MARK THOMAS LAMKIN · MARK T. LAMKIN CRD# 2121510 Currently employed by and registered with the following Firm(s): CALTON & ASSOCIATES, INC. 901 Lily Creek Rd Suite 102 Louisville,

BrokerCheck Report

MARK THOMAS LAMKIN

Section Title

Report Summary

Broker Qualifications

Registration and Employment History

Disclosure Events

CRD# 2121510

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2 - 3

5 - 6

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Page(s)

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MARK T. LAMKIN

CRD# 2121510

Currently employed by and registered with thefollowing Firm(s):

CALTON & ASSOCIATES, INC.901 Lily Creek RdSuite 102Louisville, KY 40243CRD# 20999Registered with this firm since: 12/07/2018

IA

CALTON & ASSOCIATES, INC.901 Lily Creek RdSuite 102Louisville, KY 40243CRD# 20999Registered with this firm since: 12/10/2018

B

Report Summary for this Broker

This report summary provides an overview of the broker's professional background and conduct. Additionalinformation can be found in the detailed report.

Disclosure Events

All individuals registered to sell securities or provideinvestment advice are required to disclose customercomplaints and arbitrations, regulatory actions,employment terminations, bankruptcy filings, andcriminal or civil judicial proceedings.

Are there events disclosed about this broker? Yes

The following types of disclosures have beenreported:

Type Count

Regulatory Event 2

Customer Dispute 3

Termination 2


This broker is registered with:

1 Self-Regulatory Organization

4 U.S. states and territories

This broker has passed:

1 Principal/Supervisory Exam

3 General Industry/Product Exams

2 State Securities Law Exams

Registration History

This broker was previously registered with thefollowing securities firm(s):

AE WEALTH MANAGEMENT, LLCCRD# 282580TOPEKA, KS09/2018 - 09/2018

IA

LPL FINANCIAL LLCCRD# 6413FORT MILL, SC08/2001 - 09/2018

IA

LPL FINANCIAL LLCCRD# 6413LOUISVILLE, KY02/2001 - 09/2018

B

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1�2021 FINRA. All rights reserved. Report about MARK T. LAMKIN.


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Registrations

This section provides the self-regulatory organizations (SROs) and U.S. states/territories the broker is currently registered and licensed with, thecategory of each license, and the date on which it became effective. This section also provides, for every brokerage firm with which the broker iscurrently employed, the address of each branch where the broker works.

This individual is currently registered with 1 SRO and is licensed in 4 U.S. states and territories through his or her employer.

Employment 1 of 1Firm Name:

Main Office Address:

Firm CRD#:

CALTON & ASSOCIATES, INC.

20999

2701 N. ROCKY POINT DRIVESUITE 1000TAMPA, FL 33607

SRO Category Status Date

B FINRA General Securities Representative APPROVED 12/10/2018

B FINRA Invest. Co and Variable Contracts APPROVED 12/10/2018

BU.S. State/ Territory Category Status Date

B Indiana Agent APPROVED 02/20/2019

IA Kentucky Investment Adviser Representative APPROVED 12/07/2018

B Kentucky Agent APPROVED 12/13/2018

B Oklahoma Agent APPROVED 03/18/2019

B Rhode Island Agent APPROVED 12/14/2018

Branch Office Locations

CALTON & ASSOCIATES, INC.901 Lily Creek RdSuite 102Louisville, KY 40243





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Industry Exams this Broker has Passed

This individual has passed 1 principal/supervisory exam, 3 general industry/product exams, and 2 state securities law exams.

This section includes all securities industry exams that the broker has passed. Under limited circumstances, a broker may attain a registrationafter receiving an exam waiver based on exams the broker has passed and/or qualifying work experience. Any exam waivers that the broker hasreceived are not included below.

Exam Category Date

Principal/Supervisory Exams

General Securities Principal Examination 04/20/2001Series 24B

Exam Category Date

General Industry/Product Exams

Securities Industry Essentials Examination 09/14/2018SIEB

General Securities Representative Examination 06/17/1994Series 7B

Investment Company Products/Variable Contracts RepresentativeExamination

02/04/1991Series 6B

Exam Category Date

State Securities Law Exams

Uniform Investment Adviser Law Examination 08/01/2001Series 65IA

Uniform Securities Agent State Law Examination 02/21/1991Series 63B

Additional information about the above exams or other exams FINRA administers to brokers and other securities professionals can be found atwww.finra.org/brokerqualifications/registeredrep/.





www.finra.org/brokerqualifications/registeredrep/



Professional Designations

This section details that the representative has reported 0 professional designation(s).

