MARK DAVID GILBERT is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 525 OKEECHOBEE BLVD, SUITE 1500, WEST PALM BEACH, FL, 33401.
MARK DAVID GILBERT has worked at UBS FINANCIAL SERVICES INC. since August 29, 2017
MARK DAVID GILBERT has 2 Disclosure Event(s).
Date: February 23, 2001 Category: Customer Dispute Allegations: AFTER INCURRING LOSSES IN HIS MANAGED ACCOUNT, CLIENT ALLEGED THAT MR. GILBERT, WHO HELD DISCRETION PURSUANT TO AN AN ADVISORY AGREEMENT, FAILED TO FOLLOW INSTRUCTIONS HE HAD ALLEGEDLY BEEN GIVEN NOT TO BEGIN INVESTING THEACCOUNT UNTIL SPECIFICALLY INSTRUCTED TO DO SO. Damage Amount Requested: $9,120.00 Broker Comment: NON-REPORTABLE. FILED MORE THAN 24 MONTHS AGO AND DID NOT RESULT IN A SETTLEMENT OF $10,000 OR MORE.
Date: April 06, 1990 Category: Customer Dispute Allegations: ACTUAL DAMAGES CLAIMED OF $895,000 Damage Amount Requested: $895,000.00 Damages Granted: $40,000.00 Broker Comment: AWARD ENTERED AGAINST MR. GILBERT FOR $40,000.[CUSTOMER] CLAIMED THAT WHILE MR. GILBERT WASAT DREXEL BURNHAM LAMBERT & SMITH BARNEY, HE CHURNED HERACCOUNT AND RECOMMENDED UNSUITABLE "JUNK BOND" INVESTMENTS.[CUSTOMER] CLAIMED ACTUAL DAMAGES OF $895,000. MR GILBERTDENIED ALL CLAIMS OF WRONGDOING. AFTER HEARING IN MAY, JULY ANDAUGUST OF 1991 THE PANEL ENTERED AN AWARD AGAINST MR. GILBERTIN THE AMOUNT OF $40,000. BY AGREEMENT BETWEEN THE PARTIES,THIS AMOUNT WILL BE PAID IN FULL BY DECEMBER 16,1991.
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 MARK DAVID GILBERT, 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If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.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