THOMAS SCOTT PRESSEY is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 352 12th Street, Suite 12, Plainwell, MI, 49080.
THOMAS SCOTT PRESSEY has worked at LPL FINANCIAL LLC since June 01, 2015
THOMAS SCOTT PRESSEY has 2 Disclosure Event(s).
Date: September 21, 2005 Category: Customer Dispute Allegations: THE CLIENT ALLEGED THE FIRM DID NOT KNOW HER INVESTMENT OBJECTIVES AND THEREFORE PLACED HER "QUALIFIED MONEY" IN ANNUITIES IN JUNE AND JULY OF 1999. Damage Amount Requested: $5,207.00 Broker Comment: THE ORIGINAL FUNDING FOR THE ANNUITIES WERE FROM A TAX QUALIFIED ACCOUNT THEREFORE THE FUNDS WERE DEPOSITED TO AN IRA ACCOUNT SO THE CLIENT WOULD NOT PAY TAX PENALTIES FOR AN EARLY WITHDRAWAL. ADDITIONALLY, THE FIRM FOUND THE INVESTMENTS WERE SUITABLE BASED ON HER INVESTMENT GOALS AND OBJECTIVES.
Date: March 29, 2004 Category: Customer Dispute Allegations: THE CLIENT ALLEGED I DID NOT INVEST HIS FUNDS IN NOVEMBER 2003 AS DIRECTED AND AS A RESULT INCURRED GREATER LOSSES. Damage Amount Requested: $5,000.00 Broker Comment: THE FIRM FOUND THAT THERE WERE NO DELAYS IN INVESTING THE CLIENTS ASSETS. THE CLIENT AGREED TO HAVE ME CREATE AN ASSET ALLOCATION AND NOT INVEST THE ASSETS UNTIL HE WAS ABLE TO REVIEW MY RECOMMENDATION. WE SUBSEQUENTLY MET, REVIEWED MY RECOMMENDATIONS AND THE CLIENT AUTHORIZED ME IN JANUARY 2004 TO INVEST HIS ASSETS AS ILLUSTRATED.
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