MERCER HICKS

MERCER HICKS is currently employed as a Broker and/or Investment Adviser at SOUTHEAST INVESTMENTS, N.C., INC. located at 820 TYVOLA ROAD, SUITE 104, CHARLOTTE, NC, 28217.

MERCER HICKS has worked at SOUTHEAST INVESTMENTS, N.C., INC. since April 25, 2014

Disclosure History

MERCER HICKS has 8 Disclosure Event(s).

Date: August 22, 2017
Category: Judgment / Lien
Judgment/Lien Amount: $10,921.27
Judgment/Lien Type: Tax
Broker Comment: IRS deferred collection action

Date: August 22, 2017
Category: Judgment / Lien
Judgment/Lien Amount: $1,300.99
Judgment/Lien Type: Tax
Broker Comment: IRS deferred collection action

Date: August 26, 2014
Category: Judgment / Lien
Judgment/Lien Amount: $6,267.21
Judgment/Lien Type: Civil
Broker Comment: I have disputed faulty repair plumbing job in June, 2013.

Date: April 11, 2014
Category: Employment Separation After Allegations
Firm Name: CAPITAL INVESTMENT GROUP, INC.
Termination Type: Discharged
Allegations: MISREPRESENTING HIMSELF AS A CLIENT IN DEALING WITH AN INSURANCE COMPANY. VIOLATION OF FIRM POLICY AND INDUSTRY STANDARDS.
Broker Comment: CLIENT COLOZZI, UPSET WITH LOSSES AND INVESTMENT RESTRICTIONS IN PRUDENTIAL ACCOUNT, TOLD ME TO LIQUIDATE PRUDENTIAL ACCOUNT AND TRANSFER TO ANOTHER ACCOUNT. NO CUSTOMER COMPLAINT. CLIENT WAS WRITTEN NOTARIZED LETTER INDICATING THAT I ACTED ON HIS ORDERS.

Date: January 21, 2010
Category: Judgment / Lien
Judgment/Lien Amount: $2,991.00
Judgment/Lien Type: Tax
Broker Comment: IRS AUDIT -TAX PAYER REPRESENTATIVE IS SARAH SPAINHOWER WITH OMNI FINANCIAL.

Date: April 01, 2009
Category: Employment Separation After Allegations
Firm Name: CANTELLA AND CO., INC.
Termination Type: Permitted to Resign
Allegations: MR. HICKS SUBMITTED CLIENT SIGNED VARIABLE ANNUITY CONTRACTS TO THE HOME OFFICE FOR APPROVAL. THE CONTRACTS WERE FOR A HUSBAND AND WIFE - [CUSTOMERS]. DURING THE PRINCIPAL REVIEW PROCESS CANTELLA FOUND THAT THE APPLICATIONS CONTAINED SOME INCORRECT FEES. WE ASKED MR. HICKS TO INPUT THE CORRECTED FEES AND THEN HAVE THE CLIENTS INITIAL EACH CHANGE, THEREBY CONFIRMING THEIR UNDERSTANDING OF THE PROPER FEES. UPON RECEIPT OF THE INITIALED FORMS AND A SUBSEQUENT PHONE CALL TO THE CLIENTS IT WAS DETERMINED THAT MR. HICKS, NOT THE CLIENTS, HAD INITIALED THE FORMS. THIS WAS THEN RECONFIRMED DURING A PHONE CALL WITH MR. HICKS. HE EXPLAINED THAT THE CLIENTS WERE GOING OUT OF TOWN AND RATHER THAN WAIT FOR THEIR RETURN HE CALLED THEM, EXPLAINED THE CHANGES AND RECEIVED VERBAL AUTHORIZATION TO INITIAL THE CHANGES. THE CLIENTS HAVE SINCE SIGNED NEW PAPERWORK WITH THE PROPER FEES AND SIGNED A LETTER CONFIRMING THAT THE CHANGES TO THE FEES WERE FULLY EXPLAINED AND THAT THEY HAD GIVEN MR. HICKS THE AUTHORIZATION TO INITIAL ON THEIR BEHALF. WHILE CANTELLA DOES NOT CONDONE MR. HICKS' BEHAVIOR WE DO NOT FEEL THAT IT WAS DONE IN A MALICIOUS MANNER OR WITH ANY INTENT TO HARM THE CLIENTS; RATHER, HE SHOWED POOR JUDGEMENT.
Broker Comment: I CALLED CLIENTS (SCOTT), ASKED FOR THEIR INITIALS ON CORRECTED FORMS. MRS. SCOTT ASKED ME TO INITIAL AS THEY WERE LEAVING TOWN. I WRONGLY APPLIED THEIR INITIALS.

Date: June 01, 2008
Category: Judgment / Lien
Judgment/Lien Amount: $43,106.24
Judgment/Lien Type: Tax
Broker Comment: HAVE BEEN IN DISPUTE WITH IRS REGARDING BUSINESS DEDUCTIONS DISALLOWED. I AM REPRESENTED BY OMNI FINANCIAL IN DENVER, CO (SARAH SPAINHOWER, 800-540-0433 EXT 1235.) I AM CURRENTLY MAKING MONTHLY PAYMENTS OF $346.35.

Date: March 11, 1997
Category: Employment Separation After Allegations
Firm Name: ROBERT THOMAS SECURITIES, INC
Termination Type: Discharged
Allegations: N/ANOT FOLLOWING FIRM POLICY. NO DAMAGE TOCUSTOMER AND NO CUSTOMER CORRESPONDENCE RELATED TO THIS ISSUE.IT WAS NOT A CUSTOMER COMPLAINT.
Broker Comment: MY TERMINATION BY ROBERT THOMAS WAS THE RESULT.I DID NOT FOLLOW FIRM PROCEDURE WHEN PROCESSING ALOA AND VIOLATED ONE OF MY FIRM'S MANY COMPLIANCE POLICIESWHICH RESULTED IN MY DISCHARGE.

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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