SB
Scott A. Brown
RAI WEALTH
NAPERVILLE, IL 60563
Some features on this profile are disabled
CRD#: 5608638
SB
Professional summary
Scott Alexander Brown is a registered financial advisor currently at RAI WEALTH located in Naperville, Illinois and PRIVATE CLIENT SERVICES, LLC located in Naperville, Illinois.
Scott is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2008. Scott has worked at 7 firms and has passed the Series 66, SIE and Series 7 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) 1871 Dairy. 749 Woodlawn, Wheaton, IL 60187. Wholesale Dairy Business-no longer operating but not yet fully wound down. 5% investor. 0 hrs/mo. 2) City of Wheaton. 303 W Wesley, Wheaton, IL 60187. Serve as councilman of the N. district which is an elected position. Current term is up in April 2025. 10 hrs/mo; 0 during trading hrs. 3) Life Insurance Agent/Broker. 1700 Park Street, Suite 106, Naperville, IL 60563. Life & health insurance. 5 hrs/mo; 5 during trading hrs. 4) Meier Clinics. 2100 Manchester Road, Wheaton, IL 60187. Christian mental Heathcare provider. Ser on advisory council, which is non-binding, non-fiduciary capacity. My mom is the president. Not compensated for role. <1hr/mo; <1 hr during trading hrs. 5) SB Capital Management, LLC. 1700 Park Street, Suite 106, Naperville, IL 60563. Single purpose real estate entity. It owns the office condo that we operate RAI Wealth from. 0 hrs/mo. 6) Wheaton College. 501 College Avenue, Wheaton, IL 60187. Undergraduate & Graduate School. Currently serve on board of visitors. We meet semiannually with my last meeting being April 2023 after which I roll off. This is a non-compensated and non-fiduciary role. <1hr/mo; <1 hr during trading hrs. 7) Brown Wealth Management, LLC dba RAI Wealth Management. 1700 Park Street, Suite 106, Naperville, IL 60563. RIA. 480 hrs/mo; 480 during trading hrs.
CRS (Client Relationship Summary) - RIA
Click below to view Scott Alexander Brown'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®
NoneExperience
Current
April 5, 2023 - Present
RAI WEALTH
Office #1: 1700 Park Street, Suite 106, Naperville, IL 60563RIA
CRD#: 324695
NAPERVILLE, IL
Current
March 6, 2023 - Present
PRIVATE CLIENT SERVICES, LLC
Office #1: 1700 Park Street, Suite 106, Naperville, IL 60563RIA
BD
CRD#: 120222
Naperville, IL
Past
October 18, 2017 - March 7, 2023
SECURITIES AMERICA ADVISORS, INC.
RIA
CRD#: 110518
NAPERVILLE, IL
Past
October 18, 2017 - March 7, 2023
SECURITIES AMERICA, INC.
BD
CRD#: 10205
NAPERVILLE, IL
Past
July 16, 2012 - October 26, 2017
NATIONAL PLANNING CORPORATION
RIA
CRD#: 29604
RIVERWOODS, IL
Past
February 11, 2009 - August 1, 2012
ADVANTAGE INVESTMENT MANAGEMENT, LLC
RIA
CRD#: 146236
NAPERVILLE, IL
Past
January 12, 2009 - October 26, 2017
NATIONAL PLANNING CORPORATION
BD
CRD#: 29604
RIVERWOODS, IL
Past
October 28, 2008 - January 8, 2009
WATERSTONE FINANCIAL GROUP, INC.
BD
CRD#: 10078
WHEATON, IL
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".
RW
RAI WEALTH
BROWN WEALTH MANAGEMENT, LLC | RAI WEALTH
CRD#: 324695 / SEC#: 801-127594
RIA
Registered Investment Advisory firm - (4/5/2023 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
Arizona(3/6/2023)
RR
Colorado(3/6/2023)
RR
District of Columbia(3/6/2023)
RR
Florida(3/6/2023)
RR
Georgia(3/6/2023)
RR
Illinois(3/6/2023)
IAR
Illinois(4/6/2023)
RR
Indiana(3/6/2023)
RR
Michigan(3/6/2023)
RR
Ohio(3/6/2023)
RR
Oregon(5/14/2024)
RR
South Carolina(3/19/2024)
RR
Tennessee(3/6/2023)
RR
Texas(3/6/2023)
IAR
Texas(4/5/2023)
RR
Utah(3/6/2023)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
RW
RAI WEALTH
BROWN WEALTH MANAGEMENT, LLC | RAI WEALTH
CRD#: 324695 / SEC#: 801-127594
RIA
Registered Investment Advisory firm - (4/5/2023 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1700 Park Street, Suite 106, Naperville, IL 60563
Mailing Address
Phone number
(630) 733-8434
Established
Firm type
Fiscal year end
# of Employees
8
SEC notice filing (8 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 1,097 |
| AUM (Assets Under Management) | $ 408,633,850 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
