RM
Richard Magdaleno
LATITUDE ADVISORS
CERRITOS, CA
Some features on this profile are disabled
CRD#: 4636536
RM
Professional summary
Richard Magdaleno, CFP®, ChFC® is a registered financial advisor currently at LATITUDE ADVISORS, LLC located in Cerritos, California and GWN SECURITIES INC. located in Newport Beach, California.
Richard is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2003. Richard has worked at 4 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 24 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.
01/2010 - LATITUDE ADVISORS, LLC - IA REPRESENTATIVE - COMPENSATED VIA FEES - 10% OF TIME CORONA DEL MAR CHAMBER OF COMMERCE POSITION: Board Member - Volunteer NATURE: Promoting the local business community INVESTMENT RELATED: no NUMBER OF HOURS: 2 INVESTMENT RELATED HOURS: 0 START DATE: 01/01/2014 ADDRESS:2855 East Coast Hwy, SUITE 101, Corona Del Mar CA 92625 DESCRIPTION: Served as a volunteer on the chamber of commerce board. This was a non-paid position. This entry should be considered an update to a previous declaration made when I first joined the board. At this time, I am not officially involved with the chamber. INSURANCE BUSINESS INVESTMENT RELATED; PRESIDENT; NATURE: LIFE INSURANCE & ANNUITIES; ADDRESS: 5001 BRICH STREET, NEWPORT BEACH CA 92660; 3 HOURS PER MONTH AND 0 DURING TRADING HOURS; START: 03/11/2009; FEE BASED COMPENSATION; DUTY: Attend insurance vendor presentations to learn about their latest product offerings and how to structure them effectively. If it is determined through a financial planning process that an insurance product is suitable and in the best interest of a client, presentations and illustrations will be presented for them to review. MAGDALENO FINANCIAL SERVICES NOT INVESTMENT RELATED; PRESIDENT; ADDRESS: 5001 BRICH STREET, NEWPORT BEACH CA 92660; 1 HOURS PER MONTH AND 0 DURING TRADING HOURS; START:01/25/2010; NO COMPENSATION; DUTIES: The DBA Magdaleno Financial Services is used for marketing and branding purposes. MAGDALENO FINANCIAL INC NOT INVESTMENT RELATED; PRESIDENT; ADDRESS: 5001 BRICH STREET, NEWPORT BEACH CA 92660; 1 HOURS PER MONTH AND 0 DURING TRADING HOURS; START:03/12/2009; NO COMPENSATION; DUTIES: Submitting the required documents to the state of CA on an annual basis. Maintaining corporate documents. Submitting annual tax returns.
CRS (Client Relationship Summary) - RIA
Click below to view Richard Magdaleno'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: 2010
Experience
Current
January 26, 2010 - Present
LATITUDE ADVISORS, LLC
RIA
CRD#: 151001
CERRITOS, CA
Current
January 21, 2010 - Present
GWN SECURITIES INC.
Office #1: 5001 Birch Street Suite 39, Newport Beach, CA 92660RIA
BD
CRD#: 128929
NEWPORT BEACH, CA
Past
January 21, 2010 - January 22, 2010
GWN SECURITIES INC.
RIA
CRD#: 128929
PALM BEACH GARDENS, FL
Past
July 16, 2007 - November 11, 2009
LPL FINANCIAL LLC
RIA
CRD#: 6413
NEWPORT BEACH, CA
Past
July 16, 2007 - November 11, 2009
LPL FINANCIAL LLC
BD
CRD#: 6413
NEWPORT BEACH, CA
Past
May 28, 2003 - July 11, 2007
EQUITABLE ADVISORS, LLC
RIA
CRD#: 6627
IRVINE, CA
Past
March 20, 2003 - July 11, 2007
EQUITABLE ADVISORS, LLC
BD
CRD#: 6627
IRVINE, CA
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
California(1/21/2010)
IAR
California(1/26/2010)
RR
Massachusetts(8/7/2018)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory 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
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
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
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.
