ML
Michael S. Lomas
INDEPENDENT SOLUTIONS WEALTH MANAGEMENT
Williamsville, NY 14221
Some features on this profile are disabled
CRD#: 2672193
ML
Professional summary
Michael Steven Lomas, who also goes by Mike Lomas, is a registered financial advisor currently at INDEPENDENT SOLUTIONS WEALTH MANAGEMENT, LLC located in Williamsville, New York and PEAK BROKERAGE SERVICES, LLC located in Williamsville, New York.
Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1996. Michael has worked at 5 firms and has passed the Series 65, Series 63, SIE, Series 31, Series 7, Series 6 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Mike Lomas
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 SOLUTIONS WEALTH MANAGMENT, LLC (RIA); 30% TIME SPENT; .33% OWNERSHIP 2) FINANCIAL GUYS, LLC.; RADIO SHOW, ADVERTISING, INSURANCE SALES; 45% TIME SPENT, 50% OWNERSHIP 3)NEIMAN FUNDS MANAGEMENT(CORP); MUTUAL FUNDS ADVISOR - NEIMAN LARGE CAP VALUE FUND; DIRECTOR; ACTIVE OWNER; 20% TIME SPENT; 16% OWNERSHIP; UNKNOWN COMP; CONTINUOUS TERM. 4) Medicare Advantage; Marketing Director. 5 hours per month spent on the activity. 5 hours per month spent on activity during trading hours. 5)PEAK REPS, LLC; HOLDING COMPANY; 12.5% OWNERSHIP; OWNER, BOARD MEMBER; OVERSIGHT AND GIVE BROAD BUSINESS AS BOARD MEMBER-NO DAY TO DAY ACTIVITIES; INDEFINITE; 20 HRS/MO 6) Insurance- Medicare/Medicaid; President, Marketing. The Financial Guys. Start Date: 9.20.16. 10 hours per month spent on the activity. 0 hours per month spent on activity during trading hours. 7) THE FINANCIAL GUYS INSURANCE, LLC; CO-OWNER/PARTNER, LIMITED OPERATIONAL INVOLVEMENT. START DATE: 6/1/17. 4 HOURS PER MONTH SPENT ON ACTIVITY. 0 HOURS PER MONTH SPENT ON ACTIVITY DURING TRADING HOURS. 8) THE FINANCIAL GUYS, LLC; CO-OWNER/PARTNER, LIMITED OPERATIONAL INVOLVEMENT. START DATE: 6/1/17. 4 HOURS PER MONTH SPENT ON ACTIVITY. 0 HOURS PER MONTH SPENT ON ACTIVITY DURING TRADING HOURS. 9) 305 Spindrift, LLC; Ownership Of Building; Co-Owner; Start Date: 4/1/18; Approx Hours Spent On Activity Per Month: 2; Approx Hours Spent On Activity Per Month During Trading Hours: 0 10)Company Name: TFG Insurance/TFG Florida Insurance; Type of Outside Business Activity: Property and Casualty; Position: Manager; Duties of Position: Marketing Director; Start Date: 09/30/2020; Approximate # of hours per month spent: 20; Approximate # of hours spent during trading hours: 1 11) Business Entity: Peak Brokerage Services, LLC Business Activity: Minority Interest <5%; Duties of Position: Management; Title: Member; Approx. # of hrs. spent per month: 1.5Hrs; Approx. # of hrs. spent during trading hrs.: 1.5 12) Business Entity: Mochua Properties LLC; Business Activity: Real Estate Investment; Duties of Position: Owner; Title: Owner: Start Date: 06/22; Approx. # of hours per month spent on activity: 2; Approx. # of hours spent during trading hours: 0 13) Business Entity: The Financial Guys Media; Business Activity: Media/Marketing; Duties of Position: Talent; Title: Marketing Manager; Start Date: 04/23; Approx. # of hours per month spent on activity: 5; Approx. # of hours spent during trading hours: 2 14) Business Entity: Lomas Motorsports; Business Activity: Drag Race Car Team; Address: Williamsville, NY; Duties of Position: Owner; Title: President; Start Date: 7/24; Approx. # of hours per month spent on activity: 10; Approx. # of hours spent during trading hours: 0
CRS (Client Relationship Summary) - RIA
Click below to view Michael Steven Lomas'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®
NoneExperience
Current
September 25, 2015 - Present
INDEPENDENT SOLUTIONS WEALTH MANAGEMENT, LLC
Office #1: 305 Spindrift Drive, Williamsville, NY 14221RIA
CRD#: 144733
Williamsville, NY
Current
September 23, 2015 - Present
PEAK BROKERAGE SERVICES, LLC
Office #1: 305 Spindrift Drive, Williamsville, NY 14221Office #2: 3445 Winton Place Suite 119 - 120, Rochester, NY 14623BD
CRD#: 157045
Williamsville, NY
Past
June 11, 2004 - September 24, 2015
NEXT FINANCIAL GROUP, INC.
