James M. Derosa

ALLSTATE FINANCIAL ADVISORS

Randolph, NJ 07869-2938

Some features on this profile are disabled

CRD#: 847369

Professional summary

James Michael Derosa, who also goes by Jim Derosa, is a registered financial advisor currently at ALLSTATE FINANCIAL ADVISORS, LLC located in Randolph, New Jersey and ALLSTATE FINANCIAL SERVICES, LLC located in Randolph, New Jersey.

James is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1978. James has worked at 8 firms and has passed the Series 65, Series 63, Series 52TO, SIE, Series 7, Series 1, Series 53 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Jim Derosa

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.

BENEFITMALL POSITION: Assigned Servicing Rep NATURE: BenefitMall merged with Allstate NJ' relationship for group health in NJ....believe it was AJ Gallagher's or Bollinger when I joined Allstate as an EFS in 2010 and was assigned group health plans to service...most of which dissolved since...now just residual service commission continue for the last continuing very small group health plan...although trying to roll to Allstate' new Allstate Health Solutions recently introduced in NJ. Not sure if and when Allstate discontinued the relationship with the broker, like CRUMP. INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 04/01/2024 ADDRESS: 331 Newman Spring Rd, Bldg 1, Ste 106, Red Bank NJ 07701, United States DESCRIPTION: Coordinate between the broker and the customers occasional service concerns...small aging group, so no new enrollments...also Allstate Benefits plan, and referrals to Allstate Health Solutions for Medicare Supplement consideration. EVERLAKE, AMERICAN HERITAGE, ALLSTATE, NY POSITION: Agent NATURE: Life Insurance Renewal Commissions INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 10 START DATE: 07/01/2025 ADDRESS: Everlake Life, 777 Research Dr, Lincoln NE 68521, United States DESCRIPTION: Insurance Policy sales & service

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view James Michael Derosa'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 23, 2023 - Present

ALLSTATE FINANCIAL ADVISORS, LLC

Office #1: 1243 Sussex Tpke, Randolph, NJ 07869-2938

RIA

CRD#: 109524

Randolph, NJ

Current

July 28, 2010 - Present

ALLSTATE FINANCIAL SERVICES, LLC

Office #1: 1243 Sussex Tpke, Randolph, NJ 07869-2938

CRD#: 18272

Randolph, NJ

Past

July 2, 2009 - July 12, 2010

AMERITAS INVESTMENT COMPANY, LLC

RIA

CRD#: 14869

FORT LEE, NJ

Past

June 15, 2009 - July 12, 2010

AMERITAS INVESTMENT COMPANY, LLC

CRD#: 14869

FORT LEE, NJ

Past

April 23, 2008 - June 23, 2009

NEW ENGLAND SECURITIES

CRD#: 615

NEW YORK, NY

Past

June 29, 2006 - February 22, 2008

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

RIA

CRD#: 20472

NEW YORK, NY

Past

June 29, 2006 - February 22, 2008

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

CRD#: 20472

NEW YORK, NY

Past

July 26, 2002 - June 12, 2006

WADDELL & REED

RIA

CRD#: 866

MORRISTOWN, NJ

Past

May 1, 2001 - June 12, 2006

WADDELL & REED

CRD#: 866

MORRISTOWN, NJ

Past

November 25, 1996 - May 7, 2001

PRUCO SECURITIES, LLC.

CRD#: 5685

NEWARK, NJ

Past

February 18, 1982 - August 13, 1996

PRUCO SECURITIES, LLC.

CRD#: 5685

NEWARK, NJ

Past

January 3, 1978 - December 10, 1993

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

CRD#: 680

NEWARK, NJ

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".

ALLSTATE FINANCIAL ADVISORS, LLC

ALLSTATE FINANCIAL ADVISORS LLC | ALLSTATE FINANCIAL ADVISORS, LLC

CRD#: 109524 / SEC#: 801-68510

RIA

Registered Investment Advisory firm - (11/21/2007 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.

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

Connecticut
(5/19/2022)

Florida
(9/10/2024)

Missouri
(2/6/2020)

New Hampshire
(2/28/2024)

New Jersey
(7/28/2010)

IAR

New Jersey
(3/23/2023)

New York
(8/10/2010)

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: 12/18/1999

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 9/1/1984

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 52TO

Date: 9/25/2025

Municipal Securities Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 7/19/2000

General Securities Representative Examination

General Industry/Product Exam

Series 1

Date: 12/22/1977

Registered Representative Examination

Principal/Supervisory Exam

Series 53

Date: 9/18/2008

Municipal Securities Principal Examination

Principal/Supervisory Exam

Series 24

Date: 5/14/2001

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

ALLSTATE FINANCIAL ADVISORS, LLC

ALLSTATE FINANCIAL ADVISORS LLC | ALLSTATE FINANCIAL ADVISORS, LLC

CRD#: 109524 / SEC#: 801-68510

RIA

Registered Investment Advisory firm - (11/21/2007 Approved)

Upgrade to AdvisorCheck Premium

Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.

Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.

See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address

151 N 8th Street, Suite 450, Lincoln, NE 68508

Mailing Address

151 N 8th Street, Suite 450, Lincoln, NE 68508

Phone number

(877) 232-2142

Established

Firm type

Fiscal year end

# of Employees

337

SEC notice filing (49 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

AFA FORM ADV FIRM BROCHURE 2025 (3/31/2025)

Regulatory assets under management

Total Number of Accounts	280
AUM (Assets Under Management)	$ 82,015,793

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.

Similar Advisors

Sungmin Ryan Park

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

IAR

Florham Park, NJ

Shivam Mittal

AMERIPRISE FINANCIAL SERVICES, LLC

IAR

Summit, NJ

Elizabeth Miller

SUMMIT PLACE FINANCIAL ADVISORS, LLC

IAR

Summit, NJ

We're Here To Help

Advisor Monitoring

Firm Stability Insights

James M. Derosa

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view James Michael Derosa's CRS (Customer Relationship Summary).

Certified licenses

Experience

ALLSTATE FINANCIAL SERVICES, LLC

AMERITAS INVESTMENT COMPANY, LLC

AMERITAS INVESTMENT COMPANY, LLC

NEW ENGLAND SECURITIES

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

WADDELL & REED

WADDELL & REED

PRUCO SECURITIES, LLC.

PRUCO SECURITIES, LLC.

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

Primary Firm SEC Registration

ALLSTATE FINANCIAL ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 12/18/1999

Series 63

Date: 9/1/1984

Series 52TO

Date: 9/25/2025

SIE

Date: 10/1/2018

Series 7

Date: 7/19/2000

Series 1

Date: 12/22/1977

Series 53

Date: 9/18/2008

Series 24

Date: 5/14/2001

FINRA

Current Firm

ALLSTATE FINANCIAL ADVISORS, LLC

Contact information

SEC notice filing (49 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

ALLSTATE FINANCIAL ADVISORS, LLC

TRUST BUT VERIFY

Similar Advisors