Securities Lawyers Blog
Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as Union Capital Company. Many investors do not recognize broker misconduct in their accounts, and those that do are often hesitant to seek help. Broker misconduct spans many issues that violate industry rules, including unauthorized trading, breach of fiduciary duty, unsuitable asset allocation, and churning. The attorneys at Gana Weinstein LLP can analyze your accounts and investments to determine if there was misconduct in the handling of your account.
Union Capital Company is a broker-dealer, investment adviser, and insurance broker that provides portfolio management and selection of outside advisers for individuals, families, and small businesses, compensated through asset-based fees and commissions. Incorporated in Arizona in 1999 and headquartered in Tucson, the firm serves high-net-worth and other individual clients and uses custodians including RBC Capital Markets and Charles Schwab.
Union Capital Company – By the Numbers:
- CRD #: 110301
- Regulatory Events: 2
- Broker Employees: 11
Union Capital Company – Investment Advisors:
- SEC #: 121320
- Assets Under Management: $150,000,000
- ADV Form Employee: 13
Union Capital Company – In the News:
FINRA v. Union Capital Company (Case #2021072000902) – From January 2019 through at least December 2021, Union Capital failed to establish, maintain, and enforce a supervisory system, including written supervisory procedures (WSPs), reasonably designed to achieve compliance with the suitability requirements of FINRA Rule 2111 and the Care Obligation of Rule 15l-1 of the Securities Exchange Act of 1934 (Reg BI) with respect to its registered representatives’ recommendations of leveraged and inverse exchange-traded funds and leveraged and inverse mutual funds (Non-Traditional Funds), in violation of FINRA Rules 3110 and 2010. As of June 30, 2020, and continuing through at least December 2021, Union Capital also failed to comply with Reg BI’s Compliance Obligation by not establishing, maintaining, and enforcing WSPs reasonably designed to achieve compliance with Reg BI with respect to recommendations of Non-Traditional Funds, in violation of Exchange Act Rule 15l-1(a)(1) and FINRA Rule 2010.
Our attorneys have successfully represented hundreds of investors in investment disputes with their brokers and brokerage firms. Our consultations are free and we welcome all inquiries.