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Michael Edward Downey

J. ALDEN ASSOCIATES
WAYNE, PA
·CRD# 2944180·29 years registered

Professional Summary

Michael Edward Downey is a registered financial advisor currently at J. ALDEN ASSOCIATES, INC. located in Wayne, Pennsylvania. Michael is registered as a RR (Registered Representative) and started their career in finance in 1997. Michael has worked at 11 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.

At a Glance

Best-Interest Standard

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

Blog Corner

More Resources

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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.

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Years of Experience

29 years registered in the securities industry

Current & Past Employments

Current

J. ALDEN ASSOCIATES, INC.Current·CRD# 40002
BD
37 West Ave Suite 301, Wayne, PA 19087
April 4, 2025 - Present

Past

HORNOR, TOWNSEND & KENT, LLCPast·CRD# 4031
RIA
Owings, MD
February 28, 2023 - February 5, 2024
HORNOR, TOWNSEND & KENT, LLCPast·CRD# 4031
BD
Owings, MD
February 24, 2023 - February 5, 2024
ALDEN INVESTMENT GROUPPast·CRD# 317077
RIA
Annapolis, MD
August 19, 2022 - January 31, 2023
ALDEN CAPITALPast·CRD# 293551
RIA
Annapolis, MD
December 21, 2021 - January 31, 2023
J. ALDEN ASSOCIATES, INC.Past·CRD# 40002
BD
Wayne, PA
August 23, 2016 - January 31, 2023
CUNA BROKERAGE SERVICES, INC.Past·CRD# 13941
RIA
Owings, MD
January 1, 2006 - May 6, 2016
CUNA BROKERAGE SERVICES, INC.Past·CRD# 13941
BD
Owings, MD
April 29, 2005 - May 6, 2016
P.J. ROBB VARIABLE, LLCPast·CRD# 38339
BD
Memphis, TN
January 2, 2003 - March 15, 2005
CETERA ADVISORS LLCPast·CRD# 10299
BD
Greenwood Village, CO
November 28, 2001 - December 31, 2002
SLD AMERICA EQUITIES, INC.Past·CRD# 36259
BD
West Chester, PA
July 6, 2001 - November 9, 2001
EQUITABLE DISTRIBUTORS, LLCPast·CRD# 25900
BD
Charlotte, NC
November 4, 1999 - July 5, 2001
AMERICAN GENERAL SECURITIES INCORPORATEDPast·CRD# 13626
BD
Phoenix, AZ
August 28, 1998 - December 1, 1999
UNITED PLANNERS' FINANCIAL SERVICES OF AMERICA A LIMITED PARTNERPast·CRD# 20804
BD
Scottsdale, AZ
October 20, 1997 - August 7, 1998

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Current Firm

JA
J. ALDEN ASSOCIATES, INC.

ACUMEN FINANCIAL ADVANTAGE, LLC | THE GALBREATH GROUP | STRATEGIC WEALTH MANAGEMENT | SHARP FINANCIAL | PINE VALLEY INVESTMENTS | NEWCLEUS | NEMES RUSH | MONUMENTAL INVESTMENTS | KINGS MANAGMENT | J. ALDEN ASSOCIATES, INC. | ATHENA | AMBASSADOR FINANCIAL GROUP, LLC | ALDEN INVESTMENT GROUP

CRD#: 40002 / SEC#: 8-48938
BD
Broker-Dealer Firm Regulated by FINRA (Philadelphia district office)

Contact Information

Main Address

37 West Ave Suite 301, Wayne, PA 19087

Mailing Address

37 West Ave Suite 300, Wayne, PA 19087

Phone Number

(215) 572-8700

Established

Delaware since 10/30/1995

Firm Type

Corporation

Fiscal Year End

December

Firm Size

Small

FINRA licenses (53 States and Territories)

Registered to provide investment advisory services in 0 US states and territories.

Documents

Customer Relationship Summary (CRS / FINRA)

Direct owners and executive officers

NamePositionCRD#
CALFO, LEE ALBERTCEO, PRINCIPAL, RESEARCH PRINCIPAL4782334
CASTLE CREEK LAUNCHPAD FUND I, LPSHAREHOLDER—
SMITH, KENNETH RICHARDSHAREHOLDER2300203
ENGELBACH, PETER ALDENPRESIDENT, PRINCIPAL, OPTIONS PRINCIPAL, FINOP201177
VAN HORN, KAREN M.CCO - AML OFFICER3176835

Disclosures

Regulatory Event

3

Civil Event

1

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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) INSURANCE AND INVESTMENTS | INVESTMENT RELATED: YES | DBA NAME: CONCORD WEALTH MANAGEMENT | POSITION HELD: AGENT | ADDRESS: 7675 LAKE SHORE DRIVE OWINGS, MD 20736 | START DATE: 2/24/2023 | NATURE OF ACTIVITY: LIFE INSURANCE BROKERAGE | APPROX HRS PER MTH: OVER 140 HRS | APPROX TRADING HRS PER MTH: LESS THAN 10 | DESCRIPTION OF DUTIES: INSURANCE SALES AND SERVICE INCLUDING PENN MUTUAL LIFE PRODUCTS 2) INSURANCE BROKERAGE | INVESTMENT RELATED: YES | DBA NAME: A&O CAPITAL MANAGEMENT | POSITION HELD: PROPRIETOR/OWNER | ADDRESS: 7675 LAKE SHORE DRIVE OWINGS, MD 20736 | START DATE: 2/24/2023 | NATURE OF ACTIVITY: LIFE INSURANCE BROKERAGE | APPROX HRS PER MTH: OVER 140 HRS | APPROX TRADING HRS PER MTH: LESS THAN 10 | DESCRIPTION OF DUTIES: INSURANCE SALES AND SERVICE INCLUDING PENN MUTUAL LIFE PRODUCTS

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State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
RR
indicates the advisor is registered as a Registered Representative in this state, allowing securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
Alabama
(8/26/2026)
RR
Alaska
(8/24/2026)
RR
Connecticut
(8/27/2026)
RR
Delaware
(8/26/2026)
RR
District of Columbia
(8/26/2026)
RR
Florida
(8/27/2026)
RR
Georgia
(8/27/2026)
RR
Kentucky
(8/28/2026)
RR
Maine
(8/26/2026)
RR
Maryland
(4/4/2025)
RR
Massachusetts
(8/4/2026)
RR
Mississippi
(8/31/2026)
RR
New Hampshire
(8/28/2026)
RR
New Jersey
(7/7/2026)
RR
New York
(8/31/2026)
RR
North Carolina
(8/27/2026)
RR
Pennsylvania
(8/27/2026)
RR
Rhode Island
(8/27/2026)
RR
South Carolina
(8/28/2026)
RR
Tennessee
(8/27/2026)
RR
Vermont
(8/27/2026)
RR
Virginia
(9/3/2026)
RR
West Virginia
(8/27/2026)

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Dec 2005About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Dec 1997About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Oct 2014About the Series 7 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Oct 1997About the Series 6 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - BD

Click below to view Michael Edward Downey's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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