Thomas Edward Vermeulen (CRD #1511473) Has Customer Dispute Disclosures on FINRA BrokerCheck

Thomas Edward Vermeulen (CRD #1511473) is a broker with customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 12, 2026. It reflects two customer disputes. He is currently registered with LPL Financial LLC. If you invested with Thomas Vermeulen and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Thomas Vermeulen’s FINRA BrokerCheck Report reflects two customer dispute disclosures. Summaries of the disputes are below:

On January 21, 2026, a customer alleged Thomas Vermeulen misrepresented the liquidity of a closed-end interval fund. The customer sought $5,525.66 in damages. Thomas Vermeulen FINRA BrokerCheck records show the complaint was denied on February 19, 2026. His statement says the client received verbal and written disclosures about limited quarterly repurchases, and he and LPL Financial LLC denied the allegations.

On April 26, 2011, a customer alleged a liquidation and withdrawal instruction was processed twice, which led to lost market opportunity while assets were not invested. The customer sought $13,500, and Thomas Vermeulen’s FINRA BrokerCheck Report shows the matter settled on June 17, 2011, for $13,190.40. His statement says an outside money manager processed the withdrawal twice, and he and the firm covered the cost of correction as a courtesy to the customer.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 (Suitability) requires a reasonable basis for a recommendation. Complaints about liquidity and product fit can raise questions about whether the investment matched the customer’s needs, time horizon, and risk tolerance.

Rule Summary #2: FINRA Rule 2090 (Know Your Customer)

FINRA Rule 2090 (Know Your Customer) requires reasonable diligence to know the essential facts about each customer. When a dispute centers on liquidity needs or account handling, this rule can be relevant to how the account was serviced and documented.

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 Vermeulen:

Is currently registered with LPL Financial LLC.

Thomas Vermeulen has passed Series 7, Series 22, Series 6, Series 65, and Series 63.

He was previously registered with firms that include Questar Capital Corporation, Banc One Securities Corporation, and Prim Securities, Incorporated.

Kurta Law Can Help

If you have worked with Thomas Vermeulen 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 | Securities Attorney

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.