Scott C. Derwick
CETERA INVESTMENT ADVISERS LLC
OLEAN, NY 14760
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CRD#: 3146641
Professional summary
Scott Charles Derwick, CFP® is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Olean, New York and CETERA WEALTH SERVICES, LLC located in Olean, New York.
Scott is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1998. Scott has worked at 3 firms and has passed the 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.
1. NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: FIXED INSURANCE START DATE: 7/1999 APX NUMBER OF HOURS PER WEEK: 2 APX NUMBER OF HOURS DURING TRADING HOURS: 2 POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT BRIEF DESCRIPTION OF DUTIES: SELLS LIFE, HEALTH, ANNUITIES, AND LONG-TERM CARE 2. NAME OF OTHER BUSINESS: FOX HOLDINGS, INC DBA H&R BLOCK AND FOX FINANCIAL SERVICES INVESTMENT RELATED: NO ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: MANAGE OFFICE EMPLOYEES ALONG WITH THE PREPARATION OF TAX RETURNS. START DATE: 12/1998 POSITION/TITLE/RELATIONSHIP: SHAREHOLDER APX NUMBER OF HOURS PER WEEK: 40 APX NUMBER OF HOURS DURING TRADING HOURS: 40 BRIEF DESCRIPTION OF DUTIES: MANAGE OFFICE EMPLOYEES ALONG WITH THE PREPARATION OF TAX RETURNS. 3.NAME OF OTHER BUSINESS: BARTLETT COUNTRY CLUB; INVESTMENT RELATED: NO; ADDRESS: 32 EUCLID AVE, OLEAN, NY 14760; NATURE OF BUSINESS: BOARD; START DATE: 11/2022; POSITION/TITLE/RELATIONSHIP: VICE PRESIDENT; APX NUMBER OF HOURS PER WEEK: 2; APX NUMBER OF HOURS DURING TRADING HOURS: 2; BRIEF DESCRIPTION OF DUTIES: ASSIST IN MANAGEMENT OF THE COUNTRY CLUB; 4. NAME OF OTHER BUSINESS: OLEAN GENERAL HOSPITAL FOUNDATION INVESTMENT RELATED: NO ADDRESS: 515 MAIN STREET, OLEAN, NY 14760 NATURE OF BUSINESS: BOARD MEMBER START DATE: 11/2007 POSITION/TITLE/RELATIONSHIP: HONORARY MEMBER OF THE BOARD OF DIRECTORS APX NUMBER OF HOURS PER WEEK: MINIMAL APX NUMBER OF HOURS DURING TRADING HOURS: MINIMAL BRIEF DESCRIPTION OF DUTIES: HONORARY MEMBER OF THE BOARD OF DIRECTORS 5. NAME OF OTHER BUSINESS: FOX FINANCIAL INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: INVESTMENT PLANNING AND SALES START DATE: 1/1999 POSITION/TITLE/RELATIONSHIP: INVESTMENT REPRESENTATIVE APX NUMBER OF HOURS PER WEEK: 30 APX NUMBER OF HOURS DURING TRADING HOURS: 5 BRIEF DESCRIPTION OF DUTIES: INVESTMENT REPRESENTATIVE 6. NAME OF OTHER BUSINESS: SIX GUYS AND A SIMULATOR, LLC DBA UNION TEE GOLF; INVESTMENT RELATED: NO ; ADDRESS: 301 N UNION STREET OLEAN, NY 14760; NATURE OF BUSINESS: GOLF SIMULATOR BUSINESS; START DATE: 05/2024; POSITION/TITLE/RELATIONSHIP: MEMBER; APX NUMBER OF HOURS PER WEEK: 2; APX NUMBER OF HOURS DURING TRADING HOURS: 0; BRIEF DESCRIPTION OF DUTIES: HELP WITH MANAGEMENT OF THE BUSINESS, ADVISE ON FINANCIALS; 7. NAME OF OTHER BUSINESS: OLEAN SCHOOLS FOUNDATION; INVESTMENT RELATED: NO, ADDRESS: 410 WEST SULLIVAN STREET, OLEAN, NY 14760, NATURE OF BUSINESS: ACADEMIC BOOSTER ORGANIZATION, START DATE: 12/2024, POSITION/TITLE/RELATIONSHIP: BOARD MEMBER, APX NUMBER OF HOURS PER WEEK: 1, APX NUMBER OF HOURS DURING TRADING HOURS: 1, BRIEF DESCRIPTION OF DUTIES: ATTEND MEETINGS AND HELP FUND RAISING;
CRS (Client Relationship Summary) - RIA
Click below to view Scott Charles Derwick'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: 2002
Experience
Current
June 29, 2023 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 487 N Union St, Olean, NY 14760RIA
CRD#: 105644
OLEAN, NY
Current
October 30, 2020 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 487 N Union St, Olean, NY 14760BD
CRD#: 13572
Olean, NY
Past
March 31, 2021 - June 29, 2023
CETERA WEALTH SERVICES, LLC
RIA
CRD#: 13572
EL SEGUNDO, CA
Past
November 30, 1998 - November 4, 2020
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
BRADFORD, PA
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)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
District of Columbia(8/23/2024)
RR
Florida(10/30/2020)
RR
Georgia(8/14/2024)
RR
Illinois(5/14/2024)
RR
Maryland(10/30/2020)
RR
New York(10/30/2020)
IAR
New York(6/29/2023)
RR
North Carolina(11/9/2020)
RR
Ohio(1/4/2022)
RR
Pennsylvania(10/30/2020)
RR
South Carolina(10/30/2020)
RR
Texas(4/26/2024)
IAR
Texas(4/26/2024)
RR
West Virginia(10/30/2020)
RR
Wisconsin(10/4/2021)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
