Brady Brunsvold Allegedly Recommended Unsuitable Investments
Brady Brunsvold (CRD #: 6425784), a broker registered with LPL Financial, allegedly made unsuitable investment recommendations, according to his BrokerCheck record, accessed on April 21, 2023. If you want to know more about his alleged conduct as a broker, keep reading.
On March 10, 2023, an investor alleged that Brady Brunsvold gave unsuitable investment recommendations between January 3, 2022, and March 8, 2023. The client seeks $106,430 in damages in this pending dispute.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must take into account the investor’s profile, which contains the following investor characteristics:
- Financial goals
- Risk tolerance
- Time horizon (i.e., how long the investor plans to hold the investment)
- Investing experience
- Tax status
Investors who rely on brokers for investment recommendations can pursue FINRA arbitration and potentially recover their losses.
Brady Brunsvold has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
Brady Brunsvold is a registered broker in 15 states and a registered investment adviser in North Dakota.
He has also worked for the following firms:
- Woodbury Financial Services (CRD#:421)
- Raymond James Financial Services Advisors (CRD#:149018)
- Raymond James Financial Services (CRD#:6694)
- Edward Jones (CRD#:250)
Kurta Law Can Help
If you worked with Brady Brunsvold and you have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org 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 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.