Founded in 1993 by Scott Hanson and Pat McClain, Allworth Financial Group (“Allworth”) (formerly Hanson McClain Advisors) is an independent registered investment adviser (RIA), providing customized investment, tax, retirement, and estate planning advice to clients. Headquartered in Sacramento, California, Allworth has approximately $15B in assets under management (AUM) and 24 offices nationwide. In 2018, the firm merged with the RIA firm, Simply Money. In early 2019, the firm changed its name to Allworth Financial. But for Wyoming, Allworth is registered in all states as well as the District of Columbia.
Financial Misconduct at Allworth Financial Group
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
As an RIA, Allworth owes its clients a fiduciary duty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, then the that RIA may be held legally responsible to repay the damages. There have been multiple allegations against advisors who are now with Allworth.
Prior to starting with Allworth, advisor, Hugh B. Phillips was involved in a customer dispute during which the customer alleged that he had failed to disclose fees and expenses along with other contract provisions prior to the sale. Diane Marie Knight, currently an advisor with Allworth, was previously accused of misrepresentation concerning REIT investment. Allworth advisor, Michael C. Coates, has been involved in four customer disputes, one of which is still pending.
Another Allworth advisor, John Michael Horseman, who has been with 19 different firms, has been involved with four customer disputes. In March 2005, Horseman was alleged to have made unsuitable recommendations to a customer, and that claim was settled. Then, in April 2005, a customer alleged that he purchased variable annuities that declined in value after he moved his investments to another brokerage firm. Horseman settled for $50,000. Other allegations against Horseman, which were denied, involved failure to disclose fees and commissions and failure of a REIT to perform as predicted.
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Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Allworth Financial, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
Albion Financial Group
Headquartered in Salt Lake City, Utah, Albion Financial Group (“AFG”) is an independent, privately held registered investment adviser (RIA), providing customized wealth management services. With $1.7B in assets, the firm is one of the largest investment advisory firms in the United States by assets under management (AUM).
It was founded in 1982 by Toby Levitt and John Bird. It is not a registered broker-dealer and must therefore go through a broker-dealer in order to buy and sell securities (e.g., stocks, bonds, etc.) for the accounts it manages. Per its Form ADV filed on March 31, 2022, AFG has $1.6B+ in regulatory assets under management (AUM). The firm is registered in 19 states.
Financial Misconduct at Albion Financial Group
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
Some RIAs also serve as a registered representative of a brokerage firm, enabling them to sell various financial products and make trades on behalf of their clients. Therefore, some RIAs are also registered broker-dealers.
As an RIA, AFG owes its clients a fiduciary duty of care and loyalty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, such as a misrepresentation or omission, then that RIA may be held legally responsible to repay the damages.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Albion Financial Group, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
Aspiriant
Founded in 2008, Aspiriant is a private, independent registered investment adviser (RIA), providing customized investment advice, wealth planning, and family office services. The firm, which is headquartered in Los Angeles, California, was the result of a merger between two West Coast firms, Quintile and Kochis Fitz. More than one-third of its team members have an ownership stake in the business.
Per its Form ADV filed on March 28, 2023, the firm has $13.1B+ in regulatory assets under management (AUM). In 2010, Deloitte’s national investment practice became part of Aspiriant. Aspiriant is registered in 33 states as well as the District of Columbia.
Financial Misconduct at Aspiriant
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
In November 2013, former Aspiriant advisor, Dionne Nastasi was permitted to resign after it was alleged that she had falsified wire transfer documentation.
As an RIA, Aspiriant owes its clients a fiduciary duty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, then that RIA may be held legally responsible to repay the damages.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Aspiriant, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
Baker Street Advisors, LLC
Founded in 2003, Baker Street Advisors, LLC (“BSA”) is a registered investment adviser (RIA), providing customized wealth management services to individuals and families. While headquartered in San Francisco, California, the firm is registered in 10 states: AZ, CA, CO, FL, LA, MA, NY, OR, TX, and WA. Per its Form ADVfiled on May 24, 2022, BSA has $14.1B in regulatory assets under management (AUM).
Financial Misconduct at Baker Street Advisors, LLC
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
Some RIAs also serve as a registered representative of a brokerage firm, enabling them to sell various financial products and make trades on behalf of their clients. Therefore, some RIAs are also registered broker-dealers.
As an RIA, BSA owes its clients a fiduciary duty of care and loyalty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, such as a misrepresentation or omission, then that RIA may be held legally responsible to repay the damages.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Baker Street Advisors, LLC, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
BBR Partners
Founded in 2000 by Evan Roth and Brett Barth, BBR Partners (“BBRP”) is a boutique, fee-only registered investment adviser (RIA), providing customized wealth management services. Headquartered in New York, New York, the firm is registered in 34 states and the District of Columbia and is one of the largest RIA firms (by asset size) in the Northeast. Per BBRP’s Form ADV filed on March 31, 2022, the firm has $25.9B+ in regulatory assets under management (AUM). BBRP acts as a “manager of managers,” selecting other firms to make investments for its clients. BBRP is a subsidiary of BBR Partners Holdings, LP.
Financial Misconduct at BBR Partners
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
Some investment advisers also serve as a registered representative of a brokerage firm, enabling them to sell various financial products and make trades on behalf of their clients. Therefore, some RIAs are also registered broker-dealers.
