Last Updated: December 2023 (Tampa, Florida)
Bill Godfrey Investigation Summary
Here’s what you need to know about Tampa, FL, stockbroker Bill Godfrey :
- Name: Mr. William Wade Godfrey
- Current Employer: FINRA has barred this broker
- Previous Firms: OneAmerica Securities, Thrivent Investment Management, Equitable Advisors
- Function: Stock Broker/ Financial Advisor
- Aliases: Bill Godfrey
- Primary Location: Tampa, FL
- CRD 2447660
- Can Bill Godfrey be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Discharged by a prior employer: Yes
- Highest Settlement or Award: $15,298
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Bill Godfrey As Your Stockbroker?
Bill Godfrey was barred by FINRA in 12/2023 after he refused to appear for on the record testimony in a FINRA investigation commenced after he was terminated by Thrivent Investment Management as a result of submitting variable annuity applications with materially inaccurate information on disclosure forms.
In 2022 a customer of Thrivent was paid $15,298 to resolve allegations that Bill Godfrey misrepresented the amount of surrender charges on a variable annuity.
Allegations of Broker Misconduct Against Bill Godfrey
A customer of Bill Godfrey has alleged the following wrongdoing in connection with the handling of customer accounts:
- Misrepresented features and risks of variable annuity
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Bill Godfrey, 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.
