FO
Francis L. Ostrom
DAVIE KAPLAN WEALTH CARE ADVISORS
ROCHESTER, NY 14618
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CRD#: 2473763
FO
Professional summary
Francis L Ostrom III, CFP® is a registered financial advisor currently at DAVIE KAPLAN WEALTH CARE ADVISORS, LLC located in Rochester, New York and CETERA INVESTMENT ADVISERS LLC located in Rochester, New York.
Francis is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1994. Francis has worked at 9 firms and has passed the Series 63, SIE, Series 7 and Series 6 exams.
Question & Answer
What are your service offerings?
Business Succession Planning
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) DKCB FINANCIAL ADVISORS LLC POSITION: RIA NATURE: REFER HIGH NET WORTH CLIENTS TO RIA AS APPLICABLE - SECURITY RELATED BUSINESS INVESTMENT RELATED: YES NUMBER OF HOURS: 8 SECURITIES TRADING HOURS: 0 START DATE: 12/02/2013 ADDRESS: ROCHESTER NY 14614 DESCRIPTION: IND RIA; REFERRING ONLY; REFER HIGH NET WORTH CLIENTS TO RIA AS APPLICABLE 2) DAVIE KAPLAN WEALTH CARE ADVISORS (INSURANCE) POSITION: ADVISOR NATURE: SEPARATE RIA FOR THE PURPOSES OF THIRD PARTY ASSET MANAGEMENT AND INSURANCE INVESTMENT RELATED: YES NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 12/02/2013 ADDRESS: 1000 FIRST FEDERAL PLAZA, ROCHESTER NY 14614 DESCRIPTION: CONDUCTS INSURANCE SALES/REFERRALS 3) DAVIE KAPLAN WEALTH CARE ADVISORS, LLC (RIA) POSITION: RIA, NATURE: FINANCIAL PLANNING, INVESTMENT RELATED: YES NUMBER OF HOURS: 120 SECURITIES TRADING HOURS: 5 START DATE: 06/30/2014 ADDRESS: , ROCHESTER NY 14614 DESCRIPTION: AS THE DIRECTOR OF FINANCIAL SERVICES, I COORDINATE THE SALES, MARKETING AND ONGOING CLIENT SERVICING OF DAVIE KAPLAN WEALTH CARE ADVISORS, LLC 4) ROCHESTER ROTARY CHARITABLE TRUST INVESTMENT COMMITTEE POSITION: INVESTMENT COMMITTEE MEMBER NATURE: THE ROCHESTER ROTARY CHARITABLE TRUST OVERSEES THE MANAGEMENT OF AND FINANCES FOR THE ROTARY SUNSHINE CAMPUS. FOR 90 YEARS, ROCHESTER ROTARY HAS OFFERED A SUMMER CAMPING PROGRAM FOR YOUNG PEOPLE WITH DISABILITIES, CALLED SUNSHINE CAMP, AND HAS BEEN SPREADING SUNSHINE TO THOUSANDS OF CAMPERS IN THE ROCHESTER COMMUNITY. INVESTMENT RELATED: NO NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 07/01/2019 ADDRESS: 180 LINDEN OAKS, SUITE 200, ROCHESTER NY 14625 DESCRIPTION: A MEMBER ROCHESTER ROTARY CHARITABLE TRUST INVESTMENT COMMITTEE. RESPONSIBILITY TO ATTEND MEETINGS CALLED BY THE COMMITTEE CHAIRPERSON. 5) AUDIT COMMITTEE MEMBER, ROCHESTER ROTARY CHARITABLE TRUST POSITION: AUDIT COMMITTEE MEMBER NATURE: PARTICIPATE ON COMMITTEE WITH TWO OTHER PROFESSIONALS TO PROVIDE OVERSIGHT TO THE REVIEW OF FINANCIAL STATEMENTS PREPARED BY INDEPENDENT AUDITORS OF THE ROCHESTER ROTARY CHARITABLE TRUST INVESTMENT RELATED: NO NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 03/18/2021 ADDRESS: 180 LINDEN OAKS, SUITE 200, ROCHESTER NY 14625, DESCRIPTION: TO PROVIDE OVERSIGHT OF MANAGEMENT'S CONDUCT OF THE ROCHESTER ROTARY CHARITABLE TRUSTS' FINANCIAL REPORTING PROCESS 6) ADMINISTRATOR OF ESTATE OF LORETTA