Financial Planning Consultants
Cutter Financial Group, LLC
About
Important information
- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:SEC vs. Cutter Financial Group, LLC, and Jeffery Cutter
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.
On March 17, 2023, the SEC announced charges against Massachusetts-based investment adviser Jeffrey Cutter and his advisory firm, Cutter Financial Group LLC ("CFG"), for recommending that their advisory clients invest in insurance products that paid Cutter a substantial up-front commission without adequately disclosing Cutter's and CFG's financial incentive to sell the products. Cutter also made false statements in applications for the insurance products and made false statements to at least one client regarding his commission compensation.
About This Business
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Business Details
- BBB File Opened:
- 9/8/2011
- Business Started:
- 1/1/2001
- Business Incorporated:
- 4/21/2006
- Type of Entity:
- Limited Liability Company (LLC)
- Business Management:
- Mr. Jeffrey T Cutter, Manager
- Mrs. Jill Cutter, Manager
- Number of Employees:
- 2
Additional Contact Information
- Principal Contacts
- Mr. Jeffrey T Cutter, Manager
- Customer Contacts
- Mr. Jeffrey T Cutter, Manager
- Mrs. Jill Cutter, Manager
- Fax numbers
- Primary Fax: (508) 388-7029
- Additional Phone Numbers
- Other Phone: (508) 618-1313
- Additional Email Addresses
- Primary: Email this Business
- Social Media
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Additional Information
- Other Resources
- Massachusetts Division of Insurance
1000 Washington Street
Boston MA 02118
Phone Number: 617-521-7794; 877-563-4467
https://www.mass.gov/orgs/division-of-insurance - Massachusetts Securities Division
Massachusetts Securities Division
Boston MA 02108
Phone Number: 617-727-3548; 800-269-5428
Fax Number: 617-248-0177
http://www.sec.state.ma.us/sct/sctidx.htm
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- Financial Planning Consultants
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