Public records published by the Financial Industry Regulatory Authority (FINRA) on February 3, 2017 indicate that Massachusetts-based Cetera Advisors broker/adviser Patricia Graham has been the subject of a customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms. Graham (CRD# 1103322).
Patricia Graham has spent 33 years in the securities industry and has been registered with Cetera Advisors in Dennis, Massachusetts since October 2016. Previous registrations include Investors Capital Corporation in South Dennis, Massachusetts; InterSecurities in St. Petersburg, Florida; NYLife Securities in New York, New York; and PW Securities. She has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); Series 22 (Direct Participation Programs Representative Examination); Series 6 (Investment Company Products/Variable Contracts Representative Examination); and Series 24 (General Securities Principal Examination). She is a registered broker and investment adviser with four US states and territories: Florida, Maryland, Massachusetts and New Hampshire.
According to his BrokerCheck report, Patricia Graham has received one customer complaint.
In 2010 a customer alleged Patricia Graham, while employed at Investors Capital Corporation, recommended an unsuitable 1031 exchange. The complaint settled $320,804.
According to FINRA rules and federal securities law, investment professionals like Patricia Graham must abide by a standard called suitability, meaning they must recommend only investments that are suitable for their clients. Brokers must weigh such factors as the customer’s investment goals, experience, age, income, risk tolerance, and others. They may not misrepresent or omit material facts pertaining to an investment, as misrepresentations or omissions might lead a customer to invest unsuitably. Brokers who fail to recommend suitable investments may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has lost money investing with Patricia Graham, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: 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.