TS
Thomas V. Scotto
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CRD#: 6108385
TS
Professional summary
Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.
That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.
Thomas Vincent Scotto, who also goes by Tom VIncent Scotto, Thomas Scotto, was a registered financial professional .
Thomas is a previously registered financial professional and started their career in finance in 2014. Thomas had worked at 5 firms and has passed the Series 66, Series 63, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
No
Aliases
Tom Vincent Scotto | Thomas Scotto
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.
Business Name: Transit Wealth - Investment Related: Yes - Address: 111 Pendleton Place, Old Bridge, NJ 08857 - Nature of Business: Insurance - Title or Relationship: Insurance Agent - Start Date: 1/10/2021 - Hours per month: 40 - Hours per month during trading hours: 40 - Duties: Provide insurance services. Business Name: Blue Wealth - Investment Related: Yes - Address: 111 Pendleton Place, Old Bridge, NJ 08857 - Nature of Business: Insurance - Title or Relationship: Insurance Agent - Start Date: 1/10/2022 - Hours per month: 20 - Hours per month during trading hours: 20 - Duties: Insurance and annuity sales to members of NYPD. Business Name: Red Wealth - Investment Related: Yes - Address: 111 Pendleton Place, Old Bridge, NJ 08857 - Nature of Business: Insurance - Title or Relationship: Insurance Agent - Start Date: 5/12/2023 - Hours per month: 5 - Hours per month during trading hours: 5 - Duties: Insurance and annuity sales to members of FDNY. Business Name: JCM - Investment Related: Yes - Address: 111 Pendleton Place, Old Bridge, NJ 08857 - Nature of Business: Insurance - Title or Relationship: Insurance Agent - Start Date: 5/8/2021 - Hours per month: 20 - Hours per month during trading hours: 20 - Duties: Life insurance, disability insurance and annuity sales for MTA bus drivers in Queens. Business Name: Thomas Scotto Consultants - Investment Related: Yes - Address: 3948 Amboy Rd, Staten Island, NY 10308 - Nature of Business: Insurance - Title or Relationship: Insurance Agent - Start Date: 7/15/2020 - Hours per month: 10 - Hours per month during trading hours: 10 - Duties: Group life insurance, group disability insurance and annuity sales offered to different unions. Business Name: Plutus Wealth Management - Investment Related: Yes - Address: 111 Pendleton Place, Old Bridge, NJ 08857 - Nature of Business: Registered Rep Activities through Regulus Financial Group, LLC using a DBA name; Investment Advisory Activities through Regal Investment Advisors, LLC using a DBA name; Insurance - Title or Relationship: Registered Representative/Investment Advisor Representative/Insurance Agent - Start Date: 10/16/2022 - Hours per month: 160 - Hours per month during trading hours: 135 - Duties: Provide financial and insurance services.
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
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
Past
March 4, 2024 - October 25, 2024
REGAL INVESTMENT ADVISORS LLC
RIA
CRD#: 125004
Old Bridge, NJ
Past
March 1, 2024 - October 25, 2024
REGULUS FINANCIAL GROUP, LLC
BD
CRD#: 150631
Old Bridge, NJ
Past
May 7, 2021 - January 5, 2024
MML INVESTORS SERVICES, LLC
RIA
CRD#: 10409
STATEN ISLAND, NY
Past
February 5, 2020 - January 5, 2024
MML INVESTORS SERVICES, LLC
BD
CRD#: 10409
STATEN ISLAND, NY
Past
July 13, 2016 - November 1, 2018
J.P. MORGAN SECURITIES LLC
RIA
CRD#: 79
STATEN ISLAND, NY
Past
June 9, 2016 - November 1, 2018
J.P. MORGAN SECURITIES LLC
BD
CRD#: 79
STATEN ISLAND, NY
Past
August 8, 2014 - May 5, 2016
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
BD
CRD#: 11025
STATEN ISLAND, 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".
RI
REGAL INVESTMENT ADVISORS LLC
DURAND CAPITAL PARTNERS, LLC | REGAL INVESTMENT ADVISORS LLC | REGAL FINANCIAL GROUP LLC | REGAL FINANCIAL GROUP | REGAL FINANCIAL ADVISORS | REGAL FAMILY OFFICE | REGAL CHARITABLE, LLC | LIONSHARE
CRD#: 125004 / SEC#: 801-71923
RIA
Registered Investment Advisory firm - (10/19/2010 Approved)Alaska
Registered Investment Advisory firm - (10/21/2010 Terminated)Florida
Registered Investment Advisory firm - (10/21/2010 Terminated)Indiana
Registered Investment Advisory firm - (10/21/2010 Terminated)Michigan
Registered Investment Advisory firm - (11/1/2010 Terminated)Minnesota
Registered Investment Advisory firm - (10/22/2010 Terminated)Nebraska
Registered Investment Advisory firm - (10/21/2010 Terminated)North Carolina
Registered Investment Advisory firm - (10/21/2010 Terminated)Ohio
Registered Investment Advisory firm - (10/21/2010 Terminated)Pennsylvania
Registered Investment Advisory firm - (10/22/2010 Terminated)South Carolina
Registered Investment Advisory firm - (10/21/2010 Terminated)South Dakota
Registered Investment Advisory firm - (10/21/2010 Terminated)Wisconsin
Registered Investment Advisory firm - (10/21/2010 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
This advisor is not registered in any state.
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
RI
REGAL INVESTMENT ADVISORS LLC
DURAND CAPITAL PARTNERS, LLC | REGAL INVESTMENT ADVISORS LLC | REGAL FINANCIAL GROUP LLC | REGAL FINANCIAL GROUP | REGAL FINANCIAL ADVISORS | REGAL FAMILY OFFICE | REGAL CHARITABLE, LLC | LIONSHARE
CRD#: 125004 / SEC#: 801-71923
RIA
Registered Investment Advisory firm - (10/19/2010 Approved)Alaska
Registered Investment Advisory firm - (10/21/2010 Terminated)Florida
Registered Investment Advisory firm - (10/21/2010 Terminated)Indiana
Registered Investment Advisory firm - (10/21/2010 Terminated)Michigan
Registered Investment Advisory firm - (11/1/2010 Terminated)Minnesota
Registered Investment Advisory firm - (10/22/2010 Terminated)Nebraska
Registered Investment Advisory firm - (10/21/2010 Terminated)North Carolina
Registered Investment Advisory firm - (10/21/2010 Terminated)Ohio
Registered Investment Advisory firm - (10/21/2010 Terminated)Pennsylvania
Registered Investment Advisory firm - (10/22/2010 Terminated)South Carolina
Registered Investment Advisory firm - (10/21/2010 Terminated)South Dakota
Registered Investment Advisory firm - (10/21/2010 Terminated)Wisconsin
Registered Investment Advisory firm - (10/21/2010 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
2687 44th Street Se, Kentwood, MI 49512
Mailing Address
Phone number
(616) 224-2204
Established
Firm type
Fiscal year end
# of Employees
118
SEC notice filing (50 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 12,303 |
| AUM (Assets Under Management) | $ 2,447,941,075 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 12/06/2023 | ||
| 12/06/2023 | ||
| 12/06/2023 |
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.