No information reported.







Registration History

Registration Dates Firm Name CRD# Branch Location

The broker previously was registered with the following firms:

IA 09/2018 - 09/2018 AE WEALTH MANAGEMENT, LLC 282580 LOUISVILLE, KY

IA 08/2001 - 09/2018 LPL FINANCIAL LLC 6413 LOUISVILLE, KY

B 02/2001 - 09/2018 LPL FINANCIAL LLC 6413 LOUISVILLE, KY

B 06/1994 - 01/2001 PNC BROKERAGE CORP 34671 PITTSBURGH, PA

B 10/1991 - 05/1994 GNA SECURITIES, INC. 10465 RICHMOND, VA

B 02/1991 - 10/1991 EQUICO SECURITIES, INC. 6627 NEW YORK, NY

B 02/1991 - 10/1991 THE EQUITABLE LIFE ASSURANCESOCIETY OF THE UNITED STATES

4039 NEW YORK, NY

Employment History

Employment Employer Name Investment RelatedPosition Employer Location

This section provides up to 10 years of an individual broker's employment history as reported by the individual broker on the most recently filedForm U4.

Please note that the broker is required to provide this information only while registered with FINRA or a national securities exchangeand the information is not updated via Form U4 after the broker ceases to be registered. Therefore, an employment end date of"Present" may not reflect the broker's current employment status.

12/2018 - Present Calton & Associates, Inc. Investment AdvisorRepresentative

Y Louisville, KY, United States

10/2003 - Present LAMKIN WEALTH MANAGEMENT FOUNDER Y LOUISVILLE, KY, UnitedStates

09/2018 - 11/2018 AE WEALTH MANAGEMENT INVESTMENTADVISERREPRESENTATIVE

Y TOPEKA, KS, United States

01/2001 - 09/2018 LPL FINANCIAL LLC REGISTEREDREPRESENTATIVE

Y LOUISVILLE, KY, UnitedStates







Other Business Activities

This section includes information, if any, as provided by the broker regarding other business activities the broker is currently engaged in either asa proprietor, partner, officer, director, employee, trustee, agent or otherwise. This section does not include non-investment related activity that isexclusively charitable, civic, religious or fraternal and is recognized as tax exempt.

No. 1) Name of Business: Lamkin Wealth Management, LLC. Non-Investment related. Address: 901 Lily Creek Road, Suite 102, Louisville, KY40243. Nature of Business: DBA for RIA. Position/Title/Relationship: IAR of RIA of Calton. Hours per month: 160. Hours per month duringSecurities trading hours: 100%. Duties/Responsibilities: IRA of RIA of Calton.No. 2) Name of Business: Hurstbourne Bearno's LLC DBA Bearno's 502. Non-Investment related. Address: 855 South Hurstbourne Parkway,Louisville, KY 40222. Nature of Business: Sports bar. Position/Title/Relationship: Partner. Start Date: 07/31/2017. Hours per month: 1. Hours permonth during Securities trading hours: 0. Duties/Responsibilities: Silent investor.No. 3) Name of Business: Jeffersontown Bearno's LLC. Non-Investment related. Address: 10212 Taylorsville Road, Louisville, KY 40299. Natureof Business: DBA for Pizza Store. Position/Title/Relationship: Partner. Hours per month: 1. Hours per month during Securities trading hours: 0.Duties/Responsibilities: I am a minority owner of this business.No. 4) Name of Business: Lamkin Lletdke Properties. Non-Investment related. Address: 901 Lily Creek Road Louisville, KY 40243. Nature ofBusiness: Building Space. Position/Title/Relationship: Partner. Hours per month: 1. Hours per month during Securities trading hours: 0.Duties/Responsibilities: Own the building and operate the business within the building.No. 5) Name of Business: Millionaires roadmap book. Non-Investment related. Address: 702 Rugby Place, Louisville, KY 40222. Nature ofBusiness: Book. Position/Title/Relationship: Owner. Hours per month: 0. Hours per month during Securities trading hours: 0.Duties/Responsibilities: No duties. Still have a few copies left.No. 6) Name of Business: Louisville Wealth Management, LLC. Investment related. Address: 901 Lily Creek Road, Suite 102, Louisville, KY40243. Nature of Business: Fixed Insurance. Position/Title/Relationship: Owner. Start Date: 01/01/2010. Hours per month: 0. Hours per monthduring Securities trading hours: 0. Duties/Responsibilities: I used to sell life insurance through this via my relationship with LPL.No. 7) Name of Business: Advisor Excel. Investment related. Address: 901 Lily Creek, Louisville, KY 40222. Nature of Business: Fixed IndexedAnnuities, Index life and fixed annuities. Position/Title/Relationship: Agent. Hours per month: 10. Hours per month during Securities trading hours:2. Duties/Responsibilities: I used advisor excel marketing, seminar expertise and annuity volume to give me the best programs and products andproducts in the country to use for my client base.No. 8) Name of Business: Liberty banker's life. Investment related. Address: 901 Lily Creek, Louisville, KY 40222. Nature of Business: 3 year fixedannuity. Position/Title/Relationship: Agent. Start Date: 05/2019. Hours per month: 1. Hours per month during Securities trading hours: 1.Duties/Responsibilities: No duties, just another option for clients.






