We often hear the term “fiduciary,” but what does it really mean? A fiduciary takes care of money or property for someone else and must always put that person’s best interest first. This role comes with a big promise to act with care, avoid conflicts of interest, keep things separate, and record everything accurately. People […]
What Is A Fiduciary? Understanding Roles, Responsibilities, And Importance Read More »
In a recent development, clients have alleged that Robert Burts, a registered representative of Synovus Securities, Inc., purchased a preferred stock without their authorization in 2022. The customer dispute, filed on February 13, 2024, was denied by the firm and the representative, who firmly refute the allegations. The Allegations and the Firm’s Response According to
Unauthorized Stock Purchase: Robert Burts and Synovus Securities Controversy Unfolds Read More »
Kelly Hubrig, a broker and investment advisor associated with LPL Financial LLC, is currently facing allegations from a customer who claims they were sold an illiquid investment despite wanting access to their funds. The complaint, filed on February 14, 2024, is currently pending resolution and involves a real estate security. According to the disclosures on
Kelly Hubrig of LPL Financial Faces Claims of Illiquid Investment Misconduct Read More »
Baird has agreed to pay over $650,000 for regulatory violations that affected hundreds of investors. The financial firm must pay a $100,000 penalty for breaking Regulation Best Interest and FINRA rules. We found that more than 400 brokerage customers were moved into advisory accounts and charged extra fees they didn’t need. These customers already had
Baird To Pay More Than $650K Over Unnecessary Fees Read More »
Edward Jones financial advisor Brian Kljun (CRD #2129788) is currently under investigation by the national investment fraud lawyers at Haselkorn & Thibaut, P.A. following allegations of breach of fiduciary duty. The customer dispute, filed on February 14, 2024, was denied by Edward Jones after an internal investigation. As a result, the investment fraud lawyers at
Brian Kljun from Edward Jones Under Investigation by Haselkorn & Thibaut Lawyers Read More »