Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 16, 2018 indicate that former Missouri-based Royal Alliance Associates broker/adviser Erven Frericks Jr., who has received a pending customer dispute, was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Frericks (CRD# 706056).
Erven Frericks has spent 38 years in the securities industry and was most recently registered with Royal Alliance Associates in Chesterfield, Missouri (1997-2019). Previous registrations include Walnut Street Securities in El Segundo, California (1990-1997); American Capital Equities (1987-1990); FFP Securities (1985-1987); First Affiliated Securities (1980-1986); and FSC Securities Corporation (1980). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 28, 1980; Series 7 (General Securities Representative Examination), which he obtained on March 15, 1980; and Series 24 (General Securities Principal Examination), which he obtained on February 20, 1986. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one pending customer complaint and was discharged from a former employer in connection to alleged rule violations.
In May 2018 he was discharged from his position at Royal Alliance Associates in connection to allegations he asked a customer to sign a form designating him as a 50% beneficiary on an annuity contract.
In May 2018 a customer alleged Erven Frericks, while employed at Royal Alliance Associates, asked her to sign a form naming him as a 50% beneficiary on her annuity contract. The customer is seeking $54,976 in damages in the pending complaint.
If you or someone you know has a complaint regarding Erven Frericks, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect 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.