JD
Joseph L. Downey
PRIVATE CLIENT ASSET MANAGEMENT
MASSAPEQUA, NY 11758
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CRD#: 3053673
JD
Professional summary
Joseph Leo Downey, CFP®, ChFC® is a registered financial advisor currently at PRIVATE CLIENT ASSET MANAGEMENT, INC. located in Massapequa, New York and OSAIC WEALTH, INC. located in Massapequa, New York.
Joseph is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1998. Joseph has worked at 7 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 10 and Series 9 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. PRIVATE CLIENT ASSET MANAGEMENT- NYS RIA FIRM, PRESIDENT, 04/2008, 150HRS, 120HRS. OWNER AND RESPONSIBLE FOR ALL ASPECTS OF THIS INVESTMENT ADVISORY BUSINESS. ADDRESS: 4190 Sunrise Hwy Massapequa, NY, 11758 2. INSURANCE POSITION: Agent NATURE: Fixed insurance sales INVESTMENT RELATED: Yes NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 5 START DATE: 10/19/2009 ADDRESS: 4190 Sunrise Hwy Massapequa, NY, 11758 DESCRIPTION: sale of fixed annuities, long-term care insurance, fixed life insurance 3. TAX PREPARATION POSITION: Preparer NATURE: tax preparation INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 5 START DATE: 01/01/2010 ADDRESS: 4190 Sunrise Hwy Massapequa, NY, 11758 DESCRIPTION: Preparation of tax returns
CRS (Client Relationship Summary) - RIA
Click below to view Joseph Leo Downey'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®
CFP®
Start date: 2007
Experience
Current
September 13, 2011 - Present
PRIVATE CLIENT ASSET MANAGEMENT, INC.
Office #1: 4190 Sunrise Highway, Massapequa, NY 11758RIA
CRD#: 147052
MASSAPEQUA, NY
Current
October 11, 2024 - Present
OSAIC WEALTH, INC.
Office #1: 4190 Sunrise Hwy, Massapequa, NY 11758RIA
BD
CRD#: 23131
Massapequa, NY
Past
March 30, 2011 - October 11, 2024
AMERICAN PORTFOLIOS FINANCIAL SERVICES, INC.
BD
CRD#: 18487
Massapequa, NY
Past
May 13, 2009 - February 7, 2011
PURSHE KAPLAN STERLING INVESTMENTS
BD
CRD#: 35747
GARDEN CITY, NY
Past
June 26, 2000 - March 11, 2008
FIDELITY BROKERAGE SERVICES LLC
BD
CRD#: 7784
GARDEN CITY, NY
Past
May 21, 1998 - June 6, 2000
IDS LIFE INSURANCE COMPANY
BD
CRD#: 6321
MINNEAPOLIS, MN
Past
May 21, 1998 - June 6, 2000
AMERIPRISE FINANCIAL SERVICES, LLC
BD
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".
PC
PRIVATE CLIENT ASSET MANAGEMENT, INC.
PRIVATE CLIENT ASSET MANAGEMENT, INC.
CRD#: 147052 / SEC#: 801-74655
RIA
Registered Investment Advisory firm - (4/5/2012 Approved)Florida
Registered Investment Advisory firm - (11/30/2015 Terminated)New York
Registered Investment Advisory firm - (11/30/2015 Terminated)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
California(10/11/2024)
RR
Delaware(10/11/2024)
IAR
Florida(9/13/2011)
RR
Florida(10/11/2024)
RR
Illinois(10/11/2024)
RR
Maryland(10/11/2024)
RR
New Jersey(10/11/2024)
IAR
New York(2/9/2021)
RR
New York(10/11/2024)
RR
North Carolina(10/11/2024)
RR
Ohio(10/11/2024)
RR
Pennsylvania(10/11/2024)
RR
Virginia(10/11/2024)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
PC
PRIVATE CLIENT ASSET MANAGEMENT, INC.
PRIVATE CLIENT ASSET MANAGEMENT, INC.
CRD#: 147052 / SEC#: 801-74655
RIA
Registered Investment Advisory firm - (4/5/2012 Approved)Florida
Registered Investment Advisory firm - (11/30/2015 Terminated)New York
Registered Investment Advisory firm - (11/30/2015 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
4190 Sunrise Highway, Massapequa, NY 11758
Mailing Address
Phone number
(516) 280-4622
Established
Firm type
Fiscal year end
# of Employees
2
SEC notice filing (7 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 538 |
| AUM (Assets Under Management) | $ 162,089,312 |
Red Flags
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