Bob Coffin Involved in Variable Annuity Disputes

Bob Coffin (CRD #: 1590422), a broker registered with Cambridge Investment Research, has been the subject of several disputes, according to his BrokerCheck record, accessed on August 17, 2025. Investors may have also worked with him through Cambridge Investment Research Advisors and Coffin Wealth Management. Read on to learn more about his alleged conduct as a broker.

Investor Disputes

Bob Coffin has three investor disputes on his record, all denied by the firms.

On July 10, 2025, an investor named Bob Coffin in allegations involving the timing of an annuity solicitation in 2021.

In a dispute filed on February 22, 2019, multiple investors alleged that Bob Coffin misrepresented variable annuities purchased in November 2018 and recommended unsuitable investments.

On June 25, 2018, an investor alleged that Bob Coffin failed to disclose the fees, expenses, or charges associated with a variable annuity purchased in November 2017.

Investors should be aware that firms can deny disputes without allowing an outside review. You can still pursue FINRA arbitration and potentially recover damages following a denial.

FINRA Rule 2010

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

FINRA Rule 2020

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. Misrepresenting or omitting information about an investment’s fees, risks, limitations, or features violates this rule.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must examine the information contained in an investor’s profile, such as their age, tax status, risk tolerance, and investing experience.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

What are variable annuities?

Variable annuities are complex investments whose value depends on the performance of their underlying securities. Surrender charges, tax penalties, and other fees can make these policies unsuitable for certain investors.

Background Information

Bob Coffin has passed the following exams:

• General Securities Principal Examination – Series 24
• Investment Company Products/Variable Contracts Principal Examination – Series 26
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

Bob Coffin is a registered broker in ten states and a registered investment adviser in Florida, Nebraska, and Texas.

He has also worked for the following firms:

• Lincoln Financial Securities Corporation (CRD#:3870)
• LPL Financial (CRD#:6413)
• Level Four Advisory Services (CRD#:134086) 
• SII Investments (CRD#:2225)
• Equity Brokerage Services (CRD#:25184)
• Ameritas Investment Corporation (CRD#:14869) 

Kurta Law Can Help

If you worked with Bob Coffin 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.