Bryan Davidson Disclosed LPL, BMO Harris Client Disputes

Soreide Law Group is presently investigating potential claims on behalf of investors who may have sustained financial losses due to the actions of Bryan Edward Davidson (CRD: 5445540, Scottsdale, Arizona). Evidently, Davidson worked for BMO Harris Financial Advisors, Inc. as both a financial advisor and broker from September 26, 2014, to March 24, 2021. Additionally, Davidson has been the subject of client complaints while at BMO Harris Financial Advisors and notably, more recently, while at LPL Financial LLC. Specifically, these complaints revolve around allegations of failure to act in the client's best interest and unauthorized trading.

LPL Financial LLC Investor Accused Davidson Of Failing To Manage Account With Client's Best Interests

Specifically, on December 26, 2022, an LPL Financial LLC client lodged a complaint about Bryan Davidson. Specifically, the client claimed that Davidson failed to manage their account with their best interests in mind, which purportedly led to an unanticipated capital gains tax liability. As a result, the client reportedly incurred damages related to a mutual fund and sought $5,000 in compensation either from LPL Financial LLC or Davidson. However, as of January 25, 2023, the complaint was denied with the broker's statement suggesting that the transactions were conducted with the client's best interests in mind and had been discussed and approved by the client.

Bryan Davidson Disclosed Unauthorized Trading Allegations By BMO Harris Financial Advisors, Inc. Client

Also, a client of BMO Harris Financial Advisors, Inc. contested Bryan Davidson's sales practices, according to a complaint received on February 1, 2019. Allegedly, Davidson engaged in unauthorized trading of mutual funds. This purported misconduct led to the client sustaining alleged damages of $26,000. Therefore, BMO Harris Financial Advisors opted to settle the matter on the same date, February 1, 2019, by compensating the client in the amount of $21,227.05. Additionally, Davidson's individual contribution to the settlement was $2,868.50.

BMO Harris Financial Advisors, Inc. Investor Accused Davidson Of Unauthorized Trading Of Mutual Funds

Namely, a client submitted a complaint about Bryan Davidson on January 7, 2019. The client alleged that Davidson engaged in unauthorized trading of mutual funds, causing the client to sustain purported damages of $26,000. Consequently, on January 8, 2019, BMO Harris Financial Advisors settled this matter by paying the client $15,770.05 in damages, with Davidson contributing $2,131.50 to the settlement.

Seek Recovery For Investment Losses With Bryan Davidson

If you have experienced financial losses while investing with Bryan Davidson, particularly during his employment at BMO Harris Financial Advisors or LPL Financial LLC, you may be entitled to recover your losses. Specifically, you can reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery. Soreide Law Group has recovered money for investors throughout the United States, works on a contingency fee basis, and advances all costs. Davidson and brokerage firms he worked for deny accusations of sales practice violations.