PHILLIP ERWIN MULTOP is currently employed as a Broker and/or Investment Adviser at CETERA ADVISORS LLC located at 2210 RIMLAND DR STE 101, BELLINGHAM, WA, 98226.
PHILLIP ERWIN MULTOP has worked at CETERA ADVISORS LLC since February 28, 2012
Disclosure History
PHILLIP ERWIN MULTOP has 2 Disclosure Event(s).
Date: March 23, 2015 Category: Customer Dispute Allegations: VIOLATION OF SECURITIES LAW AND NEGLIGENCE. Damage Amount Requested: $230,000.00 Settlement Amount: $47,500.00 Broker Comment: The Registered Representative strenuously denies all allegations asserted. The Registered Representative truthfully disclosed all material facts to the client and fully explained all associated investment risks. The investments recommended were suitable and satisfied the client's stated investment objectives. The matter was resolved by settlement solely to avoid the time and expense of litigation. There was no admission or any finding of any wrongdoing by the Registered Representative
Date: June 27, 2013 Category: Customer Dispute Allegations: CLIENT ALLEGES REPRESENTATIVE VIOLATED STATE FINANCIAL CONSUMER PROTECTION LAWS BY PLACING THE CLIENT IN UNSUITABLE INVESTMENTS. Damage Amount Requested: $115,000.00 Settlement Amount: $57,500.00 Broker Comment: THE REGISTERED REPRESENTATIVE STRENUOUSLY DENIES ALL ALLEGATIONS ASSERTED. THE REGISTERED REPRESENTATIVE TRUTHFULLY DISCLOSED ALL MATERIAL FACTS TO THE CLIENT AND FULLY EXPLAINED ALL ASSOCIATED INVESTMENT RISKS. THE INVESTMENTS RECOMMENDED AND MADE ON BEHALF OF THE CLIENT WERE NOT ONLY SUITABLE AND SATISFIED THE CLIENT'S STATED INVESTMENT OBJECTIVES, BUT ALSO EARNED THE CLIENT A NET PROFIT. THE MATTER WAS RESOLVED BY SETTLEMENT SOLELY TO AVOID THE TIME AND EXPENSE OF LITIGATION. THERE WAS NO ADMISSION OR ANY FINDING OF ANY WRONGDOING BY THE REGISTERED REPRESENTATIVE.
More Information
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