Advisor Alert: Our Attorneys Are Investigating Markus Gracen Byrd For Investment Fraud
Did You Lose Money Because of Markus Byrd?
Filed: March 4, 2024
Markus Byrd currently has two (2) pending customer complaints. Overall, he has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Markus Gracen Byrd.
Who Is Markus Gracen Byrd of Kestra Investment Services, LLC and Kestra Advisory Services, LLC?
- Advisor Name: Markus Gracen Byrd
- Aliases: Markus Byrd
- CRD: 2177376
- Location: Dallas, Texas
- Current Employer: Kestra Investment Services, LLC and Kestra Advisory Services, LLC
- Previous Firms: NFP Advisor Services, Inc. and Invest Financial Corporation
- Number of Known Customer Complaints: 3
- Can Markus Byrd Be Sued: Yes, in Private Arbitration
- Can Markus Byrd’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $445,000
- Highest Settlement: Unknown
If you have suffered investment losses by Markus Byrd, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Markus Byrd For Broker Misconduct
As of this publication date, Markus Byrd has been the subject of 3 customer disputes. Let’s review them below.
In August 2023, a FINRA arbitration was filed against or in reference to Markus Byrd by a customer of Kestra Investment Services, LLC alleging that Mr. Byrd made unsuitable recommendations and the claimant’s account was over concentrated. Per the customer, he/she lost over $5,000 because of Mr. Byrd’s actions. As of this publication date, this claim remains pending.
In April 2023, a FINRA arbitration was filed against or in reference to Markus Byrd by multiple customers of Kestra Investment Services, LLC alleging that Mr. Byrd recommended the sale of unsuitable investments. Per the customers, they lost over $445,000 because of Mr. Byrd’s actions. As of this publication date, this claim remains pending.
In February 1999, a complaint was filed against or in reference to Markus Byrd by a customer alleging that the client was unaware that he had purchased an IDS Life Flexible Portfolio Annuity non-qualified in December 1996 and an IDS Life Flexible Portfolio IRA in January 1997. He also alleged that Mr. Byrd never informed him of the surrender charge schedules that each annuity has. Per the customer, he lost over $9,902.28 because of Mr. Byrd’s actions.
How To File A Claim Against Markus Byrd of Kestra Investment Services, LLC and Kestra Advisory Services, LLC (previously with NFP Advisor Services, Inc. and Invest Financial Corporation) To Get Your Money Back
If you have questions about Markus Byrd, Kestra Investment Services, LLC, Kestra Advisory Services, LLC, NFP Advisor Services, Inc., Invest Financial Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.