Kevin Sierzant Terminated After MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED Allegations – Goodman & Nekvasil, P.A.
Kevin Sierzant Terminated After MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED Allegations. Sierzant was terminated after the firm alleged conduct inconsistent with Firm standards regarding selling away, timely disclosure of outside business activities, and electronic business communications.
Kevin Joseph Sierzant (CRD#: 7223312), a former broker for MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED in NEWPORT BEACH, CA was terminated after employer allegations.
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED alleged conduct inconsistent with Firm standards regarding selling away, timely disclosure of outside business activities, and electronic business communications.
Sierzant is currently an investment adviser for THE CAPROCK GROUP, LLC in Long Beach, CA.
Kevin Joseph Sierzant
Kevin Sierzant
CRD#: 7223312
FINRA and Selling Away
According to FINRA: Prior to participating in any private securities transaction, an associated person shall provide written notice to the member with which he is associated. The written notice should describe in detail the proposed transaction and the person’s proposed role therein. The written notice should state whether the broker has received or may receive selling compensation in connection with the transaction.
Kevin Sierzant Terminated After MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED Allegations.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 6/17/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.