Tally Lykins Named in Allegations of Elder Abuse

Tally Lykins (CRD #: 2439455), a broker registered with Money Concepts Capital Corporation, is named in a pending dispute, according to her BrokerCheck record, accessed on September 2, 2025. Investors may have also engaged his services through Money Concepts Advisory Service. If you have questions about her alleged conduct as a broker, read on.

Investor Dispute

On August 4, 2025, representatives of a deceased client’s estate filed a dispute naming Tally Lykins in allegations of breach of contract, negligence and negligent misrepresentation, elder abuse, and violation of state and federal securities laws in connection with investments purchased by the client.

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.

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 potential risks, returns, or features violates this rule.

FINRA Rule 2165

FINRA Rule 2165 prohibits the financial exploitation of elderly clients and clients with certain mental or physical impairments.

What is broker negligence?

Broker misconduct can take on many forms. Common examples include misrepresentation or omission of material fact, unsuitable investment recommendations, and unauthorized trading.

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

Background Information

Tally Lykins has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Securities Agent State Law Examination – Series 63

Tally Lykins is a registered broker and a registered investment adviser in Indiana.

She has also worked for the following firms:

• Grove Point Investments (CRD#:1763)
• Woodbury Financial Services (CRD#:421)
• JCD Investments (CRD#:111620)
• AXA Advisors (CRD#:6627) 
• The Equitable Life Assurance Society of the United States (CRD#:4039) 

Kurta Law Can Help

If you worked with Tally Lykins 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.