Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on December 25, 2016 indicate that Maryland-based Raymond James & Associates broker/adviser Craig Decker has received resolved or pending customer disputes. The experienced attorneys at Fitapelli Kurta are interested in hearing from investors who have complaints regarding Mr. Decker (CRD# 2697472).
Craig Decker has received nineteen years in the securities industry and has been registered with Raymond James & Associates in Baltimore and Annapolis, Maryland since November 2016. Previous registrations include RBC Capital Markets in Annapolis, Maryland; Tucker Anthony in Boston, Massachusetts; BT Alex Brown in Baltimore, Maryland; Alex Brown & Sons; and Menocal & Company. He is a registered broker and investment adviser with twenty US states and territories.
According to his BrokerCheck report, Craig Decker has received one customer complaint and one pending customer complaint.
In July 2016 a customer alleged Craig Decker, while employed at RBC Capital Markets, recommended an unsuitable investment portfolio, including mutual fund products, that resulted in excessive losses. The customer is seeking $182,624 in damages in the pending complaint.
In 2004 a customer alleged Craig Decker, while employed at RBC Dain Rauscher, made unsuitable investment recommendations. The complaint settled in 2005 for $22,000.
A mutual fund is a variety of investment that combines a collection of stocks, bonds, or other securities. The collection is referred to as a portfolio. Each share of a portfolio represents the investor’s ownership of the fund’s holdings and the income generated by these holdings. Mutual funds typically generate money for investors either by way of dividends on stocks and interests on bonds, or a capital gain on the sale of securities. Mutual funds also allow you to receive a check for the distributions or simply reinvest the earning into more shares. They are often inexpensive and easy to purchase; they also generally allocate risk well, and bring the benefit of professional management. However, they may also come with hidden fees, and trigger a capital gains tax when a fund manager sells a security. Brokers and investment advisers who engage in misconduct related to mutual fund investments may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you have complaints regarding Craig Decker, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.