Kaye Miller Involved in a Variable Annuity Dispute

Kaye Miller (CRD #: 1000838), a broker registered with Lincoln Financial Advisors Corporation, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on June 19, 2024. Keep reading if you have questions concerning her alleged conduct. 

Investor Allegations 

On April 18, 2024, an investor alleged that Kaye Miller purchased an unsuitable variable annuity without her investor’s knowledge or consent. The dispute was denied by the firm, but investors should know that firms can deny disputes without any external review. 

What is a Variable Annuity? 

Variable annuities are complex investments. These policies can decline in value depending on the performance of the underlying securities. Surrender charges, tax penalties, and other fees can make these policies unsuitable.

Unauthorized Trading

FINRA Rule 3260 limits discretionary trading by brokers to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm. Discretionary trading that takes place in an account that has not been approved is unauthorized.

Background Information

Kaye Miller 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 

She is a registered broker in 14 states and is a registered investment adviser in North Carolina, South Carolina, and Texas. 

During her 42 years of experience, she has registered with five firms: 

• Lincoln Financial Advisors Corporation (CRD #: 3978) 
• Osaic FA (CRD #: 3978) 
• The Lincoln Financial Life Insurance Company (CRD #: 2580) 
• Lincoln National Pension Insurance Company (CRD #: 10293) 
• E.F. Hutton & Company Inc. (CRD #: 235) 
• The Variable Annuity Marketing Company (CRD #: 5081) 

Kurta Law Can Help 

If you have worked with Kaye Miller 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.