Investors apparently complained about securities broker Alexander Paul Hykel (also known as Alex Hykel) [CRD: 6332285, Delray Beach, Florida], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hykel worked for Merrill Lynch from June 9, 2014, to April 18, 2023, and returned to the firm on November 12, 2024. He also previously worked for Ameriprise Financial Services LLC and Equitable Advisors LLC. See below to discover more about a client complaint disclosed on BrokerCheck.
Notably, on March 26, 2026, a Merrill Lynch client filed a complaint about Alexander Hykel. Primarily, the client alleged that Hykel failed to carry out directions regarding funds that were meant to be invested conservatively and with limited exposure to risk during March 2026. For this reason, the client allegedly sustained damages. Therefore, the client requested compensation from Merrill Lynch or Alex Hykel. The complaint remains pending.
Unsuitable trading occurs when a securities broker or financial advisor recommends investments or strategies that do not match a client's financial situation, investment objectives, liquidity needs, or risk tolerance. Industry rules generally require recommendations to be appropriate based on the client's profile. Unsuitable trading allegations may involve investments that expose clients to risks that are inconsistent with their stated goals.
Do you have concerns or questions regarding investments you made with Alexander Hykel? You can contact Soreide Law Group online or at (888) 760-6552 and speak to a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the US. Also, our securities lawyers work on a contingency fee basis and advance all costs. Hykel and brokerage firms Hykel worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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