Laura Shrawder-Miles is the Subject of a Suitability Dispute

Laura Shrawder-Miles (CRD #: 2384721), a broker registered with Kovack Securities, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on June 11, 2024. Investors may have engaged her services through Riverfront Financial Services. 

Investor Allegations 

On May 2, 2024, an investor alleged that Laura Shrawder-Miles recommended an unsuitable investment in light of the customer’s investment objectives and risk tolerance. 

Investors should know that there are four other investor disputes on her record. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

• Age
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status
• Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Laura Shrawder-Miles 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 7 General Securities Representative Examination
• Series 6 Investment Company Products/ Variable Contracts Representative Examination 

She is a registered broker in Florida and is a registered broker and investment adviser in Pennsylvania. 

During her 29 years of experience, Laura Shrawder-Miles has registered with twelve firms. These are the six most recent: 

• Kovack Securities (CRD #: 44848) 
• Kovack Advisors (CRD #: 140808) 
• LPL Financial (CRD #: 6413) 
• Private Advisor Group (CRD #: 155216) 
• Primevest Financial Services (CRD #: 15340) 
• Invest Financial Corporation (CRD #: 12984) 

Kurta Law Can Help 

If you have worked with Laura Shrawder-Miles 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.