From 1982-1988, Scotto served as Director of Corporate Bond Research for L. F. Rothschild and head of its utility analytical team.
In April 2000, Mr. Scotto moved to BNP Paribas as Director of U.S. High Grade Research and Senior Utility Analyst.
Following the Enron report released while at BNP Paribas and his subsequent firing, in 2002 Mr. Scotto founded Whitehall Financial Advisors LLC to offer independent research, forensic financial analysis, consulting services to corporate clients, institutional investors and State and Federal legislators.
Establishing Mr. Scotto’s public credentials in the timeframe leading up to the Enron affair, Institutional Investor Magazine published an article about him.
They stated: “Investors are grateful to Scotto for consistently steering them clear of regions where the movement to disaggregate is well advanced.”[citation needed] He died on July 10, 2018, in Virginia.