Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 28, 2019 indicate that former Nebraska-based Cetera Advisor Networks broker/adviser Ronald Carson, who has received resolved or pending customer disputes, is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Carson (CRD# 1238219).
Ronald Carson has spent 33 years in the securities industry and was most recently registered as a broker with Cetera Advisor Networks in Omaha, Nebraska (2017-2019). Previous registrations include LPL Financial in Omaha, Nebraska (1989-2017); State Bond Sales Corporation (1988-1989); Amev Investors (1987-1988); Securities America (1986-1987); Anchor National Financial Services (1985-1986); and Securities America (1985-1986). HE has been registered as an investment adviser with CWM in Omaha, Nebraska since 2011 and with Carson Group Investing in Omaha, Nebraska since July 2018. He has passed eight securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 27, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 21, 1990; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 31 (Futures Managed Funds Examination), which he obtained on October 31, 2001; Series 7 (General Securities Representative Examination), which he obtained on December 17, 1988; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on November 12, 1987; Series 22 (Direct Participation Programs Representative Examination), which he obtained on December 18, 1984; and Series 24 (General Securities Principal Examination), which he obtained on September 29, 1992. He is currently not registered as a broker with any state or firm.
According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and one customer complaint that was withdrawn.
In December 2018 a customer alleged Ronald Carson, while employed at Cetera Advisor Networks, and while acting through CWM, an investment adviser he owned, negotiated with certain product sponsors which were not affiliated with the adviser to charge CWM clients lower fees than non-CWM clients, and “improperly notified” one such sponsor that the customer in question was not a CWM client any longer, resulting in the customer receiving higher charges in the form of that sponsor’s standard fees as opposed to its “lower negotiated rate.” The customer is seeking $500,000 in damages in the pending complaint.
In 2004 a customer alleged Ronald Carson, while employed at Linsco/Private Ledger Corporation, recommended unsuitable mutual fund investments which were not properly diversified. The customer sought $20,000 in damages in the complaint, which was withdrawn.
In 2002 a customer alleged Ronald Carson, while employed at Linsco/Private Ledger Corporation, breached his fiduciary duty, acted negligently, recommended unsuitable investments, misrepresented material facts, and breached contract. The complaint resulted in an award to the customer of $50,000.
If you or someone you know has lost money investing with Ronald Carson, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.