Brian Pearce Faces Allegations of Misconduct Regarding Future Income Payments

Brian Pearce (CRD #: 1334784), an investment adviser registered with Pearce Financial, is involved in an investor dispute, according to his BrokerCheck record, accessed on August 17, 2021. Pearce was also registered as broker, most recently with World Equity Group.

On June 21, 2021, an investor alleged that Brian Pearce recommended that they invest in structured cash flows administered by Future Income Payments, LLC. This investment is not sold through Pearce’s firm, which is a sales practice violation called “selling away.”

Investors should take note: Brian Pearce is involved in other businesses outside of his firm. He has the following listed on his detailed BrokerCheck report:

• Pearce Financial
• Elite Retirement Advisors
• The Prepare Institute

There is also a regulatory action on Brian Pearce’s record. On December 7, 2015, Brian Pearce became the subject of a cease-and-desist order from the Florida Office of Financial Regulation. Florida alleged Pearce had failed to send clients itemized invoices. The State imposed a civil fine of $6,000.

Brian Pearce Background Information

Brian Pearce has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination
• Series 63 Uniform Securities Agent State Law Examination
• Securities Industry Essentials Examination
• Series 3 National Commodity Futures Examination
• Series 7 General Securities Representative Examination
• Series 24 General Securities Principal Examination

Pearce has worked with the following firms:

• World Equity Group (CRD #: 29087)
• Taylor Capital Management (CRD #: 43559)
• FSC Securities Corporation (CRD #: 7461)
• Securities Service Network (CRD #: 13318)
• Aegon USA Securities (CRD #: 13302)
• Princor Financial Services Corporation (CRD #: 1137)
• Allen & Company of Florida (CRD #: 25)
• Shearson Lehman Hutton (CRD #: 7506)
• F. Hutton & Company (CRD #: 235)

Kurta Law Can Help

If you worked with Brian Pearce and you have concerns about your investments, contact Kurta Law today. Call 877-600-0098 or email jkurta@kurtalawfirm.com.