Investor Alleges Suzette Frick Engaged in Conversion of $200,000

Suzette Frick (CRD #: 2626107), a broker registered with Money Concepts Capital Corporation, allegedly engaged in the theft of a client’s funds, according to her BrokerCheck record, accessed on January 25, 2023. Keep reading to learn more about her alleged conduct as a broker.

Investor Dispute

In a dispute filed on November 20, 2022, an investor alleged that Suzette Frick engaged in misappropriation of $200,000. The client additionally alleged that Suzette Frick sold a position in the client’s account without notifying her, resulting in the loss of a $600 monthly dividend.

The client seeks $200,000 in damages in this pending dispute.

FINRA Rule 2150

FINRA Rule 2150 prohibits the improper use of investors’ funds.

FINRA Rule 3260

FINRA Rule 3260 prohibits brokers from conducting discretionary trading outside accounts approved in advance by their client and firm.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Suzette Frick has passed the following exams:

• 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
• Series 24 – General Securities Principal Examination

Suzette Frick is a registered broker in 14 states and a registered investment adviser in Kentucky.

She has also worked for the following firms:

• LPL Financial (CRD#:6413)
• Securities America Advisors (CRD#:110518)
• Securities America (CRD#:10205)
• Triad Advisors (CRD#:25803)
• Fintegra (CRD#:16741)
• Linsco/Private Ledger Corporation (CRD#:6413)
• H.D. Vest Investment Securities (CRD#:13686)

Kurta Law Can Help

If you worked with Suzette Frick and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want 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.