Scott Barcomb is a Sarasota, Florida broker. Barcomb is currently registered with Berthel, Fisher & Company Financial Services. Barcomb currently has 6 Brokercheck Disclosures, including Customer disputes and one Criminal disclosure.
Peiffer Wolf Carr Kane & Conway is currently investigating claims against Scott Barcomb, a registered broker at Berthel, Fisher & Company Financial Services in Sarasota, FL.
According to FINRA’s BrokerCheck website for Public Disclosures, Scott Barcomb has been the subject of six disclosures:
1 Pending Customer Dispute – Allegations include: “The client alleges the investments she purchased in 2014-2015 were high risk and not consistent with her risk tolerance. The client also alleges the firm failed to supervise the activity of the representative and failed to conduct adequate due diligence.”
4 Customer Disputes have been settled. Allegations include: penalty charges to client after advising her to “sell on variable annuity to fund the purchase of another variable annuity”, failure do cancel client’s investment in an annuity “after she made the request”, failure to “conduct due diligence”, and failing to “advise correctly on taxes.” Settlements total amount: $240,242.00.
1 Criminal – Final Disposition. Charges include “fleeing to elude” and “possession of $20 of cocaine”.
To review Scott Barcomb’s Brokercheck report, click here: https://brokercheck.finra.org/individual/summary/1369573
*Information about this broker was obtained from FINRA’s BrokerCheck on January 5, 2021. You should always review the broker’s BrokerCheck report for updated information. If you believe some of the content on this page does not reflect the report, contact us.
Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
Scott Barcomb has worked at multiple firms over the years, including Berthel, Fisher & Company Financial Services, Continental Capital Investment, Tower Equities (expelled by FINRA in 2014), Prudential Securities Incorporated, Dean Witter Reynolds, and E.F. Hutton & Company. FINRA maintains a database of investor complaints and disciplinary and employment history for registered representatives and publishes some of this information on its BrokerCheck website,www.brokercheck.finra.org.
Peiffer Wolf Carr Kane & Conway is currently investigating Scott Barcomb’s practices, as well as the products he recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation. 585-310-5140