Richard Fulton Received a Regulatory Sanction

Richard Fulton

Public records published by the Financial Industry Regulatory Authority (FINRA) on February 20, 2017 indicate that Florida-based International Assets Advisory broker/adviser Richard Fulton has received several customer complaints. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Fulton (CRD# 1029575).

Richard Fulton has spent 34 years in the securities industry and has been registered with International Assets Advisory in Orlando, Florida since September 2016. Previous registrations include Morgan Stanley in Palm Beach Gardens, Florida; Wells Fargo Advisors in Palm Beach Gardens, Florida; Prudential Securities in New York, New York; Smith Barney Harris Upham & Company in New York, New York; Kemper Securities in St. Louis, Missouri; Prescott Ball & Turben; Gulfstream Financial Associates; Palm Beach Financial; Vandeman & Fulton Securities; and First Jersey Securities. He is a registered broker and investment adviser with twenty US states and territories.

According to his BrokerCheck report, he has been the subject of one regulatory sanction and four customer complaints.

In October 2016 a customer alleged Richard Fulton, while employed at Morgan Stanley, executed excessive trades in a managed account from January 2015 through May 2016. The complaint settled for $18,822

In 2015 a customer alleged Richard Fulton, while employed at Morgan Stanley, misrepresented mutual fund investments. The complaint settled for $40,000.

In 1995 a customer alleged Richard Fulton, while employed at Prudential Securities, committed forgery, and made excessive transactions involving life insurance products, and misrepresented material facts. The complaint settled for $20,000.

In 1987 a customer alleged he, while employed at First Jersey Securities, made an unsuitable investment recommendation. The complaint resulted in an award to the customer of more than $20,300.

If you or someone you know has lost money investing with Richard Fulton, 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.