Tamber Proctor: $324K Complaint Against Proctor Investments Advisor

Waynesboro, Pennsylvania financial advisor Tamber Proctor (CRD# 4316378) recently received an investor complaint alleging that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Securities America broker is registered as an investment advisor with Proctor Investments.

Mr. Proctor’s BrokerCheck report discloses several investor complaints. The most recent, filed in September 2024, alleges that as a representative of Proctor Investments, he recommended unsuitable investments in stock, mutual fund, and real estate products. The pending complaint alleges damages of $324,500.

A second investor complaint, filed in 2020, alleged that as an LPL Financial representative, he breached his fiduciary duty, acted negligently, breached contract, recommended unsuitable investments in FS Energy & Power and Northstar Healthcare, and failed to disclose the risks associated with these investments. In 2022 the complaint reached a settlement of $15,000.

A third investor complaint, filed in 2017, alleged that as an LPL Financial representative, he made unauthorized trades. The complaint reached a settlement of $4,038.27.

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Tamber Proctor holds 23 years of securities industry experience. Based in Waynesboro, Pennsylvania, he has been registered as an investment advisor with Proctor Investments since 2021. His past registrations include Securities America, LPL Financial, and Edward Jones. His credentials include the passage of four securities industry qualifying exams: 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 Combined State Law Examination, Uniform Combined State Law Examination, or Series 66. He is licensed in Alabama and Mississippi. (Information current as of October 6, 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.