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Vincent Michael Farasciano

INNOVATIVE WEALTH MANAGEMENT
TRUMBULL, CT
·CRD# 3134100·28 years experience

Professional Summary

Vincent Michael Farasciano is a registered financial advisor currently at INNOVATIVE WEALTH MANAGEMENT located in Trumbull, Connecticut. Vincent is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1998. Vincent has worked at 12 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 24 exams.

At a Glance

Always Fiduciary

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

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Videos & Posts

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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

28 years in the financial services industry

Current & Past Employments

INNOVATIVE WEALTH MANAGEMENT·CRD# 308965
RIA
Trumbull, CT
May 14, 2020 - Present
BANKERS LIFE ADVISORY SERVICES, INC.·CRD# 281285
RIA
Milford, CT
July 1, 2016 - April 15, 2020
BANKERS LIFE SECURITIES, INC.·CRD# 173962
BD
Milford, CT
May 26, 2016 - April 15, 2020
CONCOURSE FINANCIAL GROUP SECURITIES, INC.·CRD# 15708
RIA
Milford, CT
June 2, 2010 - May 27, 2016
CONCOURSE FINANCIAL GROUP SECURITIES, INC.·CRD# 15708
BD
Milford, CT
June 1, 2010 - May 26, 2016
UVEST FINANCIAL SERVICES GROUP, INC.·CRD# 13787
RIA
Milford, CT
June 1, 2005 - May 14, 2010
UVEST FINANCIAL SERVICES GROUP, INC.·CRD# 13787
BD
Milford, CT
June 1, 2005 - May 14, 2010
WELLS FARGO CLEARING SERVICES, LLC·CRD# 19616
BD
St. Louis, MO
July 16, 2004 - May 18, 2005
WELLS FARGO CLEARING SERVICES, LLC·CRD# 19616
RIA
Hamden, CT
June 17, 2004 - May 18, 2005
AFS BROKERAGE, INC.·CRD# 25924
BD
Austin, TX
October 2, 2003 - January 8, 2004
MSI FINANCIAL SERVICES, INC.·CRD# 14251
RIA
Trumbull, CT
May 11, 2001 - September 16, 2002
METROPOLITAN LIFE INSURANCE COMPANY·CRD# 4095
BD
New York, NY
March 19, 2001 - September 16, 2002
MSI FINANCIAL SERVICES, INC.·CRD# 14251
BD
Springfield, MA
March 19, 2001 - September 16, 2002
EWEALTH SECURITIES, INC.·CRD# 25589
BD
White Plains, NY
July 19, 2000 - February 9, 2001
UBS FINANCIAL SERVICES INC.·CRD# 8174
BD
Weehawken, NJ
September 3, 1999 - August 1, 2000
EASTBROOK CAPITAL GROUP LLC·CRD# 39781
BD
New York, NY
December 3, 1998 - August 26, 1999

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Current Firm

IW
INNOVATIVE WEALTH MANAGEMENT

IFG WEALTH, LLC | IWM ADVISORY, LLC | INNOVATIVE WEALTH MANAGEMENT

CRD#: 308965
Connecticut
Registered Investment Advisory firm - Connecticut (5/13/2020 Approved)
New York
Registered Investment Advisory firm - New York (5/19/2020 Approved)
Pennsylvania
Registered Investment Advisory firm - Pennsylvania (5/9/2023 Approved)
Texas
Registered Investment Advisory firm - Texas (6/21/2021 Approved)

Contact Information

Main Address

Trumbull, CT

Phone Number

2036931172 EXT 700

# of Employees

4

Documents

Latest Form ADV

Regulatory Assets Under Management

Total Number of Accounts

79

AUM (Assets Under Management)

$7,545,930

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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) DBA BANKERS RETIREMENT SOLUTIONS I am a licensed Insurance Agent who gets compensated when a consumer purchased an insurance policy from me 2) Owner; America's Mutual; Investment Related: No; Location: 608 Ferry Blvd Stratford, CT 06615; Description of the business: Americas's Mutual offers Life and Health Insurance.; Responsibilities Duties: Managing the day to day sales and marketing of the firm; Start date with business: 01/01/2021; Hours devoted to business during trading hours: 15; Hours devoted to business outside trading hours: 10; Percentage of total yearly compensation expected to be derived from the business: 50. 3) LegacyRx LLC; Owner; Not Investment Related; 35 Nutmeg Dr. Suite M275 Trumbull CT 06611; Description of the business: LegacyRx, LLC is a direct to consumer DIY Estate Document creation platform; Responsibilities Duties: Manage the day to day operations; Start date with business: 2025-03-01; Hours per month devoted to business during trading hours: 5; Hours per month devoted to business outside trading hours: 5; Percentage of total yearly compensation expected to be derived from the business: 1; Website address for the organization: www.legacyrx.com.

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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.
IAR
Connecticut
(5/14/2020)
IAR
New York
(11/24/2021)
IAR
Pennsylvania
(5/10/2023)
IAR
Texas
(6/21/2021)

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.

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 Sep 1999About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Jan 1999About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Nov 1998About the Series 7 exam

Series 24 — General Securities Principal Examination

Passed Oct 2000About the Series 24 exam

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CRS (Client Relationship Summary) - RIA

Click below to view Vincent Michael Farasciano's CRS (Customer Relationship Summary).

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