Markus Byrd Faced Kestra Investment Services Client’s Unsuitable Advice Claim

Investors potentially experienced sales practice violations by securities broker Markus Gracen Byrd [CRD: 2177376, Dallas, Texas], given the publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Byrd worked for Kestra Investment Services LLC from February 21, 2014, to April 15, 2024. See below to find out more about Byrd’s disclosures.

Kestra Investor Accused Byrd Of Unsuitable Recommendations

Notably, on March 16, 2026, a Kestra Investment Services LLC client filed FINRA Arbitration No. 26-00557 about Markus Byrd. Mainly, the client alleged that Byrd made unsuitable recommendations. Because of this, the client allegedly incurred damages tied to direct investments. Consequently, the client requested more than $5,000 in compensation from Kestra Investment Services LLC or Byrd. BrokerCheck indicates that this arbitration is ongoing.

Markus Byrd Disclosed Discretionary Trading Allegations By Kestra Client

Also, a client of Kestra Investment Services LLC contested Byrd’s sales practices by filing FINRA Arbitration No. 26-00470 on February 27, 2026. Allegedly, Byrd engaged in discretionary trading, made unsuitable recommendations, and made misrepresentations concerning an exchange-traded product. The client also alleged that the investment was held longer than appropriate and that statements about its performance and characteristics were inaccurate. It appears that Byrd allegedly caused the client to sustain damages. Therefore, the client seeks compensation from Kestra Investment Services LLC or Byrd in this ongoing matter.

Kestra Investment Services Investor Accused Byrd Of Misrepresentation

Evidently, a Kestra Investment Services client filed FINRA Arbitration No. 24-01666 about Markus Byrd. Primarily, the client alleged that Byrd made unsuitable recommendations and misrepresentations. For this reason, the client allegedly experienced damages associated with ETNs. As a result, on November 13, 2025, Kestra Investment Services settled this matter by paying the client $3,300,000.

Markus Byrd Disclosed Unsuitable Recommendations Allegations By Kestra Investment Services Client

Specifically, a client of Kestra Investment Services contested Byrd’s sales practices by filing FINRA Arbitration No. 24-00388. Allegedly, Byrd made unsuitable recommendations to the client. It appears that Byrd allegedly caused the client to sustain damages connected to direct investments. Consequently, Kestra Investment Services agreed to settle the matter on February 14, 2025, by compensating the client in the amount of $65,000.

Are You Looking For More Information About Financial Advisor / Securities Broker Byrd?

Do you need guidance on any investment losses relating to Markus Byrd? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Byrd and brokerage firms Byrd worked for deny accusations of sales practice violations.