Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on March 23, 2017 indicate that former California-based National Planning Corporation broker/adviser Kurt Filipovich has been the subject of a customer dispute and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Filopovich (CRD# 4063741).
Kurt Filipovich has spent fifteen years in the securities industry and was most recently registered with National Planning Corporation in Carlsbad, California (2010-2016). Previous registrations include AXA Advisors in Carlsbad, California; Mony Securities in New York, New York; and Trusted Securities Advisors in New York, New York. He has passed two securities industry examinations: Series 66 (Uniform Combined State Law Examination) and Series 7 (General Securities Representative Examination). He is currently not registered with any state or firm.
According to his BrokerCheck report, Kurt Filipovich has received one customer complaint.
In 2013 a customer alleged Kurt Filipovich, while employed at AXA Advisors, breached his fiduciary duty, engaged in fraud and deceit, misrepresented material facts, violated the Corporations Code, aided and abetted misconduct, acted negligently, and participated in unfair business practices. The complaint settled for $350,000.
According to FINRA rules and federal securities law, brokers and investment advisers like Kurt Filipovich are beholden to a strict fiduciary duty that requires them to operate only in their clients’ best interests. For example, they may only recommend what are called suitable investments: those that take into account the client’s objectives, investment experience, net worth, and risk tolerance. Brokers and firms who fail to uphold their fiduciary duty may be subject to disciplinary action from FINRA or the Securities and Exchange Commission.
If you have complaints regarding Kurt Filipovich, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on a contingency basis: Fitapelli Kurta only receives payment if and when you recover money. You may have a limited window by law to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.