Disclosure Events

What you should know about reported disclosure events:

1. All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations,regulatory actions, employment terminations, bankruptcy filings, and criminal or civil judicial proceedings.

2. Certain thresholds must be met before an event is reported to CRD, for example: o A law enforcement agency must file formal charges before a broker is required to disclose a particular criminal event. o A customer dispute must involve allegations that a broker engaged in activity that violates certain rules or conduct governing the

industry and that the activity resulted in damages of at least $5,000. o

3. Disclosure events in BrokerCheck reports come from different sources: o As mentioned at the beginning of this report, information contained in BrokerCheck comes from brokers, brokerage firms and

regulators. When more than one of these sources reports information for the same disclosure event, all versions of the event willappear in the BrokerCheck report. The different versions will be separated by a solid line with the reporting source labeled.

o4. There are different statuses and dispositions for disclosure events:

o A disclosure event may have a status of pending, on appeal, or final.§ A "pending" event involves allegations that have not been proven or formally adjudicated.§ An event that is "on appeal" involves allegations that have been adjudicated but are currently being appealed.§ A "final" event has been concluded and its resolution is not subject to change.

o A final event generally has a disposition of adjudicated, settled or otherwise resolved.§ An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter, or (2) an administrative

panel in an action brought by a regulator that is contested by the party charged with some alleged wrongdoing.§ A "settled" matter generally involves an agreement by the parties to resolve the matter. Please note that brokers and

brokerage firms may choose to settle customer disputes or regulatory matters for business or other reasons.§ A "resolved" matter usually involves no payment to the customer and no finding of wrongdoing on the part of the

individual broker. Such matters generally involve customer disputes.

For your convenience, below is a matrix of the number and status of disclosure events involving this broker. Further informationregarding these events can be found in the subsequent pages of this report. You also may wish to contact the broker to obtain furtherinformation regarding these events.

Final On AppealPending

Regulatory Event 1 1 0

Customer Dispute 0 3 N/A

Termination N/A 2 N/A






Disclosure Event Details

When evaluating this information, please keep in mind that a discloure event may be pending or involve allegations that are contested and havenot been resolved or proven. The matter may, in the end, be withdrawn, dismissed, resolved in favor of the broker, or concluded through anegotiated settlement for certain business reasons (e.g., to maintain customer relationships or to limit the litigation costs associated with disputingthe allegations) with no admission or finding of wrongdoing.

This report provides the information exactly as it was reported to CRD and therefore some of the specific data fields contained in the report maybe blank if the information was not provided to CRD.

Regulatory - Final

This type of disclosure event may involve (1) a final, formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulatory such as the Securities and Exchange Commission, foreign financial regulatory body) for a violation ofinvestment-related rules or regulations; or (2) a revocation or suspension of a broker's authority to act as an attorney, accountant, or federalcontractor.

