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Scott D. Covey

OSAIC INSTITUTIONS
Santa Fe, NM 87505
Some features on this profile are disabled
CRD#: 4274885
SC

Professional summary

Scott Douglas Covey, who also goes by Scott D Covey, is a registered financial advisor currently at OSAIC INSTITUTIONS, INC. located in Santa Fe, New Mexico.

Scott is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2000. Scott has worked at 7 firms and has passed the Series 66, SIE, Series 7 and Series 24 exams.

top-8-questions

Question & Answer

Are you a "fiduciary"?
Yes

Aliases

Scott D Covey

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.) 05-18-2022-Del Norte Investment Services-Investment Related-

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Scott Douglas Covey's CRS (Customer Relationship Summary).
CRS (Customer Relationship Summary)

CRS (Client Relationship Summary) - BD

Click below to view Scott Douglas Covey's CRS (Customer Relationship Summary).
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®
None

Experience

Current

November 16, 2023 - Present

OSAIC INSTITUTIONS, INC.

Office #1: 604 W. San Mateo, Santa Fe, NM 87505Office #2: 1000 Trinity Drive, Los Alamos, NM 87544Office #3: 1720 North Riverside Drive, Espanola, NM 87532Office #4: 3286 Cerrillos Road, Santa Fe, NM 87507Office #5: 3634 Rio Rancho Blvd Ne, Rio Rancho, NM 87144
RIA
BD
CRD#: 35371
Santa Fe, NM
Current

November 16, 2023 - Present

OSAIC INSTITUTIONS, INC.

Office #1: 604 W. San Mateo, Santa Fe, NM 87505Office #2: 1000 Trinity Drive, Los Alamos, NM 87544Office #3: 1720 North Riverside Drive, Espanola, NM 87532Office #4: 3286 Cerrillos Road, Santa Fe, NM 87507Office #5: 3634 Rio Rancho Blvd Ne, Rio Rancho, NM 87144
RIA
BD
CRD#: 35371
Santa Fe, NM
Past

May 18, 2022 - December 8, 2023

LPL FINANCIAL LLC

RIA
CRD#: 6413
Santa Fe, NM
Past

May 18, 2022 - December 8, 2023

LPL FINANCIAL LLC

BD
CRD#: 6413
Santa Fe, NM
Past

May 20, 2014 - May 18, 2022

CUNA BROKERAGE SERVICES, INC.

RIA
CRD#: 13941
Santa Fe, NM
Past

May 8, 2014 - May 18, 2022

CUNA BROKERAGE SERVICES, INC.

BD
CRD#: 13941
Santa Fe, NM
Past

December 12, 2012 - May 6, 2014

WADDELL & REED

RIA
CRD#: 866
ALBUQUERQUE, NM
Past

December 12, 2012 - May 6, 2014

WADDELL & REED

BD
CRD#: 866
ALBUQUERQUE, NM
Past

March 8, 2006 - December 31, 2012

INVESTMENT PROFESSIONALS, INC.

RIA
CRD#: 30184
SANTA FE, NM
Past

November 9, 2005 - January 9, 2013

INVESTMENT PROFESSIONALS, INC.

BD
CRD#: 30184
SANTA FE, NM
Past

June 17, 2002 - November 17, 2005

WADDELL & REED

RIA
CRD#: 866
METAIRIE, LA
Past

December 14, 2000 - November 17, 2005

WADDELL & REED

BD
CRD#: 866
OVERLAND PARK, KS
Past

October 18, 2000 - December 11, 2000

IDS LIFE INSURANCE COMPANY

BD
CRD#: 6321
MINNEAPOLIS, MN
Past

October 18, 2000 - December 11, 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".
OI
OSAIC INSTITUTIONS, INC.
CONNECTICUT ASSOCIATION SECURITIES, INC. | OSAIC INSTITUTIONS, INC. | INFINEX INVESTMENTS, INC.

