LPL Financial
39yrs
Top advisor by experience in Penfield
15yrs
Kyle J McDermott
Financial advisor at Cambridge Investment Research Advisors
At a glance
Experience15 years (since 2011)
How that compares ?More experience than 60% of advisors in Penfield
Office481 Penbrooke Dr. Suite. 4b, Penfield, NY 14526
How the firm is paid ?Percent of assets, Hourly, Flat fee, Commissions, Other
States licensed ?1 state
Services through Cambridge Investment Research Advisors
Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managersMarket timingEducational seminars and workshops
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Designations
CFP®
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Uniform Combined State Law Examination
Career
- 2021 – nowCambridge Investment Research Advisors, Inc.Current firm
- Jun 2021 – Dec 2021MML Investors Services, LLCPreviously
- 2012 – 2017Equitable Advisors, LLCPreviously
Questions to ask Kyle
Tailored to Kyle’s registration and firm.
- At a firm this size, will I work with you directly or with a service team?
- What does a financial plan with you include, and how often is it updated?
- If you use outside managers, how are they chosen and what do they cost on top of your fee?
- Where would my money be held, and will I get statements directly from that firm?
- What would I pay in total each year, in dollars, including fund and trading costs?
My notes and scorecard
Sign in to keep private notes, score your first meeting, and track this advisor alongside others.
About Kyle
How do I contact Kyle?
Call Cambridge Investment Research Advisors at 641-472-5100 and ask for Kyle J McDermott. Kyle works from the Penfield, NY office.
How long has Kyle been a financial advisor?
Kyle has been in the industry since 2011, about 15 years. More experience than 60% of advisors in Penfield.
What licenses does Kyle hold?
Series 66. Tap any license on this page to see what it allows.
Is Kyle a fiduciary?
Kyle is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.
How is Kyle paid?
Cambridge Investment Research Advisors reports being paid by a percentage of the assets they manage, hourly fees, flat or fixed fees, commissions on some products, other fees. Ask Kyle for your total yearly cost in dollars.
Official record as of October 2, 2026.
This profile is for information only and is not financial advice or a recommendation.
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