Media and Documents
Andrew Palomo form ADV
Arbor Point Advisors
Advisor Brochure Supplement
(Part 2B of Form ADV)
This Brochure Supplement provides information about Andrew Palomo that
supplements the Disclosure Brochure for Arbor Point Advisors, LLC (APA). You should
have received a copy of that Disclosure Brochure. Please contact Michael Rees if you
did not receive APA’s Disclosure Brochure or if you have any questions about the
contents of this Supplement. This Supplement has not been reviewed or approved by
the U.S. Securities & Exchange Commission, any state regulatory agency or any selfregulatory organization.
Phone: 708-383-2280
Fax:847-241-0061
E-Mail: andrew@pillarfp.com
Additional information about Andrew Palomo is available on the SEC's website at
www.adviserinfo.sec.gov.
August 02, 2019
12325 Port Grace Blvd
La Vista, NE 68128
www.arborpointadvisors.com
888-777-1992
Brochure Supplement (Part 2B of Form ADV)
Item 2. Educational Background and Business Experience
Year of Birth: 1970
Educational Background:
Your financial advisor has graduated from the following institution(s):
Institution Name: College for Financial Planning
Date Completed: 3/16/2012
Degree Earned: MS
Area of Study: Personal Financial Planning
Institution Name: Loyola University Chicago
Date Completed: 5/1/1992
Degree Earned: BBA
Area of Study: Finance
Business/Employment Experience (for past five years):
Your financial advisor the following employment background:
Employer Name: Arbor Point Advisors, LLC.
Start Date: 8/2/2019
End Date: Present
Title: Investment Advisor Representative
Address: 12325 Port Grace Blvd., La Vista, NE 68128
Type of Business: Registered Investment Advisor
Employer Name: Securities America, Inc.
Start Date: 8/2/2019
End Date: Present
Title: Registered Representative
Address: 12325 Port Grace Blvd., La Vista, NE 68128
Type of Business: Broker/Dealer
Employer Name: DK Mortgage
Start Date: 5/1/2017
End Date: Present
Title: Mortgage Originator
Address: 1431 Opus Place, Suite 200, Downers Grove, IL 60515
Type of Business: Mortgage and Financial Services
Employer Name: Pillar Financial Advisors
Start Date: 3/1/2009
End Date: Present
Title: Financial Advisor
Address: 224 South Marion Street, Oak Park, IL 60302
Type of Business: Financial Planning
Employer Name: Cetera Advisor Networks LLC
Start Date: 8/15/2017
End Date: Present
Title: Investment Advisor Representative
Address: 200 Pacific Coast Highway, Suite 1200, El Segundo, CA 90245
Type of Business: Registered Investment Advisor
Employer Name: Cetera Advisor Networks LLC
Start Date: 8/15/2017
End Date: Present
Title: Registered Representative
Address: 200 N Pacific Coast Highway, Suite 1200, El Segundo, CA 90245
Type of Business: Broker/Dealer
Employer Name: CWM, LLC
Start Date: 8/14/2017
End Date: Present
Title: Investment Advisor Representative
Address: 13321 California Street, Suite 100, Omaha, NE 68154
Type of Business: Registered Investment Advisor
Employer Name: Sequoia Wealth Management, LLC
Start Date: 12/3/2014
End Date: 8/15/2017
Title: Investment Advisor Representative
Address: 200 Applebee Street, Suite 208, Barrington, IL 60010
Type of Business: Registered Investment Advisor
Employer Name: LPL Financial LLC
Start Date: 12/3/2014
End Date: 8/15/2017
Title: Registered Representative
Address: 75 State Street, 22nd Floor, Boston, MA 02109
Type of Business: Broker/Dealer
Employer Name: Cross Country Mortgage (fka Perl Mortgage)
Start Date: 5/1/2012
End Date: 5/1/2017
Title: Mortgage Originator
Address: 6850 Miller Road, Brecksville, OH 44141
Type of Business: Mortgage Services
Employer Name: Ausdal Financial Partners, Inc.
Start Date: 6/30/2010
End Date: 12/3/2014
Title: Investment Avisor Representative
Address: 5187 Utica Ridge Road, Davenport, IA 52807
Type of Business: Registered Investment Advisor
Employer Name: Ausdal Financial Partners, Inc.
