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Gregg Desmarais Voluntarily Resigned from TD Private Client Wealth

Gregg Desmarais (CRD #: 6602147), a broker registered with Raymond James Financial Services, voluntarily resigned from TD Private Client Wealth in April of 2024. This disclosure appears on his BrokerCheck record, accessed on June 5, 2024. Details concerning his resignation are provided below. 

Voluntary Resignation from TD Private Client Wealth 

On April 24, 2024, Gregg Demarais voluntarily resigned from TD Private Client Wealth following allegations of a suspected violation of the form’s anti-money laundering policy by the representative. 

Anti-Money Laundering Programs

FINRA Rule 3310 requires firms to have anti-money laundering programs in place in order to comply with the Bank Secrecy Act. The Bank Secrecy Act requires financial institutions to report suspicious transactions. 

Background Information 

Gregg Desmarais has passed the following exams: 

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

He is a registered broker and investment adviser in Connecticut and Massachusetts. He is also a registered broker in another five states. 

During his eight years of experience, Gregg Desmarais has registered with three firms: 

  • Raymond James Financial Services (CRD #: 6694) 
  • Raymond James Financial Services Advisors (CRD #: 149018) 
  • TD Private Client Wealth (CRD #: 164484) 

Kurta Law Can Help 

If you have worked with Gregg Desmarais 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.

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