOVEREIGN ASSET MANAGEMENT
PRIORITY FINANCIAL GROUP | THE MONEY MEN, INC. | SOVEREIGN ASSET MANAGEMENT
CRD#: 285103 / SEC#: 801-112498
RIA
Registered Investment Advisory firm - (2/21/2018 Approved)New York
Registered Investment Advisory firm - (5/2/2018 Terminated)Texas
Registered Investment Advisory firm - (12/26/2018 Terminated)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.RR
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
RR
Arizona(7/10/2025)
RR
Florida(7/10/2025)
RR
Indiana(7/10/2025)
RR
Kentucky(7/10/2025)
RR
Massachusetts(11/12/2025)
IAR
New York(3/20/2021)
RR
New York(7/10/2025)
IAR
Texas(8/18/2017)
RR
Texas(7/10/2025)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
SA
SOVEREIGN ASSET MANAGEMENT
PRIORITY FINANCIAL GROUP | THE MONEY MEN, INC. | SOVEREIGN ASSET MANAGEMENT
CRD#: 285103 / SEC#: 801-112498
RIA
Registered Investment Advisory firm - (2/21/2018 Approved)New York
Registered Investment Advisory firm - (5/2/2018 Terminated)Texas
Registered Investment Advisory firm - (12/26/2018 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
4043 Maple Road, Suite 210 A, Amherst, NY 14226
Mailing Address
Phone number
(716) 768-1463
Established
Firm type
Fiscal year end
# of Employees
2
SEC notice filing (3 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 683 |
| AUM (Assets Under Management) | $ 150,571,000 |
Red Flags
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Company Information
SOVEREIGN ASSET MANAGEMENT
CRD#: 285103Amherst, NY 14226TRUST BUT VERIFY
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