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
Disclosure History
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.
More Information
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 THOMAS SCOTT PRESSEY, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.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 Removal
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.