Scottsdale Capital Advisors John Hurry, Tim Scarpino Excessive fees and poor customer service Internet
Beware! Scottsdale Capital charges excessive commisions in violation of FINRA rules.
I was charged commissions of over 20% on several trades. The legal limit a broker can charge is 5%. When I contacted John Hurry and demanded a refund of my commissions he told me that if "I did not like it" to move my account somewhere else. I will be filing a complaint with FINRA to try and recover my money.
1 Updates & Rebuttals
scarpino
Scottsdale,Arizona,
Timothy Scarpino
#2UPDATE EX-employee responds
Thu, January 09, 2014
My name is Timothy Scarpino, a former registered rep at Scottsdale Capital. With regards to the above complaint all I did was answer the phone and transfer the call to the broker of record. As I understand it the customer was not happy with his talk with his broker and decided to post this. Consequently he used the names of every person he talked to at our firm. I was not involved in deciding his fees or commissions. My only conversation with this customer was to answer his call and transfer him to his broker of record. I have nothing to do with this case. It's not fair I am lumped in with this report. I had nothing to do with it.