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Robert Burns Of Cetera Advisor Networks LLC And Formerly With Summit Brokerage Services, Inc. Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Robert Burns of Cetera Advisor Networks LLC?

Robert Burns

Robert Burns (CRD #4066393) who is currently registered as a broker and investment adviser with Cetera Advisor Networks LLC and located in Greenwood Village, Colorado, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cetera Advisor Networks LLC, Robert Burns was associated with Summit Brokerage Services, Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Robert Burns Customer Complaints

Robert Burns has been the subject of 4 customer complaints that we know about recovering investment losses. Two of the customer complaints were settled by Robert Burns’ former employers in favor of the investors. There are currently 2 FINRA arbitration proceedings still pending against Cetera Advisor Networks for the broker’s alleged misconduct.

Allegations Against Robert Burns

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

  • Unsuitable investment recommendations.
  • Unsuitable recommendations of mutual funds in real estate securities.
  • Negligence and breach of fiduciary duty related to real estate securities and UDF IV.
  • Overconcentration and unsuitable investments and alternative products.

Robert Burns Red Flags & Your Rights As An Investor

Of course, Robert Burns 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 Robert Burns at Cetera Advisor Networks LLC and Summit Brokerage Services, Inc.on alert to review carefully the activity and performance of their accounts and question whether Robert Burns has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisor Networks LLC and Summit Brokerage Services, Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Cetera Advisor Networks LLC Due To Robert Burns

If you have questions about Cetera Advisor Networks LLC, Summit Brokerage Services, Inc. and/or Robert Burns 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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