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GS

Glenn S. Schwalje

FINANCIAL SECURITY ADVISORY
Darien, IL
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CRD#: 2441501
GS

Professional summary


Glenn Scott Schwalje is a registered financial advisor currently at FINANCIAL SECURITY ADVISORY INC located in Darien, Illinois and MILLIMAN INVESTMENT MANAGEMENT SERVICES LLC located in Chicago, Illinois.

Glenn is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1994. Glenn has worked at 27 firms and has passed the Series 65, Series 63, Series 82TO, Series 99TO, Series 52TO, SIE, Series 3, Series 7, Series 10, Series 9, Series 30, Series 53, Series 27, Series 4 and Series 24 exams.

top-8-questions

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. Oyster Consulting, LLC.; investment related; Glen Allen VA; Compliance Consulting; Senior Consultant; start date May 2022; 160+ per month and all during trading hours. Provide securities compliance consulting to broker-dealers and registered investment advisors. 2. Milliman Investment Management Services, LLC; investment related; Chicago, IL; CCO; start date July 2022; 160+ per month and all during trading hours. Chief Compliance Officer for FINRA-registered Broker-Dealer. 3. Financial Security Management, Incorporated; investment related; Virginia Beach, VA; CCO; start date January 2024; 160+ per month and all during trading hours. Chief Compliance Officer for FINRA-registered Broker-Dealer. 4. Financial Security Advisory, Inc.; investment related; Virginia Beach, VA; CCO; start date January 2024; 160+ per month and all during trading hours. Chief Compliance Officer for SEC-registered Investment Adviser.

Blog Corner


CRS (Client Relationship Summary) - RIA


Click below to view Glenn Scott Schwalje'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

January 12, 2024 - Present

FINANCIAL SECURITY ADVISORY INC

RIA
CRD#: 110746
Darien, IL
Current

July 27, 2022 - Present

MILLIMAN INVESTMENT MANAGEMENT SERVICES LLC

Office #1: 71 S. Wacker Drive 31st Floor, Chicago, IL 60606
BD
CRD#: 292521
Chicago, IL
Current

January 12, 2024 - Present

FINANCIAL SECURITY MANAGEMENT, INCORPORATED

Office #1: 477 Viking Drive Suite 305, Virginia Beach, VA 23452
BD
CRD#: 43000
Virginia Beach, VA
Past

June 20, 2024 - August 15, 2024

JACKSON NATIONAL LIFE DISTRIBUTORS LLC

BD
CRD#: 40178
FRANKLIN, TN
Past

September 20, 2023 - November 18, 2024

MIAC CAPITAL MARKETS LLC

BD
CRD#: 172661
NEW YORK, NY
Past

May 1, 2023 - August 11, 2023

MIAC CAPITAL MARKETS LLC

BD
CRD#: 172661
NEW YORK, NY
Past

January 3, 2023 - June 6, 2023

LODAS SECURITIES, LLC

BD
CRD#: 313056
OVERLAND PARK, KS
Past

September 12, 2022 - August 25, 2023

UHLMANN INVESTMENT MANAGEMENT, L.L.C.

RIA
CRD#: 118025
Darien, IL
Past

July 15, 2022 - August 25, 2023

UHLMANN PRICE SECURITIES, LLC

BD
CRD#: 42854
SKOKIE, IL
Past

August 24, 2018 - September 20, 2021

WORLD EQUITY GROUP, INC.

BD
CRD#: 29087
ARLINGTON HEIGHTS, IL
Past

August 23, 2018 - September 20, 2021

WORLD EQUITY GROUP, INC.

RIA
CRD#: 29087
ARLINGTON HEIGHTS, IL
Past

May 7, 2013 - November 17, 2016

MPS-LORIA FINANCIAL PLANNERS,LLC

RIA
CRD#: 122866
BURR RIDGE, IL
Past

May 7, 2013 - October 4, 2016

LORIA FINANCIAL GROUP, LLC

BD
CRD#: 102360
BURR RIDGE, IL
Past

August 22, 2011 - May 6, 2013

IBS SECURITIES, LLC

BD
CRD#: 37921
VILLA PARK, IL
Past

June 30, 2011 - September 26, 2011

IMBB INVESTMENT ADVISORS

RIA
CRD#: 122301
INDIANAPOLIS, IN
Past

June 30, 2011 - October 21, 2011

INDIANA MERCHANT BANKING AND BROKERAGE CO., INC.

