LC
Louis E. Chomo
LATITUDE ADVISORS
ALLENTOWN, PA 18103
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CRD#: 4342960
LC
Professional summary
Louis Edward Chomo, CFP® is a registered financial advisor currently at LATITUDE ADVISORS, LLC located in Allentown, Pennsylvania and GWN SECURITIES INC. located in Allentown, Pennsylvania.
Louis is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2001. Louis has worked at 4 firms and has passed the Series 63, SIE and Series 6 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.
01/2001-PRESENT; LANG, FAYLOR, CHOMO & COMPANY, PC; 3570 HAMILTON BOULEVARD, SUITE 202, ALLENTOWN PA 18103; CPA; ACCOUNTING & TAXATION; 73% OF TIME; SALARY & BONUS. 01/2001-PRESENT; INDEPENDENT INSURANCE AGENT; 3570 HAMILTON BOULEVARD, SUITE 202, ALLENTOWN, PA 18103; FIXED INSURANCE & ANNUITIES; 22% OF TIME; COMMISSION. 01/2001-PRESENT; LATITUDE ADVISORS, LLC; INVESTMENT ADVISOR REPRESENTATIVE; 3570 HAMILTON BOULEVARD, SUITE 202, ALLENTOWN, PA 18103; INVESTMENT ADVICE; 5% OF TIME; FEES. TRUSTEE POSITION: Trustee NATURE: The nature of the business is that I will be a trustee for the benefit of a former client's funds for the benefit of his son. Duties would be manage the trust investment and carrying out the duties of the trustee such as making appropriate distributions filing income tax returns, etc. as required according to the trust document. INVESTMENT RELATED: Yes NUMBER OF HOURS: 4 SECURITIES TRADING HOURS: 4 START DATE: 11/01/2021 ADDRESS: 3570 Hamilton Boulevard, Suite 202, Allentown PA 18103, United States DESCRIPTION: I will be becoming the trustee for a trust of a former client for the benefit of his son as beneficiary. The son has claimed IRA accounts where he personally was named as beneficiary as opposed to the trust for his benefit. Once I am approved to become trustee I will begin accumulating the appropriate funds in a brokerage account with TD Ameritrade and managing the investments and carrying on the duties of the trust. I have notified the beneficiary that upon approval as trustee, any accounts that he claimed as inherited would have to leave my representation due to the conflict of interest. The beneficiary has agreed upon my approval as trustee that he will transfer his Inherited IRA to alleviate any conflict of interest. CO-EXECUTOR POSITION: Co-Executor NATURE: I will be a co-executor of an estate for a former client to assist in gathering estate assets and getting them transferred to a Testamentary Trust INVESTMENT RELATED: Is Not Investment Related NUMBER OF HOURS: 6 hours per month, SECURITIES TRADING HOURS: 0 hours per month during trading hours, START DATE: 2023-05-18 ADDRESS: 3570 Hamilton Boulevard, Suite 202, Allentown, PA, 18103, United States COMPENSATION: Hourly Compensation DESCRIPTION: I will be assisting an estate attorney in gathering assets from a decedent's estate to get them transferred to a testamentary trust for the decedent's beneficiary.
CRS (Client Relationship Summary) - RIA
Click below to view Louis Edward Chomo'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: 2000
Experience
Current
November 2, 2009 - Present
LATITUDE ADVISORS, LLC
Office #1: 3570 Hamilton Blvd Suite 202, Allentown, PA 18103RIA
CRD#: 151001
ALLENTOWN, PA
Current
November 2, 2009 - Present
GWN SECURITIES INC.
Office #1: 3570 Hamilton Boulevard, Suite 202, Allentown, PA 18103RIA
BD
CRD#: 128929
Allentown, PA
Past
March 19, 2001 - November 5, 2009
MEDALLION ADVISORY SERVICES, LLC
RIA
CRD#: 113788
ALLENTOWN, PA
Past
February 8, 2001 - November 5, 2009
MEDALLION INVESTMENT SERVICES, INC.
BD
CRD#: 45314
ALLENTOWN, 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".
LA
LATITUDE ADVISORS, LLC
BIG HORN ADVISORS, LLC | LATITUDE ADVISORS, LLC
CRD#: 151001 / SEC#: 801-70420
RIA
Registered Investment Advisory firm - (7/16/2009 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
Colorado(1/8/2025)
RR
Florida(11/2/2009)
RR
Georgia(1/8/2025)
RR
Illinois(1/8/2025)
RR
Maryland(1/8/2025)
RR
Massachusetts(1/8/2025)
RR
Michigan(1/8/2025)
RR
New Jersey(11/2/2009)
RR
New York(1/8/2025)
RR
Ohio(1/8/2025)
RR
Oregon(10/14/2025)
RR
Pennsylvania(11/2/2009)
IAR
Pennsylvania(11/2/2009)
RR
South Carolina(1/8/2025)
RR
Texas(1/8/2025)
RR
Virginia(11/2/2009)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
LA
LATITUDE ADVISORS, LLC
BIG HORN ADVISORS, LLC | LATITUDE ADVISORS, LLC
CRD#: 151001 / SEC#: 801-70420
RIA
Registered Investment Advisory firm - (7/16/2009 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
Yorkville, IL
Mailing Address
Phone number
(630) 553-3730
Established
Firm type
Fiscal year end
# of Employees
70
SEC notice filing (26 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 2,305 |
| AUM (Assets Under Management) | $ 379,516,000 |
Red Flags
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Company Information
LATITUDE ADVISORS, LLC
CRD#: 151001Allentown, PA 18103TRUST BUT VERIFY
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