Last Updated: July 2025 – Rockville, MD
Here’s what you need to know about Rockville, MD stockbroker Nicholas C. Carter:
- Name: Nicholas C. Carter
- CRD Number: 5362028
- Current Employers: Cetera Investment Advisers LLC (CRD# 105644), Cetera Wealth Services, LLC (CRD# 13572)
- Function: Stockbroker / Financial Advisor
- Primary Location: Rockville, MD
- DBA: Financial Advantage Associates
- Previously Registered With: Morgan Stanley Smith Barney, Securian Financial Services, Inc.
- Can Nicholas Carter be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Highest Award or Settlement: $495,000
If you’ve sustained damages from Mr. Carter, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Nicholas Carter As Your Stockbroker?
A customer of Morgan Stanley Smith Barney filed a claim alleging breach of fiduciary duty for failure to detect alleged outside fraud perpetrated against the client. The FINRA arbitration case (Docket No. 23-02536) was settled for $495,000 in June 2024.
Breach of fiduciary duty and failure to detect fraud implicates FINRA Rule 2010, which requires brokers to observe high standards of commercial honor and just and equitable principles of trade.
Allegations of Broker Misconduct Against Nicholas C. Carter
- Breach of fiduciary duty
- Failure to detect alleged outside fraud
Recover Your Investment Losses Now With Rex Securities Law
Investigation of Cetera Financial Brokers-Lawsuits, Arbitrations & Disputes
Investigations of Other Morgan Stanley Brokers
If you have suffered investment losses in an account handled by Nicholas C. Carter, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
Firms We Have Pursued for our Clients
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.