PTS Brokerage Advisor Ronald Smith Expelled

MOORESTOWN, NEW JERSEY

Are you a former client of financial advisor Ronald Smith, formerly with PTS Brokerage?  The securities and investment fraud law firm of Israels & Neuman is reviewing allegations made regarding Ronald Burton Smith who worked in a Moorestown, New Jersey office.  FINRA (the Financial Industry Regulatory Authority) barred him from the securities industry when he chose not to respond to a FINRA investigation.

In September 2023, FINRA expelled Smith regarding an investigation into whether he violated firm procedures, made false statements to PTS Brokerage, and used unauthorized email and text messaging to contact investors.  Additionally, PTS Brokerage fired him in January 2023.  The termination was likely triggered after he was the subject of a $2 million arbitration claim filed by a former customer.  See his BrokerCheck Report linked below.  He was also the subject of three tax liens between 2017 and 2018.

Ronald Burton Smith worked in Moorestown, New Jersey.  He also ran Celtic Benefits and Celtic Financial Group in Moorestown.

Under FINRA Rule 8210, advisors must respond to FINRA investigations.  Advisors are often barred for failing to respond to such investigations.

VIEW FINRA AWC HERE

 VIEW BROKER CHECK REPORT HERE

If you lost money with Ronald Smith or PTS Brokerage, please Contact Us at (206) 795-5798 for a free evaluation of your case.