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Ameriprise Advisor Mark Lott Under Investigation by Everspire
Mark Lott (CRD# 5015817), a broker and financial advisor in Sandy, Utah, resigned from his former broker-dealer firm amidst allegations of policy violations. Financial Industry Regulatory Authority records show that he is now a representative of Ameriprise Financial Services.
According to a disclosure on his BrokerCheck report, Mark Lott was “permitted to resign” from Everspire in April 2022. The disclosure states that he resigned “under firm investigation.” It goes on to state that he was “found to have engaged in false & misleading conduct by facilitating the conduct of business and provision of advice to clients by an unregistered person (w/disciplinary history) in his place.” He also allegedly made “false & misleading statements” in firm records and failed to give customers accurate disclosures. The disclosure states that an internal investigation was still in progress to determine “whether other violations of SEC rules or Everspire policy & procedure have occurred.”
According to the Financial Industry Regulatory Authority, Mark Lott holds eight years of securities industry experience. He has been affiliated with Ameriprise Financial Services in Sandy, Utah as a broker and a financial advisor since April 2022. His past registrations include Everspire (Midvale, Utah; 2019-2022), MHL Investments (Midvale, Utah; 2019-2022), Wells Fargo Clearing Services (Salt Lake City, Utah; 2018-2019), E*Trade Securities (Sandy, Utah; 2017), Girard Securities (Salt Lake City, Utah; 2014-2016), First Command Financial Planning (Las Vegas, Nevada; 2013-2014), and WFG Investments (Henderson, Nevada; 2012-2013). His credentials include the passage of three securities industry qualifying exams: the Uniform Combined State Law Examination, or Series 66; the Securities Industry Essentials Examination, or SIE; and the General Securities Representative Examination, or Series 7. He is licensed as a broker and/or investment advisor in Alaska, Arizona, California, Idaho, New Jersey, North Carolina, Oregon, Pennsylvania, Texas, Utah, Washington, and Wyoming. (Information current as of May 16, 2022.)
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