{"id":9517,"date":"2020-11-24T13:55:40","date_gmt":"2020-11-24T18:55:40","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=9517"},"modified":"2020-11-24T13:55:40","modified_gmt":"2020-11-24T18:55:40","slug":"finra-bans-thomas-marino-after-allegations-of-unsuitable-investments","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/","title":{"rendered":"FINRA Bans Thomas Marino After Allegations Of Unsuitable Investments"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-9518 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino.jpg\" alt=\"Thomas Marino (Thomas John Marino CRD#: 4438533) is a former registered broker and investment advisor whose most recent employer was R.M. Stark &amp; Co., Inc. (CRD#:7612) of Lake Worth Beach, FL. Previous employers include J.W. Cole Financial, Inc. (CRD#:124583) of Sarasota, FL, Newbridge Securities Corporation (CRD#:104065) of Boca Raton, FL, and Summit Brokerage Services, Inc. (CRD#:34643) of West Palm Beach, FL. He has been in the industry since 2001. Thomas Marino Customer Dispute On 4\/12\/2019, a customer filed a dispute alleging that Marino made \u201cinappropriate and unsuitable investments for her risk tolerance.\u201d \u00a0The client requested damages of $300,000, and the claim is reported as resolved. According to filings in the case, The causes of action relate to Respondent Marino\u2019s alleged recommendation to transfer a portion of Claimant\u2019s retirement assets from various variable annuities and to re-direct the investment proceeds into investments with Respondent Capstone, a single-member Limited Liability Company, owned and controlled by Respondent Marino. A financial advisor generally should not recommend an investment in a company in which he is personally invested. Mr. Marino\u2019s interest in Capstone would need to be clearly explained to the investor and fully disclosed to his employer and the customer.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Thomas Marino (Thomas John Marino CRD#: <a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/4438533\" target=\"_blank\">4438533<\/a>) is a former registered broker and investment advisor whose most recent employer was R.M. Stark &amp; Co., Inc. (CRD#:7612) of Lake Worth Beach, FL. Previous employers include J.W. Cole Financial, Inc. (CRD#:124583) of Sarasota, FL, Newbridge Securities Corporation (CRD#:104065) of Boca Raton, FL, and Summit Brokerage Services, Inc. (CRD#:34643) of West Palm Beach, FL. He has been in the industry since 2001. <a href=\"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/#more-9517\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thomas Marino (Thomas John Marino CRD#: 4438533) is a former registered broker and investment advisor whose most recent employer was R.M. Stark &amp; Co., Inc. (CRD#:7612) of Lake Worth Beach, FL. Previous employers include J.W. Cole Financial, Inc. (CRD#:124583) of Sarasota, FL, Newbridge Securities Corporation (CRD#:104065) of Boca Raton, FL, and Summit Brokerage Services, Inc. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[580,576],"tags":[],"class_list":["post-9517","post","type-post","status-publish","format-standard","hentry","category-stockbroker-misconduct","category-unsuitable-investment-advice"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FINRA Bans Thomas Marino After Allegations Of Unsuitable Investments<\/title>\n<meta name=\"description\" content=\"Thomas Marino is a former registered broker and investment advisor whose most recent employer was R.M. Stark &amp; Co., of Lake Worth Beach, FL.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FINRA Bans Thomas Marino After Allegations Of Unsuitable Investments\" \/>\n<meta name=\"twitter:description\" content=\"Thomas Marino is a former registered broker and investment advisor whose most recent employer was R.M. Stark &amp; Co., of Lake Worth Beach, FL.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FINRA Bans Thomas Marino After Allegations Of Unsuitable Investments","description":"Thomas Marino is a former registered broker and investment advisor whose most recent employer was R.M. Stark & Co., of Lake Worth Beach, FL.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/","twitter_card":"summary_large_image","twitter_title":"FINRA Bans Thomas Marino After Allegations Of Unsuitable Investments","twitter_description":"Thomas Marino is a former registered broker and investment advisor whose most recent employer was R.M. Stark & Co., of Lake Worth Beach, FL.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/","url":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/","name":"FINRA Bans Thomas Marino After Allegations Of Unsuitable Investments","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino.jpg","datePublished":"2020-11-24T18:55:40+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Thomas Marino is a former registered broker and investment advisor whose most recent employer was R.M. Stark & Co., of Lake Worth Beach, FL.","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/#primaryimage","url":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino.jpg","contentUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/11\/Thomas-Marino.jpg","width":300,"height":200},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/finra-bans-thomas-marino-after-allegations-of-unsuitable-investments\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"FINRA Bans Thomas Marino After Allegations Of Unsuitable Investments"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/9517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=9517"}],"version-history":[{"count":2,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/9517\/revisions"}],"predecessor-version":[{"id":9520,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/9517\/revisions\/9520"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=9517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=9517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=9517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}