{"id":11990,"date":"2026-06-30T11:14:39","date_gmt":"2026-06-30T15:14:39","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11990"},"modified":"2026-06-30T11:14:39","modified_gmt":"2026-06-30T15:14:39","slug":"william-tunink-barred-after-borrowing-over-3m-from-clients-for-independent-investment","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/william-tunink-barred-after-borrowing-over-3m-from-clients-for-independent-investment\/","title":{"rendered":"William Tunink Barred After Borrowing Over $3M From Clients For Independent Investment"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-11991 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics39.png\" alt=\"William Tunink (William Bernard Tunink, aka, \u201cBill Tunink\u201d CRD# 2738224) is a former registered broker and investment advisor last registered with LPL Financial LLC (CRD# 6413) of West Des Moines, IA. He was previously employed with Avantax Investment Services, Inc. (CRD# 13686), also of West Des Moines. He has been in the industry since 1996.\n\nTunink is the subject of 26 disclosures, primarily customer disputes. LPL Financial discharged Turnink on 9\/8\/2025 because he \u201cFailed to disclose and receive prior approval for loans from customers; and settled a customer complaint away from the Firm.\u201d It is unknown which customer complaint he settled on his own.\n\nFINRA issued a suspension, effective 4\/6\/2026, after Tunink failed to provide requested information to the agency for its investigation. Tunink is suspended in all capacities from association with any FINRA member. The suspension is effective until he provides FINRA with the requested information. Should Tunink fail to act, or request that his suspension be lifted within three months, the suspension is permanent as of 6\/16\/2026.\u00a0\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics39.png 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics39-180x120.png 180w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>William Tunink (William Bernard Tunink, aka, <em>\u201cBill Tunink\u201d<\/em> CRD# <a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/2738224\" target=\"_blank\">2738224<\/a>) is a former registered broker and investment advisor last registered with LPL Financial LLC (CRD# 6413) of West Des Moines, IA. He was previously employed with Avantax Investment Services, Inc. (CRD# 13686), also of West Des Moines. He has been in the industry since 1996. <a href=\"https:\/\/www.silverlaw.com\/blog\/william-tunink-barred-after-borrowing-over-3m-from-clients-for-independent-investment\/#more-11990\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>William Tunink (William Bernard Tunink, aka, \u201cBill Tunink\u201d CRD# 2738224) is a former registered broker and investment advisor last registered with LPL Financial LLC (CRD# 6413) of West Des Moines, IA. He was previously employed with Avantax Investment Services, Inc. (CRD# 13686), also of West Des Moines. He has been in the industry since 1996. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[577,580],"tags":[],"class_list":["post-11990","post","type-post","status-publish","format-standard","hentry","category-finra-disciplinary-actions","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>William Tunink Barred After Borrowing Over $3M From Clients<\/title>\n<meta name=\"description\" content=\"William Tunink is a former registered broker and investment advisor last registered with LPL Financial LLC of West Des Moines, IA.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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