Articles Tagged with IBN Financial Services

David StewartPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on May 28, 2018 indicate that former Pennsylvania-based IBN Financial Services broker/adviser David Stewart was terminated 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 speaking to investors who have complaints regarding Mr. Stewart (CRD# 1058937).

David Stewart has spent 34 years in the securities industry and was most recently registered with IBN Financial Services in Erie, Pennsylvania (2017-2018). Previous registrations include Fortune Financial Services in Erie, Pennsylvania (2013-2017); Keystone Capital Corporation in Cardiff, California (2013); Trustmont Financial Group in Erie, Pennsylvania (2007-2013); WRP Investments in Erie, Pennsylvania (2006-2007); Fortune Financial Services in Erie, Pennsylvania (2006); Financial Network Investment Corporation in Erie, Pennsylvania (2005-2006); Blue Vase Securities in Erie, Pennsylvania (2004-2005); WRP Investments in Youngstown, Ohio (2004); Locust Street Securities in Des Moines, Iowa (1999-2000); 1717 Capital Management Company in Newark, Delaware (1998-1999); Tower Square Securities in El Segundo, California (1998); 1717 Capital Management Company in Newark, Delaware (1997-1998); and Pruco Securities Corporation in Newark, Delaware (1983-1997). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 2, 1986, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on July 16, 1983. He is currently not registered with any state or firm.

According to his BrokerCheck report, David Stewart was discharged from his former employer in connection to alleged rule violations and has received one denied customer complaint.

IBN Financial Services Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 19, 2017 indicate that New York-based brokerage and advisory firm IBN Financial Services was recently sanctioned by FINRA in connection to alleged rule violations. Fitapelli Kurta is interested in hearing from investors who have complaints regarding IBN Financial Services (CRD# 42360).

Established in New York in 1995, IBN Financial Services is headquartered in Liverpool, New York and registered with 41 US states and territories. Richard Carleso Jr. is Chief Executive Officer and Chief Financial Officer; Christopher Avery is President; Timothy Evans is Chief Compliance Officer. The firm is registered with the Securities and Exchange Commission and FINRA.

According to the firm’s BrokerCheck report, IBN Financial Services has received three regulatory sanctions.