Last Updated: October 2023 (Kemah, Texas)
Williams Keen Butcher Investigation Summary
Here’s what you need to know about Kemah, TX, stockbroker Keen Butcher:
- Name: Mr. Williams Keen Butcher
- Current Employer: Independent Financial Group LLC, Independent Financial Group (RIA)
- DBA: Butcher Financial LLC
- Previous Firms: International Assets Advisory
- Function: Stock Broker/ Financial Advisor/Registered Investment Advisor
- Aliases: Keen Butcher
- Primary Location: Kemah, Texas
- CRD 2098675
- Can Keen Butcher be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement : $62,500
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Williams Keen Butcher As Your Stockbroker?
A customer of International Assets Advisory was paid $62,500 in 2/2021 to resolve a FINRA arbitration which alleged that Keen Butcher violated state securities and consumer protection statutes and breached his fiduciary duty to the customer.
In 3/2022 a customer of International Assets Advisory made a customer complaint alleging that Keen Butcher did not execute a sell order in a timely fashion breaching his fiduciary duty and causing damages of $160,000. The company ‘denied’ the customer claim and apparently the customer did not pursue the matter further.
Allegations of Broker Misconduct Against Williams Keen Butcher
Customers of Keen Butcher have alleged the following wrongdoing in connection with the handling of customer accounts:
- Violated state securities and consumer protection statutes and breached his fiduciary duty to the customer
- Did not follow instructions to execute sell order resulting in losses
Has Your Brokerage Firm “Denied” Your Claim for Damages Due to Stockbroker Malpractice?
It is quite common, as well as predictable, for brokerage firms to deny a customer’s complaint made directly to the company. Firms know that in many, if not most, instances telling the customer “we don’t think it’s our fault” will be an end to the problem. In other words, it’s generally a waste of your time to sit down with the office manager & the broker.
They seldom, if ever, offer any resolution or if they do, will attempt to have you resolve your case for a fraction of what it is actually worth.
We suggest that if you think there is a problem with the way your account has been handled, or if you have had your claim “denied”, talk to an experienced securities attorney.
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 Keen Butcher, 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.
