FRANK JAMES PARKER is currently employed as a Broker and/or Investment Adviser at CETERA ADVISOR NETWORKS LLC located at 6817 SOUTHPOINT PARKWAY STE 1301, JACKSONVILLE, FL, 32216.
FRANK JAMES PARKER has worked at CETERA ADVISOR NETWORKS LLC since April 14, 2015
FRANK JAMES PARKER has 4 Disclosure Event(s).
Date: April 25, 2014 Category: Financial Type: Bankruptcy Disposition: Discharged
Date: January 20, 2014 Category: Customer Dispute Allegations: CLIENT ALLEGES REGISTERED REPRESENTATIVE "DID NOT BEHAVE IN A RESPONSIBLE NOR FIDUCIARY MANNER". TIMEFRAME: 6/27/2012 TO 12/2/2013. Damage Amount Requested: $75,000.00 Settlement Amount: $8,375.32
Date: March 03, 2011 Category: Customer Dispute Allegations: CLIENT ALLEGES EXCESSIVE TRADING AND CLAIMS THAT TRANSACTIONS WERE NOT SUITABLE. TIME FRAME - 6/26/09 THROUGH 2/3/11 FOR STIFEL NICOLAUS AND 2005 THROUGH 2009 FOR JANNEY MONTGOMERY SCOTT. Damage Amount Requested: $400,000.00 Settlement Amount: $75,000.00 Broker Comment: STIFEL NICOLAUS PAID $37,500 TO THE CLIENT IN SETTLEMENT OF THE CLAIM. JANNEY MONTGOMERY ALSO PAID $37,500 TO THE CUSTOMER.
Date: March 02, 2010 Category: Customer Dispute Allegations: CLAIMANTS ALLEGE THAT THEIR REGISTERED REPRESENTATIVE RECOMMENDED UNSUITABLE INVESTMENTS AND THAT THEY PAID EXCESSIVE COMMISSIONS AND MARGIN INTEREST IN THEIR ACCOUNTS. Damage Amount Requested: $797,000.00 Settlement Amount: $160,800.00 Broker Comment: THE FIRM ELECTED TO SETTLE THIS MATTER FOR A SMALL PERCENTAGE OF THE ALLEGED DAMAGES IN ORDER TO AVOID THE COSTS AND UNCERTAINTY ASSOCIATED WITH PROTRACTED LITIGATION. PLEASE ALSO NOTE THAT IN JUNE OF 2010 FINRA CONDUCTED A PRELIMINARY INVESTIGATION SURROUNDING THE EVENTS ALLEGED IN THE STATEMENT OF CLAIM. ON APRIL 28, 2011, FINRA ISSUED A LETTER CLOSING THEIR INVESTIGATION WITH NO FURTHER ACTION AGAINST FRANK PARKER OR JANNEY MONTGOMERY SCOTT LLC.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for FRANK JAMES PARKER, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More