RIA
CRD#: 46214
WILLIAMSVILLE, NY
Past
January 7, 2000 - September 24, 2015
NEXT FINANCIAL GROUP, INC.
BD
CRD#: 46214
WILLIAMSVILLE, NY
Past
June 27, 1997 - January 18, 2000
UBS FINANCIAL SERVICES INC.
BD
CRD#: 8174
WEEHAWKEN, NJ
Past
December 13, 1996 - June 26, 1997
CETERA WEALTH SERVICES, LLC
BD
CRD#: 13572
EL SEGUNDO, CA
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".
IS
INDEPENDENT SOLUTIONS WEALTH MANAGEMENT, LLC
INDEPENDENT SOLUTIONS WEALTH MANAGEMENT, LLC
CRD#: 144733 / SEC#: 801-69708
RIA
Registered Investment Advisory firm - (11/10/2008 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
Alabama(9/23/2015)
RR
Arizona(5/8/2018)
RR
California(9/23/2015)
RR
Connecticut(9/23/2015)
RR
Delaware(4/12/2018)
RR
Florida(9/23/2015)
IAR
Florida(1/20/2016)
RR
Georgia(10/2/2015)
RR
Illinois(9/28/2015)
RR
Indiana(10/23/2015)
RR
Iowa(4/24/2018)
RR
Kansas(5/1/2018)
RR
Kentucky(11/17/2023)
RR
Louisiana(9/23/2015)
IAR
Louisiana(10/5/2015)
RR
Maine(9/28/2015)
RR
Maryland(9/23/2015)
RR
Michigan(9/23/2015)
RR
Missouri(9/23/2015)
RR
Montana(2/16/2017)
RR
Nebraska(9/23/2015)
RR
Nevada(9/23/2015)
RR
New Jersey(9/23/2015)
RR
New York(9/23/2015)
IAR
New York(11/16/2021)
RR
North Carolina(9/23/2015)
RR
North Dakota(4/12/2018)
RR
Ohio(9/23/2015)
RR
Pennsylvania(9/23/2015)
RR
Rhode Island(9/23/2015)
RR
South Carolina(9/23/2015)
RR
Tennessee(1/26/2017)
RR
Texas(9/23/2015)
IAR
Texas(9/25/2015)
RR
Vermont(4/16/2018)
RR
Virginia(9/23/2015)
RR
Washington(4/24/2018)
RR
Wisconsin(9/23/2015)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
IS
INDEPENDENT SOLUTIONS WEALTH MANAGEMENT, LLC
INDEPENDENT SOLUTIONS WEALTH MANAGEMENT, LLC
CRD#: 144733 / SEC#: 801-69708
RIA
Registered Investment Advisory firm - (11/10/2008 Approved)Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
Contact information
Main Address
305 Spindrift Drive, Williamsville, NY 14221
Mailing Address
Phone number
(716) 568-8566
Established
Firm type
Fiscal year end
# of Employees
28
SEC notice filing (24 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 6,427 |
| AUM (Assets Under Management) | $ 1,226,210,629 |
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
INDEPENDENT SOLUTIONS WEALTH MANAGEMENT, LLC
CRD#: 144733Williamsville, NY 14221TRUST BUT VERIFY
Monitor Michael Lomas
Get automatic monthly alerts on:Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates
