Last Updated: October 2023 (Horsham, PA)
Michael Sharp Investigation Summary
Here’s what you need to know about Horsham, PA, stockbroker Michael Sharp:
- Name: Mr. Michael Howard Sharp
- Current Employer: J. Alden Associates, The Sharp Financial Group (RIA)
- DBA: Sharp Accounting & Tax LLC
- Previous Firms: BA Securities, Purshe Kaplan Sterling Investments, H.D. Vest Investment Services
- Function: Stock Broker/ Financial Advisor/Registered Investment Advisor
- Aliases: Michael Sharp
- Primary Location: Horsham, PA
- CRD 2948922
- Can Michael Sharp be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of Unspecified Amount
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Michael Sharp As Your Stockbroker?
In 2021 a customer of Avantax Investment Services filed a FINRA arbitration alleging that the alternative investments sold to them by Michael Sharp were misrepresented and not suitable. A damage amount is not yet specified in this currently pending matter.
Allegations of Broker Misconduct Against Michael Sharp
Customers of Michael Sharp have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to purchase alternative investments
- Misrepresentations
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
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 Michael Sharp, contact us for a complimentary consultation with an experience 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.
