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
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.
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 PHILLIP ERWIN MULTOP, 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