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Allan Tentler Placed on Probation by Florida Department of Financial Services

Dec 31, 2021 Regulatory Action

Allan Tentler (CRD #:5601241), a broker and investment advisor registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has been placed on probation by the Florida Department of Financial Services according to his BrokerCheck record, accessed on December 16, 2021.  

Probation Details 

The Florida Department of Financial Services made a decision to place Allan Tentler under probation pursuant to section 626.691, Florida Statutes, following a prior license revocation by the State of California Department of Insurance. The decision was made following Allan Tentler's licensure application request to the Florida Bureau of Licensing on September 16, 2021. The probation will run concurrently with the restricted period of his California license. 

License Revocation by The State of California Department of Insurance 

On May 13, 2013, the State of California Department of Insurance found that there was a significant basis to revoke Allen Tentler’s license. The revocation stems from allegations that he failed to timely disclose a 2011 misdemeanor conviction, violating California Insurance Code Section 1729.2(A) And 1729.2(D).  

The State of California also fined Allan Tentler $1,034. The department ordered Allan Tentler to pay a monetary penalty of $750 and a $284 examination fee. He was issued a restricted license that requires him to obey all laws, but which does not in any way impact his ability to continue to engage in the business of selling insurance. 

Background Information 

Allan Tentler has passed the following exams: 

  • Series 66 - Uniform Combined State Law Examination 
  • SIE - Securities Industry Essentials Examination 
  • Series 7 - General Securities Representative Examination 

He is a registered broker in 29 states and a registered investment advisor in California and Texas. 

Other than Merrill Lynch, Pierce, Fenner & Smith Incorporated, Allan Tentler has also worked with the following firms: 

  • Accelerated Capital Group (CRD#:41270) 
  • JRL Capital Advisors (CRD#:108162) 
  • JRL Capital Corporation (CRD#:10225) 
  • Western Financial Advisors (CRD#:35098) 
  • WFP Securities (CRD#:35098) 
  • National Planning Corporation (CRD#:29604) 
  • AXA Advisors (CRD#:6627) 

Kurta Law Can Help 

If you have worked with Allan Tentler and have concerns about your investments, don't hesitate to contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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.