Investors potentially experienced sales practice violations by securities broker Timothy Graham Broyles (also known as Tim Broyles) [CRD: 5751227, Jackson, Georgia], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Broyles has been registered with State Farm VP Management Corp. since February 15, 2010, and he has also been registered with State Farm Investment Management Corp. since October 6, 2025. Investors are encouraged to continue reading to learn more about Broyles’s disclosures.
Particularly, a State Farm VP Management Corp. client filed FINRA Arbitration No. 20-02988 about Timothy Broyles. Mainly, the client alleged that Broyles made unsuitable recommendations by selling a variable annuity that was not in the client’s best interest. Because of this, the client allegedly sustained damages associated with the variable annuities. The client received an Award of $28,500 on January 10, 2024.
Specifically, a client of State Farm VP Management Corp. contested Timothy Broyles’s sales practices, according to a complaint dated December 1, 2021. Allegedly, Broyles submitted a variable annuity application the client said he did not sign. It appears that Broyles allegedly caused the client to sustain damages related to variable annuities. Therefore, the client sought compensation from State Farm VP Management Corp. or Broyles in this matter. However, the firm denied this complaint.
Did you suffer any investment-related losses because of Timothy Broyles? Contact Soreide Law Group at (888) 760-6552 or online and speak to a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, our securities attorneys represent investors on a contingency fee arrangement and advance all costs. Broyles and brokerage firms Broyles worked for deny accusations of sales practice violations.
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