Founded in 1993 by Frederick R. MacLean, Jr., Heritage Investment Group (“Heritage”) is an independent, fee-only registered investment adviser (RIA) providing wealth management and investment services to high-net-worth individuals, families, charitable foundations, and qualified plans. The firm, which is headquartered in Pompano Beach, Florida, is registered in 27 states as well as the District of Columbia. Per Heritage’s Form ADV filed on March 28, 2023, the firm has 2,002 accounts, $1.5B+ in total assets under management (AUM), and
Financial Misconduct at Heritage Investment 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, Heritage 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 Heritage Investment 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.
Hightower Advisors
Founded in 2008 by Elliot S. Weissbluth, Hightower Advisors (“Hightower”) is an SEC-registered investment adviser (RIA) providing investment, financial, and retirement planning services, to individuals, foundations, and family offices.
Per its Form ADV filed on April, 21, 2023, the firm, which is headquartered in Chicago, Illinois, services 144,000+ accounts, has $105B+ in assets under management (AUM), and is registered in all 50 states as well as the District of Columbia and Puerto Rico, making it one of the top RIAs in the country.
Financial Misconduct at Hightower 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, Hightower 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.
Numerous Hightower advisors have been penalized for misconduct during the careers. In November 2016, Michael Johnson, who previously served as an advisor with Hightower, was barred by FINRA from associating with any broker-dealer firms for purchasing securities while in possession of non-public information.
Then, in July 2018, the Securities and Exchange Commission (SEC) also barred Johnson from associating with any investment adviser (among other entities) and ordered him to pay a fine after he was found to have breached his duty of trust. Johnson misappropriated material nonpublic information about a proposed acquisition and purchased shares in advance of the public announcement of the acquisition.
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 Hightower 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.
IEQ Capital
Founded in 2019 by Rob Skinner, Alan Zafran, IEQ Capital (“IEQ”), is an independent SEC-registered investment adviser (RIA). IEQ provides wealth management, asset management, and financial planning services to high-net-worth individuals and families. The firm is a subsidiary of IEQ Holdings, LLC.
Per its Form ADV filed on March 30, 2023, the firm, which is headquartered in Foster City, California, services 1,100+ accounts, has $18.5B+ in assets under management (AUM), and is registered in 36 states.
Financial Misconduct at IEQ Capital
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, IEQ 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.
In April 2002, prior to co-founding IEQ, Alan Zafran, settled with a customer after the client alleged that Zafran had purchased a callable bond for him despite specifically informing him that he did not want them.
In June 2020, IEQ Capital adviser, Robert John Skinner, Jr., settled with a customer for $600,000 after the customer alleged that Skinner, Jr. had made unsuitable recommendations from August 2014 to May 2019.
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 IEQ Capital, 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.
Lido Advisors
Founded in 1999 by Greg Kushner, Lido Advisors (“Lido”), is an SEC-registered investment adviser (RIA) providing investment strategies and financial planning services to high-net-worth individuals, businesses, and charities.
Per its Form ADV filed on March 30, 2023, the firm, which is headquartered in Los Angeles, California, services 12,600+ accounts, has $13.1B+ in assets under management (AUM), and is registered in 43 states as well as the District of Columbia and Puerto Rico.
Financial Misconduct at Lido 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, Lido 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.
Some Lido advisors have a history of misconduct such as unsuitability, breach of fiduciary duty, unauthorized trading, and negligence.
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 Lido 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.
MAI Capital Management
Originally established in 1973 by Mark McCormack as Investment Advisors International, Inc. (IAI) (an affiliate of International Management Group (IMG)), MAI Capital Management (“MAI”), is an independent, fee-based SEC-registered investment adviser (RIA) providing financial planning and investment advisory services to individuals, families, entrepreneurs, and sports & entertainment professionals.
After a lengthy history, the firm officially changed its name to MAI Capital Management in 2014. MAI is a subsidiary of Galway Insurance Holdings and MAI Capital Management Intermediate LLC. MAI also has multiple subsidiaries of its own. In September 2021, MAI was acquired by Galway Holdings, LP, a financial services distribution company.
Per its Form ADV filed on March 31, 2023, the firm, which is headquartered in Cleveland, Ohio, services 23,700+ accounts, has $15.7B+ in assets under management (AUM), and is registered in all 50 states as well as the District of Columbia and Puerto Rico.
Financial Misconduct at MAI Capital Management
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, MAI 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.
