Our firm is investigating Frisco, Texas financial advisor and stock broker Mark Perry Kissinger (CRD# 4546631), who is currently registered with NYLIFE Securities LLC and Eagle Strategies LLC out of 2600 Network Blvd., Suite 130, Frisco, Texas, for potential investment-related misconduct.
Financial Advisor’s Career History
According to FINRA BrokerCheck, Kissinger entered the securities industry in 2002 with A.G. Edwards & Sons, Inc. in McKinney, Texas, where he was registered from August 2002 through August 2007 as a broker and from September 2002 through August 2007 as an investment adviser representative. He was then registered with UBS Financial Services Inc. from August 2007 through November 2011 in Addison and McKinney, Texas, later with Allstate Financial Services, LLC in Frisco, Texas from April 2012 through November 2018, and has been registered with NYLIFE Securities LLC since November 27, 2018 and Eagle Strategies LLC since March 15, 2023. His recent employment history also lists Kissinger Financial Services LLC, New York Life Insurance Company, and Nylife Securities LLC in Frisco, Texas.
Mark Perry Kissinger Fraud Allegations and Investor Complaints Explained
FINRA’s BrokerCheck report reflects two customer dispute disclosures for Kissinger: one final settled matter and one pending written complaint.
2009 UBS Financial Services Structured Notes Complaint
A customer dispute reported while Kissinger was associated with UBS Financial Services Inc. alleged that an investment in structured notes was misrepresented and unsuitable, and the claimant sought full rescission. The complaint was received on February 17, 2009, evolved into a FINRA arbitration in which Kissinger was a named party, and was ultimately settled on January 25, 2010 for $105,000. The BrokerCheck report states that Kissinger did not contribute personally to that settlement, and it lists FINRA arbitration docket number 09-00679.
2026 NYLIFE Securities Variable Universal Life Complaint
FINRA also shows a pending written customer complaint received on January 16, 2026 involving NYLIFE Securities LLC. According to the disclosure, the customer alleges that a variable universal life insurance product purchased in July 2022 was unsuitable for the customer’s financial goals, risk tolerance, and liquidity needs, and requested a refund of surrender charges. Although no exact damage amount was specified, the firm reported a good-faith determination that alleged damages would exceed $5,000. As of the report, the matter remained pending and was not yet in arbitration or civil litigation.
Disclosure Summary
- 02/17/2009 — Customer dispute/arbitration involving UBS Financial Services Inc.; allegations of misrepresentation and unsuitability involving structured notes; Disposition: settled on 01/25/2010 for $105,000; Individual contribution: $0; Forum: FINRA arbitration, Case No. 09-00679.
- 01/16/2026 — Pending written customer complaint involving NYLIFE Securities LLC; allegations of an unsuitable variable universal life insurance recommendation tied to the customer’s goals, risk tolerance, and liquidity needs; Disposition: pending; Alleged damages: not specified, but firm states damages would exceed $5,000.
To obtain a copy of Mark Perry Kissinger’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2111, the suitability rule, requires a broker or advisor to have a reasonable basis to believe a recommendation is suitable for the customer based on that customer’s investment profile. In the complaints reflected on Kissinger’s BrokerCheck report, the central allegations are suitability-based: one investor claimed structured notes were unsuitable, and the pending 2026 complaint alleges a variable universal life insurance product was unsuitable for the customer’s financial goals, risk tolerance, and liquidity needs. Those allegations are the kind of sales-practice issues that are commonly analyzed under Rule 2111, although the pending matter has not been adjudicated and the settled matter was resolved without a stated finding of wrongdoing in the PDF.
FINRA Rule 2090, the Know Your Customer rule, requires registered representatives to use reasonable diligence to understand the essential facts concerning each customer and the authority of each person acting on behalf of that customer. When a customer alleges that a product did not match his financial goals, liquidity needs, or risk tolerance, that type of claim often turns on whether the broker sufficiently understood the customer before making the recommendation. In that sense, the pending NYLIFE complaint raises the same core questions Rule 2090 is designed to address.
FINRA Rule 2010 requires brokers to observe high standards of commercial honor and just and equitable principles of trade. Allegations that an investment was misrepresented, or that a complex product such as structured notes or variable universal life insurance was recommended despite suitability concerns, can implicate Rule 2010 because that rule broadly governs fair and ethical conduct in dealings with investors. Here, the 2009 disclosure expressly referenced alleged misrepresentation and unsuitability, while the 2026 complaint centers on an allegedly unsuitable recommendation; both are the kinds of allegations commonly reviewed through the lens of Rule 2010.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, and unsuitable recommendations. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis. Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.
