Scott R. Cohen
KESTRA ADVISORY SERVICES | Principal, Founder, CEO
DALLAS, TX 75248
Some features on this profile are disabled
CRD#: 2400506
Professional summary
Scott Ryan Cohen, CFP® is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Dallas, Texas and KESTRA INVESTMENT SERVICES, LLC located in Dallas, Texas.
Scott is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1994. Scott has worked at 4 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.
Biography
As principal and founder of CD Wealth Management, Scott Cohen leads the firm with the belief that the interest of his clients always comes first. Scott specializes in financial consulting for individuals, not-for-profits and privately held companies, with an emphasis on asset management, estate planning and retirement planning.
Growing up in Dallas, Scott saw that the family company, Waldman Bros, was a Dallas institution—one that he wanted to join. Following his graduation from University of Texas at Austin with a degree in economics, Scott learned more about the financial industry while working for an outside firm, quickly developing expertise and expanding his list of clients.
In 1995, Scott combined his leadership skills, financial intuitiveness and hard work ethic to create and build one of the most trusted and respected areas of Waldman Bros and continues to build on that legacy at CD Wealth. With the innate ability to understand clients’ wants, needs and goals, Scott is a passionate advocate for each client as he develops a strategy dependent on his/her unique situation. He is a confident and trusted advisor who loves working and helping others.
Scott is a past chairman of the board of the Aaron Family Jewish Community Center. He is a dedicated volunteer who firmly believes in giving back to the community and helping others — from serving on the boards of civic organizations to participating in hands-on service projects. Scott is an avid golfer and loves spending time traveling with his wife and three daughters.
Question & Answer
What are your service offerings?
Trust & estate planning
Institutional consulting
Philanthropic services
Executive services/Equity comp...
Trading individual securities
Financial planning
Retirement planning
What is your current number of clients?
Greater than 100
What is your minimum asset requirement?
1M
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.
Bus Name: Jewish Community Center Investment Related: No Address: 7200 Northaven Road Dallas TX 75230 Nature of Business: Community/Charitable/Civic Position, Title or Relationship: Member Start Date: 7/1/2005 Hours per month: 0% - 10% (0 - 16 hours) Hours per month during trading hours: 0% - 10% (0 - 14 hours) Duties: As a past Chair, I will have very little duties outside of fundraising. Bus Name: CD Wealth Management, LLC Investment Related: Yes Address: 16400 Dallas Parkway, #310 Dallas TX 75248 Nature of Business: Registered Rep Activities through Kestra Investment Services, LLC using a DBA name; Insurance; Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: Owner Start Date: 7/1/2014 Hours per month: 100%+ (More than 160 hours) Hours per month during trading hours: 91% - 100% (127 - 140 hours) Duties: Oversee the firm and work closely with my clients and employees in the financial planning and implementation and advisory process Bus Name: Insurance Sales Investment Related: Yes Address: 16400 Dallas Parkway, #310 Dallas TX 75248 Nature of Business: Registered Rep Activities through Kestra Investment Services, LLC using a DBA name; Insurance; Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: Owner Start Date: 6/30/2014 Hours per month: 100%+ (More than 160 hours) Hours per month during trading hours: 91% - 100% (127 - 140 hours) Duties: My duties are to oversee the company My duties are to be a Financial Planner for my clients Bus Name: Kestra Advisory Services, LLC Investment Related: Yes Address: 5707 Southwest Parkway Building 2, Suite 400 Austin TX 78735 Nature of Business: Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: Investment Advisor Representative Start Date: 4/4/2016 Hours per month: Up to 100% (0 to 160 hours) Hours per month during trading hours: Up to 100% (0 to 160 hours) Duties: Investment advisory services Bus Name: RBHSC, LLC POSITION: Member NATURE: Real Estate INVESTMENT RELATED: Yes # OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 10/07/2022 ADDRESS: 16400 Dallas Parkway, #310, Dallas TX 75248, United States DESCRIPTION: None Bus Name: AB OWLS TEXAS POSITION: member NATURE: Investment into a European Soccer Club INVESTMENT RELATED: No # OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 07/26/2023 ADDRESS: 8226 Douglas Ave, #550, Dallas TX 75225 DESCRIPTION: This entity will not do any other passive investments outside of the Five Castles Football Group. I understand the following conditions: 1. If any passive investments or other OBAs are owned by the LLC, those must also be separately disclosed.2. No change in ownership or ownership structure can be made without prior written approval from Kestra Investment Services.3. Adding additional investments is a material change that requires prior notification to and approval from Kestra IS. Bus Name: COHEN 5, LLC, A COLORADO LIMITED LIABILITY COMPANY POSITION: Manager NATURE: Real Estate INVESTMENT RELATED: Yes # OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 04/01/2025 ADDRESS: 10224 Epping Lane, Dallas TX 75229, United States DESCRIPTION: I am responsible for making sure the real estate is purchased, the bank loan is secured for the build and then distributing the monies after the sale we can close the LLC. Bus Name: HOOK'EM COHEN, LLC, A COLORADO LIMITED LIABILITY COMPANY POSITION: member and Manager of LLC NATURE: Real Estate INVESTMENT RELATED: Yes # OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 04/01/2025 ADDRESS: 10224 Epping Lane, Dallas TX 75229, United States DESCRIPTION: manager, My duties are to fund the cost of the build and secure the construction loan.
