Andre Jerome Brassard (CRD #2141315) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Andre Jerome Brassard (CRD #2141315) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 15, 2026. It reflects one customer dispute. If you invested with Andre Brassard and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Andre Brassard’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On February 6, 2026, a customer alleged that Andre Brassard misrepresented a Manager Select account as a single fund with a guaranteed 30% return. The customer also alleged that he did not receive statements or trading confirmations. Andre Brassard FINRA BrokerCheck lists the product as listed equities in a Manager Select account and the alleged damages as $14,666.24. LPL Financial LLC denied the complaint on February 18, 2026. Andre Brassard’s broker statement says the customer had an aggressive risk tolerance, agreed to the account, received monthly statements, and sold after seventeen trading days at a loss.

Rule Summary #1:

FINRA Rule 2111 (Suitability) requires a reasonable basis for a recommendation. It also requires the recommendation to fit the customer’s investment profile, including risk tolerance, objectives, and time horizon.

Rule Summary #2:

FINRA Rule 2210 (Communications with the Public) requires communications to be fair and balanced and not misleading. Claims about guaranteed returns or product structure can raise questions about whether the explanation to the customer was accurate and complete.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation fit the investor’s profile. Reg BI goes further. It requires firms and advisors to actively put the investor’s interest first.

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on his FINRA BrokerCheck report, Andre Brassard:

Is currently registered with LPL Financial LLC.

Has passed the Securities Industry Essentials (SIE) exam. Andre Brassard has also passed Series 24, Series 7, Series 6, Series 66, and Series 63.

Was previously registered with firms that include M&T Securities, Inc., Liberty Securities Corporation, Pruco Securities Corporation, and The Prudential Insurance Company of America.

Kurta Law Can Help

If you have worked with Andre Brassard and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful Resources: Unsuitable Investments | Securities Attorney

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain the next steps.