A recent sanction against Belmont, North Carolina financial advisor Chris Shaw (CRD# 5011382) alleged that he recommended unsuitable investments in...
Read MoreCyndi Smith: Merrill Lynch Advisor Faces Suitability Complaint
Fort Myers financial advisor Cyndi Smith (CRD# 2386038) recently received an investor complaint alleging that her advice resulted in losses. Financial Industry Regulatory Authority records show that she is registered as a broker and an investment advisor with Merrill Lynch.
Ms. Smith’s BrokerCheck report discloses one investor complaint. Filed in September 2024, it alleges that as a representative of Merrill Lynch, she recommended an unsuitable strategy from March 2020 until 2022. The pending complaint alleges unspecified damages.
Merrill Lynch’s website includes a profile of Ms. Smith that describes her background and services. “For Cyndi, supporting our team’s clients is more than a career—it’s a privilege and passion,” it explains. “She enjoys fostering deep relationships with families across many generations and applying her experience to address the full breadth of their financial needs. Cyndi’s commitment to sophisticated strategies and caring service are the foundation of our team’s wealth management approach.”
According to the Financial Industry Regulatory Authority, Cyndi Smith holds 31 years of securities industry experience. Based in Fort Myers, Florida, she has been registered as a broker and an investment advisor with Merrill Lynch since 2002. Her past registrations include First Union Securities (St. Louis, Missouri; 2000-2002), First Union Brokerage Services (Charlotte, North Carolina; 1994-2000), and GNA Securities (Glen Allen, Virginia; 1993-1994). Her credentials include the passage of six securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. She holds 55 state licenses. (Information current as of September 29, 2024.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.