Lyndon Taylor: $99K Complaint Against Choice Financial Advisor

Oklahoma City financial advisor Lyndon Taylor (CRD# 1423130) allegedly recommended unsuitable high-risk investments, according to a recent investor complaint. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that he is currently registered as an investment advisor with International Assets Investment Management and the president of Choice Financial Services.

Mr. Taylor’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in December 2023, alleges that as a representative of Voya Financial Services, he recommended unsuitable alternative investments and failed to disclose their high-risk, speculative, and illiquid nature. The pending complaint alleges damages of $99,000.

An earlier investor complaint, filed in 2006, alleged that as a Washington Square Securities representative, he misrepresented and recommended an unsuitable variable annuity, breached contract, engaged in negligence and fraudulent inducement, and breached his fiduciary duty. In 2007 the complaint reached a settlement of $66,000.

A third investor complaint, filed in 2003, alleged that as a Washington Square Securities representative, he breached his fiduciary duty, acted negligently, made unauthorized transactions, and recommended unsuitable mutual funds. In 2004 the complaint reached a settlement of $40,000.

Choice Financial Services’ website includes a profile of Mr. Taylor that describes him as the firm’s Founder. “Lyndon has found that the best path to financial freedom is through the clarity that comes with informed decision-making,” it states, adding that he leads educational seminars in addition to his work as an advisor. “Today, Lyndon and his team provide classes on the principles of financial and retirement planning in a series of dozens of seminars held on university and corporate campuses.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Lyndon Taylor holds 35 years of securities industry experience. Based in Oklahoma City, Oklahoma, he has been an investment advisor with International Assets Investment Management on and off since 2017. His past registrations include Voya Financial Advisors (Oklahoma City, Oklahoma; 1995-2017), Mony Securities Corporation (New York, New York; 1991-1995), and Pruco Securities Corporation (Newark, New Jersey; 1985-1990). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; 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. He is licensed in Oklahoma. (Information current as of January 30, 2024.)

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