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Greyson Kilmer Subject of Variable Annuity Disputes

Greyson Kilmer (CRD #: 6157498), a previously registered broker with NYLife Securities, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 30, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On March 7, 2024, investors alleged that Greyson Kilmer recommended variable annuities that do not meet their retirement needs and requested to terminate the variable annuity policies and waive or modify the surrender charges. 

What is a Variable Annuity? 

Variable annuities are complex investments. They are insurance products that come with an investment component. The associated fees, surrender charges, and potential tax liability can negate any supposed benefits they offer. Furthermore, the risk associated with this type of illiquid investment makes it unsuitable for many investors. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Recommending variable annuities that do not fit investors’ needs may violate this rule. 

Background Information 

Greyson Kilmer 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

Kurta Law Can Help 

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