Daniel Benjamin Kistler, of Rome, Georgia, a stockbroker registered with Dempsey Lord Smith LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,001.00 in damages based upon allegations that Kistler failed to conduct due diligence and made the unsuitable investment recommendation of alterntive investments when Kistler was associated with Dempsey Lord Smith LLC. FINRA Arbitration No. 23-03083 (October 19, 2023).
This is not the first time that Kistler has been referenced in a customer initiated investment related dispute concerning Kistler’s conduct in the securities industry. FINRA Public Disclosure shows that Kistler is also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $85,000.00 in damages based upon allegations that Kistler breached his fiduciary duties, sold investments to customers who weren’t accredited investors, and was negligent in connection with the sale of direct investments during the time that Kistler was associated with Dempsey Lord Smith LLC. FINRA Arbitration No. 20-03334 (April 14, 2021).
Kistler was associated with Retirement Cash Flow Group LLC in Alpharetta, Georgia from April 2, 2019, to December 21, 2020. Kistler has been associated with Dempsey Lord Smith LLC in Rome, Georgia since October 13, 2016, as a stockbroker, and in Alpharetta, Georgia since September 18, 2017, as an investment advisor representative.
