Phil CHARLES Poston is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 1152 15TH ST NW, WASHINGTON, DC, 20005.
Phil CHARLES Poston has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since September 26, 1978
Disclosure History
Phil CHARLES Poston has 1 Disclosure Event(s).
Date: August 07, 1995 Category: Customer Dispute Allegations: ALLEGES UNAUTHORIZED TRADING AND UNSUITABLEINVESTMENT RECOMMENDATIONS Settlement Amount: $19,500.00 Broker Comment: MATTER SETTLED FOR $19,500 IN ORDER TO AVOIDEXPENSE OF FURTHER LITIGATIONTHE ALLEGATIONS WERE REVIEWED BY MERRILL LYNCHAND FOUND TO BE WITHOUT MERIT. REVIEW SHOWS NO WRONGDOING ONPART OF FINANCIAL CONSULTANT WHO HAS A 24 YEAR UNBLEMISHEDRECORD. CUSTOMER ACCOUNTS WERE PROFITABLE BUT INCEPTION TODATE GAINS WERE IMPACTED ADVERSELY BY 1994 INTEREST RATEENVIRONMENT. THE FINANCIAL CONSULTANT WAS NOT ASKED TOCONTRIBUTE.
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