Raymond A. Schwabe

FIRST AMERICAN ASSET ADVISORY

Garden City, NY 11530

Some features on this profile are disabled

CRD#: 2812702

Professional summary

Raymond Anthony Schwabe is a registered financial advisor currently at FIRST AMERICAN ASSET ADVISORY, LLC located in Garden City, New York and MORGAN WILSHIRE SECURITIES, INC. located in Garden City, New York.

Raymond is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1996. Raymond has worked at 3 firms and has passed the Series 65, Series 63, SIE and Series 7 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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Raymond Anthony Schwabe'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

August 17, 2023 - Present

FIRST AMERICAN ASSET ADVISORY, LLC

Office #1: 59 Hilton Avenue, Suite 101, Garden City, NY 11530

RIA

CRD#: 282254

Garden City, NY

Current

August 4, 1998 - Present

MORGAN WILSHIRE SECURITIES, INC.

Office #1: 59 Hilton Ave, Garden City, NY 11530Office #2: 59 Hilton Ave Suite 101, Garden City, NY 11530

CRD#: 44807

Garden City, NY

Past

December 11, 1996 - August 7, 1998

WALSH MANNING SECURITIES, LLC

CRD#: 30826

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".

FIRST AMERICAN ASSET ADVISORY, LLC

FIRST AMERICAN ASSET ADVISORY, LLC | MICHAEL FINNAN | FIRST AMERICAN ASSET ADVISORY, LLC.

CRD#: 282254 / SEC#: 801-126067

RIA

Registered Investment Advisory firm - (7/21/2022 Approved)

New Jersey

Registered Investment Advisory firm - (7/27/2022 Terminated)

New York

Registered Investment Advisory firm - (4/5/2024 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

Alabama
(8/28/2006)

Arizona
(2/10/2005)

California
(9/4/1998)

Colorado
(10/14/1998)

Connecticut
(1/23/2006)

Florida
(4/23/2003)

Georgia
(5/2/2013)

Kansas
(3/21/2013)

Louisiana
(8/12/1998)

Maryland
(6/1/2016)

Massachusetts
(9/3/1998)

Minnesota
(8/21/1998)

Montana
(5/31/2023)

New Jersey
(8/10/1998)

New York
(8/4/1998)

IAR

New York
(8/17/2023)

North Carolina
(6/28/2010)

Ohio
(9/8/1998)

Oregon
(10/6/1998)

Pennsylvania
(8/10/1998)

South Carolina
(2/10/2005)

Texas
(8/13/1998)

Virginia
(2/7/2011)

Washington
(8/10/1998)

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: 5/17/2022

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 12/23/1996

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: 12/10/1996

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

FIRST AMERICAN ASSET ADVISORY, LLC

FIRST AMERICAN ASSET ADVISORY, LLC | MICHAEL FINNAN | FIRST AMERICAN ASSET ADVISORY, LLC.

CRD#: 282254 / SEC#: 801-126067

RIA

Registered Investment Advisory firm - (7/21/2022 Approved)

New Jersey

Registered Investment Advisory firm - (7/27/2022 Terminated)

New York

Registered Investment Advisory firm - (4/5/2024 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

59 Hilton Avenue, Suite 101, Garden City, NY 11530

Mailing Address

Phone number

(516) 622-3100

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (7 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

METZ ADV PART 2B BROCHURE (3/31/2025)

ROSE ADV PART 2B BROCHURE (3/31/2025)

FAAA ADV PART 2A BROCHURE (3/31/2025)

SCHWABE ADV PART 2B BROCHURE (3/31/2025)

LEW ADV PART 2B BROCHURE (3/31/2025)

DILORETO ADV PART 2B BROCHURE (3/31/2025)

FINNAN ADV PART 2B BROCHURE (3/31/2025)

Regulatory assets under management

Total Number of Accounts	198
AUM (Assets Under Management)	$ 140,163,741

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

Peter Kettle

AMERIPRISE FINANCIAL SERVICES, LLC

IAR

Brooklyn, NY

Diane Finnerty

MORGAN STANLEY

IAR

New York, NY

Matthew James Wang

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

IAR

New York, NY

We're Here To Help

Advisor Monitoring

Firm Stability Insights

Raymond A. Schwabe

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Raymond Anthony Schwabe's CRS (Customer Relationship Summary).

Certified licenses

Experience

MORGAN WILSHIRE SECURITIES, INC.

WALSH MANNING SECURITIES, LLC

Primary Firm SEC Registration

FIRST AMERICAN ASSET ADVISORY, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 5/17/2022

Series 63

Date: 12/23/1996

SIE

Date: 10/1/2018

Series 7

Date: 12/10/1996

FINRA

Current Firm

FIRST AMERICAN ASSET ADVISORY, LLC

Contact information

SEC notice filing (7 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

FIRST AMERICAN ASSET ADVISORY, LLC

TRUST BUT VERIFY

Similar Advisors