BD
CRD#: 16315
INDIANAPOLIS, IN
Past

May 4, 2010 - November 23, 2010

NORIBA INVESTING

BD
CRD#: 150981
WOODLAND HILLS, CA
Past

January 28, 2008 - May 21, 2009

ASH SECURITIES WHOLESALING, INC.

BD
CRD#: 37454
FORT WAYNE, IN
Past

November 1, 2007 - October 6, 2011

STONEWALL ADVISORS, INC.

RIA
CRD#: 122731
CHICAGO, IL
Past

August 14, 2007 - October 6, 2011

MEMPHIS CAPITAL

BD
CRD#: 8564
MEMPHIS, TN
Past

April 2, 2007 - July 24, 2007

MORGAN STANLEY & CO. LLC

RIA
CRD#: 8209
CHICAGO, IL
Past

April 2, 2007 - July 24, 2007

MORGAN STANLEY & CO. LLC

BD
CRD#: 8209
CHICAGO, IL
Past

March 2, 2007 - April 2, 2007

MORGAN STANLEY DW INC.

RIA
CRD#: 7556
CHICAGO, IL
Past

March 2, 2007 - April 2, 2007

MORGAN STANLEY DW INC.

BD
CRD#: 7556
CHICAGO, IL
Past

June 22, 2005 - April 27, 2006

ADVANCED EQUITIES, INC.

RIA
CRD#: 35545
CHICAGO, IL
Past

June 22, 2005 - April 27, 2006

ADVANCED EQUITIES, INC.

BD
CRD#: 35545
CHICAGO, IL
Past

October 20, 2004 - July 20, 2005

HOWE BARNES CAPITAL MANAGEMENT, INC.

RIA
CRD#: 110715
CHICAGO, IL
Past

August 5, 2002 - July 20, 2005

HOWE BARNES HOEFER & ARNETT, INC.

BD
CRD#: 2240
CHICAGO, IL
Past

July 2, 2001 - May 22, 2002

WELLS FARGO CLEARING SERVICES, LLC

RIA
CRD#: 19616
CHICAGO, IL
Past

May 11, 2001 - May 22, 2002

WELLS FARGO CLEARING SERVICES, LLC

BD
CRD#: 19616
ST. LOUIS, MO
Past

June 25, 1999 - March 30, 2001

OAK BROOK SECURITIES CORP.

BD
CRD#: 16886
OAKBROOK TERRACE, IL
Past

July 25, 1997 - December 23, 1997

PORTFOLIO MANAGEMENT, INC.

BD
CRD#: 19691
Past

January 13, 1994 - June 6, 1997

SECURITIES AMERICA, INC.

BD
CRD#: 10205
LAVISTA, NE

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".
FS
FINANCIAL SECURITY ADVISORY INC
FINANCIAL SECURITY ADVISORY INC

CRD#: 110746 / SEC#: 801-54496

RIA
Registered Investment Advisory firm - (5/15/1997 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
Illinois
(1/12/2024)
IAR
Illinois
(1/12/2024)
RR
Indiana
(7/27/2022)

Exams


State Security Law Exam
IAR
Series 65
Date: 10/26/1994
Uniform Investment Adviser Law Examination
State Security Law Exam
General Industry/Product Exam
RR
Series 82TO
Date: 5/1/2023
Limited Representative-Private Securities Offerings
General Industry/Product Exam
RR
Series 99TO
Date: 1/2/2023
Operations Professional Examination
General Industry/Product Exam
RR
Series 52TO
Date: 1/2/2023
Municipal Securities Representative Examination
General Industry/Product Exam
General Industry/Product Exam
RR
Series 3
Date: 12/29/2011
National Commodity Futures Examination
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
RR
Series 30
Date: 1/6/2012
NFA Branch Manager Examination
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA

Current Firm


FS
FINANCIAL SECURITY ADVISORY INC
FINANCIAL SECURITY ADVISORY INC

CRD#: 110746 / SEC#: 801-54496

RIA
Registered Investment Advisory firm - (5/15/1997 Approved)
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Contact information


Main Address
477 Viking Drive Suite 305, Virginia Beach, VA 23452
Mailing Address
Phone number
(757) 431-1414
Established
Firm type
Fiscal year end
# of Employees
41

SEC notice filing (26 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents


Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

FINANCIAL SECURITY ADVISORY, INC. PART 2A BROCHURE 09262024 (9/30/2024)

Regulatory assets under management


Total Number of Accounts2,904
AUM (Assets Under Management)$ 1,570,635,977

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


FINANCIAL SECURITY ADVISORY INC

CRD#: 110746Darien, IL

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