Some advisors with MAI have a history of misconduct, such as breach of contract, breach of fiduciary duty, common law fraud, misrepresentation, omissions, and unsuitability.
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 MAI Capital Management, 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.
Mariner Wealth Advisors
Founded in 2006 Mariner Wealth Advisors (“MWA”), is an SEC-registered investment adviser (RIA) providing wealth planning and investment advisement services to individuals, high-net-worth individuals, businesses, and non-profits.
Per its Form ADV filed on March 30, 2023, MWA, which is headquartered in Overland Park, Kansas, services 112,400+ accounts, has $65.8B+ in assets under management (AUM), and is registered in all 50 states as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
Financial Misconduct at Mariner Wealth 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, MWA 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.
For instance, in December 2008, Thomas Charles Denham, who was an advisor with MWA, settled for $630,000 after a client alleged negligence of professional and investment services, breach of professional and fiduciary duties, negligently communicating false information and failure to competently advise the sale of a guaranteed insurance contracts.
According to MWA’s Form ADV, the firm has disclosed that a federal regulatory agency, state regulatory agency, or foreign financial regulatory authority has found the firm or one of its advisory affiliates to have:
1) Been involved in a violation of investment-related regulations or statutes; and/or
2) Entered an order against the firm or an advisory affiliate in connection with an investment-related activity within the past 10 years.
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 Mariner Wealth 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.
Mercer Global Advisors
Founded in 1985, Mercer Global Advisors (“Mercer”) is a comprehensive, privately-held, fee-based SEC-registered investment adviser (RIA) providing financial planning, investment management, tax, planning, estate planning, retirement planning and insurance to individuals and businesses. Mercer is a subsidiary of Mercer Advisors, Inc., which is majority-owned by Oak Hill Capital and Genstar Capital.
Per its Form ADV filed on May 1, 2023, Mercer, which is headquartered in Denver, Colorado, services 76,200+ accounts, has $35.1B+ in assets under management (AUM), is registered in all 50 states as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, and has 80+ offices across the country. Mercer is one of the largest RIAs and financial planning firms in the U.S.
Financial Misconduct at Mercer Global 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, Mercer 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.
In February 2023, Mercer adviser, David Bruce Mirsky, was permitted to resign after he allegedly contacted a third-party variable annuity company at the request of his client, and then held himself out to be that client in order to effectuate a withdrawal request for the client.
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 Mercer Global 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.
Moneta Group Investment Advisors
Originally founded in 1868 as an insurance business, Moneta Group Investment Advisors (“Moneta”) is now an independent partner-owned SEC-registered investment adviser (RIA) providing wealth management services to individuals, families, and organizations.
In 1963, Moneta operated as Physicians Planning Service Corp., which primarily focused on helping physicians with financial planning. In 1988, the name changed to Moneta Group.
Per its Form ADV filed on March 31, 2023, Moneta, which is headquartered in St. Louis, Missouri, has 100+ partners and advisors, services 37,300+ accounts, has $30.6B+ in assets under management (AUM), is registered in all 50 states as well as the District of Columbia, and has four office locations.
Financial Misconduct at Moneta Group Investment 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, Moneta 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.
Many of Moneta’s advisors have a history of misconduct. For instance, in January 2022, Moneta advisor, Danton Kent Troyer, settled a claim in which a client alleged that he made an unsuitable recommendation, which was not appropriate for his investment objectives, resulting in losses from the investment.
In May 2003, then-Moneta advisor, Katherine Reed Kearins, settled a claim after customers alleged that she gave an insufficient description of minimum return guarantee and annuitization features of a variable annuity product during her sale’s presentation in October, 1998.
In February 2004, Moneta advisor, Steven Logan Finerty, settled a claim after a customer alleged that he had instructed Finerty not to let his account value decline below $1M and that Finerty failed to adhere to his risk tolerance.
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 Moneta Group Investment 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.
Pathstone
Founded in 2010 by Steve Braverman and Allan Zachariah, Pathstone is an independent, partner-owned SEC-registered investment adviser (RIA) providing customized investment advice to families, family offices, and foundations & endowments.
Per its website and Form ADV filed on March 30, 2023, Pathstone, which is headquartered in Englewood, New Jersey, has 175+ partners, services 18,900+ accounts, has $24.8B+ in assets under management (AUM), $80B in assets under advisement and administration (as of March 2023), is registered in 36 states as well as the District of Columbia, and has 17 offices across the U.S.
Financial Misconduct at Pathstone
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, Pathstone 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 Pathstone, 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.