Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on October 25, 2017 indicate that Washington-based Independent Financial Group broker/adviser Morgan Arford has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Arford (CRD# 4945329).
Morgan Arford has spent five years in the securities industry and has been registered with Independent Financial group in Lynnwood, Washington since 2013. He was previously registered with Geneos Wealth Management in Lynwood, Washington (2010; 2012-2013). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 31, 2014; Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 31, 2008; and Series 7 (General Securities Representative Examination), which he obtained on March 29, 2010. . He is registered as a broker and investment adviser with the state of Washington. He is also the Chief Investment Officer at Comprehensive Wealth Management, which offers securities through Independent Financial Group.
According to his BrokerCheck report, he has received three customer complaints and one pending customer complaint.
In September 2016 a customer alleged Morgan Arford, while employed at Geneos Wealth Management and Comprehensive Wealth Management, made unapproved and unsuitable investments in oil and gas products and a penny stock product. The complaint settled in September 2017 for $95,000.
In August 2016 a customer alleged Morgan Arford, while employed at Geneos Wealth Management and Comprehensive Wealth Management, made unsuitable and unauthorized transactions involving oil and gas securities and a penny stock. The customer is seeking $335,300 in damages in the pending complaint.
In July 2016 a customer alleged Morgan Arford, while employed at Geneos Wealth Management and Comprehensive Wealth Management, executed unauthorized and unsuitable transactions. The complaint settled in July 2017 for $350,000.
In July 2016 a customer alleged he, while employed at Geneos Wealth Management and Comprehensive Wealth Management, executed unauthorized and unsuitable transactions, participated in the sale of a penny stock in violation of firm policies and procedures, and over-concentrated the account in illiquid investments. The complaint settled in May 2017 for $180,000.
If you have lost money investing with Morgan Arford, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.