Steven M. Salerno

BENTLEY FINANCIAL GROUP

Peoria, AZ

Some features on this profile are disabled

CRD#: 2807067

Professional summary

Steven Michael Salerno, who also goes by Steven M Salerno, is a registered financial advisor currently at BENTLEY FINANCIAL GROUP located in Peoria, Arizona and LPL FINANCIAL LLC located in Peoria, Arizona.

Steven is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1996. Steven has worked at 4 firms and has passed the Series 65, Series 63, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Steven M Salerno

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. 1/11/2017: Bentley Financial Group, Inc. - Investment Related - At Reported Business Location(s) - Registered Investment Advisor Hybrid - Started 12/01/16 - 40 Hours Per Month During Securities Trading - I provide investment advisory services through Bentley Financial Group, an independent investment advisor firm. I started this business activity in 1/2017. I expect to spend approximately 40 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. 2. 1/12/2017: Bentley Financial Group, Inc. - Investment Related - At Reported Business Location(s) - DBA for LPL Business (entity for LPL business) - Started 12/01/16 - 40 Hours Per Month During Securities Trading.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Steven Michael Salerno'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 4, 2017 - Present

BENTLEY FINANCIAL GROUP

RIA

CRD#: 172474

Peoria, AZ

Current

July 14, 2005 - Present

LPL FINANCIAL LLC

RIA

CRD#: 6413

PEORIA, AZ

Past

July 14, 2005 - April 26, 2017

LPL FINANCIAL LLC

RIA

CRD#: 6413

LISLE, IL

Past

March 12, 1999 - July 22, 2005

AMERIPRISE FINANCIAL SERVICES, LLC

RIA

CRD#: 6363

OAKBROOK TERRACE, IL

Past

October 6, 1997 - July 22, 2005

IDS LIFE INSURANCE COMPANY

CRD#: 6321

MINNEAPOLIS, MN

Past

October 6, 1997 - July 22, 2005

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

MINNEAPOLIS, MN

Past

December 3, 1996 - July 7, 1997

IDS LIFE INSURANCE COMPANY

CRD#: 6321

MINNEAPOLIS, MN

Past

December 3, 1996 - July 7, 1997

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

MINNEAPOLIS, MN

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".

BENTLEY FINANCIAL GROUP

BENTLEY FINANCIAL GROUP | BENTLEY FINANCIAL GROUP, INC.

CRD#: 172474 / SEC#: 801-120187

RIA

Registered Investment Advisory firm - (1/19/2021 Approved)

Arizona

Registered Investment Advisory firm - (5/18/2021 Terminated)

Illinois

Registered Investment Advisory firm - (5/18/2021 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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
(5/2/2008)

IAR

Arizona
(1/5/2017)

Florida
(9/19/2014)

Illinois
(7/14/2005)

IAR

Illinois
(1/4/2017)

Indiana
(8/20/2024)

New Jersey
(10/26/2015)

North Carolina
(6/15/2023)

South Carolina
(5/1/2017)

Texas
(1/27/2009)

Wisconsin
(7/14/2005)

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

IAR

Series 65

Date: 1/26/1999

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 10/7/1996

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 12/2/1996

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

BENTLEY FINANCIAL GROUP

BENTLEY FINANCIAL GROUP | BENTLEY FINANCIAL GROUP, INC.

CRD#: 172474 / SEC#: 801-120187

RIA

Registered Investment Advisory firm - (1/19/2021 Approved)

Arizona

Registered Investment Advisory firm - (5/18/2021 Terminated)

Illinois

Registered Investment Advisory firm - (5/18/2021 Terminated)

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

1385 Warren Ave. Suite A, Downers Grove, IL 60515

Mailing Address

Phone number

(630) 541-6363

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (4 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

BFG FORM ADV PART 2A (2/12/2025)

BFG FORM ADV PART 2A APPENDIX 1 - WRAP PROGRAM BROCHURE (2/12/2025)

Regulatory assets under management

Total Number of Accounts	920
AUM (Assets Under Management)	$ 321,000,000

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.

Similar Advisors

Stephen Zahka

EDWARD JONES

IAR

Marlborough, MA

Marshall Rosen

OSAIC WEALTH, INC.

IAR

Fort Lauderdale, FL

Frank Moore

UBS FINANCIAL SERVICES INC.

IAR

Greenwich, CT

We're Here To Help

Advisor Monitoring

Firm Stability Insights

Steven M. Salerno

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Steven Michael Salerno's CRS (Customer Relationship Summary).

Certified licenses

Experience

LPL FINANCIAL LLC

LPL FINANCIAL LLC

AMERIPRISE FINANCIAL SERVICES, LLC

IDS LIFE INSURANCE COMPANY

AMERIPRISE FINANCIAL SERVICES, LLC

IDS LIFE INSURANCE COMPANY

AMERIPRISE FINANCIAL SERVICES, LLC

Primary Firm SEC Registration

BENTLEY FINANCIAL GROUP

State Registrations and Notice Filings

Exams

Series 65

Date: 1/26/1999

Series 63

Date: 10/7/1996

SIE

Date: 10/1/2018

Series 7

Date: 12/2/1996

FINRA

Current Firm

BENTLEY FINANCIAL GROUP

Contact information

SEC notice filing (4 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

BENTLEY FINANCIAL GROUP

TRUST BUT VERIFY

Similar Advisors