Genevieve Mar Subject of a Suitability Dispute

Genevieve Mar (CRD #: 2744037), a broker registered with Berthel, Fisher & Company Financial Services, is the subject of an investor dispute. This disclosure appears on her BrokerCheck record, accessed on April 15, 2024. Keep reading if you have questions regarding her alleged conduct. 

Customer Disputes

On December 18, 2023, investors alleged Genevieve Mar recommended unsuitable investments. The investors further alleged that she misrepresented investments and that the brokerage firm failed to supervise. The investor is seeking $99,999.

There are eight other investor disputes on her record. 

FINRA Rule 2111 – Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. This rule also prohibits overconcentration, as placing too much of a portfolio in a single sector exposes the investor to unnecessary risk. 

Misrepresentation

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. Material facts include information about an investment’s potential returns, as well as charges, expenses, and fees.

Background Information 

Genevieve Mar has passed the following exams: 

• Series 66 Uniform Combined State Law Examination 
• 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 

She is a registered broker in 24 states and is a registered investment adviser in Illinois. 

In her 27 years of experience, Genevieve Mar has registered with five firms: 

• Berthel, Fisher & Company Financial Services (CRD #: 13609) 
• Brewer Financial Services (CRD #: 132558) 
• Brewer Investment Advisors (CRD #: 134631) 
• Woodbury Financial Services (CRD #: 421) 
• PFS Investments (CRD #: 10111) 

Kurta Law Can Help 

If you have worked with Genevieve Mar and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.