Start Date: 6/30/2010
End Date: 12/4/2014
Title: Registered Representative
Address: 5187 Utica Ridge Road, Davenport, IA 52807
Type of Business: Broker/Dealer
Professional Designations
Accredited Investment Fiduciary (AIF): To be an AIF, one must:
Successfully complete either the web-based program or Capstone program
Successfully complete the final certification exam
Complete 6 hours of continuing education per year
Certified Financial Planner™ (CFP®): To be a CFP®, one must:
Hold a bachelor’s degree from an accredited college or university
Complete financial planning education requirements set by the CFP Board (www.cfp.net)
Successfully complete the 10-hour CFP® certification exam
Obtain 3 years of qualifying full-time work experience
Successfully pass the Candidate Fitness Standards and background check
Complete 30 hours of continuing education every 2 years
Item 3. Disciplinary History
None
Item 4. Other Business Activities
In addition to his work with Securities America, Inc., the financial advisor is engaged in offering insurance and insurance products as an insurance agent. A portion of his time each week is dedicated to insurance and insurance sales, and he can earn commissions when acting in this separate capacity.
Your financial advisor may also be a registered representative with Securities America, Inc., a full service broker/dealer, member FINRA/SIPC. Securities America, Inc. and Arbor Point Advisors, LLC are affiliated entities. In this separate capacity, your financial advisor may recommend to clients the purchase and sale of securities products and receive commissions when doing so. A portion of your financial advisor's workweek is dedicated to securities and securities sales. In addition to the advisory fees disclosed along with your client agreement, your financial advisor may receive compensation, including bonuses and non-cash compensation, for selling certain securities or other investment products. As a result, certain incentives and conflicts of interest may
exist for your financial advisor if you buy certain recommended products or services.
Conflicts of interest may arise in the course of providing investment management services to you and the financial advisor’s other financial industry activities. These potential conflicts of interest are described in this Supplemental Brochure. To the extent we cannot prevent actual or potential conflicts, we will take reasonable steps to mitigate them and, at a minimum, disclose them to you.
Item 5. Additional Compensation
The financial advisor may have an incentive to join and remain with Securities America, Inc. and/or Arbor Point Advisors, LLC through certain compensation arrangements which could include bonuses, enhanced pay-outs, forgivable loans and/or business transaction loans. There can be production goals associated with your financial advisor recommending a transaction, and receiving compensation from a recommendation can be considered a conflict of interest. Clients are encouraged to read the Arbor Point Advisors, LLC Form ADV Part 2A Disclosure Brochure and discuss any potential conflicts of interest with their financial advisor.
Securities America can issue payments in the form of loans to its representatives which can be forgivable based on years of service or production. This practice can create a conflict of interest because the representative can have a financial incentive to recommend clients engage Arbor Point Advisors, LLC for advisory services in order for the loan to be forgiven. Your financial advisor will obtain financial data from you and assist you in setting appropriate investment objectives. Arbor Point Advisors, LLC periodically reviews advisory accounts to ensure suitability and adherence to
client investment objectives. Clients are encouraged to consult with their financial advisor if they have questions regarding this issue. The financial advisor can receive bonuses or non-cash compensation relating to the promotion or sale
of a program sponsor’s products or services. These program sponsors may pay for training, education or prospective events such as seminars, for due diligence and travel expenses to these events and can occasionally provide business entertainment or gifts of nominal value to financial advisors Your financial advisor can receive referral fees for referring a client or prospective client to APA or third party investment advisor.
Incentive programs and cash/non-cash compensation are strictly regulated by the SEC, FINRA and Securities America compliance policies.
While such compensation is typically limited and governed by SAI policy and industry rules, receipt of such compensation may give the financial advisory an incentive to recommend investment products.
Item 6. Supervision
Your financial advisor’s activities are supervised by one or more individuals working in the financial advisor’s office and/or a member of APA’s supervision team. The supervisor provides ongoing training and support to your financial advisor and answers questions about providing financial planning or investment advice to clients. The supervisor also reviews the financial advisor’s activities through APA’s client relationship management system, business submission reviews, e-mail
monitoring and correspondence reviews. The person responsible for supervising the financial advisor’s advisory activities, Michael Rees, OSJ Branch Manager, can be reached at 727-896-8166.