Investor Seeks $1 Million in Dispute with Terry Dean

Terry Dean (CRD #: 2813069), a broker registered with UBS Financial Services, is the subject of an investor dispute, according to his BrokerCheck record, accessed on March 11, 2025. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Dispute

On December 27, 2024, an investor filed a dispute alleging that Terry Dean negligently accepted a power of attorney and executed instructions by the client’s daughter that resulted in the improper withdrawal of funds from the client’s accounts.

The investor further alleges that Terry Dean altered the characteristics of their portfolio, including by executing large transactions, in ways that were not in the client’s best interest.

The investor seeks $1 million in this pending dispute.

FINRA Rule 3241

FINRA Rule 3241 prohibits brokers from holding a power of attorney for a client except in select circumstances, such as immediate family members.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

What is broker negligence?

Brokers may act in many negligent ways. Common examples include misrepresentations or omissions of fact, unsuitable investment recommendations, and excessive or unauthorized trading.

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

Background Information

Terry Dean has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66
• Uniform Securities Agent State Law Examination – Series 63

Terry Dean is a registered broker in 41 states as well as the District of Columbia and the Virgin Islands. He is also a registered investment adviser in Florida and Texas.

He has also worked for A. G. Edwards & Sons (CRD#:4).

Kurta Law Can Help

If you worked with Terry Dean 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.