Were you a victim of RBC Capital Markets, LLC broker Thomas Prentice (CRD# 874774)? He has been registered with RBC Capital Markets, LLC in Palm Desert, California, since 2016. He was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Indian Wells, California, from 1995 to 2016.
Thomas Prentice Customer Complaints
He has been the subject of three customer complaints between 1996 and 2025, one of which was withdrawn, according to his CRD report. The most recent complaint was regarding:
November 2025. “Alleged negligence, breach of Reg BI, breach of fiduciary duty, unsuitability, and breach of contract, related mainly to the client’s investment in structured notes.” The customer is seeking $825,000 in damages, and the case is currently pending. The complaint was regarding structured note losses.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, RBC Capital Markets, LLC may be liable for investment or other losses suffered by Thomas Prentice’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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