The Financial Industry Regulatory Authority (FINRA) provides important information in regard to the disclosures of securities broker Mark Smith (CRD#: 5776360, Greenwood Village, Colorado). This includes a FINRA bar and an investor dispute concerning his employment at Transamerica Financial Advisors (his employer from January 2012 to July 2021). Here is a brief summary of the disclosures involving allegations against him, and what you could do if you experienced damages from inappropriate sales practices.
Evidently, a client of Transamerica contested Mark Smith’s sales practices by filing an investment dispute on March 22, 2022. It appears that the securities firm or Smith caused the client to incur damages because of making investments in crypto. Therefore, the client demands that the securities firm pay them $72,000 in damages. It appears that this matter is currently unresolved.
FINRA barred Mark Smith as a securities broker effective January 26, 2022. The regulator typically bars a securities broker who fails to comply during an investigation. Mainly, FINRA makes allegations of Smith violating Rule 8210 during an investigation into allegations of his unauthorized transactions.
It appears that a Transamerica client took issue with Mark Smith’s activities, per an investment dispute on September 3, 2021. Notably, Smith allegedly caused the client to experience damages as a result of an unauthorized signature on a variable annuity. Although, following a review of the allegations, the securities firm opted to deny the client’s claim on November 29, 2021.
Notably, FINRA BrokerCheck shows that a Transamerica client objected to Mark Smith’s sales practices by bringing a dispute on August 13, 2021. Supposedly, the client realized damages because of Smith’s actions regarding the client’s crypto currency deal. It seems that the securities firm denied this client’s allegation of unreasonable sales practices and, on September 24, 2021, denied their request for $15,000 in compensation.
Evidently, the securities broker terminated employment on July 27, 2021, amid allegations of his unauthorized transaction in a client’s checking account.
Did Mark Smith cause you to experience losses? You can contact Soreide Law Group at (888) 760-6552 to chat with a securities attorney about a possible recovery of your losses. Soreide Law Group takes clients’ cases on a contingency fee arrangement and advances all costs. The firm has recovered compensation for many US investors that sustained losses because of their securities brokers or financial advisors. Please note that Smith denies all accusations of his unreasonable sales practices.
Summit Brokerage and Independent Financial Group each appear on a pending customer claim naming Gilbert Conrad (CRD 2746778). Both claims are unproven allegations. His BrokerCheck report also lists settled disputes at Arkadios Capital and Independent Financial Group.
On August 6, 2026, a customer filed a $400,000 FINRA arbitration naming Chad McQuade (CRD 5436281) and Northwestern Mutual. The claim involves outside, third-party real estate investments. It is pending, and McQuade disputes it in a written response.
Christopher Miller (CRD 4044818) has a customer dispute on BrokerCheck that settled on October 7, 2026 for $50,901. The disclosure lists Emerson Equity as the firm.
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