Drew Kramer Terminated by LPL Financial
Drew Kramer (CRD #: 4352564) has been fired by LPL Financial following allegations. This disclosure appears on his BrokerCheck record, accessed on February 9, 2024. Keep reading if you have questions regarding the allegations.
Termination Following Outside Business Allegations
On December 22, 2023, LPL Financial fired Drew Kramer following allegations that he participated in an outside business without firm approval.
Drew Kramer has the following outside businesses listed on his detailed BrokerCheck record:
- Northwest Investment Services
- Colonial Life Insurance
- Northwest Bank
Outside Business
FINRA Rule 3270 requires brokers to disclose to their firm any business activities they engage in outside it, including any compensation they expect to receive.
High Standards of Commercial Honor
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of 3270 also violate FINRA Rule 2010.
Background Information
Drew Kramer has passed the following exams:
- Series 63 Uniform Securities Agent State Law Examination
- Series 6TO Investment Company Products/ Variable Contracts Representative Examination
- SIE – Securities Industry Essentials Examination
- Series 6 Investment Company Products / Variable Contracts Representative Examination
He has registered with the following firms:
- LPL Financial (CRD #: 6413)
- W&S Brokerage Services (CRD #: 8099)
- Sagepoint Financial (CRD #: 133763)
- SunAmerica Securities (CRD #: 20068)
Kurta Law Can Help
If you have worked with Drew Kramer 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.
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.