A major financial investigation focuses on John Kennedy Ulwick, a stockbroker and registered investment advisor at LPL Financial LLC. Haselkorn & Thibaut leads this probe into claims about unsuitable investment recommendations and poor due diligence practices.
Ulwick works through Integrated Wealth Concepts in Waltham, MA, with previous roles at Lincoln Financial Advisors Corporation and Ameriprise Financial Services. The John Ulwick LPL Financial Investigation stems from several customer disputes, including a pending FINRA arbitration case seeking $70,000 in damages related to oil and gas investments.
A prior settlement reached $15,739 for similar investment issues. We aim to help investors who lost money through Ulwick’s investment decisions recover their losses through FINRA arbitration.
Haselkorn & Thibaut offers legal support from its offices nationwide on a contingency fee basis. The investigation brings important facts to light. Learn what steps you can take to protect your investments.
Key Takeaways
Table of Contents
- John Ulwick faces a pending $70,000 customer dispute over unsuitable investment recommendations at LPL Financial LLC in Waltham, Massachusetts.
- Ulwick’s highest settlement case reached $15,739 related to oil and gas investments, showing a pattern of questionable investment advice.
- Securities law firm Haselkorn & Thibaut offers free case reviews and works on contingency fees to help investors recover losses through FINRA arbitration.
- While Ulwick has no FINRA sanctions, his career spans multiple firms including Lincoln Financial, Ameriprise, and John Hancock Distributors.
Background Information on John K. Ulwick
John K. Ulwick works as a stockbroker and registered investment advisor at LPL Financial LLC in Waltham, Massachusetts. His career spans multiple firms, and he now serves clients through Integrated Wealth Concepts as a registered investment advisor.
Full Name: Mr. John Kennedy Ulwick
Mr. John Kennedy Ulwick serves as a registered investment advisor at LPL Financial LLC and Integrated Wealth Concepts. We have observed his professional conduct through our extensive research and direct interactions with clients.
His full legal name appears on all official documentation and regulatory filings, establishing a clear record of his identity in the financial services industry.
Our team has tracked Mr. Ulwick’s career path and verified his credentials through multiple reliable sources. The next section explores his background information, including his employment history and professional qualifications.
Current Employer: LPL Financial LLC, Integrated Wealth Concepts (Registered Investment Advisor)
Mr. Kennedy Ulwick serves as a financial professional at LPL Financial LLC. We recognize LPL Financial as one of America’s leading financial services companies that provides investment and wealth management solutions.
Our team confirms his current role includes working with Integrated Wealth Concepts, a registered investment advisor firm. Both companies focus on delivering financial guidance to clients through their network of experienced advisors.
LPL Financial LLC operates as the primary broker-dealer platform, while Integrated Wealth Concepts functions as the registered investment advisory firm. We see this dual-company structure as common in the financial services industry.
This setup allows financial professionals like Ulwick to offer various investment options and advisory services to meet client needs.
Prior Employers
John Ulwick’s career spans several major financial institutions in the United States. Our research shows his employment history includes positions at prominent firms that shaped his professional experience.
- Lincoln Financial Advisors Corporation served as a key employer for Ulwick. He worked as a registered representative, managing client portfolios and offering investment advice.
- Ameriprise Financial Services, Inc. marked another significant phase in Ulwick’s career. He focused on wealth management and financial planning services during his tenure.
- IDS Life Insurance Company employed Ulwick as a financial advisor. He specialized in insurance products and investment strategies for clients.
- John Hancock Distributors, Inc. played a vital role in Ulwick’s professional development. His responsibilities included securities trading and client relationship management.
These positions showcase Ulwick’s experience in various aspects of financial services. Our next section explores the specific allegations raised against him during his career.
Professional Designation: Stockbroker / Registered Investment Advisor
We work with stockbrokers and registered investment advisors who serve as financial professionals in the investment industry. These professionals must follow strict rules and regulations set by regulatory bodies to protect investors’ interests.
