Advisor Alert: Our Attorneys Are Investigating Royal Gregory Fisher For Investment Fraud
Did You Lose Money Because of Royal Fisher?
Filed: January 30, 2024
Royal Fisher has been the subject of one (1) regulatory event, one (1) termination event, and one (1) customer complaint. 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 Royal Gregory Fisher.
Who Is Royal Gregory Fisher of McNally Financial Services Corp.?
- Advisor Name: Royal Gregory Fisher
- Aliases: Royal Fisher
- CRD: 3230753
- Location: Traverse City, Michigan
- Current Employer: McNally Financial Services Corp.
- Previous Firms: Sagepoint Financial, Inc., American General Securities Incorporated, and Franklin Financial Services Corporation
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Can Royal Fisher Be Sued: Yes, in Private Arbitration
- Can Royal Fisher’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $5,000
- Highest Settlement: Unknown
If you have suffered investment losses by Royal Fisher, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses 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 Royal Fisher For Broker Misconduct
As of this publication date, Royal Fisher has been the subject of 1 regulatory event, 1 termination event, and 1 customer dispute. Let’s review them below.
In November 2023, FINRA initiated a regulatory action against or in reference to Royal Fisher for circumventing his member firm’s policies when he acted in fiduciary capacities on behalf of, and accepted being named a beneficiary by a firm customer to whom he was not related.
In April 2023, a complaint was filed against or in reference to Royal Fisher by a customer of Sagepoint Financial, Inc. alleging that a recommended exchange of a whole life insurance policy to a variable universal Life policy constituted poor advice. Per the customer, he/she lost over $5,000 because of Mr. Fisher’s actions.
In April 2021, Sagepoint Financial, Inc. terminated Royal Fisher for acting in the capacity of a trustee and beneficiary on a client account without prior notification to or approval by the firm.
How To File A Claim Against Royal Fisher of McNally Financial Services Corp. (previously with Sagepoint Financial, Inc., American General Securities Incorporated, and Franklin Financial Services Corporation) To Get Your Money Back
If you have questions about Royal Fisher, McNally Financial Services Corp., Sagepoint Financial, Inc., American General Securities Incorporated, Franklin Financial Services 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.