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Matthew Winthrop Terminated by Equitable Advisors

Matthew Winthrop (CRD #: 2445102), a broker registered with Aegis Capital Corp., was recently terminated by Equitable Advisors. This disclosure appears on his BrokerCheck record, accessed on October 4, 2025. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations

On September 15, 2025, Equitable Advisors fired Matthew Winthrop for excessive trading in client brokerage accounts. 

Excessive Trading 

FINRA Rule 2111 requires that an investment strategy fit an investor’s financial goals. Brokers with control over a customer’s account must have a reasonable basis to believe that the transactions they recommend are not excessive before executing them. Excessive transactions run the risk of incurring too many fees and negating any returns. 

Background Information 

Matthew Winthrop has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 31 Futures Managed Funds Examination 
  • Series 7 General Securities Representative Examination
  • Series 24 General Securities Principal Examination 

He is a registered broker in five states and is a registered investment advisor in Connecticut

Matthew Winthrop has registered with the following firms since 2011:

  • Aegis Capital Corp. (CRD #: 15007) 
  • Equitable Advisors (CRD #: 6627) 
  • RBC Capital Markets (CRD #: 31194) 
  • Oppenheimer & Co. (CRD #: 249)

Kurta Law Can Help 

If you have worked with Matthew Winthrop and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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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