JD
JD

James Durso

41 Years of Experience
Waterloo, NY
3 DisclosuresBrokerSells Insurance

James Durso is a registered investment advisor at Blackridge Asset Management, LLC, based in Waterloo, NY, with 41 years of industry experience. James operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 687 clients with $200M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
70 advisors
Number of Clients
687 clients
Average Client Portfolio
$287K average
Assets Under Management
$196.8M

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)

Blackridge Asset Management's advisors are compensated for their services by charging an advisory fee, or a combination of an advisory fee and a promotion fee, based on a percentage of the value of the assets they manage in your account, subject to a stated maximum. The actual fee is disclosed before you sign the management agreement. The advisory fee is shared between the advisor and Blackridge Asset Management. Fees are deducted from the account in advance, on a quarterly basis, based on an average daily balance from the previous quarter.

Loading...

Location

9-27 East Main St, Waterloo, NY, 13165

Get directions

History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
January 2016
Denied
Customer Dispute
November 1994
Settled
Employment Separation After Allegations
May 1988
Other Business ActivitiesSells Insurance

James advises and manages investments through Commonwealth Financial Group, LLC, and sells life, health, long-term care, and accident insurance since 2016. He is also a notary in Ontario County, New York, since 2018, a non-investment related and uncompensated activity.

Employment History
Current Registrations
Blackridge Asset Management, LLC
August 2025 - Present · 9 mos
Peak Brokerage Services, LLCBroker
August 2025 - Present · 9 mos
Peak Brokerage Services, LLC
August 2025 - Present · 9 mos
Previous Registrations
Cadaret Grant & CO INC
October 2017 - July 2025 · 7 yrs 9 mos
Cadaret, Grant & CO., INC.Broker
October 2017 - July 2025 · 7 yrs 9 mos
Invest Financial Corporation
December 2016 - October 2017 · 10 mos
Invest Financial CorporationBroker
January 2011 - October 2017 · 6 yrs 9 mos
Community Investment Services, INC.Broker
February 2004 - January 2011 · 6 yrs 11 mos
Mcdonald Investments INC.Broker
May 1999 - March 2004 · 4 yrs 10 mos
Key Investments INC.Broker
June 1994 - May 1999 · 4 yrs 11 mos
Cigna Financial Advisors,inc.Broker
July 1992 - May 1994 · 1 yr 10 mos
Gna Securities, INC.Broker
January 1991 - June 1992 · 1 yr 5 mos
Empire National Securities, IncorporatedBroker
July 1988 - January 1991 · 2 yrs 6 mos
Great Lakes Equities CO.Broker
August 1987 - June 1988 · 10 mos
Royce Park Investments, INC.Broker
April 1987 - September 1987 · 5 mos
Sherwood Capital, INC.Broker
February 1987 - March 1987 · 1 mo
First Jersey Securities, INC.Broker
March 1984 - January 1987 · 2 yrs 10 mos
State Registrations6 states
FLNCNYPASCVA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
James Durso - Financial Advisor | TrueAdvisor