GREGORY GROVER DELONG is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 1535 EAST PRIMROSE STREET, SPRINGFIELD, MO, 65804.
GREGORY GROVER DELONG has worked at MORGAN STANLEY since March 07, 2014
GREGORY GROVER DELONG has 1 Disclosure Event(s).
Date: March 26, 2003 Category: Customer Dispute Allegations: CLIENT CLAIMS SHE WAS IN CONTACT WITH THE IR ON MORE THAN ONE OCCASION ASKING ABOUT THE DECLINE IN VALUE OF HER ACCOUNT AND WAS ADVISED TO MAKE NO CHANGES. CLIENT CLAIMS AS HER ACCOUNT VALUE CONTINUED TO DROP SHE INSTRUCTED THE IR TO LIQUIDATE HER FUNDS AND SEND HER THE PROCEEDS AND MOVE HER ANNUITY FUNDS INTO THE FIXED ACCOUNT. CLIENT CLAIMS SHE BELIEVES SHE SHOULD HAVE HAD HER INVESTMENTS CHANGED TO HELP AVOID SOME OF THE DECLINE IN VALUE AND BELIEVES SHE SHOULD HAVE HAD A HIGHER PERCENTAGE OF HER ACCOUNT IN BOND FUNDS FOR SAFETY. CLIENT ALSO CLAIMS THE IR WAS VERY UNPROFESSIONAL WHEN SHE REQUESTED HER INVESTMENTS BE CHANGED. CLAIM EXCEEDS $5,000 Damage Amount Requested: $5,000.00 Broker Comment: THE INITIAL PURCHASES IN THE ACCOUNT (IN 1991) CONSISTED OF MUTUAL FUNDS. AT THE TIME OF THE PURCHASES, THE CLIENT RECEIVED TRADE CONFIRMATIONS AS WELL AS THE APPROPRIATE PROSPECTUSES. IN ADDITION, CLIENT WOULD HAVE BEEN RECEIVING STATEMENTS THAT PROVIDE INFORMATION REGARDING THE INVESTMENTS HELD IN THE ACCOUNT AS WELL AS REFLECTING ACCOUNT ACTIVITY. ACCORDING TO THE IR, HE HAD BEEN IN CONTACT WITH CLIENT ON A REGULAR BASIS REGARDING THE PERFORMANCE OF CLIENT'S ACCOUNT AND CHANGES HAD BEEN MADE TO THE PORTFOLIO. IR ALSO STATED THAT HE DISCUSSED MOVING THE CLIENT'S FUNDS TO MONEY MARKET FUNDS AND THAT THE CLIENT COULD HAVE A CHECK ISSUED UPON THE CLIENT'S INSTRUCTIONS. CLAIM DENIED.
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 GREGORY GROVER DELONG, 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