Investors Allege Mark Woodward Recommended an Unsuitable Investment

Mark Woodward (CRD #: 4064469), a broker registered with Kestra Investment Services, allegedly made an unsuitable investment recommendation, according to his BrokerCheck record, accessed on October 31, 2024. Investors may have also worked with him through Kestra Advisory Services. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On August 21, 2024, multiple investors filed a dispute alleging that Mark Woodward gave an unsuitable investment recommendation. This dispute is pending.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. These profiles describe an investor’s financial goals, investing experience, and other information.

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

Background Information

Mark Woodward has passed the following exams:

• Series 66 – Uniform Combined State 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

Mark Woodward is a registered broker in 15 states and the District of Columbia. He is also a registered investment adviser in Florida, Texas, and Virginia.

He has also worked for the following firms:

• NFP Advisor Services (CRD#:42046)
• Ameriprise Financial Services (CRD#:6363)
• IDS Life Insurance Company (CRD#:6321)
• MetLife Securities (CRD#:14251)
• Metropolitan Life Insurance Company (CRD#:4095)

Kurta Law Can Help

If you worked with Mark Woodward 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 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.