Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 21, 2017 indicate that North Carolina-based UBS Financial Services broker/adviser Gerald Hanifan has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hanifan (CRD# 2286666).
Gerald Hanifan has spent 24 years in the securities industry and has been registered with UBS Financial Services in Blowing Rock, North Carolina since 2006. Previous registrations include The Investment Center in Morehead City, North Carolina (1998-2006) and 1717 Capital Management in Newark, Delaware (1993-1998). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on January 2, 2003; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 6, 1993; Series 7 (General Securities Representative Examination), which he obtained on February 7, 1995; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on December 24, 1992. He is a registered broker and investment adviser with 12 US states: Alabama, Connecticut, Florida, Illinois, Iowa, Missouri, New Jersey, New York, North Carolina, Ohio, South Carolina, and Tennessee.
According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and two customer complaints that were closed.
In 2015 a customer alleged Gerald Hanifan, while employed at The Investment Center and USA Financial Securities Corporation, recommended an unsuitable insurance product and executed excessive trades. The complaint settled in May 2017 for $500,000.
In 2009 a customer alleged Gerald Hanifan, while employed at USA Financial Securities Corporation, churned her annuity policy. The customer sought $310,000 in damages in the complaint, which was closed with no action taken.
In 2007 a customer alleged Gerald Hanifan, while employed at USA Financial Securities Corporation, placed her in an unsuitable annuity. The customer sought $17,000 in damages in the complaint, which was closed with no action taken.
In November 2017 a customer alleged he, while employed at USA Financial Securities Corporation, breached his fiduciary duty and recommended unsuitable investments in real estate investment trusts and two Allianz Fixed Indexed Annuity products. The customer is seeking unspecified damages in the pending complaint.
If you have lost money investing with Gerald Hanifan, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. 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.