JACK ROBERT THACKER is currently employed as a Broker and/or Investment Adviser at CENTER STREET SECURITIES, INC. located at 2740 OLD ELM HILL PIKE, STE 201, NASHVILLE, TN, 37214.
JACK ROBERT THACKER has worked at CENTER STREET SECURITIES, INC. since December 03, 2007
JACK ROBERT THACKER has 1 Disclosure Event(s).
Date: November 22, 2011 Category: Customer Dispute Allegations: 12/11 CLIENT LETTER SAID SHE WAS CONCERNED ABOUT THE ILIQUIDTY OF HER REIT INVESTMENTS PURCHASED 2007. SHE REQUESTED COPIES OF ORIGINAL DOCUMENTS AND THAT FIRM NOT CONTACT HER BY PHONE; ONLY MAIL. DOCUMENTS WERE SENT TO HER SOON AFTER WITH A COVER LETTER AND REDEMPTION FORMS. SHE DID NOT MAKE ANY FURTHER REQUESTS TO FIRM. DIED 5/2012. Broker Comment: FIRM DID NOT DISCLOSE MATTER SOONER BECAUSE IT DID NOT REALIZE THAT IT MET THE THRESHOLD OF COMPLAINT REPORTING BECAUSE CLIENT MADE NO SPECIFIC ACTION REQUEST OTHER THAN COPIES OF HER PAPERWORK AND FIRM DETERMINED THAT CLIENT PURCHASED PRODUCTS AFTER SEVERAL APPOINTMENTS SOME OF WHICH HER ADULT CHILDREN (HEIRS) ATTENDED AND DID NOT OBJECT. OTHER INFORMATION: SHE ATTENDED FIXED ANNUITY SEMINAR AND MET A SALESPERSON. HE DRAFTED A LETTER FOR HER TO SIGN REGARDING LIQUIDITY CONCERNS. AT THE SAME TIME HE TRANSFERRED $100,000 OF HER LIQUID ASSETS INTO A NEW FIXED ANNUITY WITH A 16 YEAR SURRENDER CHARGE STARTING AT 20% A YEAR. SHE DIED LESS THAN SIX MONTHS AFTER TRANSFER. WHEN THE FIRM FIRST RESPONDED TO HER WITH THE REQUESTED DOCUMENTS, IT ALSO SENT HER REDEMPTION PAPERWORK TO REQUEST THE REDEMPTION OF HER SHARES BY SPONSORING REIT COMPANIES. CLIENT NEVER RESPONDED TO FIRM NOR SENT IN THE REDEMPTION FORMS TO REIT COMPANIES. SHE DIED 5/12.
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 JACK ROBERT THACKER, 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