Multiple investor complaints against Capital Investment Group’s Larry Stringer (CRD# 1996822) allege misconduct relating to real estate investments. Records provided...Read More
Rob Urban: Why Did Ex-Morgan Stanley Advisor Resign?
Westhampton Beach, New York financial advisor Rob Urban (CRD# 2561504) recently resigned from Ameriprise Financial Services following allegations of misconduct. Financial Industry Regulatory Authority records show that the Cetera Advisor Networks representative previously resigned from a former member firm over alleged misconduct as well.
Mr. Urban’s BrokerCheck report discloses both his resignations from prior member firms. In May 2022 he resigned from Ameriprise following allegations “related to trade authorization,” according to the disclosures. And in February 2018 he resigned from Morgan Stanley Wealth Management following “[a]llegations regarding timeliness and accuracy of registered representative’s disclosures of his involvement in a real estate transaction with a client.”
A third disclosure on Mr. Urban’s BrokerCheck report concerns an investor complaint against him. Filed in 2004, the complaint alleged that as a representative of Merrill Lynch, he did not inform the customer of the risk of market fluctuation associated with investments in four closed-end mutual funds. The complaint reached a settlement of $24,000.
According to the Financial Industry Regulatory Authority, Rob Urban holds 25 years of securities industry experience. Based in Westhampton Beach, New York, he has been a broker with Cetera Advisor Networks since May 2022. His past registrations include Ameriprise Financial Services (Westhampton Beach, New York; 2020-2022), LPL Financial (Westhampton Beach, New York; 2020), EK Riley Investments (Westhampton Beach, New York; 2018-2020), Morgan Stanley (Riverhead, New York; 2009-2018), Morgan Stanley & Company (Riverhead, New York; 2008-2009), and Merrill Lynch (Riverhead, New York; 1997-2008). His credentials include the passage of seven securities industry qualifying exams: the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor – General Module Examination, or Series 10; 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 is licensed in Arizona, California, Connecticut, Florida, Mississippi, Nevada, New Jersey, New York, Pennsylvania, Texas, and Utah. (Information current as of September 26, 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.