Troy Talamelli Involved in Suitability Dispute

Troy Talamelli (CRD #: 3088305), a broker registered with First Citizens Investor Services, is involved in a pending investor dispute, according to his BrokerCheck record, accessed on June 28, 2023. If you want to know more about his alleged conduct as a broker, read on.

Investor Dispute

On May 4, 2023, an investor filed a dispute naming Troy Talamelli in allegations involving an unsuitable investment recommendation made in 2022 and its capital gains and tax consequences. 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 examine the information in an investor’s profile, such as their risk tolerance, tax status, and other investments.

Investors who rely on brokers for recommendations may be able to recover their losses by pursuing FINRA arbitration.

Background Information

Troy Talamelli has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 31 – Futures Managed Funds Examination
• Series 7 – General Securities Representative Examination
• Series 24 – General Securities Principal Examination

Troy Talamelli is a registered broker in all 50 states as well as the District of Columbia, Puerto Rico, and the Virgin Islands. He is also a registered investment adviser in North Carolina.

He has also worked for the following firms:

• LPL Financial (CRD#:6413)
• Allianz Global Investors Distributors (CRD#:25567)
• AXA Advisors (CRD#:6627)
• ING Investment Management Company (CRD#:106494)
• ING Investments Distributor (CRD#:37886)
• Legg Mason Investor Services (CRD#:109064)
• Citigroup Global Markets (CRD#:7059)
• American Skandia Marketing (CRD#:21570)
• Dean Witter Reynolds (CRD#:7556)

Kurta Law Can Help

If you worked with Troy Talamelli 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.