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Matthew Sullivan

Kestra Advisory Services, LLC
32 Years of Experience
Old Saybrook, CT
1 DisclosureBrokerSells Insurance
View SEC Summary
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Matthew Sullivan is a registered investment advisor at Kestra Advisory Services, LLC, based in Old Saybrook, CT, with 32 years of industry experience. Matthew is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 117,403 clients with $80B in assets under management.

Kestra Advisory Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1456 advisors
Number of Clients
117,403 clients
Average Client Portfolio
$680K average
Assets Under Management
$79.8B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Asset-based fees range up to 2.5% of assets under management and are negotiable based on account size, registration type, and services provided.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

251 Main St., Suite 201, Old Saybrook, CT, 06475

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History

Regulatory History (1)
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
February 2004
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Matthew sells fixed insurance at his branch location and is the sole member of Sullivan Financial Group, LLC, an entity created for securities and insurance business. He also makes Medicare product referrals through E Health, dedicating minimal time to this activity.

Employment History
Current Registrations
Kestra Advisory Services, LLC
June 2026 - Present · 4 mos
Kestra Investment Services, LLCBroker
June 2026 - Present · 4 mos
Previous Registrations
Commonwealth Financial NetworkBroker
May 2005 - June 2026 · 21 yrs 1 mo
Commonwealth Financial Network
May 2005 - June 2026 · 21 yrs 1 mo
Banc of America Investment Services, INC.Broker
October 2004 - June 2005 · 8 mos
Banc of America Investment Services, INC.
October 2004 - June 2005 · 8 mos
Quick & Reilly, INC.
December 2002 - October 2004 · 1 yr 10 mos
Quick & Reilly, INC.Broker
September 2000 - October 2004 · 4 yrs 1 mo
Fis Securities, INC.Broker
August 1999 - September 2000 · 1 yr 1 mo
Fis Securities, INC.Broker
August 1997 - August 1999 · 2 yrs
Mds Securities IncorporatedBroker
July 1995 - January 1998 · 2 yrs 6 mos
John Hancock Distributors, INC.Broker
September 1994 - June 1995 · 9 mos
John Hancock Mutual Life Insurance CompanyBroker
September 1994 - June 1995 · 9 mos
State Registrations14 states
AZCOCTDEFLMAMDNCRISCTNUTVAVT
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.
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