CRS (Client Relationship Summary) - RIA
Click below to view Scott Ryan Cohen'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®
CFP®
Start date: 2006
Education
Economics
1989 - 1993
2004 - 2005
High School Diploma
1986 - 1989
Experience
Current
April 19, 2016 - Present
KESTRA ADVISORY SERVICES, LLC
Office #1: 16400 Dallas Parkway Suite 310, Dallas, TX 75248RIA
CRD#: 283330
DALLAS, TX
Current
June 12, 2003 - Present
KESTRA INVESTMENT SERVICES, LLC
Office #1: 16400 Dallas Parkway Suite 310, Dallas, TX 75248BD
CRD#: 42046
Dallas, TX
Past
June 12, 2003 - September 22, 2016
KESTRA INVESTMENT SERVICES, LLC
RIA
CRD#: 42046
DALLAS, TX
Past
July 12, 2000 - July 1, 2003
VERAVEST INVESTMENT ADVISORS, INC.
RIA
CRD#: 105796
DALLAS, TX
Past
January 1, 1994 - June 20, 2003
VERAVEST INVESTMENTS, INC.
BD
CRD#: 3960
WORCESTER, 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".
KA
KESTRA ADVISORY SERVICES, LLC
KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC
CRD#: 283330 / SEC#: 801-56126
RIA
Registered Investment Advisory firm - (12/31/1998 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.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
Alabama(1/8/2015)
RR
Alaska(1/11/2018)
RR
Arizona(10/23/2006)
RR
Arkansas(12/14/2023)
RR
California(6/25/2003)
RR
Colorado(6/25/2003)
RR
District of Columbia(6/25/2003)
RR
Florida(6/12/2003)
RR
Georgia(4/25/2023)
RR
Illinois(6/12/2003)
RR
Indiana(10/17/2007)
RR
Kansas(1/19/2023)
RR
Louisiana(7/7/2003)
RR
Maryland(6/25/2003)
RR
Massachusetts(10/17/2007)
RR
Michigan(5/31/2019)
RR
Minnesota(12/5/2023)
RR
Missouri(7/2/2018)
RR
New Hampshire(2/5/2010)
RR
New Jersey(1/27/2022)
RR
New Mexico(3/27/2020)
RR
New York(6/12/2003)
RR
North Carolina(6/2/2017)
RR
Ohio(7/18/2012)
RR
Oklahoma(11/9/2020)
RR
Oregon(2/6/2009)
RR
Pennsylvania(3/30/2006)
RR
South Carolina(1/11/2018)
RR
Tennessee(11/6/2019)
RR
Texas(6/12/2003)
IAR
Texas(4/19/2016)
RR
Vermont(7/9/2025)
RR
Virginia(4/25/2023)
RR
Washington(4/27/2023)
RR
Wyoming(1/11/2018)
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
KA
KESTRA ADVISORY SERVICES, LLC
KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC
CRD#: 283330 / SEC#: 801-56126
RIA
Registered Investment Advisory firm - (12/31/1998 Approved)Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
Contact information
Main Address
5707 Southwest Parkway Building 2, Suite 400, Austin, TX 78735
Mailing Address
Phone number
(844) 553-7872
Established
Firm type
Fiscal year end
# of Employees
1,299
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 155,482 |
| AUM (Assets Under Management) | $ 60,174,309,829 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 12/23/2024 | ||
| 10/20/2023 | ||
| 12/21/2022 |
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.
Company Information
KESTRA ADVISORY SERVICES, LLC
Principal, Founder, CEOCRD#: 283330Dallas, TX 75248TRUST BUT VERIFY
Monitor Scott Cohen
Get automatic monthly alerts on:Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates
Contact information
(xxx) xxx-xxxx
xxxxx@xxxx.xxx
