Paul D. Costello

COSTELLO FINANCIAL PLANNING

Arlington Heights, IL

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CRD#: 6647682

Professional summary

Paul Desmond Costello, who also goes by Paul Costello, is a registered financial advisor currently at COSTELLO FINANCIAL PLANNING, INC. located in Arlington Heights, Illinois.

Paul is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2016. Paul has worked at 2 firms and has passed the Series 65, SIE and Series 99 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Paul Costello

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.

Partner at Brothers Tax LLC. Brothers Tax LLC is a company which prepares tax returns for its clients. It is not investment related. I started working with Brothers Tax, LLC in January 2019. I devote approximately 20 hours a month during the period of January to April every year.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Paul Desmond Costello'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 27, 2019 - Present

COSTELLO FINANCIAL PLANNING, INC.

RIA

CRD#: 175295

Arlington Heights, IL

Past

August 31, 2016 - April 16, 2018

DEUTSCHE BANK SECURITIES INC.

CRD#: 2525

CHICAGO, 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".

COSTELLO FINANCIAL PLANNING, INC.

COSTELLO FINANCIAL PLANNING, INC. | COSTELLO, ROBERT FRANCIS

CRD#: 175295 / SEC#: 801-122006

RIA

Registered Investment Advisory firm - (8/4/2021 Approved)

Illinois

Registered Investment Advisory firm - (3/29/2022 Terminated)

Michigan

Registered Investment Advisory firm - (4/5/2022 Terminated)

Oregon

Registered Investment Advisory firm - (4/5/2022 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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.

Highlighted states indicate IAR registrations

IAR

Illinois
(3/27/2019)

IAR

Michigan
(3/27/2019)

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.

Exams

State Security Law Exam

IAR

Series 65

Date: 3/13/2019

Uniform Investment Adviser Law Examination

General Industry/Product Exam

SIE

Date: 4/16/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 99

Date: 8/31/2016

Operations Professional Examination

Current Firm

COSTELLO FINANCIAL PLANNING, INC.

COSTELLO FINANCIAL PLANNING, INC. | COSTELLO, ROBERT FRANCIS

CRD#: 175295 / SEC#: 801-122006

RIA

Registered Investment Advisory firm - (8/4/2021 Approved)

Illinois

Registered Investment Advisory firm - (3/29/2022 Terminated)

Michigan

Registered Investment Advisory firm - (4/5/2022 Terminated)

Oregon

Registered Investment Advisory firm - (4/5/2022 Terminated)

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Contact information

Main Address

Arlington Heights, IL

Mailing Address

Phone number

(847) 894-2067

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (4 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

COSTELLO FINANCIAL PLANNING - FORM ADV PART 2A (3/14/2025)

Regulatory assets under management

Total Number of Accounts	575
AUM (Assets Under Management)	$ 168,137,057

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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Firm Stability Insights

Paul D. Costello

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Paul Desmond Costello's CRS (Customer Relationship Summary).

Certified licenses

Experience

COSTELLO FINANCIAL PLANNING, INC.

DEUTSCHE BANK SECURITIES INC.

Primary Firm SEC Registration

COSTELLO FINANCIAL PLANNING, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 3/13/2019

SIE

Date: 4/16/2018

Series 99

Date: 8/31/2016

Current Firm

COSTELLO FINANCIAL PLANNING, INC.

Contact information

SEC notice filing (4 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

COSTELLO FINANCIAL PLANNING, INC.

TRUST BUT VERIFY

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