Jacob S. Westphal

HEARTLAND ADVISORS

Milwaukee, WI 53202

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CRD#: 6412147

Professional summary

Jacob Scott Westphal is a registered financial advisor currently at HEARTLAND ADVISORS, INC. located in Milwaukee, Wisconsin and ALPS DISTRIBUTORS, INC. located in Milwaukee, Wisconsin.

Jacob is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2018. Jacob has worked at 3 firms and has passed the Series 65, Series 63, Series 86, Series 87, 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. HEARTLAND ADVISORS INC, INVESTMENT RELATED, 790 WATER STREET SUITE 1200 MILWAUKEE WI 53202, INVESTMENT FIRM, ASSOCIATE PORTFOLIO MANAGER, 160 HRS/MON, 130 HRS/MON DURING TRADING. 2. ALPS DISTRIBUTORS, INC. 1290 BROADWAY, SUITE 1000, DENVER, CO 80203 BUSINESS IS INVESTMENT RELATED - BD, REGISTERED REPRESENTATIVE, 160 HOURS/MONTH, 130 HOUR/MONTH DURING TRADING HOURS

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Jacob Scott Westphal'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®

None

Experience

Current

March 31, 2021 - Present

HEARTLAND ADVISORS, INC.

Office #1: 790 N Water Street Suite 1200, Milwaukee, WI 53202

RIA

CRD#: 29433

Milwaukee, WI

Current

April 22, 2020 - Present

ALPS DISTRIBUTORS, INC.

Office #1: 790 Water Street Suite 1200, Milwaukee, WI 53202

CRD#: 16853

Milwaukee, WI

Past

August 4, 2018 - March 24, 2020

UBS SECURITIES LLC

CRD#: 7654

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".

HEARTLAND ADVISORS, INC.

CRD#: 29433 / SEC#: 801-19074, 8-44310

RIA

Registered Investment Advisory firm - SEC (6/23/1983 Approved)

Terminated by SEC on 12/09/2003

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

Alabama
(5/2/2025)

Alaska
(5/2/2025)

Arizona
(5/2/2025)

Arkansas
(5/2/2025)

California
(5/2/2025)

Colorado
(5/2/2025)

Connecticut
(5/2/2025)

Delaware
(5/2/2025)

District of Columbia
(5/2/2025)

Florida
(5/2/2025)

Georgia
(5/2/2025)

Hawaii
(5/2/2025)

Idaho
(5/2/2025)

Illinois
(5/2/2025)

Indiana
(5/2/2025)

Iowa
(5/2/2025)

Kansas
(5/2/2025)

Kentucky
(5/2/2025)

Louisiana
(5/2/2025)

Maine
(5/2/2025)

Maryland
(5/2/2025)

Massachusetts
(5/2/2025)

Michigan
(5/2/2025)

Minnesota
(5/2/2025)

Mississippi
(5/2/2025)

Missouri
(5/2/2025)

Montana
(5/2/2025)

Nebraska
(5/2/2025)

Nevada
(5/2/2025)

New Hampshire
(5/2/2025)

New Jersey
(5/2/2025)

New Mexico
(5/2/2025)

New York
(5/2/2025)

North Carolina
(5/2/2025)

North Dakota
(5/2/2025)

Ohio
(5/5/2025)

Oklahoma
(5/2/2025)

Oregon
(5/2/2025)

Pennsylvania
(5/2/2025)

Rhode Island
(5/2/2025)

South Carolina
(5/2/2025)

South Dakota
(5/2/2025)

Tennessee
(6/2/2025)

Texas
(5/2/2025)

Utah
(5/2/2025)

Vermont
(5/2/2025)

Virginia
(5/2/2025)

Washington
(5/2/2025)

West Virginia
(5/2/2025)

Wisconsin
(4/22/2020)

IAR

Wisconsin
(3/31/2021)

Wyoming
(5/2/2025)

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: 8/1/2020

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 9/5/2018

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 86

Date: 11/10/2018

Research Analyst Exam - Part I Analysis Module

General Industry/Product Exam

Series 87

Date: 10/10/2018

Research Analyst Exam - Part II Regulations Module

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 8/4/2018

General Securities Representative Examination

SRO Registrations

FINRA

Current Firm

HEARTLAND ADVISORS, INC.

CRD#: 29433 / SEC#: 801-19074, 8-44310

RIA

Registered Investment Advisory firm - SEC (6/23/1983 Approved)

Terminated by SEC on 12/09/2003

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Contact information

Main Address

790 N Water Street Suite 1200, Milwaukee, WI 53202

Mailing Address

Phone number

(414) 347-7777

Established

Wisconsin since 03/03/1953

Firm type

Corporation

Fiscal year end

December

# of Employees

SEC notice filing (17 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

HEARTLAND ADVISORS, INC. BROCHURE (ADV PART 2A) (8/14/2025)

Direct owners and executive officers

Name	Position	CRD#
HEARTLAND HOLDINGS, INC.	SHAREHOLDER
BEST, NICOLE JEANNINE	SENIOR VICE PRESIDENT & TREASURER	3053329
BESTE, PAUL TIMOTHY	CHIEF OPERATING OFFICER	2262587
MILLER, ERIC JAMES	SENIOR VICE PRESIDENT & DIRECTOR	2437730
NASGOVITZ, WILLIAM JOHN	PRESIDENT, CHIEF EXECUTIVE OFFICER	344990

Regulatory assets under management

Total Number of Accounts	92
AUM (Assets Under Management)	$ 1,885,901,565

Disclosures

Regulatory Event

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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Advisor Monitoring

Firm Stability Insights

Jacob S. Westphal

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Jacob Scott Westphal's CRS (Customer Relationship Summary).

Certified licenses

Experience

ALPS DISTRIBUTORS, INC.

UBS SECURITIES LLC

Primary Firm SEC Registration

HEARTLAND ADVISORS, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 8/1/2020

Series 63

Date: 9/5/2018

Series 86

Date: 11/10/2018

Series 87

Date: 10/10/2018

SIE

Date: 10/1/2018

Series 7

Date: 8/4/2018

FINRA

Current Firm

HEARTLAND ADVISORS, INC.

Contact information

SEC notice filing (17 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Disclosures

Red Flags

Company Information

HEARTLAND ADVISORS, INC.

TRUST BUT VERIFY

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