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Nicholas Hamilton Subject of a Six-Figure Dispute

Nicholas Hamilton (CRD #: 4900895), a broker registered with Purshe-Kaplan Sterling Investments, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on February 22, 2024. Keep reading if you have questions concerning his alleged conduct. 

Suitability Allegations

On December 22, 2023, an investor alleged that Nicholas Hamilton misrepresented their net worth in order to sell unsuitable investments. The investor is seeking $255,000. 

FINRA Rule 2111 – Unsuitable Investments 

Altering a client’s net worth in order to recommend riskier investments is a violation of securities rules and regulations. FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s net worth, age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. 

Background Information 

Nicholas Hamilton has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He is a registered broker in 16 states and D.C. He is a registered investment adviser in Colorado and Texas. 

During his 18 years of experience, he has registered with the following firms: 

  • Purshe Kaplan Sterling Investments (CRD #: 35747) 
  • Concurrent Investment Advisors (CRD #: 323135) 
  • Raymond James Financial Services Advisors (CRD #: 149018) 
  • Raymond James Financial Services (CRD #: 6694)
  • Morgan Stanley (CRD #: 149777) 
  • CitiGroup Global Markets (CRD #: 7059) 
  • Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 

Kurta Law Can Help 

If you have worked with Nicholas Hamilton and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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.

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