Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 18, 2017 indicate that Texas-based Kestra Investment Services broker/adviser Charles Smith has been the subject of a customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Smith (CRD# 1786717).
Charles Smith has spent 25 years in the securities industry and has been registered with Kestra Investment Services in Amarillo, Texas since April 2017. Previous registrations include LPL Financial in Amarillo, Texas; Banc of America Investment Services in Boston, Massachusetts; Morgan Stanley DW in Purchase, New York; and Pruco Securities Corporation. He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); Series 31 (Futures Managed Funds Examination); Series 6 (Investment Company Products/Variable Contracts Representative Examination); and Series 24 (General Securities Principal Examination). He is a registered broker and investment adviser with 14 US states and territories: Arizona, Colorado, Florida, Kentucky, Missouri, Nevada, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Texas, and the Virgin Islands.
According to his BrokerCheck report, he has received one customer complaint and one denied customer complaint.
In 2011 a customer alleged Charles Smith, while employed at LPL Financial, breached his fiduciary duty, made unsuitable investment recommendations, acted negligently, misrepresented material facts related to investments, and violated state and federal statutes. The complaint settled for $130,000.
In 2006 a customer alleged Charles Smith, while employed at Banc of America Investment Services, failed to provide suitable investment advice and recommendations. The customer sought unspecified damages in the complaint, which was denied.
If you have complaints regarding Charles Smith, call firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover your losses. All cases are taken on a contingency basis: we only get paid if and when you collect money. The law sets a limited window to file complaints, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.