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Armando Paruto

Wells Fargo Clearing Services, LLC

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About Armando Paruto

Armando Paruto is a financial professional with over 10 years of experience in the industry. He is currently registered with Wells Fargo Clearing Services, LLC, and is licensed in Virginia, Maryland, and the District of Columbia. Armando has worked previously with J.P. Morgan Securities LLC, as well as other financial institutions, including JPMorgan Chase Bank, N.A., Liberty Mutual Insurance Group, TD Bank N.A., and Intesa Sanpaolo Bank Group. Armando holds a Series 63, Series 65, and Series 6TO licenses. He provides investment consulting services to institutional clients as well as financial planning and portfolio management for businesses and individuals.

Firm Information

Armando Paruto is currently registered with Wells Fargo Clearing Services, LLC. Wells Fargo Clearing Services, LLC is a Limited Liability Company formed in March 2003 and headquartered in St. Louis, Missouri. They offer a variety of investment advisory services, including financial planning, pension consulting, and portfolio management for individuals, businesses, and institutional clients. With over $10 billion to $50 billion in assets under management, the firm provides services to a diverse client base, including high-net-worth individuals, corporations, charitable organizations, pension plans, and state or municipal government entities. They are registered with the SEC and all 50 states.
Wells Fargo Clearing Services, LLC

ONE NORTH JEFFERSON AVENUE

ST. LOUIS, MO 63103-2205

$558.46B

Assets Under Management

5,927

Total Clients

17,168

Total Financial Advisors

Services Offered

Advisors offer a broad range of advisory services designed to meet the unique needs of individuals, businesses, and investment companies. These services provide professional guidance and personalized strategies to help clients achieve their financial goals.

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financial planning services

Comprehensive financial plans to help you achieve your personal and business goals.

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pension consulting services

Guidance on pension options to ensure a secure financial future.

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selection of other advisors

Helps you choose top advisors aligned with your financial goals.

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portfolio management for businesses

Custom portfolio management strategies for businesses to achieve long-term growth.

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portfolio management for individuals

Personalized portfolio management to meet individual financial objectives.

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investment consulting services to institutional clients

Investment consulting services to institutional clients

Fee Structure

Advisors may be compensated through a variety of fee structures, offering flexibility and transparency. This allows clients to choose the arrangement that best aligns with their financial objectives.

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fixed fees

Set rates for specific services, regardless of time or assets managed.

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commissions

Earned based on transactions or products sold.

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percentage of assets

A percentage of the total value of assets under management is charged.

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Armando Paruto’s Registration & Firm History

MD

06/06/2023 - Present

Wells Fargo Clearing Services, LLC (COLUMBIA MD)

VA

01/22/2021 - 11/10/2021

J.P. MORGAN SECURITIES LLC (ARLINGTON VA)

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Licenses & Designations

IA

Issued 06/05/2023

Series 65 - Uniform Investment Adviser Law Examination

BC

Issued 02/03/2021

Series 63 - Uniform Securities Agent State Law Examination

BC

Issued 01/22/2021

Series 6TO - Investment Company Products/Variable Contracts Representative Examination

BC

Issued 01/08/2021

SIE - Securities Industry Essentials Examination

State Registrations

Active

Inactive

SRO Registrations

F

FINRA

Disclosures

There are no public disclosures for Armando Paruto.
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