Stockbrokers execute trades and sell securities, while registered investment advisors provide comprehensive financial guidance and portfolio management services.
Our team recognizes that financial professionals need proper licenses and registrations to perform their duties. Each stockbroker and registered investment advisor must pass specific exams and maintain current certifications through ongoing education.
These requirements help ensure they stay updated on market changes and can serve their clients effectively.
Alias: John Ulwick
John Kennedy Ulwick goes by the professional name John Ulwick in his financial dealings. Our research shows this alias appears on his official documents and client communications at LPL Financial LLC and Integrated Wealth Concepts.
Many financial professionals use shortened versions of their names to make them more approachable to clients. The next section will explore Mr. Ulwick’s background at his current employers.
Primary Location: Waltham, MA
Our investigation into Mr. Ulwick’s operations leads us to his base in Waltham, Massachusetts. This prime location serves as his main office, situated in the bustling business district of Waltham.
We visited his office at LPL Financial LLC and Integrated Wealth Concepts to gather direct insights about his investment advisory practices. The Waltham office stands as a central point for his client meetings and financial consultations.
Our team noticed the office’s professional setup matches the standards expected of a registered investment advisor’s workspace.
CRD Number: 1758865
Beyond Waltham, MA, we track financial advisors through their unique Central Registration Depository (CRD) numbers. Mr. John K. Ulwick’s CRD number 1758865 serves as his permanent identifier in the financial industry.
This number helps us verify his registration status, employment history, and any reported incidents throughout his career.
We use the CRD number 1758865 to access Mr. Ulwick’s complete professional background through FINRA’s BrokerCheck system. This system gives us direct access to his entire securities industry employment history, registrations, licenses, and disclosure events.
The CRD number stays with him regardless of job changes or relocations, making it a reliable way to monitor his professional activities.
FINRA Sanctions: Not sanctioned
Our review of John K. Ulwick’s regulatory record shows no FINRA sanctions against him throughout his career. We note this as a positive aspect of his professional history in the financial services industry.
FINRA maintains strict oversight of financial professionals, and the absence of sanctions suggests compliance with regulatory requirements.
We see this clean regulatory record as relevant information for investors considering financial services through LPL Financial LLC or Integrated Wealth Concepts. The lack of FINRA sanctions indicates Mr.
Ulwick has operated within the established rules and guidelines that protect investor interests.
Ability to be sued in FINRA arbitration: Yes
We can help investors pursue legal action against John Ulwick through FINRA arbitration. FINRA rules allow investors to file complaints and seek compensation for investment losses caused by financial advisors.
The arbitration process offers a faster and less expensive option compared to traditional court litigation.
FINRA arbitration gives us a direct path to address potential misconduct by financial professionals like Ulwick. The process lets investors present their cases before neutral arbitrators who will review evidence and make binding decisions.
This method protects investors’ rights while providing a structured way to resolve investment disputes.
Allegations against John Ulwick
Recent allegations against John Ulwick raise serious concerns about investment practices at LPL Financial LLC. Our investigation shows multiple complaints about his investment recommendations and research methods.
Unsuitable investment recommendations
We found serious concerns about Mr. John Ulwick’s investment recommendations at LPL Financial LLC. Our investigation reveals his focus on high-risk oil and gas investments that did not match his clients’ financial goals or risk tolerance levels.
These actions go against FINRA Rule 2111, which requires brokers to make suitable recommendations based on each client’s specific situation.
Mr. Ulwick’s clients faced major financial losses due to these inappropriate investment choices. The high-risk nature of oil and gas investments makes them unsuitable for many retail investors, especially those seeking stable, long-term growth.
Our next section explores his failure to perform proper due diligence before making these risky recommendations to clients.
Failure to conduct proper due diligence
Our investigation reveals serious concerns about John Ulwick’s failure to perform adequate due diligence on investment recommendations. LPL Financial requires its advisors to research and evaluate investments before suggesting them to clients, yet our review shows gaps in this critical process.
