Thomas Patrick Curran (CRD #1852454) Has Customer Dispute Disclosures on FINRA BrokerCheck

Thomas Patrick Curran (CRD #1852454) is a broker with customer disputes on FINRA BrokerCheck. We reviewed his BrokerCheck report on February 5, 2026. It reflects 3 customer disputes. If you invested with Thomas Curran and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Thomas Curran’s FINRA BrokerCheck report reflects 3 customer dispute disclosures. A summary of two disputes is below.

On December 24, 2025, customers alleged Thomas Curran incorrectly sold positions in separate accounts instead of processing an in-kind transfer. The customers sought $213,614.15 in damages. The product type was listed as Equity listed (common and preferred stock). The matter was settled on January 5, 2026 for $213,614.15.

On October 3, 2018, a customer alleged Thomas Curran made mistakes on beneficiary designations. The customer sought $400,000.00 in damages. FINRA BrokerCheck lists the product type as No product listed. The dispute was settled on May 2, 2019 for $14,000.00. Ameriprise chose to settle to avoid litigation costs.

FINRA BrokerCheck lists 1 additional customer dispute in this category.

Rule Summary #1: FINRA Rule 2090 (Know Your Customer)

FINRA Rule 2090 requires firms to use reasonable diligence to know and retain essential facts about each customer and the authority of anyone acting for the customer. Disputes about account handling often raise questions about whether the customer’s instructions and account facts were captured correctly.

Rule Summary #2: FINRA Rule 4512 (Customer Account Information)

FINRA Rule 4512 sets requirements for maintaining customer account information. Customer disputes about beneficiary designations can involve questions about what was recorded and confirmed on account forms.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on His FINRA BrokerCheck report, Thomas Patrick Curran:

Is currently registered with Ameriprise Financial Services, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Thomas Patrick Curran has passed Series 7 and Series 6. He has also passed Series 63 and Series 26.

Was previously registered with firms that include Ameriprise Financial Services, Inc.; Equity Services, Inc.; Park Avenue Securities LLC; MetLife Securities Inc.; and Metropolitan Life Insurance Company.

Kurta Law Can Help

If you have worked with Thomas Patrick Curran and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Unsuitable Investments | What Can A Securities Lawyer Do For Me?

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.