Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on April 26, 2019 indicate that former Massachusetts-based Securities America broker/adviser Elliott Packer was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from customers who have complaints regarding Mr. Packer (CRD# 1402627).
Elliott Packer has spent 25 years in the securities industry and was most recently registered with Securities America in Wellesley, Massachusetts (2015-2019). Previous registrations include Financial West Group in Wellesley, Massachusetts (1999-2015); Progressive Asset Management in San Rafael, California (1995-1999); and Prudential Securities in New York, New York (1993-1995). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 15, 1993; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 10, 1993; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on August 3, 1993; Series 51 (Municipal Fund Securities Principal Examination), which he obtained on February 14, 2003; and Series 24 (General Securities Principal Examination), which he obtained on February 21, 1996. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received two customer complaints and was recently terminated from his former employer in connection to alleged rule violations.
In February 2019 he was terminated from his position at Securities America in connection to allegations that while affiliated with a previous firm, he facilitated a previous client’s real estate investment and used funds intended for the investment for his personal purposes.
In 2010 a customer alleged Elliott Packer, while employed at Financial West Group, engaged in unspecified dissatisfactory conduct in connection to “three (3) managed accounts, the volume of transactions, the performance, and the fees paid.” The complaint settled for more than $7,900.
In 2005 a customer alleged Elliott Packer, while employed at Financial West Group, engaged in dissatisfactory trading activity that resulted in losses. The complaint settled for $925,000.
If you or someone you know has lost money investing with Elliott Packer, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.