Founded in 1968, Northwestern Mutual Investment Services (“NMIS”) is a broker-dealer and registered investment adviser serving the investment planning and product needs of individuals and businesses. Headquartered in Milwaukee, Wisconsin, NMIS is ...
Founded in 1982, Prospera Financial Services (“PFS”) is an independent broker-dealer headquartered in Dallas, Texas. PFS is a subsidiary of Prospera Financial, LLC. According to its website, the firm has 163 advisors and 76 Back Office staff thro ...
Founded in 1968, Principal Securities is the retail broker-dealer and registered investment adviser (RIA) for the Principal Financial Group family of companies. Headquartered in Des Moines, Iowa, the firm offers products and solutions for both indivi ...
Founded in 2001, Parkland Securities is a privately-owned, full-service independent broker-dealer headquartered in Ann Arbor, Michigan. Originally named Sammons Securities Company, the firm changed its name on August 15, 2014. According to its most r ...
Founded in 1999, NEXT Financial Group, Inc. (“NEXT”) is an independent broker-dealer and registered investment adviser headquartered in Houston, Texas. As of February 2023, the firm had 435 registered representatives and 15,664 clients of various ...
LPL Financial LLC Broker Accused of Making Unsuitable Recommendations LPL Financial LLC broker Christopher Cavallaro has been accused of making unsuitable oil & gas investment recommendations to multiple customers. In addition to the three pendin ...
Allegations of Unsuitability Related to Selling of GWG L Bonds FIled by Multiple Clients Daniel Keith Beech, a previously registered representative of Western International Securities, is facing multiple accusations of wrongdoing. The broker currentl ...
Customer Dispute Settled for Over $12K Despite being in a fiduciary position, many brokers and investment advisers end up committing fraud, negligence, or another form of wrongdoing. Broker misconduct and investment fraud can result in substantial lo ...
Did You Suffer Losses After Investing with Brian Clark? Brian Patrick Clark, a registered broker with Cadaret, Grant & Co., Inc., has been accused of misconduct and investment fraud by multiple customers. Allegations include unauthorized and exce ...
Former Ameriprise Broker Facing Multiple Accusations of Wrongdoing Stuart L. Pearl (Stu Pearl) is a previously registered broker facing multiple accusations of misconduct. Allegations against Pearl include that he engaged in unauthorized trading and ...
Former LPL Financial Broker Accused of Wrongdoing Former LPL Financial LLC broker and investment adviser Alexander Arango.(Alexander Arango Burkatskaya) is the subject of multiple customer disputes. Many of the allegations involve unsuitable investme ...
Did You Suffer Losses After Investing in GWG L Bonds with Thurman or Another Broker? Dennis Patrick Thurman, a registered broker and investment adviser with Arete Wealth Management, LLC is currently being investigated for his recommendation and sale ...
