AS
Andrew J. Swartwout
SILVER GROVE ADVISORY SERVICES
Arcade, NY 14009
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CRD#: 2478664
AS
Professional summary
Andrew James Swartwout, ChFC® is a registered financial advisor currently at SILVER GROVE ADVISORY SERVICES located in Arcade, New York and LPL FINANCIAL LLC located in Arcade, New York.
Andrew is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1994. Andrew has worked at 5 firms and has passed the Series 63, SIE, Series 7 and Series 24 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) 11/10/2017 - Swartwout Financial Management - DBA for LPL Business (entity for LPL business) - inv rel - at reported business location(s) - start: 11/2017 - 160 hr/mth 2) 11/10/2017 - Notary Public - state of NY - non-inv rel - start: 09/1996 3) 11/10/2017 - Real Estate Rental - joint owner with spouse - Olean, NY - inv rel - start: 03/2017 - 1 hr/mth Silvergrove Financial Group, Compliance Delegate, $3,600 per year. Notary Public Rental Income Property (1) $6,600 per year Obi Community Church, Leadership Team. No salary, nor client. 4) 01/08/2018 - Silver Grove Financial Group, Inc. - Investment Related - At Reported Business Location(s) - Registered Investment Advisor Hybrid - Start Date 11/10/2017 - 160 Hours Per Month/40 Hours During Securities Trading - Time Spent 75% - I provide investment advisory services through Silver Grove Financial Group, Inc., an independent investment advisor firm. I started this business activity on 11/10/2017. I expect to spend approximately 160 hours per month on this activity. Please see the advisory firms Form ADV for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial. 5) 01/08/2018 - Silver Grove Financial Group, Inc. - Investment Related - At Reported Business Location(s) - Registered Investment Advisor DBA - Start Date 11/10/2017 - 160 Hours Per Month/40 Hours During Securities Trading - Time Spent 100% - IAR. 6) 02/02/2023 - Specific Solutions - Investment Related - At Reported Business Location(s) - Non-Variable Insurance - Agent - Start Date: 07/01/2022 - 5 Hours Per month/5 Hours During Securities Trading.
CRS (Client Relationship Summary) - RIA
Click below to view Andrew James Swartwout'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®
Experience
Current
August 25, 2021 - Present
SILVER GROVE ADVISORY SERVICES
Office #1: 342 Route 39, Arcade, NY 14009RIA
CRD#: 287512
Arcade, NY
Current
November 10, 2017 - Present
LPL FINANCIAL LLC
Office #1: 342 Route 39, Arcade, NY 14009RIA
BD
CRD#: 6413
Arcade, NY
Past
January 23, 2017 - November 27, 2017
M&T SECURITIES, INC.
RIA
CRD#: 17358
ARCADE, NY
Past
August 13, 1996 - November 27, 2017
M&T SECURITIES, INC.
BD
CRD#: 17358
ARCADE, NY
Past
May 17, 1995 - July 23, 1996
PRINCIPAL SECURITIES, INC.
BD
CRD#: 1137
DES MOINES, IA
Past
May 10, 1994 - October 25, 1994
L.C. WEGARD & CO., INC.
BD
CRD#: 3722
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".
SG
SILVER GROVE ADVISORY SERVICES
SIGNATURE SOLUTIONS FINANCIAL GROUP, LLC | TURNING TIDES FINANCIAL, LLC | SILVER GROVE FINANCIAL GROUP, INC. | SILVER GROVE ADVISORY SERVICES
CRD#: 287512 / SEC#: 801-110045
RIA
Registered Investment Advisory firm - (3/9/2017 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
Arizona(2/13/2018)
RR
New York(11/10/2017)
IAR
New York(8/25/2021)
RR
Pennsylvania(11/22/2017)
RR
Virginia(3/8/2022)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
SG
SILVER GROVE ADVISORY SERVICES
SIGNATURE SOLUTIONS FINANCIAL GROUP, LLC | TURNING TIDES FINANCIAL, LLC | SILVER GROVE FINANCIAL GROUP, INC. | SILVER GROVE ADVISORY SERVICES
CRD#: 287512 / SEC#: 801-110045
RIA
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Contact information
Main Address
400 Sterling Drive, Orchard Park, NY 14127
Mailing Address
Phone number
(716) 800-4291
Established
Firm type
Fiscal year end
# of Employees
15
SEC notice filing (11 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 2,582 |
| AUM (Assets Under Management) | $ 326,596,386 |
Red Flags
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