As an RIA, BBRP owes its clients a fiduciary duty of care and loyalty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, such as a misrepresentation or omission, then that RIA may be held legally responsible to repay the damages.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as BBR Partners, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
Beacon Pointe Advisors
Founded in 2002 by Shannon Eusey, Beacon Pointe Advisors (“BPA”) is one of the largest registered investment advisers (RIAs) in the nation, providing customized wealth management services. Headquartered in Newport Beach, California, the independent fee-only firm is registered in all 50 states as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The firm, which primarily focuses on individuals and high net worth individuals, has 25 offices with across the country. In March 2020, Beacon Pointe merged with Beacon Pointe Wealth Advisors to form BPA. Per BPA’s Form ADV filed on December 12, 2022, the firm has $23.6B+ in regulatory assets under management (AUM). BPA is a subsidiary of Beacon Pointe, LLC.
Financial Misconduct at Beacon Pointe Advisors
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
Some RIAs also serve as a registered representative of a brokerage firm, enabling them to sell various financial products and make trades on behalf of their clients. Therefore, some RIAs are also registered broker-dealers.
As an RIA, BPA owes its clients a fiduciary duty of care and loyalty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, such as omission of key information, then that RIA may be held legally responsible to repay the damages.
In February 2021, a client brought a claim against BPA advisor, Samuel Dale Mitchell, alleging that he failed to meet his fiduciary duty by making unsuitable portfolio recommendations considering their investment objectives and risk tolerance, which led to significant loss when the stock market plunged due to the COVID-19 pandemic. Mitchell settled the claim for $42,000.
In July 2022, a customer brought a claim against BPA advisor, Jameson Alan Van Houten, alleging lack of suitability, misrepresentation, failure to supervise, and insufficient product due diligence in regards to purchases of an alternative investment. The customer is seeking $570,000 in damages; and the dispute is currently pending.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Beacon Pointe Advisors, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
Buckingham Strategic Wealth
Founded in 1994, Buckingham Strategic Wealth (“BSW”) is a registered investment adviser (RIA) with the Securities and Exchange Commission (SEC). Headquartered in Clayton, Missouri, BSW provides customized wealth management services. The firm is registered in all 50 states as well as the District of Columbia. Per BSW’s Form ADV filed on March 28, 2023, the firm has $22B+ in regulatory assets under management (AUM). BSW is a subsidiary of The Buckingham Family of Financial Services.
Financial Misconduct at Buckingham Strategic Wealth
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
Some RIAs also serve as a registered representative of a brokerage firm, enabling them to sell various financial products and make trades on behalf of their clients. Therefore, some RIAs are also registered broker-dealers.
Some of BSW’s advisors have previously been accused of misconduct such as omission, misrepresentation, and negligence. In June 2021, a client brought a claim against BSW advisor, Dirk Gavin Gilliard, alleging that he had engaged the client in excessive use of margin trading. The case was settled.
As an RIA, BSW owes its clients a fiduciary duty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, then that RIA may be held legally responsible to repay the damages.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Buckingham Strategic Wealth, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
Captrust
Founded in 1997 by Fielding Miller and 12 former colleagues, Captrust is one of the largest independent registered investment advisers (RIAs) in the nation, providing investment management, financial planning, estate planning, and tax advisory and compliance services for individuals and families. Headquartered in Raleigh, North Carolina, Captrust has 1,300+ employees representing $770B in total assets from 82 locations across the country. The firm is registered in all 50 states as well as the District of Columbia and Puerto Rico. Per Captrust’s Form ADV filed on March 14, 2023, the firm has $655B+ in regulatory assets under management (AUM).
Financial Misconduct at Captrust
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the Securities and Exchange Commission (SEC). Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
Some RIAs also serve as a registered representative of a brokerage firm, enabling them to sell various financial products and make trades on behalf of their clients. Therefore, some RIAs are also registered broker-dealers.
As an RIA, Captrust owes its clients a fiduciary duty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, then that RIA may be held legally responsible to repay the damages.
Some of Captrust’s advisers have previously been accused of a variety of misconduct, such as misrepresentation, unsuitability, omission of material facts, breach of contract, negligence, and breach of fiduciary duty.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Captrust, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.
Carson Group
Founded in 1983 by Ron Carson, the Carson Group (“Carson”) is a broker-dealer and registered investment adviser (RIA) registered with the Securities and Exchange Commission (SEC). Carson provides customized wealth management services. Headquartered in Omaha, Nebraska, Carson is registered in four states: IL, NE, NY, and UT and has offices across the country. Per Carson’s Form ADV filed on August 30, 2022, the firm has $2.2B+ in regulatory assets under management (AUM).
Financial Misconduct at Carson Group
RIAs are individuals or companies registered with federal and/or state regulatory agencies that provide financial advice. Only those RIAs with at least $100M in assets under management (AUM) are required to register with the SEC. Those RIAs that are not required to register with the SEC must usually be registered in the state in which their principal place of business is located.
Some RIAs also serve as a registered representative of a brokerage firm, enabling them to sell various financial products and make trades on behalf of their clients. Therefore, some RIAs are also registered broker-dealers.
As an RIA, Carson owes its clients a fiduciary duty to act in the best interest of their clients. If a client suffers losses as a result of negligent behavior or misconduct from an adviser, such as breach of contract, misrepresentation, omission of material facts, overconcentration, unsuitability, and breach of fiduciary duty, then that RIA may be held legally responsible to repay the damages.
Wondering If You Have a Claim? Contact Our Firm Now!
Meyer Wilson reclaimed $350 million for the victims of investment fraud or misconduct. Our attorneys are experienced in going up against the largest registered investment advisers, such as Carson Group Investing, and our track record affirms our resources and expertise. As an investor, you have a right to recover investments lost through unethical behavior or decisions made against your interests.