Norman Scherer
Advisor at OSAIC
Updated today
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
About
Norman Scherer is a financial advisor at Osaic with 28 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Fortis Investors, Inc. since 1997. Outside of his advisory role, he serves as Vice President of the NAIFA Greater Washington chapter and volunteers weekly with the Veterans of Foreign War (VFW) in Ocean View, DE. Osaic Wealth, Inc. is an SEC-registered investment adviser and FINRA member broker-dealer that serves a diverse client base including individual investors, pension plans, corporations, and charitable organizations. The firm offers a variety of advisory programs and employs a comprehensive investment process using risk tolerance assessments, asset allocation software, and multiple investment options across various custodial platforms.
Client services
Based on OSAIC
Financial planning
Portfolio management
Pension consulting
Selection of other advisers
Educational seminars or workshops
Fee options
Flat fees may be charged for certain financial planning or consulting engagements, specific amounts not stated.
Advisory Representatives may receive commissions for securities or insurance products if clients purchase through them.
Hourly consulting or advisory rates are charged for financial planning and consulting services, specific amounts not stated.
Account minimum: $5,500
Location
Ocean View, DE
Most active in
Norman S has reported serving >5 clients in these states in the last 12 months.
Delaware · District of Columbia · Maryland · Missouri · South Carolina · Texas · Virginia
Work history
OSAIC
2024 - Present (2 years)
Fortis Investors, Inc.
1997 - Present (29 years)
Disclosures
Disclosures include customer complaints, regulatory actions, employment terminations, bankruptcies, and certain legal protections.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
Bradley F
Series 65
Rehoboth Beach, DE
Four Seasons Investment Management LLC
Nicholas S
CFP®, CFA®, Series 66
Millville, DE
Breakwater Wealth Management
Glen H
Series 63, Series 65
Millsboro, DE
Harding's Wealth Managers, Inc.
John F
Series 63, Series 65
Millsboro, DE
Greenwich Financial Advisors, LLC
Bruce K
Series 65
Millsboro, DE
Greenwich Financial Advisors, LLC
Neoklis K
Series 65
Bethany Beach, DE
Axion Financial Group LLC
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