Kirk Thode: Why Did Advisor Resign from Morgan Stanley?

Milwaukee, Wisconsin financial advisor Kirk Thode (CRD# 5138682) resigned from his former member firm in connection with alleged misconduct. Financial Industry Regulatory Authority records show that the former Morgan Stanley representative is currently registered as a broker and an investment advisor with LPL Financial.

Mr. Thode’s BrokerCheck report discloses his resignation from Morgan Stanley. Filed in June 2026, he voluntarily resigned in connection with allegations of outside investment activities. In the disclosure, the firm stated it was “not aware of any client complaints regarding the subject matter as of the time of this filing.”

For reference. FINRA Rule 3270 forbids advisors like Mr. Thode from engaging in unapproved outside business activities. “No registered person may be an employee, independent contractor, sole proprietor, officer, director or partner of another person, or be compensated, or have the reasonable expectation of compensation, from any other person as a result of any business activity outside the scope of the relationship with his or her member firm,” the rule states specifically, “unless he or she has provided prior written notice to the member, in such form as specified by the member.” Brokers who violate this rule may be subject to disciplinary action by their member firms or by securities industry regulators.

According to the Financial Industry Regulatory Authority, Kirk Thode holds 20 years of securities industry experience. Based in Milwaukee, Wisconsin, he has been registered as a broker and an investment advisor with LPL Financial LLC since June 2026. His registration history includes Morgan Stanley, Morgan Stanley & Company, and Morgan Stanley DW. His credentials include the passage of four securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Futures Managed Funds Examination, or Series 31; the General Securities Representative Examination, or Series 7; and the Uniform Combined State Law Examination, or Series 66. He holds 34 state licenses. (Information current as of July 21, 2026.)

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