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Frank Parker of Cetera Advisor Networks LLC Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Frank Parker of Cetera Advisor Networks LLC?

Frank Parker (CRD #356563) who is currently registered with Cetera Advisor Networks LLC and located in Jacksonville, Florida, is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Cetera Advisor Networks LLC, Frank Parker was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Frank Parker Customer Complaints

Frank Parker has been the subject of 4 customer complaints that we know about. Three of the customer complaints were settled in favor of the investors. The other customer dispute was closed by Cetera Advisor Networks for some unpublished reason.

Allegations Against Frank Parker

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • The allegations were the registered representative invested in “extremely high risk individual stocks.”
  • Failure to act in a fiduciary manner.
  • Over-concentration in the unsuitable securities recommended by Frank Parker to generate excessive fees and commissions.
  • Unsuitable investment recommendations that paid excessive commissions and margin interest to the firm and broker.

Frank Parker Red Flags & Your Rights As An Investor

Of course, Frank Parker did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Frank Parker at Cetera Advisor Networks LLC on alert to review carefully the activity and performance of their accounts and question whether Frank Parker has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisor Networks LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Cetera Advisor Networks LLC Due To Frank Parker

If you have questions about Cetera Advisor Networks LLC and/or Frank Parker and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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