Switch to ADA Accessible Theme
Close Menu
Free Consultation: 888-976-6111

Kurt Baldry: Suitability Complaints Against Ostego Financial Advisor

Ausdal Financial Partners financial advisor Kurt Baldry (CRD# 1568930) has received an investor complaint alleging damages of nearly $1 million. Financial Industry Regulatory Authority records show that he is a broker and investment advisor based in Ostego, Minnesota. 

Mr. Baldry’s BrokerCheck report lists several recent investor complaints. The most recent was filed in March 2022, alleging that as a representative of Ausdal Financial Partners, he recommended unsuitable limited partnership investments, was negligent in his supervisory obligations, and breached his fiduciary duty. Public records show that the complaint requests damages of $980,000.

An earlier investor complaint was filed in December 2020. It alleged that as an Ausdal Financial Partners representative, he made “improper investment recommendations,” failed to perform adequate due diligence regarding investments in real estate securities and other products, and recommended unsuitable securities. In April 2022 the complaint reached a settlement of $45,000.

According to the Financial Industry Regulatory Authority, Kurt Baldry holds 35 years of securities industry experience. Based in Ostego, Minnesota, he has been a broker and investment advisor with Ausdal Financial Partners since 2011. His past registrations include Workman Securities Corporation (Maple Plain, Minnesota; 2006-2011), ING Financial Partners (Eden Prairie, Minnesota; 2004-2006), Locust Street Securities (Des Moines, Iowa; 2001-2004), New England Securities (New York, New York; 1989-2001), and AAL Distributors (Minneapolis, Minnesota; 1987-1989). He has passed six securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Direct Participation Programs Representative Examination, or Series 22; the Corporate Securities Limited Representative Examination, or Series 62; 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 Alaska, Arizona, California, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Nevada, North Dakota, Oregon, Texas, Washington, and Wyoming. (Information current as of June 7, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Larry Stringer, Hendersonville Advisor, Lands Suitability Complaint

    Multiple investor complaints against Capital Investment Group’s Larry Stringer (CRD# 1996822) allege misconduct relating to real estate investments. Records provided...

    Read More
  • AG Saab: GWG L Bond Allegations against The Fig Group

    Dallas, Texas financial advisor AG Saab (CRD# 408501) is involved in an investor complaint concerning purchases of GWG L bonds....

    Read More
  • Why Did MS Howells Fire Tucson Advisor Justin Limmer?

    Ashton Thomas Private Wealth advisor Justin Limmer (CRD# 3179262) was recently terminated by MS Howells & Company in connection with...

    Read More
  • Paul Meyer: Did RBC Advisor Make Unauthorized Trades?

    Paul Meyer (CRD# 3062534), an advisor based in Minnetonka, recently received investor complaints alleging he engaged in misconduct that resulted...

    Read More
  • Previous
  • Next