RG
Richard Gustafson
PROSPERITY CAPITAL ADVISORS
Red Bank, NJ 07701
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CRD#: 5738829
RG
Professional summary
Richard Gustafson is a registered financial advisor currently at PROSPERITY CAPITAL ADVISORS located in Red Bank, New Jersey and M HOLDINGS SECURITIES, INC. located in Red Bank, New Jersey.
Richard is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2009. Richard has worked at 3 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. AFEA - American Financial Education Alliance; www.myafea.org; 10/1/2016; Speaker; Educational Seminars; Not Investment Related; 8 hours/month; 0 hours/month during business hours; No Compensation. 2. OneTeam Financial; 331 Newman Springs Road Bldg. 1, Suite 107 Red Bank, NJ 07701; 02/09/20106; Marketer; Sales & Marketing of insurance products including Long Term Care, Life Insurance, Disability Income, Medicare planning & Fixed Annuities; Investment Related; 160 hours/month; 120 hours/month during business hours; Commissions. 3. Clarity 2 Prosperity; 30400 Detroit Road Suite 201, Westlake, OH 44145; 01/01/2021; Advisor; Fixed products sales and service; Not Investment Related; 5 hours/month; 5 hours/month during business hours; No Compensation. 4. Mr. Gustafson is a member and Assistant Director of Divorce Professionals of Ft. Lauderdale, FL. This is a networking organization for professionals assisting people in need of services associated with divorce. Richard spends approximately 4 hours per month on this activity, not during securities trading hours. This role has no compensation and is not an investment-related activity. 5. PCA - Prosperity Capital Advisors; 30400 Detroit Rd, #201, Westlake OH 44145; RIA; Investment Related; Financial Advisor; Manage Assets; 1/1/2024; 120 hours per month; 30 hours per month during trading hours. 6. Mr. Gustafson is a registered representative of M Holdings Securities, Inc., a registered broker-dealer and member of FINRA conducting business at his registered location. In such capacity, Mr. Gustafson sells securities through M Holding Securities, Inc. and receives normal and customary commissions and other types of compensation, for example, mutual fund 12b-1 fees or variable annuity trails. Mr. Gustafson spends approximately 10 hours per week on this activity during trading hours.
CRS (Client Relationship Summary) - RIA
Click below to view Richard Gustafson'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
November 8, 2023 - Present
PROSPERITY CAPITAL ADVISORS
Office #1: 331 Newman Springs Road Bldg. 1, Suite 107, Red Bank, NJ 07701Office #2: 200 Connell Park Suite 2l8a, Berkeley Heights, NJ 07922RIA
CRD#: 156480
Red Bank, NJ
Current
February 18, 2016 - Present
M HOLDINGS SECURITIES, INC.
Office #1: 331 Newman Springs Road, Bldg 1, Suite 107, Red Bank, NJ 07701RIA
BD
CRD#: 43285
Red Bank, NJ
Past
February 19, 2016 - August 13, 2025
M HOLDINGS SECURITIES, INC.
RIA
CRD#: 43285
Cranford, NJ
Past
August 18, 2011 - March 16, 2016
AMERITAS INVESTMENT COMPANY, LLC
RIA
CRD#: 14869
NEW YORK, NY
Past
December 24, 2009 - March 16, 2016
AMERITAS INVESTMENT COMPANY, LLC
BD
CRD#: 14869
NEW YORK, 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".
PC
PROSPERITY CAPITAL ADVISORS
C2P CAPITAL ADVISORY GROUP, LLC | WEALTH LOGIC SOLUTIONS | UNITED FINANCIAL SOLUTIONS | THE SMITH GROUP TAX & WEALTH ADVISORS | THE JL SMITH GROUP | THE CHAMBERLIN GROUP | PROSPERITY CAPITAL ADVISORS
CRD#: 156480 / SEC#: 801-72187
RIA
Registered Investment Advisory firm - (3/22/2011 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(2/18/2016)
IAR
California(11/8/2023)
RR
Delaware(6/16/2023)
RR
Florida(6/16/2023)
RR
Georgia(6/29/2023)
RR
New Jersey(2/18/2016)
IAR
New Jersey(11/9/2023)
RR
New York(2/18/2016)
IAR
New York(11/8/2023)
RR
North Carolina(12/1/2020)
RR
South Carolina(5/4/2022)
RR
Texas(9/5/2024)
RR
Virginia(6/26/2023)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
PC
PROSPERITY CAPITAL ADVISORS
C2P CAPITAL ADVISORY GROUP, LLC | WEALTH LOGIC SOLUTIONS | UNITED FINANCIAL SOLUTIONS | THE SMITH GROUP TAX & WEALTH ADVISORS | THE JL SMITH GROUP | THE CHAMBERLIN GROUP | PROSPERITY CAPITAL ADVISORS
CRD#: 156480 / SEC#: 801-72187
RIA
Registered Investment Advisory firm - (3/22/2011 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
30400 Detroit Road Suite 201, Westlake, OH 44145
Mailing Address
Phone number
(888) 240-0064
Established
Firm type
Fiscal year end
# of Employees
202
SEC notice filing (42 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 14,823 |
| AUM (Assets Under Management) | $ 3,684,966,200 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
