Joe Franklin (CRD #: 2673133), an investment adviser registered with Innovative Advisory Partners, has a pending dispute with investors who allege that he recommended unsuitable investments, according to his IAPD record, accessed on December 28, 2020.

On November 3, 2020, clients alleged that they invested in several risky securities based on Franklin’s recommendations, including a REIT, a financial trust, and a real estate trust. These recommendations allegedly did not fit the investors’ conservative investment needs. The client is seeking $153,000, the dispute is pending.

On July 2, 2018, a client alleged that Joe Franklin made misrepresentations in connection with Puerto Rico Municipal Bonds. The client sought $64,499, but the dispute was denied by the firm. Firms can deny disputes without entering into arbitration or facing any kind of adjudication.

Joe Franklin has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 3 National Commodity Futures Examination, the Series 7 General Securities Representative Examination, Series 10 General Securities Sales Supervisor – General Module Examination, and the Series 9 General Securities Sales Supervisor- Options Module Examination. He is a registered investment adviser in Tennessee and Texas.

Joe Franklin has worked in the securities industry for 23 years. During his over two decades in the securities industry, Franklin has worked at the following 6 firms:

  • Innovative Advisory Partners (CRD #: 156135)
  • LPL Financial (CRD #: 6413)
  • Raymond James & Associates (CRD #: 705)
  • J.J.B. Hilliard, W.L. Lyons (CRD #: 453)
  • American Express Financial (CRD #: 6363)
  • IDS Life Insurance Company (CRD #: 6321)

If Joe Franklin 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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