Cooper Carden: Investor Complaint Against Kovack Advisor

Vestavia, Alabama financial advisor Cooper Carden (CRD# 6902893) has received multiple investor complaints alleging that his advice resulted in damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Northwestern Mutual Investment Services broker is currently registered as an investment advisor with Kovack Advisors.

Mr. Carden’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in April 2026, alleged that “the signature on the dividend option request form was not his and that he has never seen or reviewed the document.” The pending complaint alleges unspecified damages.

An earlier investor complaint, filed in March 2026, similarly alleged that “the signature on multiple application documents were not his and that he had never seen or reviewed documents,” and that Mr. Carden “misrepresented the purpose of applying for a variable insurance policy” while he was a representative of Northwestern Mutual Investment Services.

A third disclosure on his BrokerCheck report concerns his resignation from Northwestern Mutual Investment Services. Filed in March 2026, the disclosure states that he was “permitted to resign” while under review and “after admitting he signed customer signatures on three non-variable insurance applications.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Cooper Carden holds six years of securities industry experience. Based in Vestavia, Alabama, he has been registered as an investment advisor with Kovack Advisors since May 2026. He was previously registered with Northwestern Mutual Investment Services from 2019 until March 2026. His credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; the Uniform Securities Agent State Law Examination, or Series 63; the General Securities Representative Examination, or Series 7TO; and the Investment Company Products/Variable Contracts Representative Examination, or Series 6TO. He is licensed in Alabama. (Information current as of June 4, 2026.)

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