HOWARD JOHN SAXAUER is currently employed as a Broker and/or Investment Adviser at KMS FINANCIAL SERVICES, INC. located at 87 Chambers Court, Coupeville, WA, 98239.
HOWARD JOHN SAXAUER has worked at KMS FINANCIAL SERVICES, INC. since May 19, 2004
Disclosure History
HOWARD JOHN SAXAUER has 3 Disclosure Event(s).
Date: September 01, 2011 Category: Financial Type: Compromise Disposition: Satisfied/Released
Date: January 20, 2006 Category: Customer Dispute Allegations: THE CUSTOMERS ALLEGE MATERIAL MISREPRESENTATIONS & OMISSIONS IN CONNECTION WITH A RECOMMENDATION TO PURCHASE A VARIABLE ANNUITY IN MARCH 2000. IN ADDITION THE CUSTOMERS ALLEGE NEGLIGENCE, LACK OF SUITABILITY, BREACH OF FUDUCIARY DUTY, BREACH OF CONTRACT, ANNUITY SWITCHING, UNJUST ENRICHMENT AND VIOLATION OF WASHINGTON CONSUMER PROTECTION ACT. Damage Amount Requested: $220,000.00 Settlement Amount: $73,333.33 Broker Comment: THE RR'S PREVIOUS BROKER/DEALER LINSCO/PRIVATE LEDGER CORP. (LPL) NAD THE REGISTERED REPRESENTATIVE SETTLED THE MATTER WITH THE CLIENTS [CUSTOMERS]. NEITHER LPL NOR MR. SAXAUER PROVIDED ANY ADDITIONAL DETAIL TO THE AMENDMENT TO MR. SAXAUER'S U5.
Date: May 14, 2004 Category: Employment Separation After Allegations Firm Name: LINSCO/PRIVATE LEDGER Termination Type: Discharged Allegations: MR. HOWARD SAXAUER WAS DISCHARGED DUE TO HIS PLACING A SEMINAR ADVERTISEMENT IN A PUBLICATION THAT REFLECTED HIS AFFILIATION WITH ANOTHER BROKER-DEALER. Broker Comment: I WAS IN THE PROCESS OF MOVING TO KMS FROM LPL AND THE MAILING WENT OUT INADVERTANTLY WITH THE NEW BROKER DEALER NAME ON IT.
More Information
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 HOWARD JOHN SAXAUER, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
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 Removal
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.