Investors Allege Timothy Connor Recommended Unsuitable Investments

Timothy Connor (CRD #: 2222028), a broker registered with LPL Financial, allegedly made unsuitable investment recommendations, according to his BrokerCheck record, accessed on May 31, 2023. Read on if you have questions about his alleged conduct as a broker.

Pending Dispute

On March 17, 2023, multiple investors filed a dispute alleging that Timothy Connor gave unsuitable investment recommendations between January 2018 and June 2021. This dispute is currently pending.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must consult the investor’s profile, which contains information about their age, tax status, and risk tolerance.

Investors who rely on brokers for investment recommendations can pursue FINRA arbitration and potentially recover their losses.

Background Information

Timothy Connor has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• Series 99TO – Operations Professional Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

Timothy Connor is a registered broker in 13 states and a registered investment adviser in California and Texas.

He has also worked for the following firms:

• Cetera Investment Advisers (CRD#:105644)
• First Allied Securities (CRD#:32444)
• First Allied Advisory Services (CRD#:137888)
• Transamerica Financial Advisors (CRD#:3600)
• Transamerica Capital (CRD#:8217)     
• Wells Fargo Securities (CRD#:17438)
• Equico Securities (CRD#:6627)
• The Equitable Life Assurance Society of the United States (CRD#:4039)

Kurta Law Can Help

If you worked with Timothy Connor 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.