The financial professionals at The Burish Group provide clients with a structured financial planning process and customized investment strategies. However, if you have lost money due to The Burish Group’s misconduct or negligence, now may be the right time to file a claim against the wealth management firm.
Meet with a nationwide securities lawyer if you are interested in taking legal action against The Burish Group. If warranted, your attorney will help you file a formal complaint against The Burish Group and put you in a great position to get money for your losses via a brokerage firm investment loss claim.
What Is The Burish Group?
The Burish Group is a wealth management services provider with offices in Wisconsin, Illinois, and Minnesota. It is part of UBS Financial Services, the wealth management arm of global financial firm UBS Group AG, and was founded by UBS financial advisor Andrew Burish. As of August 2025, The Burish Group manages $6.2 billion in assets.
Holistic wealth management remains the cornerstone of The Burish Group’s planning-based financial services. Depending on the client, The Burish Group may offer solutions for liquidity management, insurance, and other forms of asset replacement, estate planning strategies, or tax and legal structures such as trusts and philanthropic vehicles.
As a financial advocate, The Burish Group takes a collaborative approach to fulfill its clients’ requests. Its team members put clients’ best interests first at all times, The Burish Group notes on its website. They do so by asking clients questions; understanding their families, priorities, and concerns; and promoting integrity, prudence, and accessibility in all that they do.
Andrew Burish of The Burish Group Faces Fraud Complaint for Encouraging Investors to Short-Sell Tesla Stock
In March 2025, UBS and Andrew Burish, managing director of The Burish Group, were ordered to pay approximately $95 million to nine customers with brokerage accounts, per Financial Industry Regulatory Authority (FINRA) Dispute Resolution Services.
FINRA awarded nearly $25 million in compensatory damages and $70 million in punitive damages in arbitration for these reasons:
- Breach of fiduciary duty
- Violation of FINRA suitability rules
- Failure to supervise/negligent supervision
- Fraud
According to AdvisorHub, in a complaint filed in February 2021, claimants accused UBS and Burish of breach of fiduciary duty. They alleged that Burish “repeatedly promoted the idea of short selling” Tesla shares in 2019 and 2020.
Andrew Burish of The Burish Group and UBS Challenge FINRA’s Tesla Investment Case Arbitration Award
In April 2025, the Iowa Capital Dispatch reported that Burish and UBS filed a lawsuit in an attempt to overturn a portion of the $95 million FINRA arbitration award in the Tesla investment case. They have said that FINRA’s decision to award roughly $70 million in punitive damages was “grossly excessive, irrational, and contrary to well-defined and dominant public policy.”
Burish and UBS have alleged that the maximum punitive damages that should be awarded should be an amount equal to the compensatory damages in the Tesla investment case. Previously in the case, a FINRA arbitration panel ordered Burish to pay nearly $2.56 million and UBS to pay over $23 million in compensatory damages.
In addition, Burish and UBS are arguing that at least 75% of any punitive damages awarded in the Tesla investment case should go to a civil reparations trust fund administered by a state court. They believe that a FINRA arbitration panel awarded punitive damages in the case without allocating any to a civil reparations trust fund.
What Do The Burish Group Complaint and The Burish Group Lawsuit Mean for Investors?
Consult with a securities attorney if you are worried about potential The Burish Group fraud. Your lawyer will review the facts of your case carefully. They will let you know if you have grounds for filing a complaint against The Burish Group and may advise you to proceed with FINRA arbitration if they feel this is a viable option for you to receive money for your losses.
Work with an attorney who has relevant case experience. For example, if you are concerned that a financial professional from The Burish Group acted negligently, it pays to have a broker misconduct lawyer on your side. This attorney will take the guesswork out of the legal process and help you make informed decisions if you move forward with a complaint and arbitration.
Remember, the burden of proof is high in a securities case. As such, the legal representation you choose makes a difference in terms of the outcome of your case against The Burish Group. With legal guidance from a financial advisor breach of fiduciary duty lawyer, you can gather proof from numerous sources and strengthen your case against The Burish Group.
Want to File a Claim Against The Burish Group?
Just because you submit complaints against The Burish Group does not mean you will get compensation from the wealth management firm.
The team at Meyer Wilson Werning understands the challenges our clients face in cases relating to The Burish Group complaints and fraud. We bring more than 75 years of combined experience to your securities case. We will use our legal knowledge to help you prove that your fraud case against The Burish Group is valid. Contact us today for more information.
