Last updated: September 2025 — Amarillo, TX
Here’s what you need to know if you invested with Tim Claypool a broker in Amarillo, Texas
- Name: Timothy Lee Claypool
- Alias: Tim Claypool, Tim Lee Claypool,
- Current Employer: Barred by FINRA from acting as a broker.
- Prior Firms: Northwestern Mutual Investment Services, LLC (2017–2021); Farmers Financial Solutions, LLC (2014–2017); Edward Jones (2010–2013); Raymond James Financial Services, Inc. (2004–2010); Merrill Lynch, Pierce, Fenner & Smith Incorporated (2004).
- Other Business Affiliations: Prior adjunct professor at Vista College
- CRD number: 4729794
- Stockbroker / Financial Advisor: Former FINRA-registered broker; has passed SIE (2018), Series 7 (2004), and Series 66 (2004).
- Can Broker be Sued in FINRA: Yes.
- Sanctioned by Securities Regulators: Yes
- Discloses Outstanding Liens: Yes
- Employment Separation after Allegations: Yes
If you’ve sustained damages from Mr. Claypool, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Timothy Claypool?
FINRA initiated an enforcement action in May 2023 (Case No. 2021073166102) alleging that Mr. Claypool failed to respond to FINRA requests for information. After a suspension notice, he did not request termination of the suspension within three months; as a result, FINRA barred him on August 28, 2023 from association with any FINRA member in all capacities.
In 2021 Tim Claypool was “permitted to resign” from Northwestern Mutual Investment Services while under review for potential unsuitable sales activity related to a variable annuity contract and potentially unsuitable and/or discretionary investment account trades in violation of firm policy, for the purpose of generating commissions. The internal review also identified that Claypool was involved in referring a customer to participate in a passive investment.
Outstanding Civil Judgment/Lien: $8,613 (Discover Bank), filed 08/15/2016, Randall JP Court 4, Amarillo, Texas — currently outstanding.
Other Cases Involving Unauthorized Trading
Discretionary vs. Non-Discretionary Accounts
How These Issues May Affect Investors
A FINRA bar means Mr. Claypool cannot associate with any FINRA member in any capacity. Investors who suffered losses tied to accounts he handled while he was associated with FINRA member firms may seek recovery through FINRA arbitration.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Northwestern Mutual Investment Services Brokers
If you have suffered investment losses in an account handled by Timothy Claypool, 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.