William Johnson (CRD #: 3174473), a South Carolina broker registered with Cadaret, Grant & Co., has a new dispute with an investor, according to his BrokerCheck record, accessed on November 30, 2020. There is a similar disclosure regarding unsuitable, risky investments on his record — investors should examine what may be a pattern of unsuitable recommendations.

On October 15, 2020, a client alleged that beginning in 2014, William Johnson sold them unsuitable and risky investments, contrary to their conservative investment goals. The client is seeking $200,000; the dispute is pending.

On August 14, 2009, a client alleged that William Johnson sold him an unsuitable variable annuity. The client alleged that he believed his annuity came with an annual base increase and lifetime benefits. Variable annuity contracts are often too complex for investors to find useful and suit very few investors’ needs. The client alleged that Mr. Johnson had engaged in negligent representation and constructive fraud. He sought $303,751; the dispute resolved for $350,000.

On February 9, 2009, a client alleged that William Johnson did not properly allocate assets. The client sought $171,019, but the dispute was denied by the firm. Firms can deny disputes without any adjudication.

William Johnson has passed the Series 66 Uniform Combined State Law Examination, the Securities Industry Essentials Examination, and the Series 7 General Securities Representative Examination. He is a registered broker in Florida, Georgia, Michigan, New Mexico, North Carolina, South Carolina, Tennessee, Texas, and Wyoming. He is a registered investment adviser in Florida, Georgia, Michigan, North Carolina, South Carolina, and Texas.

William Johnson has worked in the securities industry for 21 years. He has worked at one other firm besides Cadaret Grant & Co.:

  • Voya Financial Advisors (CRD #: 2882)

If William Johnson 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 a free case consultation with a securities attorney.

Leave a Comment