Adam Ezrilov Barred by FINRA for Alleged Failure to Provide Testimony

Adam Ezrilov (CRD #: 2679694), a broker formerly registered with LPL Financial, has been barred by FINRA, according to his BrokerCheck record, accessed on January 13, 2025. For details concerning his alleged suspension, keep reading. 

Bar by FINRA

On December 24, 2024, Adam Ezrilov consented to the entry of findings that he allegedly failed to appear for on-the-record testimony requested in connection with a FINRA investigation.

In a Letter of Acceptance, Waiver & Consent (AWC), FINRA’s investigation allegedly concerned a Uniform Termination Notice for Securities Industry Registration (Form U5) filed by LPL Financial which stated that Adam Ezrilov submitted succession plan documents containing a non-genuine signature.

The AWC concluded that Adam Ezrilov’s alleged failure to appear for testimony violated FINRA Rules 8210 and 2010.

FINRA Rule 8210

FINRA Rule 8210 requires members to supply records, information, and testimony upon request by FINRA.

FINRA Rule 2010 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Sanctions

Adam Ezrilov was permanently barred by FINRA on December 24, 2024. You can read the AWC here.

Termination from LPL Financial

On February 2, 2024, Adam Ezrilov was fired from LPL Financial after allegedly submitting succession plan documents containing a non-genuine signature.

Termination from Advantage Wealth Advisors

On December 7, 2023, Adam Ezrilov was fired from Advantage Wealth Advisors following allegations that he engaged in unethical business practices and violated the firm’s document signature policy.

FINRA Suspension

On July 24, 2023, FINRA suspended Adam Ezrilov following allegations he failed to comply with an arbitration award or settlement agreement or to sufficiently respond to a FINRA request to provide information concerning the status of his compliance. 

Adam Ezrilov’s suspension ran from July 24 to September 1, 2023.

Article VI, Section 3 of FINRA By-Laws

Article VI, Section 3 of FINRA By-Laws allows FINRA to suspend or cancel the membership of any member who fails to comply with arbitration awards or settlement agreements.

FINRA Rule 9554

FINRA Rule 9554 penalizes brokers who fail to comply with arbitration awards or settlements by suspending or canceling their registration. Brokers have 21 days to request a hearing before their suspension or cancellation becomes final.

Background Information 

Adam Ezrilov has passed the following exams: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination 

Adam Ezrilov has registered with the following firms: 

• LPL Financial (CRD #: 6413) 
• RBC Capital Markets (CRD #: 31194) 
• UBS Financial Markets (CRD #: 8174) 
• Wachovia Securities (CRD #: 19616) 
• U.S. Bancorp Piper Jaffray (CRD #: 665) 
• Dean Witter Reynolds (CRD #: 7556) 

Kurta Law Can Help

If you worked with Adam Ezrilov and have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.