Michael Martino (CRD:# 2579146), a broker registered with Four Points Capital Partners LLC, is currently facing investor complaints regarding mismanagement, making unsuitable recommendations, earning unreasonable commissions, making unsuitable concentrations in particular securities, and failing to follow the Financial Industry Regulator Authority’s rule “Know Your Customer,” according to his BrokerCheck record accessed on August 19, 2020. Did you have questions about fees you were charged by Michael Martino? Read on to find out more.
On June 26, 2020,  a client alleged that Michael Martino recommended unsuitable securities, charged excessive commissions and failed to know the customer consistent with FINRA’s rules. The client is seeking $543,163 in damages; the dispute is pending.
What is “failing to know your customer?” Rule 2090 states that brokers shall use “reasonable diligence” to know and retain the essential facts concerning every customer and concerning the authority of each person acting on behalf of such customer.
On February 13, 2020, client alleged that Michael Martino mismanaged accounts between 2011 and 2017. The client is seeking $107,038 in damages; the dispute is pending.
On January 7, 2020, client alleged that Michael Martino provided poor advice on prospective trades. The client is seeking $200,000 in damages; the dispute is pending.
These are not the only disclosures in Michael Martino’s BrokerCheck record.
On June 8, 2001, the Utah Division of Securities held Michael Martino’s registration in default after he failed to respond to the division’s request for information.
On May 22, 2000, Michael Martino voluntarily resigned from SG Martin Securities. The firm alleges that when Michael Martino was planning to leave the firm, the firm could not locate his customer books on the premises. The firm also alleges that Michael Martino took a customer book that belonged to a broker who was still employed at the firm. The firm further alleges that Michael Martino was acting in concert with other representatives to systematically divert the firm’s customers away from the firm while still employed by the firm.
On June 21, 1998, a client alleged that Michael Martino committed fraud and made misrepresentations. The client sought $234,971.50. The claim was settled for $30,000.
Michael Martino has passed the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, and Series 24 General Securities Principal Examination. He is registered as a broker in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, D.C., Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Michael Martino has worked in the securities industry for over two decades. During his 25-year career, he has worked at the following firms:

  • Wedbush Securities Incorporated (CRD #: 877)
  • Brookstreet Securities Corporation (CRD #: 14667)
  • Emerson Bennett & Associates (CRD #: 36171)
  • G. Martin Securities LLC (CRD #: 46908)
  • Fin-Atlantic Securities Incorporated (CRD#: 25523)
  • VTR Capital, Incorporated (CRD #: 21404)
  • Monroe Parker Securities, Incorporated (CRD #: 31204)

If Michael Martino was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email info@fkesq.com for your free case consultation with a securities attorney.

Michael Martino (CRD:# 2579146), a broker registered with Four Points Capital Partners LLC, is currently facing investor complaints regarding mismanagement, making unsuitable recommendations, earning unreasonable commissions, making unsuitable concentrations in particular securities, and failing to follow the Financial Industry Regulator Authority’s rule “Know Your Customer,” according to his BrokerCheck record accessed on August 19, 2020. Did you have questions about fees you were charged by Michael Martino? Read on to find out more.
On June 26, 2020,  a client alleged that Michael Martino recommended unsuitable securities, charged excessive commissions and failed to know the customer consistent with FINRA’s rules. The client is seeking $543,163 in damages; the dispute is pending.
What is “failing to know your customer?” Rule 2090 states that brokers shall use “reasonable diligence” to know and retain the essential facts concerning every customer and concerning the authority of each person acting on behalf of such customer.
On February 13, 2020, client alleged that Michael Martino mismanaged accounts between 2011 and 2017. The client is seeking $107,038 in damages; the dispute is pending.
On January 7, 2020, client alleged that Michael Martino provided poor advice on prospective trades. The client is seeking $200,000 in damages; the dispute is pending.
These are not the only disclosures in Michael Martino’s BrokerCheck record.
On June 8, 2001, the Utah Division of Securities held Michael Martino’s registration in default after he failed to respond to the division’s request for information.
On May 22, 2000, Michael Martino voluntarily resigned from SG Martin Securities. The firm alleges that when Michael Martino was planning to leave the firm, the firm could not locate his customer books on the premises. The firm also alleges that Michael Martino took a customer book that belonged to a broker who was still employed at the firm. The firm further alleges that Michael Martino was acting in concert with other representatives to systematically divert the firm’s customers away from the firm while still employed by the firm.
On June 21, 1998, a client alleged that Michael Martino committed fraud and made misrepresentations. The client sought $234,971.50. The claim was settled for $30,000.
Michael Martino has passed the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, and Series 24 General Securities Principal Examination. He is registered as a broker in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, D.C., Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Michael Martino has worked in the securities industry for over two decades. During his 25-year career, he has worked at the following firms:

  • Wedbush Securities Incorporated (CRD #: 877)
  • Brookstreet Securities Corporation (CRD #: 14667)
  • Emerson Bennett & Associates (CRD #: 36171)
  • G. Martin Securities LLC (CRD #: 46908)
  • Fin-Atlantic Securities Incorporated (CRD#: 25523)
  • VTR Capital, Incorporated (CRD #: 21404)
  • Monroe Parker Securities, Incorporated (CRD #: 31204)

If Michael Martino was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email info@fkesq.com for your free case consultation with a securities attorney.