Last Updated: October 2025 — Columbus, IN
Here’s what you need to know about Columbus, IN stockbroker Tally D. Lykins:
- Name: Tally Drew Lykins
- Current Employer: Money Concepts Capital Corp. (broker) and Money Concepts Advisory Service (investment adviser) — 3550 West Two Mile Rd., Suite A, Columbus, IN 47201. Registered with MCC since 01/06/2023; with MCAS since 04/26/2023.
- Prior Firms: Grove Point Investments, LLC (2010–2022); JCD Investments, LLC (various IA registrations 2000–2022); Woodbury Financial Services, Inc. (2003–2010); AXA Advisors, LLC (1994–2003); The Equitable Life Assurance Society (1994–2000).
- Other Business Affiliations: JCD Investments , Azalia Elevator, Inc. (consultant; family-owned grain elevator operations), Elizabethtown, Indiana; Legal (attorney providing pro bono legal services) Vernon, Indiana.
- CRD number: 2439455
- Stockbroker / Financial Advisor. Active FINRA registration; licensed in Indiana; exams include SIE, Series 6, and Series 63.
- Can Broker be Sued in FINRA: Yes
- Sanctioned by Securities Regulators: Yes
- Discloses Outstanding Tax Liens: Yes
- Current Customer Dispute Alleges Elder Abuse
If you’ve sustained damages from Mr. Lykins, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Tally D. Lykins As Your Stockbroker?
Pending FINRA Arbitration (Indianapolis, IN). Filed July 28, 2025 (FINRA Case No. 25-01527), the personal representatives of a deceased customer’s estate allege negligence, breach of contract, negligent misrepresentation, violations of state and federal securities laws, and elder abuse involving DST (Delaware Statutory Trusts) investments while Mr. Lykins was employed by Money Concepts Capital Corp. The Statement of Claim seeks a full investment refund plus compensatory, punitive, and treble damages, fees, and expenses (exact dollar amount not yet specified).
Information on Elder Financial Abuse
What is a Delaware Statutory Trust (DST) ?
Regulatory Action (Indiana). On March 23, 2009, Indiana entered a consent order resolving allegations that Mr. Lykins engaged in undisclosed outside business activity/selling away related to private/unregistered securities while with Woodbury Financial Services, Inc. Mr. Lykins agreed to $40,000 restitution to the purchaser for shares of Netwirth Communications LLC.
Tax Liens: Mr. Lykins reports two outstanding IRS tax liens: $81,431 (filed June 17, 2025) and $114,920 (filed January 30, 2020,).
Allegations of Broker Misconduct Against Tally D. Lykins
- Negligence and Breach of Contract
- Misrepresentation / Omission of Material Facts
- Elder Abuse
- Outside Business Activities / Selling Away
- Suitability
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Other Money Concepts Capital Brokers
If you have suffered investment losses in an account handled by Tally D. Lykins, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
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.