Michael Minter Allegedly Recommended Unsuitable Alternative Investments

Michael Minter (CRD #: 2989575), a broker registered with LifeMark Securities Corporation, allegedly gave unsuitable investment recommendations, according to his BrokerCheck record, accessed on July 5, 2025. If you want to know more about his alleged conduct as a broker, read on.

Investor Dispute

On April 28, 2025, an investor alleged that Michael Minter breached his contract, made unsuitable investment recommendations and misrepresentations, and engaged in negligent conduct in relation to alternative investments purchased in May and June 2020. This pending dispute seeks $300,000 in damages.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles, which describe characteristics such as their age, risk tolerance, tax status, and financial goals.

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

FINRA Rule 2020

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. Misrepresenting an investment’s features, limitations, or requirements violates this rule.

What is broker negligence?

Negligence covers a variety of broker misconduct, including unsuitable investment recommendations and misrepresentations of material fact.

Investors who believe their losses are the result of broker negligence may be able to recover their funds by pursuing FINRA arbitration. 

Florida Regulatory Action

On November 14, 2024, the Florida Office of Financial Regulation ordered Michael Minter to cease and desist, alleging that he provided investment advice without being registered with the state. The Office also fined him $32,000.

Background Information

Michael Minter has passed the following exams:

• Securities Industry Essentials Examination – SIE

• General Securities Representative Examination – Series 7

• Investment Company Products/Variable Contracts Representative Examination – Series 6

• Uniform Investment Adviser Law Examination – Series 65

• Uniform Securities Agent State Law Examination – Series 63

Michael Minter is a registered broker in nine states and a registered investment adviser in Florida, New York, and Texas.

He has also worked for Signator Investors (CRD#:468).

Kurta Law Can Help

If you worked with Michael Minter 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.