Disclosure 1 of 1

Reporting Source: Regulator

Regulatory Action InitiatedBy:

FINRA

Sanction(s) Sought: Other: N/A

Date Initiated: 03/30/2020

Docket/Case Number: 2018057964201

Employing firm when activityoccurred which led to theregulatory action:

LPL Financial LLC

Product Type: No Product

Allegations: Without admitting or denying the findings, Lamkin consented to the sanctions andto the entry of findings that he borrowed a total of $1,265,000 from a customerwhose account he serviced without notifying his member firm or obtaining itswritten approval. The findings stated that Lamkin's customer was a longtime friendwho was also a customer of the firm. The first loan in the amount of $740,000, wasmade via a promissory note signed by Lamkin's wife and secured by a mortgageidentifying Lamkin and his wife as the borrowers and signed by both. That loan hasbeen repaid in full. The second loan, in the amount of $250,000, was negotiatedbetween Lamkin and the customer and memorialized by a note signed by Lamkin'swife. The third loan, in the amount of $275,000, was made to an LLC of whichLamkin was a member and initially was memorialized by a note signed by Lamkinand his business partner. While the second and third loans have not been repaid infull, they are currently in repayment. The customer was not Lamkin's familymember and the firm's WSPs prohibited registered representatives from borrowingmoney from a customer unless the customer was a family member. The findingsalso stated that in annual compliance questionnaires Lamkin falsely affirmed thatneither he nor any related person or entity had borrowed or loaned any money orsecurities from or to another individual or entity.





https://www.finra.org/rules-guidance/oversight-enforcement/finra-disciplinary-actions?search=2018057964201


Without admitting or denying the findings, Lamkin consented to the sanctions andto the entry of findings that he borrowed a total of $1,265,000 from a customerwhose account he serviced without notifying his member firm or obtaining itswritten approval. The findings stated that Lamkin's customer was a longtime friendwho was also a customer of the firm. The first loan in the amount of $740,000, wasmade via a promissory note signed by Lamkin's wife and secured by a mortgageidentifying Lamkin and his wife as the borrowers and signed by both. That loan hasbeen repaid in full. The second loan, in the amount of $250,000, was negotiatedbetween Lamkin and the customer and memorialized by a note signed by Lamkin'swife. The third loan, in the amount of $275,000, was made to an LLC of whichLamkin was a member and initially was memorialized by a note signed by Lamkinand his business partner. While the second and third loans have not been repaid infull, they are currently in repayment. The customer was not Lamkin's familymember and the firm's WSPs prohibited registered representatives from borrowingmoney from a customer unless the customer was a family member. The findingsalso stated that in annual compliance questionnaires Lamkin falsely affirmed thatneither he nor any related person or entity had borrowed or loaned any money orsecurities from or to another individual or entity.

Current Status: Final

Resolution: Acceptance, Waiver & Consent(AWC)

Resolution Date: 03/30/2020

Sanctions Ordered:

Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct?

No

Civil and Administrative Penalty(ies)/Fine(s)Suspension

If the regulator is the SEC,CFTC, or an SRO, did theaction result in a finding of awillful violation or failure tosupervise?

No

(1) willfully violated anyprovision of the SecuritiesAct of 1933, the SecuritiesExchange Act of 1934, theInvestment Advisers Act of1940, the InvestmentCompany Act of 1940, theCommodity Exchange Act, orany rule or regulation underany of such Acts, or any ofthe rules of the MunicipalSecurities Rulemaking Board,or to have been unable tocomply with any provision ofsuch Act, rule or regulation?

(2) willfully aided, abetted,counseled, commanded,induced, or procured theviolation by any person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any of suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board? or






(2) willfully aided, abetted,counseled, commanded,induced, or procured theviolation by any person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any of suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board? or

(3) failed reasonably tosupervise another personsubject to your supervision,with a view to preventing theviolation by such person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board?

