Omaha-based financial advisor Scott Norvell currently faces recommended disciplinary action. The Financial Industry Regulatory Authority’s (FINRA) records indicate that he operates as a broker with Brokers International Financial Services and as an investment advisor with Brokers Financial under the familiar name of TR Financial.
About Scott Norvell’s FINRA Investigation
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Mr. Norvell’s activities were subject to a FINRA investigation, as detailed in his BrokerCheck report. As of July 2023, the regulator proposed that actions should be taken against him. Allegations against Mr. Norvell include falsifying customer signatures on account documentation, causing inaccuracies in his member firm’s books and records, and making negligent misrepresentations to clients about the death benefits linked to variable annuity exchanges. To date, no action has been taken against him.
Who is Scott Norvell?
According to TR Financial’s website, Mr. Norvell serves as a Managing Executive and Partner. The site highlights Norvell’s passion for helping clients chart their own financial courses through his guidance, aiming to foster financial confidence. As stated on his profile, his belief emphasizes the individual paths to financial autonomy and the crucial role of efficient communication and collaboration in achieving it.
TR Financial’s mission reflects this belief, as they strive to aid their clients in realizing their dreams through a systematic wealth management process. This process encapsulates risk management, comprehensive services, and disciplined investment results.
Norvell’s Experience and Credentials
According to FINRA, Scott Norvell has 31 years in the securities industry. Currently operating out of Omaha, Nebraska, he has been affiliated with Brokers International Financial Services and Brokers Financial as a broker and investment advisor since March 2022 under the name TR Financial.
Norvell’s registration history consists of the following:
- LPL Financial, Omaha, Nebraska (2020-2022)
- Cetera Advisors, Omaha, Nebraska (2006-2020)
- Royal Alliance Associates, Columbus, Nebraska (2001-2006)
- Vestax Securities Corporation, Hudson, Ohio (1998-2001)
- Royal Alliance Associates, Jersey City, New Jersey (1995-1998)
- Linsco/Private Ledger Corporation, Fort Mill, South Carolina (1992-1995)
Norvell has also passed six critical securities industry exams:
- The General Securities Principal Examination, or Series 24
- The Investment Company Products/Variable Contracts Representative Examination, or Series 6
- The General Securities Representative Examination, or Series 7
- The Securities Industry Essentials Examination, or SIE
- The Uniform Securities Agent State Law Examination, or Series 63
- The Uniform Investment Adviser Law Examination, or Series 65
Mr. Norvell holds licenses in Arizona, Arkansas, Colorado, Iowa, Nebraska, New Mexico, and Texas.
Haselkorn & Thibaut Representation
Haselkorn & Thibaut advocate for investors across the United States, including in actions against financial advisors and investment firms. If you or someone close to you has incurred investment losses, we invite you to reach out to us at 1-800-856-3352 or through our online contact form for a free, confidential consultation.
