CR
Cheryl L. Romann
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CRD#: 3163696
CR
Professional summary
Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.
That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.
Cheryl Lynn Romann was a registered financial professional .
Cheryl is a previously registered financial professional and started their career in finance in 2009. Cheryl had worked at 4 firms and has passed the Series 63, SIE, Series 7 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
No
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.
DBA for securities/fixed business: NetWorth Asset Managment, Inc.at 655 3rd Ave SE Ste B, Perham, MN 56573; at 103 Mill St.S, Pine River, MN; 31019 Wildwood Court, Breezy Point, MN 56472 and at 8141 Viking Blvd. Nowthen, MN 55330. Sell securities and insurance products, using approximately 160 hours per month, of which 140 hours per month are during securities trading hours. DBA was set up to work with NetWorth Asset Management, Inc. on October 15, 2021. Owner/manager of DBA for business & office expenses is Key Financial Group, LLC 655 3rd Ave SE Ste B, Perham, MN 56573. Duties include bookkeeping and general daily office procedures using approximately 16 hours per month, of which 10 hours per month are during securities trading hours. DBA was set up 11/30/2017 with State of Minnesota and IRS for employer identification number. 100% owned by Cheryl Romann. Bookkeeper at David A. Romann Hauling and Landscaping, Inc. (S-Corp), spouse's business, approximately 10 hours per month, none during securities trading hours. Duties include bookkeeping and general office procedures. Started 01/1998, 49801 455th St. Perham, MN 56573. Sole proprietor of RC Ventures, using approximately 2 hours per month, none during securities trading hours. This is retail sales started 07/2001. Address 49801 455th St, Perham, MN 56573. 100% owned by Cheryl Romann. Farming, using approximately 2 hours per month, none during securities trading hours. Help spouse with farm work. Started 1977. General farm duties including bookwork. Address 49801 455th St, Perham, MN 56573 Power of attorney for spouse as needed using approximately 1 hour per month, none during securities trading hours. Address 49801 455th St, Perham, MN 56573. Started 3/10/2020 Power of attorney for son and power of attorney for grandson as needed using approximately 1 hour per month, none during securities trading hours. Address 49801 455th St, Perham, MN 56573. Started 2/2011 for son and grandson. Caregiver for grandson, a minor child, approximately 186 hours per month, none during securities trading hours. Started 2/2011. Address 49801 455th St, Perham, MN 56573. (grandson currently residing with us) Member and promotions of Red River Valley Pullers Association (RRVPA), using approximately 16 hours per month for 4 months only during Summer, none during securities trading hours. Started in 1981. Website is www.RRVPA.com and Red River Valley Pullers Association (on facebook). This is a truck and tractor pulling motor sport for competition and small compensation if place. Address Northwood, ND Organo Gold, not investment related. Organo Gold International, Inc. (USA) 5505 Hovander Rd, Ferndale, WA 98248, nature is sales of Organo Gold (Ganoderma) products, to include coffees, teas and other drink supplements. Position - distributor of Organo Gold Products, hosting coffee mixers, attending local trade shows representing Organo Gold selling their products, start date approx. June 15, 2013. Approximately 1/2 hour per month none during securities trading hours. Professional referrals to other professionals i.e.: attorneys, CPAs, etc. Started 2009, approximately 1 hour per month during securities trading hours. Through DBA Key Financial Group, LLC, 655 3rd Ave SE Ste B, Perham, MN 56573
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Past
October 22, 2021 - January 9, 2024
NETWORTH ASSET MANAGEMENT, INC
RIA
CRD#: 105145
Perham, MN
Past
November 17, 2018 - December 21, 2023
INTERCAROLINA FINANCIAL SERVICES, INC.
RIA
CRD#: 19475
PERHAM, MN
Past
November 17, 2018 - December 21, 2023
INTERCAROLINA FINANCIAL SERVICES, INC.
BD
CRD#: 19475
PERHAM, MN
Past
December 18, 2013 - November 19, 2018
CAPITAL FINANCIAL SERVICES, INC.
RIA
CRD#: 8408
PERHAM, MN
Past
June 4, 2012 - November 19, 2018
CAPITAL FINANCIAL SERVICES, INC.
BD
CRD#: 8408
PERHAM, MN
Past
June 24, 2009 - June 1, 2012
QUESTAR CAPITAL CORPORATION
BD
CRD#: 43100
PERHAM, 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".
NA
NETWORTH ASSET MANAGEMENT, INC
NETWORTH ASSET MANAGEMENT | NETWORTH INC | NETWORTH ASSET MANAGEMENT, INC
CRD#: 105145 / SEC#: 801-129943
RIA
Registered Investment Advisory firm - (4/25/2024 Approved)Florida
Registered Investment Advisory firm - (4/26/2024 Terminated)Minnesota
Registered Investment Advisory firm - (4/26/2024 Terminated)Pennsylvania
Registered Investment Advisory firm - (4/25/2024 Terminated)Texas
Registered Investment Advisory firm - (3/20/2024 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
This advisor is not registered in any state.
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Current Firm
NA
NETWORTH ASSET MANAGEMENT, INC
NETWORTH ASSET MANAGEMENT | NETWORTH INC | NETWORTH ASSET MANAGEMENT, INC
CRD#: 105145 / SEC#: 801-129943
RIA
Registered Investment Advisory firm - (4/25/2024 Approved)Florida
Registered Investment Advisory firm - (4/26/2024 Terminated)Minnesota
Registered Investment Advisory firm - (4/26/2024 Terminated)Pennsylvania
Registered Investment Advisory firm - (4/25/2024 Terminated)Texas
Registered Investment Advisory firm - (3/20/2024 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
The Villages, FL
Mailing Address
Phone number
(352) 268-2080
Established
Firm type
Fiscal year end
# of Employees
3
SEC notice filing (5 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 251 |
| AUM (Assets Under Management) | $ 102,893,000 |
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.
