Kenneth Ulrich is the Subject of an Investor Dispute

Kenneth Ulrich (CRD #: 1017571), a broker registered with Lincoln Financial Advisors Corporation, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on April 26, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations

On February 27, 2024, an investor alleged that Kenneth Ulrich did not manage accounts in his best interest and violated his fiduciary duty. The dispute was denied, but investors should know that firms can deny disputes without any external review. Investors can still recover their losses following a denial.

Investors should know that two previous investor disputes collectively settled for approximately $255,000. 

Fiduciary Duties

Brokers are often dually registered as Registered Investment Advisers (RIAs) with the SEC. RIAs are fiduciaries, and fiduciaries are required to act in their clients’ best interests. Brokers are not fiduciaries but must abide by FINRA Rule 2111 and Regulation Best Interest. (To learn more about the differences between brokers and Registered Investment Advisers, click here.) 

Background Information 

Kenneth Ulrich has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination
• Series 22 Direct Participation Programs Representative Examination 
• Series 6 Investment Company Products/ Variable Contracts Representative Examination 
• Series 24 General Securities Principal Examination 

He is a registered broker in 21 states and is a registered investment adviser in New Jersey, New York, and Texas. 

During his 42 years of experience, Kenneth Ulrich has registered with four firms: 

• Lincoln Financial Advisors Corporation (CRD #: 3978) 
• SII Investments (CRD #: 2225) 
• FSC Securities Corporation (CRD #: 7461) 
• Cigna Securities (CRD #: 145) 

Kurta Law Can Help 

If you have worked with Kenneth Ulrich 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.