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AE Wealth Management Fires George Purdy for Alleged Firm Policy Violation

Dec 28, 2021 Fired Brokers

George Purdy (CRD #: 5865750) was fired from his position at AE Wealth Management, according to his BrokerCheck record, accessed on December 7, 2021. 

Employment Termination Details 

On October 7, 2021, AE Wealth Management fired George Purdy following allegations that he breached the firm’s Investment Adviser Representative Agreement and also violated the firm’s policies and procedures. The Financial Industry Regulatory Authority (FINRA) requires that brokers follow their registered firm’s written supervisory policies. FINRA Rule 3110 requires that brokers establish write supervisory procedures that are reasonably designed to achieve compliance with securities law and FINRA regulations. 

Background Information 

George Purdy has passed the following exams: 

  • Series 66 – Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 – General Securities Representative Examination 

Other than AE Wealth Management, George Purdy has also worked with the following firms: 

  • Madison Avenue Securities (CRD#:23224) 
  • AXA Advisors (CRD#:6627) 

Kurta Law Can Help 

If you lost money while working with George Purdy, don’t hesitate to contact us today at 877-600-0098 or 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 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.