Asher Feinberg (CRD #: 2189195), a broker and an investment adviser registered with Morgan Stanley, is facing a client complaint regarding an unsuitable investment recommendation, according to his BrokerCheck record, accessed on September 17, 2020.

On August 10, 2020, a client alleged that Asher Feinberg made an unsuitable investment recommendation of a master limited partnership (MLP). An MLP is a publicly traded limited partnership. It has the tax benefits of a limited partnership, but can also be easily converted to cash, just like a stock or a bond. These types of investments can complicate taxes and aren’t ideal for every investor. The client’s damages are not specified; the dispute is pending.

Asher Feinberg has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, Securities Industry Essentials Examination, the Series 31 Futures Managed Funds Examination, and the Series 7 General Securities Representative Examination. He is a registered as a broker in Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Maine, Massachusetts, New Jersey, New Mexico, New York, North Carolina, Oklahoma, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Virginia, Washington, and Wyoming. He is a registered investment adviser in Texas.

During his 15 years in the securities industry, Asher Feinberg has worked at one other firm besides Morgan Stanley:

  • CitiGroup Global Markets, Incorporated (CRD #: 7059) 

If Asher Feinberg 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.

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