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Kyle Kim Terminated by LPL Financial

Kyle Kim (CRD #: 2446395), a broker registered with The Leaders Group, was terminated by LPL Financial. This disclosure appears on his BrokerCheck record, accessed on July 12, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations 

On May 21, 2024, LPL Financial fired Kyle Kim following allegations that he participated in outside business activities without notice to and approval from the firm. 

He has the following outside businesses listed on his detailed BrokerCheck record

  • Real Estate – Buying land and property for renovation and rental 
  • Fixed Business – Insurance agent, Procure life insurance/ health insurance sales 
  • TLG Advisors 

FINRA Rule 3270 – Outside Business and Selling Away

FINRA Rule 3270 requires brokers to inform their firm of any outside business activities or any investments sold away from the firm. The brokerage firm may prohibit the activity if the firm believes the proposed activity may compromise the broker’s duties. Firms may also require brokers to seek approval of any outside business.

Background Information 

Kyle Kim has passed the following exams: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • 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

He is a registered investment adviser and broker in Virginia. He is a registered broker in California and Florida. 

During his 27 years of experience, Kyle Kim has registered with eight firms:

  • The Private Client Advisory Group (CRD #: 311221) 
  • LPL Financial (CRD #: 6413)
  • TLG Advisors (CRD #: 111052) 
  • Invest Financial Corporation (CRD #: 12984) 
  • H. Beck (CRD #: 1763) 
  • CitiCorp Investment Services (CRD #: 23988) 
  • Dean Witter Reynolds (CRD #: 7556) 

Kurta Law Can Help 

If you have worked with Kyle Kim 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.