Bad Broker

Percival Financial Partners Cancelled for Failure to Pay FINRA Fees

2025-07-22

My Bad Broker

According to FINRA, Percival Financial Partners, LTD. of Columbia, Maryland had its FINRA membership cancelled on July 22, 2025, for failure to pay FINRA dues, fees, and other charges pursuant to FINRA Rule 9553.

FINRA membership requires firms to pay various dues and fees that support regulatory operations. When firms fail to meet these financial obligations, FINRA can suspend or cancel their membership.

The cancellation of Percival Financial Partners' membership means the firm is no longer authorized to conduct securities business as a FINRA member. This affects the firm's ability to operate and serve customers.

Investors who had accounts with Percival Financial Partners should have received notification about the membership cancellation and instructions for transferring their accounts. Customer assets held in securities accounts are typically protected by SIPC (Securities Investor Protection Corporation) coverage, which provides limited protection if a brokerage firm fails.

If you were a customer of Percival Financial Partners and have not received information about your account, contact FINRA's investor complaint center for assistance.

While failure to pay fees may seem like an administrative matter, it can indicate broader financial difficulties at a firm. Firms that cannot meet their regulatory obligations may also struggle to meet obligations to customers.

This case serves as a reminder that investors should periodically verify their broker-dealer's regulatory status. FINRA BrokerCheck provides current information about firm registration and any regulatory actions. Changes in a firm's status can affect customers, and staying informed helps investors protect their interests.

Violation :

Failure to pay FINRA dues and fees

Tags :

Percival Financial Partners LTD.,
MD
CRD Number : 41813

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