Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Carlsen (Carlsen), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Carlsen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on June 22, 2022.
Claimant alleges that Financial Advisor acted recklessly and carelessly when he recommended and sold unsuitable variable annuities that entailed an unnecessary level of risk and concentration, then failed to remind client of material attributes that could have prevented a costly liquidation.