Alan Lichtenstein Subject of Second State Regulatory Action

Alan Lichtenstein (CRD #: 1877017), a broker registered with Concorde Investment Services, was the subject of New York regulatory action, according to his BrokerCheck record, accessed on September 21, 2025. Investors may have also worked with him through Concorde Asset Management. Read on to learn more about his alleged conduct as a broker.

State Regulatory Actions

On July 16, 2024, Alan Lichtenstein entered into a consent agreement with the State of Maryland wherein he agreed not to apply or reapply for registration as a broker-dealer, investment adviser or representative of these entities with the state.

This agreement referenced a Letter of Acceptance, Waiver & Consent (AWC) he previously entered into with FINRA which concerned allegations involving his insurance continuing education credits required by the State of New York.

On June 17, 2024, Alan Lichtenstein entered into a consent agreement with the New York State Department of Financial Services. The Department alleged that, in August 2022, Alan Lichtenstein certified to the state that he had personally completed 15 hours of insurance continuing education credits required to renew his license when, in fact, another individual completed these credits on his behalf.

Alan Lichtenstein consented to a monetary penalty by the State of New York.

FINRA Rule 2010

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

FINRA Suspension

On June 24, 2024, Alan Lichtenstein consented to the entry of findings that he allegedly certified to the State of New York in August 2022 that he personally completed his insurance continuing education requirements when another individual completed them on his behalf.

A Letter of Acceptance, Waiver & Consent (AWC) concluded that these allegations constituted a violation of FINRA Rule 2010.

Sanctions

Alan Lichtenstein consented to the following sanctions:

• One-month suspension from associating with FINRA members
• $5,000 fine

His suspension ran from July 15 to August 14, 2024. You can read the full AWC here.

Background Information

Alan Lichtenstein has passed the following exams:

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

Alan Lichtenstein is a registered broker in 13 states and a registered investment adviser in New Jersey and New York.

He has also worked for the following firms:

• J.P. Turner & Company (CRD#:43177) 
• Alternative Wealth Strategies (CRD#:130933)
• Equity Services (CRD#:265) 
• Pruco Securities Corporation (CRD#:5685) 
• The Prudential Insurance Company of America (CRD#:680)
• Robert Todd Financial Corporation (CRD#:7423) 
• J. T. Moran & Company (CRD#:15655) 
• Blinder, Robinson & Company (CRD#:5096) 

Kurta Law Can Help

If you worked with Alan Lichtenstein and you 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.