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Norman Killop: Morgan Stanley Denies Complaint Against Advisor
Bloomfield Hills, Michigan financial advisor Norman Killop (CRD# 2079787) allegedly mis-managed a customer’s account, according to a denied investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Morgan Stanley, whose website notes that he is a member of The Cranbrook Group.
Mr. Killop’s BrokerCheck report discloses several investor complaints. The most recent, filed in November 2023, alleged that as a Morgan Stanley representative, he did not manage an account in the customer’s best interests. The complaint alleged unspecified damages and was denied by the firm.
An earlier investor complaint, filed in 2008, alleged that as a Citigroup Global Markets representative, he misrepresented material facts. The complaint alleged unspecified damages and was denied.
A third investor complaint, filed in 1996, alleged that he “assured” the customer that “various investments in risky securities… were safe.” The complaint reached a settlement of $22,892.41.
As Morgan Stanley’s website notes, Mr. Killop is a member of The Cranbrook Group. “The Cranbrook Group can help you define and strive to meet your goals by delivering a vast array of resources to you in the way that is most appropriate for how you invest and what you want to achieve,” the practice’s website explains. “Working together we can help you to preserve and grow your wealth. You’ll have access to some of the world’s most seasoned and respected investment professionals, a premier trading and execution platform, and a full spectrum of investment choices. It is our mission to ensure that you reach true financial freedom, not just for yourself, but for generations to come.”
According to the Financial Industry Regulatory Authority, Norman Killop holds 32 years of securities industry experience. Based in Bloomfield Hills, Michigan, he has been a broker and an investment advisor with Morgan Stanley since 2009. His past registrations include Citigroup Global Markets (Bloomfield Hills, Michigan; 2003-2009), Prudential Securities (New York, New York; 1994-2003), Painewebber (Weehawken, New Jersey; 1991-1994), and Merrill Lynch (New York, New York; 1990-1991). His credentials include the passage of eight securities industry qualifying exams: the General Securities Sales Supervisor Examination (Options Module & General Module), or Series 8; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Representative Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; 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 holds 34 state licenses. (Information current as of November 13, 2023.)
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.