Category Archives: Mutual Securities

Garrett Ahrens, Former LPL Financial Broker Receives Notice of Investigation by Securities Regulator

September 18, 2015- Lafayette, Lousiana

The Investment News reports that Garrett Andrew Ahrens, a broker ranked as one of the top advisers in Louisiana by Barron’s, with assets under management of $775 million, has parted ways with LPL Financial after receiving a Wells Notice announcing an investigation by the Financial Industry Regulatory Authority (FINRA).

The Investment News article quotes Mr. Ahrens as stating that the move was separate and aside from the FINRA inquiry and that the timing was coincidental and unfortunate.

According to FINRA records, Ahrens is not currently registered with  any broker dealer after briefly registering with Mutual Securities, Inc. who discharged him in August 2015, reporting “Unable to affiliate in a supervisory capacity due to pending wells notice, dated August 4, 2015. “

The FINRA investigation is focussed on the alleged misuse of consolidated reports provided to clients potentially violating FINRA Rules 2210(D)(1) and 2010.

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