Russell E. Herman

KESTRA ADVISORY SERVICES

Boca Raton, FL 33431

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CRD#: 243857

Professional summary

Russell Edwin Herman is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Boca Raton, Florida and KESTRA INVESTMENT SERVICES, LLC located in Boca Raton, Florida.

Russell is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1970. Russell has worked at 18 firms and has passed the Series 63, Series 7TO, SIE, PC, Series 15, Series 5, Series 1, Series 10 and Series 9 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.

Business Name: WEALTH EMPOWERMENT FINANCIAL POS: none NOB: Insurance INV REL: Yes NUMBER OF HOURS: 165 SECURITIES TRADING HOURS: 32 START DATE: 10/01/2024 ADDRESS: 2424 n federal hwy, 400, Boca Raton FL 33324 DESC: none Business Name: KESTRA ADVISORY SERVICES POS: IAR NOB: Investment advisory services through Kestra Advisory Services, LLC INV REL: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 130 START DATE: 10/01/2024 ADDRESS: 5707 Southwest Parkway, Building 2, Suite 400, Austin TX 78735 DESC: IAR

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Russell Edwin Herman'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

October 3, 2024 - Present

KESTRA ADVISORY SERVICES, LLC

Office #1: 2424 N Federal Hwy, Ste 400, Boca Raton, FL 33431

RIA

CRD#: 283330

Boca Raton, FL

Current

October 1, 2024 - Present

KESTRA INVESTMENT SERVICES, LLC

Office #1: 2424 North Federal Highway Suite 400, Boca Raton, FL 33431

CRD#: 42046

Boca Raton, FL

Past

July 22, 2022 - October 30, 2024

B. RILEY WEALTH MANAGEMENT

CRD#: 2543

BOCA RATON, FL

Past

April 17, 2019 - October 30, 2024

B. RILEY WEALTH ADVISORS, INC.

RIA

CRD#: 115927

BOCA RATON, FL

Past

April 10, 2019 - July 22, 2022

NATIONAL SECURITIES CORPORATION

CRD#: 7569

BOCA RATON, FL

Past

March 5, 2013 - March 4, 2019

UBS FINANCIAL SERVICES INC.

RIA

CRD#: 8174

AVENTURA, FL

Past

February 27, 2013 - March 4, 2019

UBS FINANCIAL SERVICES INC.

CRD#: 8174

AVENTURA, FL

Past

June 1, 2009 - March 11, 2013

MORGAN STANLEY

RIA

CRD#: 149777

AVENTURA, FL

Past

June 1, 2009 - March 11, 2013

MORGAN STANLEY

CRD#: 149777

AVENTURA, FL

Past

December 15, 1994 - June 1, 2009

CITIGROUP GLOBAL MARKETS INC.

RIA

CRD#: 7059

AVENTURA, FL

Past

December 8, 1994 - June 1, 2009

CITIGROUP GLOBAL MARKETS INC.

CRD#: 7059

AVENTURA, FL

Past

May 26, 1989 - December 15, 1994

PRUDENTIAL EQUITY GROUP, LLC

CRD#: 7471

NEW YORK, NY

Past

December 5, 1984 - July 13, 1989

DREXEL BURNHAM LAMBERT INCORPORATED

CRD#: 7323

Past

September 22, 1980 - November 30, 1984

THOMSON MCKINNON SECURITIES INC.

CRD#: 829

Past

November 26, 1979 - October 19, 1980

LEHMAN BROTHERS INC.

CRD#: 7506

Past

January 18, 1978 - November 26, 1979

LOEB PARTNERS

CRD#: 7534

Past

January 4, 1977 - January 18, 1978

LOEB RHOADES & CO. INC.

CRD#: 7502

Past

September 19, 1974 - January 4, 1977

LOEB, RHOADES & CO. INC.

CRD#: 525

Past

February 6, 1974 - October 4, 1974

E. F. HUTTON & COMPANY INC

CRD#: 235

Past

July 2, 1973 - March 9, 1974

DUPONT WALSTON, INCORPORATED

CRD#: 870

Past

August 13, 1970 - July 2, 1973

DUPONT GLORE FORGAN INCORPORATED

CRD#: 1000002

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".

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.

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

Arizona
(10/1/2024)

California
(10/1/2024)

Florida
(10/1/2024)

IAR

Florida
(10/3/2024)

Maryland
(10/1/2024)

New York
(10/1/2024)

Pennsylvania
(10/17/2024)

Virginia
(10/1/2024)

Washington
(10/31/2024)

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. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

Series 63

Date: 6/17/1983

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7TO

Date: 1/2/2023

General Securities Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

PC

Date: 5/30/1984

AMEX Put and Call Exam

General Industry/Product Exam

Series 15

Date: 11/22/1982

Foreign Currency Options Examination

General Industry/Product Exam

Series 5

Date: 10/23/1981

Interest Rate Options Examination

General Industry/Product Exam

Series 1

Date: 4/5/1969

Registered Representative Examination

Principal/Supervisory Exam

Series 10

Date: 1/14/2002

General Securities Sales Supervisor - General Module Examination

Principal/Supervisory Exam

Series 9

Date: 10/16/2001

General Securities Sales Supervisor - Options Module Examination

SRO Registrations

FINRA

Current Firm

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)

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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)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

KESTRA ADVISORY SERVICES, LLC BROCHURE (RETAIL CLIENTS) (10/21/2025)

KESTRA ADVISORY SERVICES, LLC BROCHURE (WRAP FEE PROGRAM) (10/21/2025)

KESTRA ADVISORY SERVICES, LLC BROCHURE (PLAN CLIENTS) (10/21/2025)

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	Cover Page	Report
10/20/2023	Cover Page	Report
12/21/2022	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

Russell E. Herman

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Russell Edwin Herman's CRS (Customer Relationship Summary).

Certified licenses

Experience

KESTRA INVESTMENT SERVICES, LLC

B. RILEY WEALTH MANAGEMENT

B. RILEY WEALTH ADVISORS, INC.

NATIONAL SECURITIES CORPORATION

UBS FINANCIAL SERVICES INC.

UBS FINANCIAL SERVICES INC.

MORGAN STANLEY

MORGAN STANLEY

CITIGROUP GLOBAL MARKETS INC.

CITIGROUP GLOBAL MARKETS INC.

PRUDENTIAL EQUITY GROUP, LLC

DREXEL BURNHAM LAMBERT INCORPORATED

THOMSON MCKINNON SECURITIES INC.

LEHMAN BROTHERS INC.

LOEB PARTNERS

LOEB RHOADES & CO. INC.

LOEB, RHOADES & CO. INC.

E. F. HUTTON & COMPANY INC

DUPONT WALSTON, INCORPORATED

DUPONT GLORE FORGAN INCORPORATED

Primary Firm SEC Registration

KESTRA ADVISORY SERVICES, LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 6/17/1983

Series 7TO

Date: 1/2/2023

SIE

Date: 10/1/2018

PC

Date: 5/30/1984

Series 15

Date: 11/22/1982

Series 5

Date: 10/23/1981

Series 1

Date: 4/5/1969

Series 10

Date: 1/14/2002

Series 9

Date: 10/16/2001

FINRA

Current Firm

KESTRA ADVISORY SERVICES, LLC

Contact information

SEC notice filing (53 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

KESTRA ADVISORY SERVICES, LLC

TRUST BUT VERIFY

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