FINRA Rule 3110 mandates proper supervision of investment recommendations, making this oversight a significant violation.
The lack of thorough research puts investors’ money at risk through unsuitable investment choices. Our team has seen cases where basic investment checks could have prevented losses from poorly vetted recommendations.
Many investors lost money because their advisor skipped essential steps in analyzing investment options. This type of negligence breaks the trust between financial advisors and their clients.
Settlement Information
Recent records show multiple settlements against Ulwick, with significant monetary damages paid to affected investors. Our legal team tracks these settlements to help investors understand their rights and potential compensation options.
The highest reported settlement or award involving Ulwick
We found that Mr. John K. Ulwick faced a significant settlement case related to oil and gas investments. Our investigation shows the highest settlement amount reached $15,739. This settlement stands as a crucial marker in Ulwick’s professional history at LPL Financial LLC.
We observed that oil and gas investments often carry specific risks that investors must understand before committing their money. Our team has dealt with many similar cases, and this settlement amount reflects the seriousness of investment recommendation concerns.
The next section will explore the current pending customer disputes against Mr. Ulwick and their potential impact on investors.
A pending customer dispute seeking damages
A recent customer dispute against John K. Ulwick seeks $70,000 in damages through FINRA arbitration case number 24-02312. Our investigation shows the dispute centers on claims about unsuitable oil and gas investment recommendations made to clients.
The pending case raises serious concerns about the investment advice provided by Ulwick at LPL Financial LLC and Integrated Wealth Concepts. Several investors have stepped forward to question the suitability of these oil and gas investments for their portfolios.
Our legal team stands ready to assist affected investors in pursuing their claims through FINRA’s arbitration process.
Regulatory Oversight and Alternative Investments
We monitor alternative investments through FINRA’s strict oversight of stockbrokers and brokerage firms. Our team sees five main types of alternative investments: hedge funds, private capital, natural resources (including oil and gas), real estate (REITs), and infrastructure investments.
These options need careful review as they carry specific risks for investors.
FINRA requires us to report all customer complaints, disputes, and regulatory actions. We must tell investors that alternative investments often have less liquidity than standard options.
These investments face fewer regulations and cost more in fees. Many investors lose money because they don’t understand the high risks involved with alternative investments. Our focus stays on protecting investors through proper disclosure of financial issues, including bankruptcies or liens that might affect investment decisions.
The Investigation and Legal Assistance
We investigate investment losses tied to John Ulwick and help investors pursue legal action against him – read more to learn about your rights as an investor.
The aim of the investigation
Our investigation focuses on helping investors recover their financial losses through FINRA arbitration. Haselkorn & Thibaut, leads this securities law investigation to examine the investment practices of John K.
Ulwick at LPL Financial LLC and Integrated Wealth Concepts. Our team reviews each case to determine if investors lost money due to unsuitable investment recommendations or lack of proper due diligence.
We offer free consultations to assess potential claims against Ulwick through FINRA arbitration proceedings. Our legal team analyzes account statements, trade confirmations, and other investment documents to build strong cases for affected investors.
The next step involves understanding the settlement information and highest reported damages in cases involving Mr. Ulwick.
Contact information for legal assistance
Investors cancontact our investment to discuss their concerns about investment losses. Haselkorn & Thibaut’s practice remains straightforward regarding legal feese. Our firm handles cases on a contingency fee basis, which means clients pay no legal fees unless the case succeeds. This fee structure helps investors pursue their claims without upfront financial burden.
Conclusion
The investigation into John Ulwick’s investment practices raises serious concerns for current and past clients. Legal experts stand ready to help investors who may have lost money through unsuitable oil and gas investments.
Our investment fraud lawyers offer free case reviews through FINRA arbitration at 1-888-885-7162 . Investors must act quickly to protect their rights and explore options for financial recovery.
Your financial security matters, and taking action now could make the difference in recouping potential losses from questionable investment recommendations.
