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Robert Urban Resigns from Ameriprise Financial Services

Aug 19, 2022 Employment

Robert Urban (CRD #: 2561504), a broker registered with Cetera Advisor Networks, resigned from his previous firm, according to his BrokerCheck record, accessed on August 1, 2022. If you want to know more about Robert Urban’s conduct as a broker, read on.

Resignation from Ameriprise Financial Services

On May 31, 2022, Robert Urban resigned from Ameriprise Financial Services following allegations related to trade authorization.

FINRA Rule 3260

FINRA Rule 3260 limits brokers to exercising trading discretion in pre-approved discretionary accounts. These accounts must be authorized for discretionary trading by the client and firm before this trading can occur.

Resignation from Morgan Stanley Wealth Management

On February 28, 2018, Robert Urban resigned from Morgan Stanley Wealth Management following allegations involving the accuracy and promptness of his disclosures to the firm concerning his involvement in a real estate transaction with a client.

FINRA Rule 3270

FINRA Rule 3270 requires brokers to disclose to their firms any outside business they partake in. Brokers must disclose their role in the transaction and any compensation they expect to receive, and wait for firm approval before engaging in the business activity.

Background Information

Robert Urban has passed the following exams:

  • Series 65 – Uniform Investment Adviser 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 10 – General Securities Sales Supervisor – General Module Examination
  • Series 9 – General Securities Sales Supervisor – Options Module Examination

Robert Urban is a registered broker in 11 states.

He has also worked for the following firms:

  • Ameriprise Financial Services (CRD#:6363)
  • LPL Financial (CRD#:6413)
  • EK Riley Investments (CRD#:121003)
  • Morgan Stanley Smith Barney (CRD#:149777)
  • Morgan Stanley & Company (CRD#:8209)
  • Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691)

Kurta Law Can Help

If you worked with Robert Urban 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 and 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.