Nicole Turosky Allegedly Failed to Follow Investor’s Instructions

Nicole Turosky (CRD #: 5058944), a broker registered with Osaic Institutions, is involved in a pending investor dispute, according to her BrokerCheck record, accessed on May 7, 2025. Keep reading if you have questions about her alleged conduct as a broker.

Investor Dispute

On March 5, 2025, an investor filed a dispute alleging that Nicole Turosky failed to follow her instructions to place a trade on January 31, 2024, and moved the funds into Wells Fargo’s cash/bank sweep program without authorization. The client also alleged that this program was unsuitable for her.

This dispute is currently pending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile, which contains information about their age, tax status, risk tolerance, financial goals, and investing experience.

Besides individual investments, trading activity and investment strategies must also serve an investor’s goals. Excessive trading can rack up fees and commissions that eat into an investor’s profits, and strategies like overconcentration can expose an investor to an unsuitable degree of risk.

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

Background Information

Nicole Turosky 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 Securities Agent State Law Examination – Series 63
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Combined State Law Examination – Series 66

Nicole Turosky is a registered broker in 14 states and a registered investment adviser in Connecticut.

She has also worked for the following firms:

• Wells Fargo Clearing Services (CRD#:19616)
• Wells Fargo Advisors (CRD#:19616)
• Northwestern Mutual Investment Services (CRD#:2881)
• Green Well Financial (CRD#:185511)
• Linsco/Private Ledger Corporation (CRD#:6413)
• Ameriprise Financial Services (CRD#:6363)

Kurta Law Can Help

If you worked with Nicole Turosky 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.