Our firm is investigating NYLIFE Securities LLC financial advisor John Kimbrough Taylor (CRD# 2024919) of Germantown, Tennessee for potential investment-related misconduct.
Financial Advisor’s Career History
According to FINRA BrokerCheck, John K. Taylor is currently associated with NYLIFE Securities LLC and has been registered with the firm since March 26, 1990. His BrokerCheck employment history lists NYLIFE Securities Inc. (investment-related) dating back to December 1989 (Memphis, Tennessee), and New York Life Insurance Company (non-investment related) dating back to March 1989 (Memphis, Tennessee). He also reported an outside business activity involving brokering non-registered insurance products (start date March 2003).
John Kimbrough Taylor Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck reflects one disclosed customer dispute for this broker.
2011 Customer Dispute Alleging Misrepresentation of a Variable Annuity
- Disclosure type: Customer Dispute (Settled)
- Allegation: Customer alleged the registered representative misrepresented a variable annuity policy purchased in September 2011
- Product: Annuity—Variable
- Alleged damages: $15,638.18
- Date complaint received: 09/28/2011
- Status / status date: Settled; 10/29/2011
- Settlement amount: $15,638.18 (reported as a refund)
- Individual contribution: $0.00
- Complaint format: Written complaint; not arbitration/civil litigation
FINRA BrokerCheck also includes a statement indicating the company resolved the matter by refunding the customer “the difference between the total premiums paid and the lower amount she actually received when she cancelled the policy.”
To obtain a copy of John Kimbrough Taylor’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2330 addresses deferred variable annuity sales-practice obligations and is particularly relevant when a complaint alleges misrepresentation of a variable annuity’s features. The rule applies to recommended purchases and exchanges of deferred variable annuities and includes requirements designed to ensure the customer is adequately informed about key aspects of the product (for example, fees and costs, surrender charges, and market risk) before the recommendation is made—issues that can be implicated when a customer claims the annuity was misrepresented.
FINRA Rule 2111 (Suitability) is commonly implicated in customer disputes tied to recommendations of complex products like variable annuities. In practice, suitability concerns may arise if the annuity recommendation (or the way it was explained) did not reasonably align with the customer’s investment profile, objectives, risk tolerance, and time horizon—factors that are central to Rule 2111’s customer-specific suitability obligation.
FINRA Rule 2010 requires firms and associated persons to observe “high standards of commercial honor and just and equitable principles of trade.” When a customer alleges a registered representative misrepresented a product, that allegation can implicate Rule 2010 because accurate, fair dealings and truthful communications are foundational expectations under this broad standards rule.
Losing your savings to a dishonest broker or advisor can be devastating, but you do not have to face it alone. Robert Wayne Pearce and his team have spent over four decades helping investors who were misled or defrauded by Wall Street firms. The Law Offices of Robert Wayne Pearce, P.A. takes cases nationwide on a contingency fee basis. You pay nothing unless we recover your losses. Call (800) 732-2889 or email pearce@rwpearce.com today for a free and confidential consultation.