Lee Nordstrom (CRD #: 2248261), a broker from LPL Financial LLC, is the subject of a FINRA investigation, according to his BrokerCheck record, accessed on September 17, 2020. This is not the only disclosure on Lee Nordstrom’s record.
On August 11, 2020, FINRA initiated an investigation into Lee Nordstrom. The description of the investigation alleges that Mr. Nordstrom executed trades in a client’s account 4 days after the client died. The beneficiary, who was the surviving spouse, did not authorize the trades.
On April 27, 2020, Lee Nordstrom was discharged from his position at Vorpahl Wing Securities following allegations that he failed to adhere to his firm’s suitability policy. Nordstrom was associated with Vorpahl Wing Securities prior to his current association with LPL Financial LLC.
On September 2, 2011, Mr. Nordstrom voluntarily resigned from Wells Fargo Advisors, LLC following allegations that he “may have been exercising discretion in customer’s accounts without the proper written authorization.”
Lee Nordstrom 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.
During his 27-year career, Lee Nordstrom has worked at the following firms:
- Vorpahl Wing Securities, Inc. (CRD #: 47548)
- Partners Capital Management, Inc. (CRD #: 117447)
- Partners Investment Network, Inc. (CRD #: 22423)
- Wells Fargo Advisors, LLC (CRD #: 19616)
- Prudential Securities Incorporated (CRD #: 7471)
- Painewebber Incorporated (CRD #: 8174)
- Dean Witter Reynolds Inc. (CRD #: 7556)
If Lee Nordstrom 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 email@example.com for your free case consultation with a securities attorney.