Robert Donovan (CRD #: 1005325), a Massachusetts broker registered with UBS Financial Services, has yet a new investor dispute, according to his BrokerCheck record, accessed on November 24, 2020. This is the sixth investor dispute on Mr. Donovan’s record.
On October 15, 2020, a client alleged that Robert Donovan recommended unsuitable investments. The client further alleged that these recommendations led to a substantial tax bill. The investor is seeking $550,000; the dispute is pending.
There are three denied investor disputes on Mr. Donovan’s record. Denied disputes have not been adjudicated by a FINRA arbitration panel — they are simply denied by the broker-dealer.
Robert Donovan has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, and the Series 7 General Securities Representative Examination. He is a registered broker in 40 states and a registered investment adviser in Florida and Texas.
Robert Donovan has worked in the securities industry for 39 years. In his nearly 40-year career, Mr. Donovan has worked for the following firms:
- CitiGroup Global Markets (CRD #: 7059)
- Lehman Brothers (CRD #: 7506)
- Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691)
If Robert Donovan 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 firstname.lastname@example.org for a free case consultation with a securities attorney.