Last Updated: January 2026 — Fargo, North Dakota
Here’s what you need to know about Fargo, ND stockbroker Phil Condit:
- Name: Philip Gordon Condit
- Current Employer: Condit Wealth Management as registered investment advisor. Not currently registered with a FINRA-member broker-dealer
- Prior Firms:
- LPL Financial LLC (11/2017 – 01/2026)
- National Planning Corporation (11/2006 – 11/2017)
- FSC Securities Corporation (05/1994 – 11/2006)
- Other Business Affiliations:
- Condit Capital Management Co. – Investment advisory and insurance-related activities
- Condit CPAs and Advisors PC – Tax preparation and accounting (President)
- Northern Tax Resolution, Inc. – Tax preparation and accounting
- Condit Wealth Management Co. – Registered Investment Adviser
- Condit Properties, LLC – Real estate rental
- CRD Number: 2489945
- Stockbroker / Financial Advisor: Yes
- Can Broker be Sued in FINRA: Yes
- Discharged by a Prior Employer: Yes
If you’ve sustained damages from Mr. Condit, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Phil Condit as Your Stockbroker?
Mr. Condit was discharged by LPL Financial LLC in November 2025, for failing to disclose and obtain prior approval for participation in a prohibited outside business activity (“selling away”).
Failure to disclose or obtain approval for outside business activities can raise concerns under FINRA Rule 3270 (Outside Business Activities of Registered Persons), which requires brokers to provide prior written notice to their firm of any outside business activities.
Allegations of Broker Misconduct Against Phil Condit
- Failure to disclose outside business activities
- Participation in prohibited outside business activity without firm approval
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 Philip Gordon Condit, 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.