Securities Lawyers Blog
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) former advisor Philip Nalesnik (Nalesnik), formerly associated with LPL Financial, LLC (LPL Financial) in Pottsville, Pennsylvania was terminated by the firm. In July 2018 Nalesnik was discharged after the firm claimed that he was in violation of firm policy regarding outside business activities and failed to timely and completely respond to firm inquiries.
In addition, Nalesnik has several reported tax liens including a $4,573 lien in September 2017 and a $7,847.61 lien in July 2012.
At this time it is unclear the nature or scope of the alleged OBAs and if such activity included private securities transactions. Nalesnik’s public disclosures show that he operated Ridgeview Wealth Management a d/b/a entity. In addition, Nalesnik owned Integrated Insurance Management LLC.