Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on March 9, 2017 indicate that Missouri-based Merrill Lynch broker/adviser Donald Porterfield has been the subject of resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Porterfield (CRD# 1700761).
Donald Porterfield has spent 25 years in the securities industry and has been registered with Merrill Lynch in Kansas City, New Jersey since 2013. Previous registrations include Morgan Stanley in Kansas City, Missouri; Citigroup Global Markets in Kansas City, Missouri; Merrill Lynch in New York, New York; George K. Baum & Company in Kansas City, Missouri; and Waddell & Reed. He has passed four securities industry examinations: Series 6 (Investment Company Products/Variable Contracts Representative Examination), Series 7 (General Securities Representative Examination), 65 (Uniform Investment Adviser Law Examination) and Series 63 (Uniform Securities Agent State Law Examination). He is a registered broker and investment adviser with 22 US states and territories.
According to his BrokerCheck report, Donald Porterfield has received one customer complaint and one pending customer complaint.
In 2014 a customer alleged Donald Porterfield, while employed at Morgan Stanley Smith Barney, executed excessive trades and made unsuitable investment recommendations involving mutual fund and equity listed products. The customer is seeking unspecified damages in the pending complaint.
In 1999 a customer alleged Donald Porterfield, while employed at Merrill Lynch, executed unauthorized trades. The complaint settled for $6,885.
If you have lost money investing with Donald Porterfield, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.