Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 6, 2017 indicate that Louisiana-based Capital Financial Services broker/adviser Michael Olinde was terminated from a former employer in connection to alleged rule violations and is involved in a pending FINRA investigation. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Olinde (CRD# 3063204).
Michael Olinde has spent 19 years in the securities industry and has been registered with Capital Financial Services in Baton Rouge, Louisiana since July 2017. Previous registrations include LPL Financial in Baton Rouge, Louisiana (2009-2017); Mutual Services Corporation in Baton Rouge, Louisiana (2008-2009); AIG Financial Advisors in Baton Rouge, Louisiana (2008); American General Securities Incorporated in Baton Rouge, Louisiana (2002-2008); and Franklin Financial Services Corporation in Houston, Texas (1998-2002). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 16, 2007; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on June 25, 1998; and Series 26 (Investment Company Products/Variable Contracts Principal Examination), which he obtained on May 7, 2001. He is a registered broker and investment adviser with eleven US states and territories: Alabama, California, Florida, Kansas, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, Texas and Virginia.
According to his BrokerCheck report, he has been named in an ongoing FINRA investigation and was recently discharged from a former employer in connection to alleged rule violations.