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Bill Tunink Allegedly Failed to Disclose a Loan from a Customer

Bill Tunink (CRD #: 2738224) has been fired by LPL Financial. This disclosure appears on his BrokerCheck record, accessed on October 5, 2025. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations

On September 8, 2025, LPL Financial fired Bill Tunink following allegations that he failed to receive prior firm approval for loans from customers. He also allegedly settled a customer complaint away from the firm. 

Loans Between Brokers and Investors

FINRA Rule 3240 describes the limited circumstances under which brokers may borrow from or lend to clients, such as loans between immediate family members.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Borrowing from investors may violate this rule. 

Investor Dispute

On August 1, 2025, an investor alleged that they lent Bill Tunink $140,000, which had not been paid back. The dispute was settled for $130,600. 

Background Information 

Bill Tunink has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination 

He has registered with the following firms: 

  • LPL Financial (CRD #: 6413) 
  • Avantax Investment Services (CRD #: 13686) 

Kurta Law Can Help 

If you have worked with Bill Tunink and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

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