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Timothy Scherwa

Capitol Securities Management, INC.
30 Years of Experience
Morristown, NJ
2 DisclosuresBroker
View SEC Summary
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Timothy Scherwa is a registered investment advisor at Capitol Securities Management, INC., based in Morristown, NJ, with 30 years of industry experience. Timothy is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 3,970 clients with $2.2B in assets under management.

Capitol Securities Management, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
100 advisors
Number of Clients
3,970 clients
Average Client Portfolio
$545K average
Assets Under Management
$2.2B

Fee Structure

Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Maximum advisory fee is 2.0% per year. Fees are negotiable based on account complexity, asset size, and portfolio style.

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

Location

89 Headquarters Plaza North, Suite 1430, Morristown, NJ, 07960

Get directions

History

Regulatory History (2)
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.
Regulatory
September 2018
Final
Employment Separation After Allegations
October 2017
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Timothy is the volunteer President of his homeowner's association, dedicating minimal time. He is also a volunteer board member of the Rockaway Township NJ Zoning Board of Adjusters, spending a few hours per week.

Employment History
Current Registrations
Capitol Securities Management, INC.
January 2018 - Present · 8 yrs 9 mos
Capitol Securities Management, INC.Broker
December 2017 - Present · 8 yrs 10 mos
Capitol Securities Management, INC.
December 2017 - Present · 8 yrs 10 mos
Previous Registrations
Wells Fargo Clearing Services, LLCBroker
May 2014 - October 2017 · 3 yrs 5 mos
Wells Fargo Clearing Services, LLC
May 2014 - October 2017 · 3 yrs 5 mos
Morgan StanleyBroker
June 2009 - May 2014 · 4 yrs 11 mos
Morgan Stanley
June 2009 - May 2014 · 4 yrs 11 mos
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley
June 2002 - April 2007 · 4 yrs 10 mos
Morgan Stanley Dw INC.Broker
June 1997 - April 2007 · 9 yrs 10 mos
D. H. Blair & CO., INC.Broker
May 1996 - April 1997 · 11 mos
State Registrations15 states
AZCACOCTFLMDNCNJNYOHOKPASCTNVA
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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