Published on:

Robert Alvarez Was Terminated From a Former Employer Following Alleged Rule Violations

Robert Alvarez

Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 20, 2018 indicate that Louisiana-based International Assets Advisory broker/adviser Robert Alvarez was discharged from a former employer in connection to alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Alvarez (CRD# 2242198).

Robert Alvarez has spent 16 years in the securities industry and has been registered with International Assets Advisory in Metairie, Louisiana since 2014. Previous registrations include LPL Financial in Metairie, Louisiana (2013); Ameriprise Financial Services in Metairie, Louisiana (2000-2013); and IDS Life Insurance Company in Minneapolis, Minnesota (2000-2006). He has passed two securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on June 4, 2002, and Series 7 (General Securities Representative Examination), which he obtained on July 13, 2000. He is a registered broker and investment adviser with 11 US states: California, Delaware, Florida, Georgia, Louisiana, Mississippi, New Jersey, New York, Ohio, Pennsylvania, and Texas.

According to his BrokerCheck report, he has received three customer complaints that were closed or denied, was discharged from a former employer in connection to alleged rule violations, and resigned from another former employer in connection to alleged rule violations.

In February 2018 a customer alleged Robert Alvarez, while employed at International Assets Advisory, executed unauthorized trades in connection to mutual funds and exchange-traded funds. The customer sought unspecified damages in the complaint, which was denied.

In 2013 he was terminated from his position at LPL Financial in connection to allegation she did not disclose to the firm’s compliance department that he was under suspension at his previous broker-dealer.

In 2013 he was “permitted to resign” from his position at Ameriprise Financial Services in connection to allegations he violated company policy related to a “client signature issues and failure to comply with suspension requirements.”

In 2011 a customer alleged Robert Alvarez, while employed at Ameriprise Financial Services, made unauthorized transactions. The customer sought $17,000 in damages in the complaint, which was denied.

In 2006 a customer’s trustee alleged he, while employed at Ameriprise Financial Services, charged inappropriate fees which were never fully explained. The customer sought $9,750 in damages in the complaint, which was closed with no action taken.

If you or someone you know has lost money investing with Robert Alvarez, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.