George Mauae Purdy, of Tulsa, Oklahoma, a stockbroker registered with Cetera Investment Services LLC, was the subject of a customer initiated investment related complaint that settled on April 9, 2025, for $14,300.00 in damages based upon allegations that Purdy made misrepresentations of material fact in connection with the purchase of the “wrong” Certificate of Deposit or CD when Purdy was associated with Cetera Investment Services LLC.
This is not the first time that Purdy has been referenced in a customer initiated investment related dispute concerning Purdy’s conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Purdy was also referenced in a customer initiated investment related complaint that was settled on July 6, 2024, for $9,519.32 in damages based upon allegations that Purdy failed to execute a stop loss order concerning mutual funds when Purdy was associated with Cetera Investment Services LLC.
Purdy was associated with AE Wealth Management LLC in Honolulu, Hawaii from April 22, 2020 to October 20, 2021. On October 7, 2021, AE Wealth Management discharged Purdy based upon allegations that Purdy violated company procedures and policies and violated an investment adviser representative agreement.
Purdy was associated with Cetera Investment Advisers LLC in Kailua Kona, Hawaii from December 14, 2022 to December 31, 2024, and Cetera Investment Services LLC in Kailua Kona, Hawaii from October 27, 2022 to December 31, 2024. He has been associated with Cetera Advisor Networks LLC in Tulsa, Oklahoma since January 13, 2025, and Cetera Investment Advisers LLC in Tulsa, Oklahoma since January 24, 2025.
