Richard S. Krug

SHORE POINT ADVISORS

Brielle, NJ 08730

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CRD#: 2432709

Professional summary

Richard Scott Krug is a registered financial advisor currently at SHORE POINT ADVISORS, LLC located in Brielle, New Jersey.

Richard is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1994. Richard has worked at 8 firms and has passed the Series 65, Series 63, Series 56, Series 25 and Series 7 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)Independent Insurance Agent; Non-investment related. Approx. 3 hrs spent per month during trading hours. (2)Atlantic Real Estate Brokers, Real Estate Agent; Non-investment related; started 11/2019. Approx. 3 hrs spent per month during trading hours.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Richard Scott Krug'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

August 6, 2019 - Present

SHORE POINT ADVISORS, LLC

Office #1: 402 Higgins Ave, Brielle, NJ 08730

RIA

CRD#: 296848

Brielle, NJ

Past

February 14, 2013 - August 6, 2014

QUASAR TRADING, LLC

CRD#: 151974

SAN JUAN, PR

Past

May 9, 2012 - December 21, 2012

LEGEND TRADING, LLC

CRD#: 150567

NEW YORK, NY

Past

April 27, 2006 - August 25, 2008

J.P. MORGAN SECURITIES LLC

CRD#: 79

NEW YORK, NY

Past

April 10, 2006 - April 28, 2006

INSTITUTIONAL DIRECT INC.

CRD#: 23019

NEW YORK, NY

Past

February 24, 2005 - February 6, 2006

WJB CAPITAL GROUP, INC.

CRD#: 37334

NEW YORK, NY

Past

April 27, 1999 - March 7, 2005

LEHMAN BROTHERS INC.

CRD#: 7506

NEW YORK, NY

Past

June 6, 1994 - May 19, 1995

FAM DISTRIBUTORS, INC.

CRD#: 4100

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".

SHORE POINT ADVISORS, LLC

JCL FINANCIAL, LLC | SHORE POINT ADVISORS, LLC | SHORE POINT ADVISORS

CRD#: 296848 / SEC#: 801-120441

RIA

Registered Investment Advisory firm - (3/5/2021 Approved)

Florida

Registered Investment Advisory firm - (3/22/2021 Terminated)

New Jersey

Registered Investment Advisory firm - (6/16/2021 Terminated)

New York

Registered Investment Advisory firm - (3/22/2021 Terminated)

Texas

Registered Investment Advisory firm - (3/22/2021 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

New Jersey
(8/6/2019)

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: 4/25/2019

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 12/28/2006

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 56

Date: 5/8/2012

Proprietary Trader Qualification Examination

General Industry/Product Exam

Series 25

Date: 2/29/2000

NYSE Trading Assistant Examination

General Industry/Product Exam

Series 7

Date: 6/3/1994

General Securities Representative Examination

Current Firm

SHORE POINT ADVISORS, LLC

JCL FINANCIAL, LLC | SHORE POINT ADVISORS, LLC | SHORE POINT ADVISORS

CRD#: 296848 / SEC#: 801-120441

RIA

Registered Investment Advisory firm - (3/5/2021 Approved)

Florida

Registered Investment Advisory firm - (3/22/2021 Terminated)

New Jersey

Registered Investment Advisory firm - (6/16/2021 Terminated)

New York

Registered Investment Advisory firm - (3/22/2021 Terminated)

Texas

Registered Investment Advisory firm - (3/22/2021 Terminated)

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Contact information

Main Address

402 Higgins Ave, Brielle, NJ 08730

Mailing Address

Phone number

(732) 876-3777

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (8 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

SHORE POINT ADVISORS, LLC DISCLOSURE BROCHURE (11/5/2025)

Regulatory assets under management

Total Number of Accounts	1,512
AUM (Assets Under Management)	$ 257,002,283

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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Richard S. Krug

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Richard Scott Krug's CRS (Customer Relationship Summary).

Certified licenses

Experience

QUASAR TRADING, LLC

LEGEND TRADING, LLC

J.P. MORGAN SECURITIES LLC

INSTITUTIONAL DIRECT INC.

WJB CAPITAL GROUP, INC.

LEHMAN BROTHERS INC.

FAM DISTRIBUTORS, INC.

Primary Firm SEC Registration

SHORE POINT ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 4/25/2019

Series 63

Date: 12/28/2006

Series 56

Date: 5/8/2012

Series 25

Date: 2/29/2000

Series 7

Date: 6/3/1994

Current Firm

SHORE POINT ADVISORS, LLC

Contact information

SEC notice filing (8 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

SHORE POINT ADVISORS, LLC

TRUST BUT VERIFY

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