Ken Maring: Great Basin Advisor Lands Misrepresentation Complaint

San Diego financial advisor Ken Maring (CRD# 1500005) recently received an investor complaint alleging that his conduct resulted in damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Morgan Stanley broker is currently registered with Concurrent Investment Advisers, doing business as Great Basin Asset Management.

Mr. Maring’s BrokerCheck report discloses one investor complaint. Filed in June 2024, it alleges that as a representative of Morgan Stanley, he made misrepresentations regarding the customer’s retirement savings between January 2017 and January 2024. The pending complaint alleges unspecified damages.

Great Basin Asset Management’s website includes a profile of Mr. Maring that describes his background and experience as the firm’s founder. “Over the years, Ken’s practice has developed to serve a variety of clients in the design and implementation of financial plans customized to each client’s unique circumstances,” it explains. “Ken’s approach to wealth management is more than just managing investments; it is providing comprehensive support and service to assist clients in navigating the complexities of managing their assets and planning for generational wealth.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Ken Maring holds 37 years of securities industry experience. Based in San Diego, California, he has been registered with Concurrent Wealth Advisors since April 2024, doing business as Great Basin Asset Management. His past registrations include Morgan Stanley, Morgan Stanley & Company, Salomon Smith Barney, Dean Witter Reynolds, Shearson Lehman Hutton, Private Securities Network, and Merrill Lynch. His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the National Commodity Futures Examination, or Series 3; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in California and Nevada. (Information current as of June 22, 2024.)

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