Nicholas Mannuel Desousa

Employer firm

Claro Advisors Inc. CRD 160294

$1.41B regulatory AUM 22 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (pooled vehicles)
• Pension consulting
• Selection of other advisers
• CONSULTING, ESTATE PLANNING

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 07/2014 → 03/2018
  Wells Fargo Clearing Services, Llc
  Armonk, NY
• 03/2018 → 11/2019
  Mjp Wealth Advisors
  Farmington, CT
• 12/2019 → 12/2021
  Lpl Financial, Llc
  Fairfield, CT
• 12/2019 → 02/2025
  Moneco Advisors, Llc
  Fairfield, CT
• 02/2025 → Present
  Claro Advisors Inc.
  Narragansett, RI

Previous Registrations

• 2019-12-06 → 2025-01-31
  Moneco Advisors
  Fairfield, CT
  Narragansett, RI
• 2018-03-20 → 2019-11-01
  Mjp Wealth Advisors
  Fairfield, CT
  Westport, CT
  Farmington, CT
• 2014-07-31 → 2018-03-27
  Wells Fargo Clearing Services, Llc
  White Plains, NY
  Armonk, NY
  Minneapolis, MN
  Minneapolis, MN
  Purchase, NY
• 2009-10-23 → 2013-07-18
  Merrill Lynch, Pierce, Fenner & Smith Incorporated
  New York, NY
  New York, NY
  Lincoln, RI
• 2007-01-19 → 2009-10-23
  Banc Of America Investment Services, Inc.
  Weston, FL
  Fort Lauderdale, FL
  Lincoln, RI
  New York, NY
  Lincoln, RI

Other Businesses

1) Licensed insurance agent; Not investment-related; Same address; Insurance sales; Implementation of insurance recommendations; Approx. 10% of time during the month. 2) Majic LLC dba Scarborough Landscaping; Not investment-related; PO Box 591, Wakefield, RI. 02882; Part owner; Passive investment in landscaping company; Less than 5% of time during the month. 3) Narragansett Chamber of Commerce; Not investment-related; 36 Ocean Rd, Narragansett, RI. 02882; Board Member and Treasurer; Review financials and report to board, assist with event planning; Less than 5% of time during the month.

Exams

• S66 Uniform Combined State Law Examination
  2007-01-17
• S63 Uniform Securities Agent State Law Examination
  2005-05-27

Other Names

• Nick Desousa