Bryon Martinsen of Centaurus Financial in King’s Park, New York is involved in legal disputes with two customer who allege that he recommended unsuitable investments. Martinsen’s Brokercheck report also discloses that he has previously settled four customer disputes.
Stockbrokers have a duty to recommend suitable investments and investment strategies to their clients. A recommendation is only suitable if it comports with the client’s investment objectives, risk tolerance, investment experience, investment time horizon, liquidity needs, and income needs. Together these considerations form the investor’s unique “investment profile.” The duty to recommend suitable investments cannot be disclaimed through risk disclosures or waivers.
If you have suffered investment losses as a result of the malpractice or misconduct of Bryon Martinsen and/or Centaurus Financial, our experienced team of securities attorneys may be able to assist you in recovering some or all of your losses. Call us toll-free at 888-607-4819 for a free consultation or email us through our “Contact” page to schedule a free consultation.