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Matt Haverty is Facing Allegations that He Overconcentrated Investments

Matt Haverty (CRD #: 4618183), a broker registered with RBC Capital Markets, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 30, 2024. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations 

On May 6, 2024, an investor alleged that Matt Haverty over-concentrated an investor portfolio in unsuitable, international emerging market stock investments. The investor is seeking $750,000. 

FINRA Rule 2111 – Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. This rule also prohibits overconcentration, as placing too much of a portfolio in a single sector exposes the investor to unnecessary risk. 

Background Information 

Matt Haverty has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 3 National Commodity Futures Examination 
  • Series 7 General Securities Representative Examination 

He is a registered broker in 12 states and is a registered investment adviser in Kansas and Texas. 

During his 21 years of experience, Matt Haverty has registered with four firms: 

  • RBC Capital Markets (CRD #: 31194) 
  • Morgan Stanley (CRD #: 149777) 
  • Morgan Stanley & Co. Incorporated (CRD #: 8209) 
  • UBS Financial Services (CRD #: 8174) 

Kurta Law Can Help 

If you have worked with Matt Haverty and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

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