CRD#: 35371 / SEC#: 801-67242, 8-46661

RIA
Registered Investment Advisory firm - SEC (11/2/2006 Approved)
Connecticut
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Florida
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Indiana
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Maine
Registered Investment Advisory firm - SEC (12/7/2006 Terminated)
Massachusetts
Registered Investment Advisory firm - SEC (3/23/2007 Terminated)
New Hampshire
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Ohio
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Pennsylvania
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Rhode Island
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
BD
Broker-Dealer Firm Regulated by FINRA (Boston district office)

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
Arizona
(11/16/2023)
RR
California
(11/16/2023)
RR
Colorado
(11/16/2023)
RR
Connecticut
(11/16/2023)
RR
Florida
(11/16/2023)
RR
Georgia
(11/16/2023)
RR
Idaho
(11/16/2023)
RR
Illinois
(11/16/2023)
RR
Kentucky
(11/16/2023)
RR
Louisiana
(11/16/2023)
RR
Nevada
(11/16/2023)
RR
New Hampshire
(11/16/2023)
RR
New Mexico
(11/16/2023)
IAR
New Mexico
(11/16/2023)
RR
North Carolina
(2/21/2025)
RR
Oklahoma
(11/16/2023)
RR
Pennsylvania
(11/16/2023)
RR
South Dakota
(11/16/2023)
RR
Texas
(11/16/2023)
RR
Utah
(11/16/2023)
RR
Virginia
(11/16/2023)

Exams

State Security Law Exam
RR
IAR
Series 66
Date: 11/23/2005
Uniform Combined State Law Examination
General Industry/Product Exam
RR
SIE
Date: 10/1/2018
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 10/17/2000
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 24
Date: 4/26/2002
General Securities Principal Examination
SRO Registrations
RR
FINRA

Current Firm

OI
OSAIC INSTITUTIONS, INC.
CONNECTICUT ASSOCIATION SECURITIES, INC. | OSAIC INSTITUTIONS, INC. | INFINEX INVESTMENTS, INC.

CRD#: 35371 / SEC#: 801-67242, 8-46661

RIA
Registered Investment Advisory firm - SEC (11/2/2006 Approved)
Connecticut
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Florida
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Indiana
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Maine
Registered Investment Advisory firm - SEC (12/7/2006 Terminated)
Massachusetts
Registered Investment Advisory firm - SEC (3/23/2007 Terminated)
New Hampshire
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Ohio
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Pennsylvania
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
Rhode Island
Registered Investment Advisory firm - SEC (11/22/2006 Terminated)
BD
Broker-Dealer Firm Regulated by FINRA (Boston district office)
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Contact information

Main Address
538 Preston Avenue, Meriden, CT 06450-4858
Mailing Address
538 Preston Avenue, Meriden, CT 06450-4858
Phone number
(203) 599-6000
Established
Connecticut since 04/07/1993
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
630

SEC notice filing (53 States and Territories)

Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

FINRA licenses (53 States and Territories)

Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents

Customer Relationship Summary (CRS / SEC)Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Part 2 Brochures

ADV 2A (3/31/2025)
ADV WRAP APPENDIX - AMP (3/31/2025)
ADV WRAP APPENDIX - ADVISOR MANAGED (LEGACY USE ONLY) (3/31/2025)
ADV WRAP APPENDIX - WEALTHSELECT (LEGACY USE ONLY) (3/31/2025)
ADV WRAP APPENDIX - UMA (3/31/2025)

Direct owners and executive officers

NamePositionCRD#
OSAIC INSTITUTIONS HOLDINGS, INC.HOLDING COMPANY
AMARANTE, STEPHEN PAULPRESIDENT, CEO AND DIRECTOR3165067
CORNICK, GREGORY ALLENDIRECTOR3132991
HAMMOND, DORI JAMILLECHIEF COMPLIANCE OFFICER3259012
MITCHELL, CHRISTOPHER MILLSCORPORATE TREASURER, FINANCIAL AND OPERATIONS PRINCIPAL2420144
PRICE, JAMES DALECHAIRMAN1243224
SCHLUETER, MATTHEW ADAMDIRECTOR AND EXECUTIVE VICE PRESIDENT OPERATIONS AND TECHNOLOGY SOLUTIONS2627931

Regulatory assets under management

Total Number of Accounts8,779
AUM (Assets Under Management)$ 4,024,448,971

Disclosures

Regulatory Event8

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.

Company Information

OSAIC INSTITUTIONS, INC.

CRD#: 35371Santa Fe, NM 87505

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Contact information

(xxx) xxx-xxxx
xxxxx@xxxx.xxx

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