Last Updated: August 2025 – Seattle, WA
Here’s what you need to know about Seattle, WA, stockbroker Kirk Balin:
- Name:Kirk Mitchell Balin
- CRD Number: 4590715
- Current Employers:
- LPL Financial LLC(CRD# 6413), Seattle, WA — Registered since Dec 6, 2013
- Householder Group Estate & Retirement Specialists(CRD# 169045), Seattle, WA — Registered Investment Advisor since Dec 11, 2013
- Primary Office Address:9725 3rd Ave NE, Suite 201, Seattle, WA 98115
- Function: Stockbroker / Registered Investment Advisor
- Other Business Affilation: Manna Financial , Balin Financial Services
- Licensing Snapshot: Registered with 1 SRO; licensed in 18 U.S. states/territories including WA, OR, CA, TX, NY, and FL
- Exams Passed:Series 24 (Principal), Series 7 (General Securities), Series 63 & 66 (State Law), SIE Exam
- Highest Award or Settlement: $55,000
If you’ve sustained damages from Mr. Balin, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Kirk Balin As Your Stockbroker?
Kirk Balin has been named in multiple FINRA arbitration claims alleging unsuitable investment recommendations and breaches of fiduciary duty.
- July 2023 – FINRA Case No. 23-01980:
A customer of Householder Group Financial Advisors alleged that Balin recommended an unsuitable portfolio of investments from 2016–2023. Products included listed equities, insurance, money market funds, and real estate securities. The claim was settled inOctober 2023 for $55,000. - September 2018 – FINRA Case No. 18-03149:
A customer of LPL Financial alleged unsuitability and breach of fiduciary duty in connection with five investments, includingnon-traded REITs and a non-traded business development corporation. The case settled in May 2019 for $14,000, with no personal contribution from Balin.
Allegations of Broker Misconduct Against Kirk Mitchell Balin
Customers of Kirk Balin have alleged the following wrongdoing in connection with their accounts:
- Unsuitable Investment Recommendations— Claims assert Balin recommended investments inconsistent with client objectives and risk tolerance. This implicates FINRA Rule 2111 (Suitability).
- Breach of Fiduciary Duty— Customers allege he failed to act in their best interests, raising issues under Regulation Best Interest (Reg BI, Rule 15l-1(a)).
- Overconcentration in Alternative Investments— Disputes reference non-traded REITs and other illiquid products that carry high risk and limited liquidity.
Alternative Investments: Non-Traded REITs and Other Illiquid Products
Alternative investments are assets outside of traditional stocks, bonds, and cash. Common categories include hedge funds, private equity, real estate (such as non-traded REITs), commodities, and infrastructure projects.
- Higher Risk and Lower Liquidity:Unlike publicly traded securities, non-traded REITs and similar products are difficult to sell and may tie up investor money for years.
- Higher Fees:These products often carry steep commissions and management fees, reducing investor returns.
- Regulatory Concerns:FINRA has issued repeated guidance reminding brokers of their duty to conduct reasonable due diligence and to avoid overconcentration of client portfolios in illiquid alternatives.
For more information, see our LPL Financial Complaints – Investigations of LPL Brokers.
See this for more information on REITs and Other Alternative Investments
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Kirk Mitchell Balin, 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.