JORDAN P RIDER of LPL FINANCIAL

JORDAN P RIDER is currently registered with LPL FINANCIAL LLC of Leawood, Kansas. Rider has been registered as a broker with LPL FINANCIAL since 12/14/2010 and as an investment advisor since 7/14/2023.

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JORDAN P RIDER, has 17 years of experience in the securities industry and has been listed with 4 firms.  Rider has 4 disclosures on his FINRA CRD report.  All four disclosures are “Customer Disputes.”  Three disputes have settled, and one is pending.  The significance of Rider’s disclosures is underscored in FINRA NOTICE to MEMBERS 03-49. FINRA conducted a review of the CRD’s of all registered representatives, only .41% had been the subject of 3 or more customer complaints. In other words, JORDAN P RIDER’s customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints. 

On 4/11/2025 there was a dispute filed against JORDAN P RIDER, and this dispute is currently pending.  The allegations are, “Reg BI - alleges that FA (financial advisor) mismanaged accounts and failed to disclose risks of investments, suitability concerns.”  The damage amount requested is $120,000.00.  There is a Broker Comment included in this disclosure which states, “I discussed the investments with the client's thoroughly prior to purchase. They now claim the investments are unsuitable. Discussions were had each time we met regarding holding the investments and the overall strategy. They never indicated a desire to sell and invest in different products. I repeatedly highlighted the benefit of holding steady for long term returns.”

A ”Customer Dispute” dated 8/28/2017 filed against JORDAN P RIDER settled for $125,000.00.  The allegations were, “CUSTOMERS ALLEGED THAT ACCOUNT WAS MISMANAGED, THAT RISKS WERE NOT DISCLOSED, AND INVESTMENTS WERE UNSUITABLE. ACTIVITY PERIOD 7/23/12 TO 7/17/17.”

On 3/14/2016 another dispute was filed against JORDAN P RIDER.  The allegations were, “CUSTOMERS ALLEGE UNSUITABLE INVESTMENTS AND OVER CONCENTRATION IN ENERGY AND COMMODITIES INVESTMENTS.”  This dispute settled for $85,000.00.  Rider denied the allegations in the Broker Comment.

There is a dispute filed against JORDAN P RIDER dated 4/16/2015, with the following allegations, “CUSTOMER ALLEGES UNSUITABLE INVESTMENTS IN HER RETIREMENT ACCOUNTS.”  This dispute settled for $50,000.00.  There is a Broker Comment stating, “THIS COMPLAINT WAS SETTLED AS A BUSINESS DECISION AND WITHOUT ANY ADMISSION OF LIABILITY WHATSOEVER ON THE PART OF THE FINANCIAL ADVISOR.”

To discuss this article or any other securities issues, contact Soreide Law Group and speak to an experienced securities lawyer at no cost:  888-760-6552.

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