Leonard J. Picone

OSAIC WEALTH

Williamsville, NY 14221

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CRD#: 5170258

Professional summary

Leonard Joseph Picone, AIF®, CFP® is a registered financial advisor currently at OSAIC WEALTH, INC. located in Williamsville, New York.

Leonard is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2006. Leonard has worked at 2 firms and has passed the Series 65, Series 63, SIE, Series 7 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.

1. NORTHEASTERN FINANCIAL PARTNERS POSITION: Other NATURE: LLC INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 07/01/2014 ADDRESS: 5780 Main Street, Williamsville NY 14221, United States DESCRIPTION: Consult on business operations and expense management (rent, utilities, staff) any excess revenue is distributed in part to myself 2. NORTHEASTERN FINANCIAL PARTNERS, LLC/INSURANCE BROKERAGE POSITION: Other NATURE: Insurance Brokerage commissions are paid from the brokerage firm to the DBA which then pays me a portion of the commissions INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 07/01/2014 ADDRESS: 5780 Main Street, Williamsville NY 14221, United States DESCRIPTION: Agent/representative of multiple insurance carriers selling and servicing life, annuity, disability coverage 3. INSURANCE BROKERAGE / BOSTON PARTNERS FINANCIAL GROUP, LLC POSITION: Insurance Agent NATURE: Sole Proprietorship INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 05/31/2006 ADDRESS: 5780 Main St, Williamsville NY 14221, United States DESCRIPTION: Filing this OBA to record John Hancock servicing fees and renewals paid to Boston Partners Financial Group. 4. INSURANCE BROKERAGE POSITION: Sole Proprietor, Agent; Number of hours: 1, Number of securities trading hours, 1. START DATE: 9/1/2016 ADDRESS: 5780 Main St, Williamsville, NY 14221 DESCRIPTION: INSURANCE BROKER-HEALTH AND GROUP, INSURANCE BROKER-LIFE,ANNUITIES, Insurance Broker: Life, Annuities, LTC, DI at Kafl Ins Agency. 5. STONE RIDGE ASSOCIATION INC. POSITION: Board Member NATURE: Homeowners Association Board Member position, I am NOT the treasurer. Community of 27 units in ski town where we own a unit. INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 01/01/2022 ADDRESS: PO Box 51, Ellicottville NY 14731, United States DESCRIPTION: General member of the board to oversee property management and maintenance of the property as well as compliance with rules and regs of the association 6. NATIVITY OF OUR LORD SCHOOL - ORCHARD PARK POSITION: Board Member NATURE: Non-Profit Parochial School for children PreK3 - 8th Grade INVESTMENT RELATED: No NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 0 START DATE: 04/01/2024 ADDRESS: 4414 South Buffalo Street, Orchard Park NY 14127, United States DESCRIPTION: General board member working with the school principal, pastor, and parish committee to oversee the administration of the school.Possibly a finance committee chair and/or participant of the committee in the near future.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Leonard Joseph Picone's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

CRS (Client Relationship Summary) - BD

Click below to view Leonard Joseph Picone'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®

AIF^®

Accredited Investment Fiduciary

CFP^®

Certified Financial Planner

Start date: 2009

Experience

Current

November 2, 2018 - Present

OSAIC WEALTH, INC.

Office #1: 5780 Main Street, Williamsville, NY 14221

RIA

CRD#: 23131

Williamsville, NY

Current

November 2, 2018 - Present

OSAIC WEALTH, INC.

Office #1: 5780 Main Street, Williamsville, NY 14221

RIA

CRD#: 23131

Williamsville, NY

Past

April 15, 2016 - November 2, 2018

SIGNATOR INVESTORS, INC.

RIA

CRD#: 468

WILLIAMSVILLE, NY

Past

August 3, 2006 - November 2, 2018

SIGNATOR INVESTORS, INC.

CRD#: 468

WILLIAMSVILLE, NY

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".

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

Broker-Dealer Firm Regulated by FINRA (Denver 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.

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

California
(11/2/2018)

IAR

California
(11/2/2018)

Colorado
(3/18/2021)

District of Columbia
(1/12/2022)

Florida
(11/2/2018)

IAR

Florida
(8/9/2023)

Illinois
(9/23/2019)

Kansas
(10/13/2022)

Kentucky
(3/12/2025)

Maine
(9/23/2019)

Massachusetts
(2/7/2024)

Nevada
(2/7/2024)

New Jersey
(11/2/2018)

New York
(11/2/2018)

IAR

New York
(4/26/2021)

North Carolina
(11/2/2018)

IAR

North Carolina
(9/12/2024)

Ohio
(9/23/2019)

Oregon
(12/9/2020)

Pennsylvania
(11/2/2018)

South Carolina
(3/19/2019)

Tennessee
(8/28/2024)

Texas
(8/8/2023)

IAR

Texas
(8/8/2023)

Utah
(3/5/2019)

Virginia
(12/1/2022)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 4/14/2016

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 8/24/2006

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 1/3/2012

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 8/2/2006

Investment Company Products/Variable Contracts Representative Examination

SRO Registrations

FINRA

Current Firm

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

Broker-Dealer Firm Regulated by FINRA (Denver district office)

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Contact information

Main Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Mailing Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Phone number

(800) 821-5100

Established

Delaware since 08/05/1988

Firm type

Corporation

Fiscal year end

December

Firm Size

Large

# of Employees

8,717

SEC notice filing (53 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

OSAIC WEALTH, INC ADV PART 2A (10/20/2025)

SIGNATOR MANAGED ACCOUNT PLATFORM (3/31/2025)

Direct owners and executive officers

Name	Position	CRD#
OSAIC, INC.	SHAREHOLDER
CORNICK, GREGORY ALLEN	CEO, PRESIDENT, DIRECTOR	3132991
FORD, ERINN JUNE	DIRECTOR	2176816
MIHAL, SHAWN MICHAEL	SVP, CHIEF COMPLIANCE OFFICER	3262384
MITCHELL, CHRISTOPHER MILLS	CORPORATE TREASURER, FINANCIAL PRINCIPAL	2420144
PRICE, JAMES DALE	CHAIRMAN	1243224
SCHLUETER, MATTHEW ADAM	EVP, OPERATIONS AND TECHNOLOGY SOLUTIONS, DIRECTOR	2627931

Regulatory assets under management

Total Number of Accounts	797,559
AUM (Assets Under Management)	$ 200,266,275,275

Disclosures

Regulatory Event	50
Arbitration	31
Bond	7

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
11/14/2025	Cover Page	Report
12/18/2024	Cover Page	Report
01/26/2024	Cover Page	Report

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.

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Leonard J. Picone

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Leonard Joseph Picone's CRS (Customer Relationship Summary).

CRS (Client Relationship Summary) - BD

Click below to view Leonard Joseph Picone's CRS (Customer Relationship Summary).

Certified licenses

Experience

OSAIC WEALTH, INC.

SIGNATOR INVESTORS, INC.

SIGNATOR INVESTORS, INC.

Primary Firm SEC Registration

OSAIC WEALTH, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 4/14/2016

Series 63

Date: 8/24/2006

SIE

Date: 10/1/2018

Series 7

Date: 1/3/2012

Series 6

Date: 8/2/2006

FINRA

Current Firm

OSAIC WEALTH, INC.

Contact information

SEC notice filing (53 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Disclosures

Accountant surprise examination report

Red Flags

Company Information

OSAIC WEALTH, INC.

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