FINRA Suspends Ex-Thrivent Rep Who Worked at Animal Hospital

Chatfield also served as trustee for SH’s estate, facilitating the completion of estate documents, including a will and trust document, which provided for her to receive trustee fees, according to FINRA.

Meanwhile, as the principal and owner of Angela’s Assets, a limited liability company she established in December 2008, Chatfield provided bookkeeping and accounting services to small businesses and individuals, FINRA said.

“Although she was actively engaged in all of the outside business activities when she joined Thrivent as a GSR, and knew she was required to disclose any outside activity, Chatfield did not disclose or otherwise seek approval for any of these activities until March 2017, when she filed a request for approval of her service as DCH’s office manager,” the FINRA letter said.

However, Chatfield “did not disclose her other positions with DCH, her appointment as trustee, or the accounting and booking services she provided through AA,” FINRA said.

In a Uniform Termination Notice (Form U5) dated Aug. 9, 2017, Thrivent reported Chatfield’s voluntary termination, according to FINRA. In an amended Form U5 dated June 4, 2018, the firm reported that on May 10, 2018 it commenced an internal review following the receipt of a customer complaint alleging that certain insurance contracts and Thrivent accounts were unauthorized, FINRA said.

After leaving Thrivent, Chatfield went to work as a rep for Parsonex Securities in Englewood, Colorado, in 2019, before dropping her broker registration, according to BrokerCheck. The website, which also notes she was a previously registered investment advisor, did not specify any reasons for leaving Parsonex. In fact, there are no disclosures at all included on her profile.

“While Angela Chatfield was registered briefly with our firm, she was to be placed on heightened supervision due to an ongoing investigation with her prior firm,” Parsonex said in a statement Tuesday. “While she was registered with Parsonex Securities she did not conduct any business and resigned prior to any resolution to the investigation with her prior firm or any securities activity with ours,” it added.