Our firm is investigating Hornor, Townsend & Kent, LLC financial advisor and registered representative Carl Anthony DeMarco Jr. (CRD# 2671924) of Tinton Falls, New Jersey for potential investment-related misconduct.
Financial Advisor’s Career History
Based on the BrokerCheck report, Carl Anthony DeMarco Jr. has been registered in the securities industry since October 1995 and has worked at the following firms:
- HORNOR, TOWNSEND & KENT, LLC (CRD# 4031) — Registered 01/2002–Present (branch listed: Tinton Falls, NJ; main office shown: Conshohocken, PA).
- 1717 Capital Management Company (CRD# 4082) — 01/1999–01/2002 (Newark, DE).
- EQ Financial Consultants, Inc. (CRD# 6627) — 10/1995–01/1999 (New York, NY).
- The Equitable Life Assurance Society of the United States (CRD# 4039) — 10/1995–01/1999 (New York, NY).
The report also reflects a professional designation of Chartered Financial Consultant (ChFC).
Carl Anthony DeMarco Jr. Fraud Allegations and Investor Complaints Explained
BrokerCheck reflects two customer disputes disclosed for Carl Anthony DeMarco Jr.
Disclosure snapshot (for context):
- Customer Dispute (Written Complaint) — Variable Annuity / Taxability Misrepresentation
- Date received: 02/22/2012
- Alleged damages: $27,546.00
- Status/Disposition: Settled (status date 04/09/2012); settlement amount $27,546.00; individual contribution $0.00
- Customer Dispute (Written Complaint) — Trade-Execution Timing / “Confirmed Sale Prior to Actual Sale”
- Date received: 05/02/2025
- Product: Equity Listed (Common & Preferred Stock)
- Alleged damages: $144,167.45
- Status/Disposition: Pending
2012 Customer Dispute (Settled): Variable Annuity – Alleged Misrepresentation About Tax Consequences
According to the disclosure, the customer alleged that the representative advised she could take a partial withdrawal from a variable annuity and that it “would not be taxable.” The customer later learned the withdrawal was taxable and requested relief to cover the tax impact.
- Product: Variable Annuity
- Alleged damages: $27,546.00
- Complaint received: 02/22/2012
- Resolution: Settled (status date 04/09/2012) with a $27,546.00 settlement; $0 listed as individual contribution.
2025 Customer Dispute (Pending): Listed Equity – Alleged Misrepresentation About Timing of Sales
A separate disclosure reflects a pending written complaint in which the customer alleges that the financial professional confirmed the sale of certain positions prior to the actual sale of those positions.
- Product: Equity Listed (Common & Preferred Stock)
- Alleged damages: $144,167.45
- Complaint received: 05/02/2025
- Status: Pending
To obtain a copy of Carl Anthony DeMarco Jr.’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2232 (Customer Confirmations) is designed to ensure customers receive accurate transaction confirmations. In a dispute alleging that a financial professional confirmed sales prior to the actual execution, the rule context matters because confirmations and transaction reporting should not misstate the timing or terms of a trade in a way that could mislead the customer about what occurred and when.
FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) is a broad ethical rule requiring brokers to observe high standards of commercial honor and just and equitable principles of trade. Allegations involving misstatements—such as statements about whether a variable annuity withdrawal would be taxable, or statements implying a trade occurred when it had not—are commonly evaluated through the lens of FINRA Rule 2010 because investors are entitled to truthful, non-misleading dealings.
FINRA Rule 3110 (Supervision) requires firms to establish and maintain a supervisory system reasonably designed to achieve compliance with applicable securities laws and FINRA rules. Complaints involving potentially inaccurate confirmations, communications about trade timing, or questionable representations about product features can raise supervision issues—particularly around oversight of client communications, trade processing practices, and documentation controls intended to prevent and detect customer harm.
Losing your savings to a dishonest broker or advisor can be devastating, but you do not have to face it alone. Robert Wayne Pearce and his team have spent over four decades helping investors who were misled or defrauded by Wall Street firms. The Law Offices of Robert Wayne Pearce, P.A. takes cases nationwide on a contingency fee basis. You pay nothing unless we recover your losses. Call (800) 732-2889 or email pearce@rwpearce.com today for a free and confidential consultation.
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