HOW TO SEARCH BROKERCHECK
BrokerCheck® is part of FINRA's ongoing efforts to help investors make informed choices about the FINRA-registered brokers and brokerage firms with which they may wish to do business. Use FINRA BrokerCheck to check the background of any investment professionals you work with or are considering. Be sure to verify that he or she is either licensed as a broker by FINRA, or registered with the SEC or a state securities regulator as an investment adviser.
- Click on the following link
- Select the radio button next to INDIVIDUAL
- Enter either the Firm Name, Individual Name or CRD#
- Retirement Planning Specialists, CRD# 157811
- Joseph P. Sarappo, CRD# 1868768
- Christopher M. Sacco, CRD# 4746453
- Kelly A. McDonnell, CRD# 4331871
- James J. Cuorato III, CRD# 6254052
- Click the SEARCH button
- When the search result appear, click the DETAILS button
- Enter the authentication code in the box provided, check the box to agree to "Terms & Conditions", then click the CONTINUE button
- Under the Broker Summary heading, click the GET DETAILED REPORT button
A BROKERCHECK REPORT CONTAINS:
- A report summary that provides a brief overview of the broker and his or her credentials. This summary also functions as the entry point to a more detailed report on the broker.
- A broker qualifications section that includes a listing of the broker's current registrations or licenses, if any, and industry exams he or she has passed.
- A registration and employment history section that consists of two types of information:
- a list of FINRA-registered securities firms where the broker is currently and/or was previously registered. Please note that one or more of these securities firms no longer may be registered with FINRA.
- the broker's employment history for the last 10 years—both in and outside the securities industry—as reported by the broker on his or her last Form U4 (which securities firms use to register brokers with self-regulatory organizations (SROs) and states). Employment history includes full and part-time work, self-employment, military service, unemployment, and full-time education.
- A disclosure section that includes information about customer disputes, disciplinary events and financial matters on the broker's record. FINRA lists each incident as reported by securities regulators, the individual broker, and any involved firms. Please keep in mind that some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of this information does not automatically indicate wrongdoing on the part of the broker.