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Investor Alleges Ryan Hall Made Unsuitable Investment Recommendations

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
July 7, 2023 at 12:59pm

Ryan Hall (CRD #: 5077163), a broker registered with LPL Financial, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on June 27, 2023. Investors may have also engaged his services through Celtic Wealth Management Group. Read on if you want to know more about his alleged conduct as a broker.

Investor Dispute

On April 10, 2023, an investor alleged that Ryan Hall made unsuitable recommendations of risky and illiquid investments from late 2017 through 2018. The client seeks $800,000 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. These profiles describe certain investor characteristics, including the following:

  • Age
  • Financial goals
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

Background Information

Ryan Hall has passed the following exams:

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

Ryan Hall is a registered broker in California, Florida, Maine, Michigan, and North Carolina.

He has also worked for the following firms:

  • Centaurus Financial (CRD#:30833)
  • MML Investors Services (CRD#:10409)
  • Wachovia Securities (CRD#:19616)
  • A. G. Edwards & Sons (CRD#:4)

Kurta Law Can Help

If you worked with Ryan Hall 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. 

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