LPL Financial LLC

Broker Michael Mcnicholas in LPL Financial LLC Firm Has Customer Complaint

February 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Mcnicholas (Mcnicholas), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mcnicholas recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on December 14, 2024.

A former client who is the ex-husband of the client, alleged that Advisor’s client violated the terms of their marital separation agreement and misappropriated funds from their daughter. Advisor was not alleged to have taken any funds; however, it was alleged that Advisor failed to notify the daughter of the alleged misappropriation after taking instructions from the account holder, his client, in July 2024.

Broker Justin Gerow in LPL Financial LLC Firm Has Customer Complaint

February 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Justin Gerow (Gerow), previously associated with LPL Financial LLC, has at least 2 disclosable events. These events include one customer complaint, one tax lien, alleging that Gerow recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $36,000.00 on November 27, 2024.

Customer alleged the annuities they purchased in September of 2021 were not suitable, as recommended by Gerow

Broker Joel Woods in LPL Financial LLC Firm Has Customer Complaint

February 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joel Woods (Woods), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Woods recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $750,000.00 on December 31, 2024.

The claim alleges unsuitability, breach of fiduciary duty, negligence, negligent hiring, and breach of contract based on investments made in 2017.

There are Recent Customer Complaints with Broker Earl Winthrop in Firm LPL Financial LLC

February 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Earl Winthrop (Winthrop), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Winthrop recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,000.00 on December 04, 2024.

Customer alleges unsuitable investments and violation of Reg BI

LPL Financial LLC Broker Terry Bailey Has Customer Complaint

January 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Terry Bailey (Bailey), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bailey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $200,000.00 on December 17, 2024.

Customer indicates that advisor forged customer signatures on annuity purchase paperwork.