Mark Pearcy (CRD #: 2978026), a broker registered with MML Investors Services, is the subject of an investor dispute involving a Variable Universal Life policy (VUL), according to his BrokerCheck record, accessed on November 13, 2020. More details are provided below.

Thomas Eades

On November 13, 2020, a client alleged that Mark Pearcy misrepresented a VUL, allegedly stating that they could expect an annual return of 10%. The policy has since collapsed. The client is seeking $554,000; the dispute is pending.

Pearcy has been the subject of three tax liens, which total approximately $530,092.

On January 21, 2011, Pearcy satisfied a financial compromise.

On April 7, 2009, a client alleged that Mark Pearcy recommended an unsuitable variable life insurance policy. The client sought $90,238.55; the dispute settled for $105,306.05.

Pearcy has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, Series 7 General Securities Representative Examination, and the Series 6 Investment Company Products/Variable Contracts Representative Examination. He is a registered broker in 15 states and a registered investment adviser in California and Texas.

Mark Pearcy has worked in the securities industry for 23 years. During his over two decades of experience, he has worked at three firms.

  • MML Investors Services (CRD #: 10409)
  • MSI Financial Services (CRD #: 14251)
  • Metropolitan Life Insurance Company (CRD #: 4095)

If Mark Pearcy 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.

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