Capacities Affected: All capacities

Duration: Three months

Start Date: 04/20/2020

End Date: 07/19/2020

Sanction 1 of 1

Sanction Type: Suspension






Monetary Related Sanction: Civil and Administrative Penalty(ies)/Fine(s)

Total Amount: $7,500.00

Portion Levied againstindividual:

$7,500.00

Date Paid by individual:

Was any portion of penaltywaived?

No

Amount Waived:

Monetary Sanction 1 of 1

Payment Plan:

Is Payment Plan Current:

iReporting Source: Broker


FINRA

Sanction(s) Sought: Other: N/A


Docket/Case Number: 2018057964201


LPL Financial LLC


Allegations: Without admitting or denying the findings, Lamkin consented to the sanctions andto the entry of findings that he borrowed a total of $1,265,000 from a customerwhose account he serviced without notifying his member firm or obtaining itswritten approval. The findings stated that Lamkin's customer was a longtime friendwho was also a customer of the firm. The first loan in the amount of $740,000, wasmade via a promissory note signed by Lamkin's wife and secured by a mortgageidentifying Lamkin and his wife as the borrowers and signed by both. That loan hasbeen repaid in full. The second loan, in the amount of $250,000, was negotiatedbetween Lamkin and the customer and memorialized by a note signed by Lamkin'swife. The third loan, in the amount of $275,000, was made to an LLC of whichLamkin was a member and initially was memorialized by a note signed by Lamkinand his business partner. While the second and third loans have not been repaid infull, they are currently in repayment. The customer was not Lamkin's familymember and the firm's WSPs prohibited registered representatives from borrowingmoney from a customer unless the customer was a family member. The findingsalso stated that in annual compliance questionnaires Lamkin falsely affirmed thatneither he nor any related person or entity had borrowed or loaned any money orsecurities from or to another individual or entity.





https://www.finra.org/rules-guidance/oversight-enforcement/finra-disciplinary-actions?search=2018057964201


Without admitting or denying the findings, Lamkin consented to the sanctions andto the entry of findings that he borrowed a total of $1,265,000 from a customerwhose account he serviced without notifying his member firm or obtaining itswritten approval. The findings stated that Lamkin's customer was a longtime friendwho was also a customer of the firm. The first loan in the amount of $740,000, wasmade via a promissory note signed by Lamkin's wife and secured by a mortgageidentifying Lamkin and his wife as the borrowers and signed by both. That loan hasbeen repaid in full. The second loan, in the amount of $250,000, was negotiatedbetween Lamkin and the customer and memorialized by a note signed by Lamkin'swife. The third loan, in the amount of $275,000, was made to an LLC of whichLamkin was a member and initially was memorialized by a note signed by Lamkinand his business partner. While the second and third loans have not been repaid infull, they are currently in repayment. The customer was not Lamkin's familymember and the firm's WSPs prohibited registered representatives from borrowingmoney from a customer unless the customer was a family member. The findingsalso stated that in annual compliance questionnaires Lamkin falsely affirmed thatneither he nor any related person or entity had borrowed or loaned any money orsecurities from or to another individual or entity.

Current Status: Final

Resolution: Acceptance, Waiver & Consent(AWC)

Resolution Date: 03/30/2020

Sanctions Ordered:

Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct?

No

Civil and Administrative Penalty(ies)/Fine(s)Suspension

Capacities Affected: All Capacities

Duration: Three Months

Start Date: 04/20/2020

End Date: 07/19/2020

Sanction 1 of 1

Sanction Type: Suspension

Monetary Related Sanction: Civil and Administrative Penalty(ies)/Fine(s)

Total Amount: $7,500.00

Portion Levied againstindividual:

$7,500.00

Date Paid by individual:

Was any portion of penaltywaived?

No

Amount Waived:

Monetary Sanction 1 of 1

Payment Plan:

Is Payment Plan Current:






Broker Statement "Finra did a great job in their investigation and i fully admit to arranging a loan froma long time friend that i mistakenly believed was exempt from FINRA guidelines.They are 100% correct in their findings and to this day, the friend is a client andfully supports our arrangement and agreement."

Amount Waived:






Regulatory - Pending

This type of disclosure event involves a pending formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulatory agency such as the Securities and Exchange Commission, foreign financial regulatory body) for allegedviolations of investment-related rules or regulations.

