JOHN WILLIAM DONNELLY

JOHN WILLIAM DONNELLY is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 359 CENTRE STREET STE. 2, NUTLEY, NJ, 07110.

JOHN WILLIAM DONNELLY has worked at LPL FINANCIAL LLC since February 13, 2009

Disclosure History

JOHN WILLIAM DONNELLY has 1 Disclosure Event(s).

Date: April 27, 2009
Category: Customer Dispute
Allegations: BENEFICIARIES BELIEVE PURCHASE MADE PRIOR TO TRANSFERING THE ACCOUNT TO WS WAS UNSUITABLE AND ASK WHY NO ONE ADVISED THEIR MOTHER TO SELL BEFORE A LOSS WAS INCURRED IN 2008. CLAIM AMOUNT NOT SPECIFIED BUT BELIEVED TO EXCEED $5,000.
Broker Comment: ADVISED BENEFICIARY THAT POSITIONS WERE PURCHASED AT ANOTHER FIRM AND WHILE WITH WS WAS SUITABLE BASED ON THE DECEASED'S DESIRE FOR CONSERVATIVE INCOME. CLIENT WAS PLEASED WITH THE INCOME AND EVEN WANTED TO ADD FUNDS TO THE POSITION.

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 JOHN WILLIAM DONNELLY, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.