Cory Davern (CRD #: 2945772), a broker registered with Valic Financial Advisors, is facing allegations that he misrepresented risks associated with certain securities, according to his BrokerCheck record, accessed on January 28, 2021.

Excessive Trading Edit

On December 2, 2020, investors alleged that Cory Davern made unsuitable investment recommendations and misrepresented their associated risks. The investor is seeking $235,000; the dispute is pending.

Cory Davern has passed the Series 66 Uniform Combined State Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, the Series 6 Investment Company Products / Variable Contracts Representative Examination, the Series 51 Municipal Fund Securities Principal Examination, and the Series 24 General Securities Principal Examination. He is a registered broker and a registered investment advisor in every state except Mississippi and Alaska.

During his 23 years of experience in the securities industry, Cory Davern has worked at the following firms:

  • AXA Distributors (CRD #: 25900)
  • Presidential Brokerage (CRD #: 28784)
  • Valic Financial Advisors (CRD #: 42803)
  • The Variable Annuity Marketing Company (CRD #: 5081)
  • Valic Financial Advisors (CRD #: 42803)
  • PFS Investments (CRD #: 10111)

If Cory Davern 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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