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Alex Deseelhorst Resigned from Merrill Lynch over Alleged Misconduct
Meridian, Idaho financial advisor Alex Deseelhorst (CRD# 6190098) recently resigned from a former employer following allegations of misconduct. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with LPL Financial, doing business as Steelhorse Wealth Management.
Mr. Deseelhorst’s BrokerCheck report discloses his May 2022 resignation from Merrill Lynch. According to the disclosure, he submitted his voluntary resignation in connection with allegations of “Conduct involving altering client documents.” The disclosure provides no additional detail regarding the alleged conduct leading to the resignation.
For reference, FINRA Rule 2010 requires that persons associated with FINRA “observe high standards of commercial honor and just and equitable principles of trade.” Many forms of unethical activities constitute violations of FINRA Rule 2010, provided the activities occur “in the conduct of [the member’s] business.” More information on the rule is available via FINRA.
According to the Financial Industry Regulatory Authority, Alex Deseelhorst holds eight years of securities industry experience. Based in Meridian, Idaho, he has been a broker and an investment advisor with LPL Financial since May 2022, doing business as Steelhorse Wealth Management. His past registrations include Merrill Lynch (Carlsbad, California; 2015-2022) and Fidelity Brokerage Services (Salt Lake City, Utah; 2013-2014). His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in California and Idaho. (Information current as of September 26, 2022.)
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