Last Updated: December 2025 — Honolulu, HI
Here’s what you need to know about Honolulu, HI stockbroker Marshall B. L. Lum:
- Name: Marshall B. L. Lum
- Alias: Marshal BL Lum
- Current Employer: Not currently registered as a broker
- Prior Firms:
- LPL Financial LLC (2012–2025, Honolulu, HI)
- Allstate Financial Services, LLC (2005–2012, Honolulu, HI)
- Source Capital Group, Inc. (2004–2005, Westport, CT)
- Morgan Stanley DW Inc. (1998–2002, Purchase, NY)
- Other Business Affiliations:
- High Tech Lending — Mortgage Loan Originator (Pearl City, HI)
- Hawaii Mortgage Resources — Mortgage Loan Originator
- Mortgage Hawaii LLC — Mortgage/Real Estate Services (Honolulu, HI)
- AFLAC & Allstate Workplace Division insurance sales
- LTCi Partners & Crump Life (insurance-related)
- CRD Number: 3142858
- Stockbroker / Financial Advisor: Former FINRA-registered broker; passed SIE, Series 7, Series 31, Series 63, and Series 65 exams
- Can Broker Be Sued in FINRA Arbitration? Yes
- Discharged by a Prior Employer: Yes
If you’ve sustained damages from Mr. Lum, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Marshall Lum as Your Stockbroker?
According to his FINRA BrokerCheck report, Marshall Lum was discharged by LPL Financial LLC in September 2025, after the firm alleged that he accepted instructions and orders for a custodial account without proper authorization and used an unapproved messaging application to send business-related communications, including non-public customer information and trade instructions.
These activities can violate FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) and FINRA Rule 4511 (Books and Records Requirements), as well as SEC regulations governing the safeguarding of customer information.
Allegations of Broker Misconduct Against Marshall B. Lum
- Use of Unapproved Communications Platforms
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Marshall B. Lum, 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.