Brett Hartvigson (CRD #2263087), a broker registered with Independent Financial Group, is facing client allegations of over-concentration of alternative investments, according to his BrokerCheck record, accessed on December 14, 2020. There are several other disclosures on Mr. Hartvigson’s record that are described in further detail below.
On September 17, 2020, a client alleged that Brett Hartvigson over-concentrated alternative investments in their portfolio. Alternative investments come with more risk and are not suitable for many investors. The client is seeking $580,000; the dispute is pending.
Brett Hartvigson entered into financial compromises in both 2017 and 2016.
On March 30, 2009, LPL Financial fired Brett Hartvigson following allegations that he circumvented firm policy regarding variable annuity transactions.
On February 6, 2007, a client’s family member alleged that Mr. Hartvigson used assets in brokerage account to purchase fixed annuities and life insurance. The client sought $100,000; the dispute settled for $11,182.
On July 20, 2004, a client alleged that he was not informed of the risk involved in the purchase of a variable universal life contract. The client sought $36,000; the dispute settled for $750.49.
On July 8, 2002, a client alleged that Brett Hartvigson recommended an unsuitable security that incorrectly listed the premiums paid by the member. The client sought $14,448.80; the dispute settled for $65,054.51.
Brett Hartvigson has passed the Series 66, Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, and the Series 6 Investment Company Products / Variable Contracts Representative Examination. He is registered broker in 15 states and an investment adviser in California and Texas.
During his 28 years of experience, Brett Hartvigson has worked at four firms:
- Independent Financial Group (CRD #: 7717)
- LPL Financial Corporation (CRD #: 6413)
- Thrivent Investment Management (CRD #: 18387)
- Lutheran Brotherhood Securities (CRD #: 4205)
If Brett Hartvigson 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 a free case consultation with a securities attorney.