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Matthew Winthrop Fired by Equitable Advisors

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
November 7, 2025 at 2:33am

Matthew Winthrop (CRD #: 2445102), a broker registered with Aegis Capital Corp, was fired by Equitable Advisors. This disclosure appears on his BrokerCheck record, accessed on November 6, 2025. Keep reading if you have questions regarding his alleged conduct.

Employment Separation After Allegations

On September 15, 2025, Equitable Advisors fired Matthew Winthrop following allegations that he engaged in excessive trading in client brokerage accounts.

Excessive Trading 

FINRA Rule 2111 requires that an investment strategy fit an investor’s financial goals. Brokers with control over a customer’s account must have a reasonable basis to believe that the transactions they recommend are not excessive before executing them. Excessive transactions run the risk of incurring too many fees and negating any returns.

Background Information

Matthew Winthrop 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 31 Futures Managed Funds Examination 
  • Series 7 General Securities Representative Examination  
  • Series 24 General Securities Representative Examination 

He is a registered investment adviser and broker in Connecticut. He is a registered broker in five states.

Matthew Winthrop has registered with eight firms. These are the five most recent.

  • Aegis Capital Corp (CRD #: 15007)
  • Equitable Advisors (CRD #: 6627)
  • RBC Capital Markets (CRD #: 31194)
  • Oppenheimer & Co. (CRD #: 249)
  • H& Block Financial Advisors (CRD #: 5979)

Kurta Law Can Help

If you worked with Matthew Winthrop 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. 

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