Douglas Lindsley Schutte

Current Employers

Employment History

• 06/1994 → Present
  Summit Financial Advisor
  Lakewood, NY
• 05/2007 → Present
  Securities America, Inc.
  Jamestown, NY
• 05/2007 → Present
  Securities America Advisors, Inc
  Jamestown, NY
• 12/2008 → Present
  Summit Wealth Management, Inc.
  Jamestown, NY
• 11/2011 → 09/2022
  First Allied Securities, Inc
  San Diego, CA
• 11/2011 → 11/2020
  First Allied Advisory Services, Inc.
  Chesterfield, MO
• 11/2020 → Present
  First Allied Advisory Services
  Schaumburg, IL
• 09/2022 → 10/2023
  Cetera Advisors Llc
  Jamestown, NY
• 10/2023 → Present
  Osaic Wealth, Inc.
  Jamestown, NY
• 10/2023 → Present
  The Ameriflex Group
  Las Vegas, NV

Previous Registrations

• 2023-10-09 → 2025-07-02
  The Ameriflex Group
  Jamestown, NY
• 2020-11-12 → 2023-10-19
  Cetera Investment Advisers Llc
  Jamestown, NY
  Jamestown, NY
• 2011-11-28 → 2020-11-12
  First Allied Advisory Services, Inc.
  San Diego, CA
  Jamestown, NY
• 2009-07-29 → 2011-12-31
  Securities America Advisors, Inc.
  Jamestown, NY
• 2003-08-13 → 2007-12-31
  Summit Financial Advisors, Llc
  Jamestown, NY

Other Businesses

1. DLS FINANCIAL SERVICES, INC POSITION: Owner NATURE: Subchapter S - single owner INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 07/01/2012 ADDRESS: 1285 N. Main St, Jamestown NY 14701, United States DESCRIPTION: Balancing the checkbook and paying bills 2. DNL PROPERTIES, LLC POSITION: Partner NATURE: Receive fixed insurance commission as sole proprietor; also receive ERA to Summit Wealth Management, Inc. INVESTMENT RELATED: Yes NUMBER OF HOURS: 4 SECURITIES TRADING HOURS: 0 START DATE: 06/01/2006 ADDRESS: 1285 N. Main St, Jamestown NY 14701, United States DESCRIPTION: DNL Properties LLC is the entity that Luke Buehler and I have that owns our office building. The entity collects rent and pays property taxes, mortgage, and interest 3. SUMMIT ACCOUNTING SOLUTIONS LLC POSITION: Co-Owner NATURE: LLC INVESTMENT RELATED: No NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 01/02/2011 ADDRESS: 1285 N. Main St, Jamestown NY 14701, United States DESCRIPTION: Oversee the work provided by the Tax Department and review client deliverables 4. TEAM 1 INSURANCE SOLUTIONS, LLC POSITION: Member NATURE: LLC INVESTMENT RELATED: Yes NUMBER OF HOURS: 4 SECURITIES TRADING HOURS: 4 START DATE: 11/01/2021 ADDRESS: 1285 N. Main St, Jamestown NY 14701, United States DESCRIPTION: Development and growth of the insurance agency, to offer only fixed life insurance, health insurance, and P&C insurance to individuals and businesses. The company will carry its own E&O coverage. Some existing clients that also do business with me may also do business with Team 1 Insurance 5. ROGER TORY PETERSON INSTITUTE FOUNDATION, INC POSITION: Board of Directors Treasurer NATURE: Corporation - Non Profit INVESTMENT RELATED: Yes NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 1 START DATE: 06/01/2016 ADDRESS: 311 Curtis St, Jamestown NY 14701, United States DESCRIPTION: Help with budget and financial analysis. Review 990s 6. SUMMIT WEALTH MANAGEMENT, INC DBA OBA POSITION: President NATURE: Sub-Chapter S Corporation INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 160 START DATE: 04/05/1996 ADDRESS: 1285 N. Main St, Jamestown NY 14701, United States DESCRIPTION: I am the President and 50% owner of Summit Wealth Management Inc. In this capacity as a Financial Planner, I assess clients' overall financial picture to help maximize the potential for growth and help them achieve their financial objectives by recommending various investment vehicles and insurance. 7. NWF ADVISORY SERVICES, INC POSITION: Investment Advisor Representative NATURE: Corporation - Registered Investment Adviser INVESTMENT RELATED: Yes NUMBER OF HOURS: 80 SECURITIES TRADING HOURS: 80 START DATE: 06/01/2025 ADDRESS: 1285 N. Main St, Jamestown NY 14701, United States DESCRIPTION: I provide Advisory Services such as Wrap Fee Accounts and Financial Plans. I devote about 70% of my time to this Business

Exams

• S65 Uniform Investment Adviser Law Examination
  1999-06-24
• S63 Uniform Securities Agent State Law Examination
  1985-02-11

Designations

Other Names

• Douglas L Schutte