Disclosure 1 of 1

Reporting Source: Broker


Common Wealth of Kentucky Public Protection Cabinet Department of FinancialInstitutions

Sanction(s) Sought: Revocation


Docket/Case Number: 2019-AH-00015


LPL


Allegations: Receiving compensation for BD & advisory services that he was not entitled toreceive / commission sharing.

Current Status: Pending

Broker Statement Mark Lamkin has requested a hearing.

Action Appealed To: Common Wealth of Kentucky

Date Appeal filed: 06/06/2019

Appeal Limitation Details:






Customer Dispute - Settled

This type of disclosure event involves a consumer-initiated, investment-related complaint, arbitration proceeding or civil suit containing allegationsof sale practice violations against the broker that resulted in a monetary settlement to the customer.

Disclosure 1 of 3

Reporting Source: Firm

Employing firm whenactivities occurred which ledto the complaint:

Allegations:

LPL Financial LLC

Customer alleges misrepresentation and unsuitable investment recommendations.

Product Type: Other: REIT

Alleged Damages: $150,000.00

Date Complaint Received: 04/01/2019

Complaint Pending? No

Status:

Status Date: 08/13/2019

Settlement Amount:

Individual ContributionAmount:

Date Notice/Process Served: 08/13/2019

Arbitration Pending? No

Disposition: Settled

Disposition Date: 10/23/2020

Customer Complaint Information

Arbitration Information

Evolved into Arbitration/CFTC reparation (the individual is a named party)

Is this an oral complaint? No

Is this a written complaint? Yes

Is this an arbitration/CFTCreparation or civil litigation?

No

Arbitration/CFTC reparationclaim filed with (FINRA, AAA,CFTC, etc.):

FINRA

Docket/Case #: 19-02277







Monetary CompensationAmount:

$17,768.04

Firm Statement Broker Lamkin contributed $4999 to settlement.


$4,999.00



Allegations:

LPL Financial LLC

Customer alleges misrepresentation and unsuitable investment recommendations.

Product Type: Real Estate Security




Status:


Settlement Amount:



Arbitration Information

Evolved into Arbitration/CFTC reparation (the individual is a named party)

Alleged Damages AmountExplanation (if amount notexact):

Damage amount LPL filed on their filing.




No


FINRA






Date Notice/Process Served: 08/13/2019

Arbitration Pending? No

Disposition: Settled


Monetary CompensationAmount:

$17,768.04

Broker Statement I was named in this arbitration because the Advisor that sold the securities workedwithin my office. I was not part of the settlement nor its negotiations, I only agreedto pay LPL (in April of 2020) $4999. This was to defray ongoing defense/legalexpenses and because LPL told me in an email that I would be dismissed from thiscase. LPL did not follow proper protocol and advise me or FINRA that theyconcluded a settlement nor the amount of the settlement (possibly because theytold me I would be dismissed?). LPL notified me and FINRA on 01/25/2021 thatthey settled this matter back in October of 2020 and also the amount LPLpurportedly paid to settle. I still believe this should not be on my record as I did notsell the securities to the claimant or settle with the claimant.


$4,999.00


FINRA

Docket/Case #: 19-02277

Disclosure 2 of 3

i



Allegations:

LPL Financial LLC

Customer alleges that the advisor misrepresented an annuity based on thepromise that principal in the annuity would be safe.

Product Type: Other: Index Annuity

Alleged Damages: $0.00


over $5,000

Is this an oral complaint?17�2021 FINRA. All rights reserved. Report about MARK T. LAMKIN.







Status:


Settlement Amount: $15,000.00


$0.00


Settled




No



Allegations:

LPL Financial LLC

Misrepresentation

Product Type: Other: Index Annuity

Alleged Damages: $0.00



Status:



LPL has determined damages over $5,000.




No






Status:




$0.00

Broker Statement I personally handled the client' accounts for many years and vehemently denythese allegations. The clients completely understood this product and only afterattending a dinner seminar, the client told me and I quote, " the annuity salesmanis going to write a letter to see if I can get my money back because I am not happywith the performance". Going further, LPL Financial, in an further attempt todiscredit me, settled this claim without discussing this issue with me in anymanner.

