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Kent Edward Bowman with Royal Alliance Associates, Inc. Has 7 Customer Complaints for Alleged Broker Misconduct

Who is Kent E. Bowman with Royal Alliance Associates, Inc.?

Kent Bowman (CRD #1244354) who is currently registered with Royal Alliance Associates, Inc. and located in Farmington Hills, Michigan is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to Royal Alliance Associates, Inc., Kent Bowman was associated with 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Royal Alliance Associates, Inc. Broker Misconduct

In his career, Kent Bowman has been the subject of 7 customer complaints that we know about, 1 of those complaints were filed in the last year to recover investment losses.

One of Kent Bowman’s 7 customer complaints resulted in an arbitration award in favor of investors. The other complaints were denied by his former employer’s in the customers took no further action.

Allegations Against Kent Bowman

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

  • The customer who file the arbitration claim and received an arbitration award against Kent Bowman alleged misrepresentation, unsuitable investment recommendations, churning, breach of fiduciary duty, and breach of contract.
  • The customer alleged erroneous transfers from employee savings plan to a brokerage account.
  • The customer alleged that Kent Bowman misrepresented a variable annuity investment.
  • The customer alleged that the financial advisor made unsuitable investment recommendations to invest in a variable annuity.

Kent Bowman Red Flags & Your Rights as An Investor

Of course, Kent Bowman 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 that should put all current and former customers of Kent Bowman at Royal Alliance Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Kent Bowman has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at Royal Alliance Associates, Inc. also raises questions about 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 Royal Alliance Associates, Inc.  

If you have questions about Royal Alliance Associates, Inc. and/or Kent Bowman 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 $160 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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