Andrew Buckanavage Barred by FINRA for Alleged Conversion

Andrew Buckanavage (CRD #: 6207055), a broker previously registered with Allen, Mooney & Barnes Brokerage Services, allegedly engaged in conversion. This disclosure appears on his BrokerCheck record, accessed on September 14, 2025. Keep reading if you have questions concerning his alleged conduct. 

Bar by FINRA

On June 9, 2025, Andrew Buckanavage consented to the entry of findings that he allegedly engaged in the conversion of $177,962.80 by charging personal expenses to a corporate credit card provided by a private equity firm affiliated with Allen, Mooney & Barnes Brokerage Services.

According to an Order Accepting Offer of Settlement, Andrew Buckanavage allegedly made 94 transfers of funds from his corporate credit card to his personal PayPal account, using another PayPal account associated with his corporate email address as an intermediary. He allegedly used these funds for personal expenses.

Additionally, he allegedly charged personal expenses directly to his corporate card on 12 occasions. He allegedly failed to disclose that these were personal expenses and falsely indicated on expense reports that certain of these charges were for business purposes.

Andrew Buckanavage allegedly disclosed this activity to the affiliated private equity firm in May 2023. He allegedly refused to appear for testimony requested in connection with a FINRA investigation the following month.

The Order concluded that these allegations constituted violations of FINRA Rules 2010 and 8210.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Converting funds from employers would violate this rule. 

FINRA Rule 8210

FINRA Rule 8210 requires members to submit their books and records for inspection and to appear for testimony in connection with FINRA investigations.

Sanctions

Andrew Buckanavage was permanently barred by FINRA on September 3, 2025. You can read a copy of the Order Accepting Offer of Settlement here.

Employment Separation After Allegations 

On May 23, 2023, Andrew Buckanavage voluntarily resigned from Allen, Mooney & Barnes Brokerage Services after being terminated from an affiliated management company. That company alleged that Andrew Buckanavage charged personal expenses to a corporate credit card.

Background Information 

Andrew Buckanavage has passed the following exams:

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 79 Investment Banking Registered Representative Examination 

He previously worked for Allen, Mooney & Barnes Brokerage Services (CRD#:142619).

Kurta Law Can Help 

If you worked with Andrew Buckanavage and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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 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. Do not let securities fraud go unchecked. Start your recovery process today.