Settled

Disclosure 3 of 3

i



Allegations:

LPL FINANCIAL LLC

CUSTOMER ALLEGES EXCESSIVE SELLING OF ANNUITIES,MISREPRESENTING OR FAILING TO DISCLOSE MATERIAL FACTS,UNSUITABILITY OF PRODUCTS, AND ALTERATION OF ACCOUNT PROFILES.

Product Type: Annuity-VariableReal Estate Security




Status:


Settlement Amount:


Settled




No








$0.00



Allegations:

LPL FINANCIAL LLC

CUSTOMER ALLEGES EXCESSIVE SELLING OF ANNUITIES,MISREPRESENTING OR FAILING TO DISCLOSE MATERIAL FACTS,UNSUITABILITY OF PRODUCTS AND ALTERATION OF ACCOUNT PROFILES.

Product Type: Annuity-VariableReal Estate Security




Status:




$0.00

Broker Statement This complaint is utterly meritless. The only specific transactions identified in thecomplaint were made long after I had ceased all personal interactions with thecustomer, and had handed her off to other LPL RRs. The complaint itself waslodged over seven years after my last personal communication with the customer.I suspect that LPL urged the customer to submit the complaint against me, as partof its efforts to interfere with my business following my separation from the firm


Settled




No






Employment Separation After Allegations

This type of disclosure event involves a situation where the broker voluntarily resigned, was discharged, or was permitted to resign after beingaccused of (1) violating investment-related statutes, regulations, rules or industry standards of conduct; (2) fraud or the wrongful taking ofproperty; or (3) failure to supervise in connection with investment-related statutes, regulations, rules, or industry standards of conduct.

Disclosure 1 of 2


Employer Name: LPL Financial LLC

Termination Type: Discharged

Termination Date: 08/17/2018

Allegations: Allegations that advisor received and/or benefitted from loans from Firmcustomers, failed to disclose and inadequately disclosed outside businessactivities, and personally engaged in and solicited other investors to participate inprivate investments without obtaining Firm approval.



Employer Name: LPL Financial LLC

Termination Type: Discharged


Allegations: Allegations that advisor received and/or benefitted from loans from Firmcustomers, failed to disclose and inadequately disclosed outside businessactivities, and personally engaged in and solicited other investors to participate inprivate investments without obtaining Firm approval. Under internal review todetermine whether (1) engaged in activities requiring association and registrationwith a member firm while not associated or registered in such capacity includingcommunicating with customers regarding securities and account holdings andproviding account statements and activity information to customers and (2)received commissions and/or advisory fee monies while not associated orregistered in such capacity.


Broker Statement I deny all of the allegations made by LPL, and will contest them vigorously. Theseallegations have been conjured up by LPL as a subterfuge, to justify its efforts todamage my reputation and, as a result, take my customers.

Disclosure 2 of 2

i






Reporting Source: Broker

Employer Name: PNC BROKERAGE

Termination Type: Voluntary Resignation


Allegations: PNC BROKERAGE CORP. WAS INVESTIGATING THE NATURE AND PURPOSEOF FUNDS TRANSFERRED BETWEEN MR. LAMKIN AND A WORKASSOCIATE. ALTHOUGH THIS INVESTIGATION WAS INCONCLUSIVE PNCBROKERAGE CORP. DETERMINED THAT MR. LAMKIN FAILED TO REPORTTO MANAGEMENT THAT A WORK ASSOCIATE ACCESSED LAMKIN'S BANKACCOUNT WITHOUT LAMKIN'S KNOWLEDGE.


Other Product Types:

Broker Statement UPON DISCOVERING THE ACTIVITY OF MY ASSOCIATE, I CORRECTED HISBEHAVIOR AND ASCERTAINED THAT IT WOULD NEVER HAPPEN AGAIN ANDIT DID NOT. NINE MONTHS LATER, DURING AN INVESTIGATION OF THISASSOCIATE, I DISCLOSED THE ABOVE MENTIONED ACTIVIITY TO PNCBROKERAGE.






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Documents

MARK THOMAS LAMKIN · MARK T. LAMKIN CRD# 2121510 Currently employed by and registered with the following Firm(s): CALTON & ASSOCIATES, INC. 901 Lily Creek Rd Suite 102 Louisville,