Willard Pugh (CRD #: 1757428), a broker registered with National Securities Corporation, is facing three investor disputes, according to his BrokerCheck record, accessed on April 7, 2021. All three of the disputes involve allegations of unsuitability. What Does Unsuitability Mean? “Suitability” refers to the FINRA requirement that brokers only recommend investments that fit their investors’…

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Peter Butler (CRD #: 1942182), an investment adviser registered with Mid Atlantic Financial Management in Independence, Ohio, is facing allegations of unsuitable recommendations, according to his Investment Advisor Public Disclosure record, accessed on March 5, 2021. In addition to his registration with Mid Atlantic, Butler offers investment advisory services through Partners Financial Group. He is…

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Eric Felsenfeld (CRD #: 4496689), a broker registered with Kingswood Capital Partners, is involved in an investor dispute regarding unsuitable investment recommendations, according to his BrokerCheck record, accessed on February 19, 2021. Felsenfeld has two investor disputes on his record, and both allege that he recommended unsuitable real estate investment trusts (REITs). On February 1,…

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William Young (CRD #: 4787488), a broker registered with Kingswood Capital Partners in Rockville, Maryland, is involved in a dispute regarding risky investments, according to his BrokerCheck record, accessed on February 22, 2021. On January 28, 2021, investors alleged that William Young misrepresented risks associated with two types of risky investments: Real estate investments trusts…

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Larry Hancock (CRD #: 1514911), an investment adviser registered with Proactive Retirement Solutions in Issaquah, Washington, is involved in an investor dispute regarding unsuitable investments, according to his Investment Adviser Public Disclosure record, accessed on March 3, 2021. Hancock is also a formerly registered broker, most recently with Purshe Kaplan Sterling Investments. On December 30,…

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Kevin Houser (CRD #: 2513167), a broker registered with Ameriprise Financial Services, has a multiple pending investor disputes, according to his BrokerCheck record, accessed on February 3, 2021. All of the pending disputes involve allegations of unsuitable investment recommendations, and the majority mention risky products like business development companies and REITs. On November 16, 2020,…

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Larry Michaels (CRD #: 4351477), a broker registered with Crown Capital Securities, is involved in an investor dispute over mutual funds, according to his BrokerCheck record, accessed on January 28, 2021. There is another disclosure on his record that investors should note. On December 1, 2020, an investor alleged that Larry Michaels did not make…

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Christopher Riggs (CRD #: 4133082), a broker registered with LPL Financial, is involved in an investor dispute over unsuitable investments, according to his BrokerCheck record, accessed on December 31, 2020. There are several other disputes on his record, the details of which are provided below. On November 3, 2020, an investor alleged that Christopher Riggs…

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Grant Conness (CRD #: 4778193), an investment adviser registered with Global Wealth Management Invest Advisory, is involved in a client dispute regarding unsuitable investment recommendations, according to his BrokerCheck record, accessed on October 28, 2020. This is not the first allegation of an unsuitable investment — concerned investors should keep reading. On September 8, 2020,…

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