E. KELLEHER POSITION: ADMINISTRATOR NATURE: ADMINISTRATOR OF ESTATE OF LORETTA E. KELLEHER. LORETTA WAS AN AUNT OF MINE AND MY MOTHER'S SISTER. MY MOTHER, BARBARA K. OSTROM (DECEASED: 01/10/2022) WAS THE ONLY REMAINING SIBLING OF LORETTA BEFORE HER DEATH. INVESTMENT RELATED: NO NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 2 START DATE: 07/31/2023 ADDRESS: 102 BROADMOOR TRAIL, FAIRPORT NY 14450 DESCRIPTION: MY RESPONSIBILITIES WILL BE TO DETERMINE WHAT IF ANY ASSETS AND LIABILITIES LORETTA MAY HAVE HAD PRIOR TO HER PASSING AND TO ACCOUNT FOR THIS TO THE SURROGATE JUDGE IN NASSAU COUNTY, NY. 7)ROCHESTER ROTARY CHARITABLE TRUST POSITION: BOARD MEMBER NATURE: TO ATTEND BOARD MEETINGS AND DISCUSS KEY BUSINESS ISSUES THAT IMPACT THE ROCHESTER ROTARY CHARITABLE TRUST DAILY OPERATIONS INVESTMENT RELATED: NO NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 06/19/2024 ADDRESS: 180 LINDEN OAKS, SUITE 200, ROCHESTER NY 14625 DESCRIPTION: AS A CHARITABLE TRUST BOARD MEMBER, I WILL JOIN THE OTHER BOARD MEMBERS REVIEWING QUARTERLY FINANCIAL REPORTS, MONTHLY INITIATIVES, ANNUAL PROGRAMS AND OTHER DISCUSSIONS THAT IMPACT THE ROCHESTER ROTARY CHARITABLE TRUST.
CRS (Client Relationship Summary) - RIA
Click below to view Francis L Ostrom III'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: 1987
Experience
Current
June 21, 2021 - Present
DAVIE KAPLAN WEALTH CARE ADVISORS, LLC
Office #1: 100 Meridian Centre Blvd. Suite 200, Rochester, NY 14618RIA
CRD#: 140436
ROCHESTER, NY
Current
September 5, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 100 Meridian Centre Blvd Suite 200, Rochester, NY 14618RIA
CRD#: 105644
ROCHESTER, NY
Current
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 100 Meridian Centre Blvd Suite 200, Rochester, NY 14618BD
CRD#: 13572
ROCHESTER, NY
Past
October 24, 2023 - September 5, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
ROCHESTER, NY
Past
October 25, 2019 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
ROCHESTER, NY
Past
December 10, 2013 - October 25, 2019
1ST GLOBAL CAPITAL CORP.
BD
CRD#: 30349
ROCHESTER, NY
Past
October 1, 2003 - November 27, 2013
ENSEMBLE FINANCIAL SERVICES, INC.
BD
CRD#: 17443
PITTSFORD, NY
Past
May 1, 1995 - October 1, 2003
M&T SECURITIES, INC.
BD
CRD#: 17358
BALTIMORE, MD
Past
July 6, 1994 - May 1, 1995
IFMG SECURITIES, INC.
BD
CRD#: 14416
PURCHASE, 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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 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
District of Columbia(9/5/2025)
RR
Florida(9/5/2025)
RR
Maryland(9/5/2025)
IAR
New York(6/21/2021)
RR
New York(9/5/2025)
RR
Ohio(9/5/2025)
RR
Pennsylvania(9/5/2025)
RR
Virginia(9/5/2025)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
Red Flags
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Company Information
CETERA INVESTMENT ADVISERS LLC
CRD#: 105644Rochester, NY 14618TRUST BUT VERIFY
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Contact information
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