DANIEL RICHARD GARVIN

DANIEL RICHARD GARVIN is currently employed as a Broker and/or Investment Adviser at TAYLOR CAPITAL MANAGEMENT INC. located at 280 Heritage Walk, Woodstock, GA, 30189.

DANIEL RICHARD GARVIN has worked at TAYLOR CAPITAL MANAGEMENT INC. since May 12, 2016

Disclosure History

DANIEL RICHARD GARVIN has 2 Disclosure Event(s).

Date: October 25, 2013
Category: Financial
Type: Bankruptcy
Disposition: Discharged

Date: December 01, 2011
Category: Customer Dispute
Allegations: THE CUSTOMERS ALLEGE THAT I MADE UNSUITABLE INVESTMENT RECOMMENDATIONS AND OVERLY CONCENTRATED THE CUSTOMERS' ACCOUNTS IN ILLIQUID, NON-PUBLICLY TRADED REITS AND DIRECT INVESTMENTS.
Damage Amount Requested: $50,000.00 Damages Granted: $40,000.00
Broker Comment: NEXT SETTLED THE ARBITRATION WITH THE CLIENTS AS OF 06/03/13, AND THE ARBITRATION FOUND IN FAVOR OF THE CLIENT - THE CLIENTS' PRIMARY GOAL WAS FOR INCOME AND THEY DID NOT WANT THE VOLATILITY OF THE STOCK MARKET. INTEREST RATES WERE LOW AT THE TIME AND THE DISTRIBUTIONS FROM THE REITS PROVIDED THEM WITH THE DESIRED INCOME. AT THE TIME THE LACK OF LIQUIDITY WAS NOT A CONCERN TO THEM AS LONG AS THEY RECIEVED THE DISTRIBUTIONS WHICH THEY USED FOR INCOME AS NEEDED.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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