Broker Check

Our Qualifications

We have been working with individuals and businesses in the area for 28 years.

Each of our agents has extensive personal and professional experience.

Many hold various professional designations, and qualified representatives are licensed to sell a variety of investment and insurance products.

We are dedicated to developing lasting relationships with all our clients. We believe in helping you assess your financial goals and participate in the management of your finances.

One of the benefits of working with us is our ability to provide clear, easily understood explanations of financial products and services. The personalized program that we can provide is a roadmap to working toward a more secure financial future.

We’re looking forward to using our experience to help you pursue your financial goals.

Business Information: ADV II

INFORMATION ABOUT THIS FORM:

THIS FORM PROVIDES FOR CERTAIN DISCLOSURES TO CLIENTS (OR POTENTIAL CLIENTS) AS REQUIRED BY THE CFP BOARD OF STANDARDS¡¦ CODE OF ETHICS AND PROFESSIONAL RESPONSIBILITY. IT IS INTENDED FOR USE BY THOSE CERTIFIED FINANCIAL PLANNER DESIGNEES WHO PROVIDE PERSONAL FINANCIAL PLANNING SERVICES TO CLIENTS FOR COMPENSATION. CFP DESIGNEES MAY USE THIS FORM, SEC FORM ADV PART II, OR A FORM OF THEIR OWN DESIGN OR CHOOSING AS LONG AS THE REQUIRED DISCLOSURES ARE INCLUDED IN WHATEVER FORM IS USED BY THE CFP DESIGNEE. COMPLIANCE WITH THE CLIENT DISCLOSURE REQUIREMENTS OF THE CODE OF ETHICS AND PROFESSIONAL RESPONSIBILITY IS ACCOMPLISHED ONLY WHEN ALL MATERIAL INFORMATION RELEVANT TO THE PROFESSIONAL RELATIONSHIP (WHICH INCLUDES EVERYTHING REQUIRED, PERTINENT AND APPROPRIATE TO THE GIVEN CLIENT RELATIONSHIP) HS BEEN ENCLOSED TO THE CLIENT OR PROSPECTIVE CLIENT. SUCH DISCLOSURE SHOULD INCLUDE, IF MATERIAL 1) INFORMATION ABOUT THE FINANCIAL CONDITION OF THE CFP LICENSEE AND/OR HIS OR HER FIRM WHICH IS REASONABLY LIKELY TO IMPAIR THE ABILITY OF THE CFP LICENSEE TO MEET THE CONTRACTUAL COMMITMENTS TO THE CLIENT AND 2) ANY LEGAL OR DISCIPLINARY EVEN RELATIVE TO THE CFP LICENSEE THAT IS MATERIAL TO A CLIENTS OR POTENTIAL CLIENTS EVALUATION OF THE CFP LICENSEE¡¦S INTEGRITY OR ABILITY TO MEET CONTRACTUAL COMMITMENTS TO THE CLIENT. MERE COMPLETION OF A SUGGESTED DISCLOSURE FORM DOES NOT, IN AND OF ITSELF, CONSTITUTE FULL COMPLIANCE WITH THE CODE OF ETHICS DISCLOSURE REQUIREMENTS.

THE DISCLOSURE FORM GIVES INFORMATION ABOUT THE CFP AND CERTIFIED FINANCIAL PLANNER LICENSEE(S) AND HIS/HER OR THEIR BUSINESS. THIS INFORMATION HAS NOT BEEN REVIEWED, APPROVED OR VERIFIED BY THE CFP BOARD OR BY ANY GOVERNMENTAL OR SELF-REGULATORY AUTHORITY. THE CFP BOARD DOES NOT WARRANT THE SPECIFIC QUALIFICATIONS OF INDIVIDUALS LICENSED TO USE ITS MARKS, NOR DOES IT WARRANT THE CORRECTNESS OF ADVICE OR OPINIONS PROVIDED.

PART I. RELATIONSHIPS WHICH REASONABLY MAY COMPROMISE THE CFP DESIGNEES OBJECTIVITY OR INDEPENDENCE:

I am a self employed financial advisor working as a managing partner at 21st Century Securities. I am licensed to sell general securities, mutual funds and variable annuities through my broker dealer Securities Service Network Inc. and life and health insurance through Long Term Care Brokers Inc. I am an Investment Advisor under the laws of New York State.

A. Basic philosophy of Peter Johnson in working with clients:

My approach to personal financial planning is to obtain from my clients significant financial and other information including your attitudes, goals, and objectives; to analyze the information obtained in order to develop alternatives for your consideration; to educate my clients about the implications of selecting a particular alternative; to implement the alternative selected by the client; and to periodically update the plan adopted. It is my goal to become your chief financial advisor and to coordinate the efforts of your other advisors in your best interests. I want you to be educated about your financial affairs and to take an active role in managing them.

