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LAWRENCE MASSEY JONES

LAWRENCE MASSEY JONES is currently employed as a Broker and/or Investment Adviser at INDEPENDENT FINANCIAL GROUP, LLC located at 600 S. Cherry Street #226, Denver, CO, 80246.

LAWRENCE MASSEY JONES has worked at INDEPENDENT FINANCIAL GROUP, LLC since June 12, 2017

Disclosure History

LAWRENCE MASSEY JONES has 4 Disclosure Event(s).

Date: May 26, 2017
Category: Employment Separation After Allegations
Firm Name: RAYMOND JAMES FINANCIAL SERVICES, INC.
Termination Type: Discharged
Allegations: FA was terminated after the Firm discovered that he was involved in an undisclosed OBA with a client.

Date: May 26, 2017
Category: Employment Separation After Allegations
Firm Name: RAYMOND JAMES FINANCIAL SERVICES, INC.
Termination Type: Discharged
Allegations: FA was terminated after the Firm discovered that he was involved in an undisclosed OBA with a client.

Date: April 19, 2012
Category: Customer Dispute
Allegations: CLIENT ALLEGES POOR RECOMMENDATIONS, POOR PERFORMANCE AND POOR SERVICE AS WELL AS FEES/COMMISSIONS.
Settlement Amount: $2,389.00
Broker Comment: AMOUNT OF CONTRIBUTION IS AMOUNT FINANCIAL ADVISOR IS REQUIRED TO PAY UNDER HIS FA AGREEMENT. THE TOTAL AMOUNT CONTRIBUTED MAY BE OFFSET BY ANY ERRORS & OMISSIONS INSURANCE IF COVERED"CUSTOMER, [CUSTOMER] OF DENVER, COLORADO, HAS CONFIRMED THAT HE NEVER REALIZED ANY MONETARY LOSSES DURING THE TIME HIS ACCOUNT WAS WITH RAYMOND JAMES. [CUSTOMER] TRANSFERRED $733,000 TO RAYMOND JAMES IN 2002, OVER A 10 YEAR PERIOD HE WITHDREW $450,000 FOR EXPENSES, AND WHEN MR. JONES CAUSED HIS ACCOUNT TO BE CLOSED IN MAY OF 2012 HIS INITIAL INVESTMENT HAD GROWN TO $815,000. [CUSTOMER] DOES NOT POSSESS THE EMOTIONAL STABILITY TO PROFIT FROM THE INVESTMENT PROCESS."

Date: September 18, 2003
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES SUITABILITY, FAILURE TO SUPERVISE, MISREPRESENTATIONS AND OMISSIONS, VIOLATIONS OF COLORADO CONSUMER PROTECTION ACT. INCIDENT DATES: 1/96 - 8/01.
Damage Amount Requested: $102,532.50
Settlement Amount: $25,000.00
Broker Comment: AMOUNT REFLECTED UNDER INDIVIDUAL CONTRIBUTION IS AMOUNT THE FA IS REQUIRED TO PAY PURSUANT TO CONTRACT SIGNED BY INDIVIDUAL. THIS AMOUNT MAY BE REDUCED BY ERRORS AND OMISSIONS INSURANCE PENDING A FINAL DETERMINATION BY THE E & O COMMITTE AS TO COVERAGE. THIS CASE WAS SETTLED FOR THE "COST OF DEFENSE" ALL CLAIMS BY CLIENT WERE FELT TO BE UNFOUNDED, AND SHE HAS AGREED TO COOPERAGE IN THE EXPUNGEMENT OF RECORDS REFLECTED ON CRD.

More Information

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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.

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