B. Philosophy, theory and/or principles of financial planning which will be utilized:

My philosophy of financial planning is to gather adequate, reliable information about the clients personal financial situation; to determine the clients goals and objectives, time horizon and risk tolerance; to analyze all of the foregoing information in an objective manner and to develop recommendations for my clients based upon this thorough analysis and in the interest of rendering disinterested advice. In a personal financial planning engagement, I endeavor to consistently act in the interest of my client and to place his or her interest ahead of my own. Moreover, I believe that a client should be both informed and proactively involved in his or her personal financial affairs. Accordingly, I believe in holding enough meetings with my clients to educate them about the financial planning process and their own financial situation.

1. Educational background:

Peter Johnson:

Bachelor of Arts degree from SUNY college at Plattsburgh, 1983

All coursework except thesis in Masters in Urban Planning program at SUNY at Buffalo, 1987


2. Professional/ employment history:

Peter Johnson:

Sales manager: Combined Life Insurance Company, 1987-89

Financial Advisor: American Express Financial Advisors, 1989-1997

Financial Consultant: Rochester Community Savings Bank, March 1997- Dec 1997

Certified Financial Planner ™: 21st Century Securities, January 1998 – 2006

Certified Financial Planner ™ : Peter A. Johnson Financial Services, 2006- Present 


3. Professional designations and licenses held:

Peter Johnson:

FINRA Series 24 (Securities Principal) 1998

FINRA Series 65 (Investment Advisor) 1999

Certified Financial Planner licensee - 1996

FINRA Series 7 (General Securities ) license - 1989

Life and Health insurance licenses - 1989 - State of New York


4. Areas of competence and specialization:

Peter Johnson is a financial consultant who specializes in retirement planning, charitable giving, estate and long term care planning. Peter also performs personal financial planning services in the areas of education and investment planning.

C. Financial Planning Services to be provided by the CFP designee:

The financial planning services provided by Peter Johnson include the following:

  • Analysis of your current financial condition, goals, and objectives, and development of a personal financial plan.
  • Designation of an investment portfolio appropriate to your individual circumstances, needs, goals, risk tolerance, investment experience and time horizon.
  • Review of your estate planning situation and development of any long term care needs if pertinent to your situation.
  • Quarterly written reports on your investment portfolio.
  • Two meetings each year to review and update your objective and financial status and provide an evaluation of your investment portfolio.
  • Ongoing monitoring of your investment portfolio.
  • Recommendations involving investment repositioning and current opportunities for new investments.
  • Availability of my professional staff to answer questions.

D . Method of compensation:

My compensation is fee or commission based. Fees may be charged in developing detailed financial analyses as well as time spent in developing a financial case. My fees are either by flat fee, on a per hour basis as negotiated with the client, or as a fee based on assets under management. My fees are negotiable, but the following fee schedule is attached to give an idea of my general fee structure. Any specifics to my fees and charges will be thoroughly discussed with the client prior to beginning any program.

FEE SCHEDULE

ASSET VALUE FEE


Quarterly Annual

Up to 2%

E. Compensation arrangements:

1. Source of compensation:

Commissions from third parties

2. Contingencies or other aspects material to the commission arrangement:

I will not receive a commission unless you purchase the financial products recommended by me.

3. Fee only compensation will either come from the mutual fund company when C shares are used, or from the clients account as per the fee agreement set up between the client and the planner.

F. Agency or employment relationships:

1. Material agency or employment relationships with third parties:

Life and Health Insurance Broker for LTC Brokers Inc.

Securities Service Network, Inc. (Broker Dealer)

Benjamin Adams Funding (Mortgage Rep.)

2. Commissions resulting from such agency or employment relationships:

LTC Brokers Inc. and Securities Service Network, Inc. pay commissions to the planner as a percentage of the fees paid to the brokers.

G. Conflicts of interest:

My broker/dealer permits me to sell only those securities products which it has approved.

My Insurance agency permits me to sell only those insurance products which it has approved.

H. Other information relevant to the professional relationship:

Peter Johnson is licensed for the sale of mutual funds*, fixed annuities, variable annuities*, stocks*, bonds*, life and health insurance.

I. Information required by all laws applicable to the relationship:

Form ADV filed with the New York State.

Form ADV Part II offered annually to all clients.

*Securities offered through Securities Service Network, Inc. Member FINRA/SIPC