Securities Lawyers Blog
If you have lost money in your accounts at Arcadia Securities, LLC, you may be asking whether you can sue your financial advisor or your brokerage firm. The investment loss attorneys at Gana Weinstein LLP help investors answer that question every day. Brokerage firms are responsible for supervising their brokers, and when a firm fails to supervise, misrepresents an investment, or recommends unsuitable investments, the investor can file a FINRA arbitration claim to recover investment losses.
Arcadia Securities is a broker-dealer that provides brokerage services through cash, margin, and option accounts along with investment banking through private placements and underwritten offerings for individuals, trusts, estates, and retirement plans. Organized in New York in 1997, the firm is based in New York City and holds client accounts with Pershing or Wedbush as qualified custodians.
Arcadia Securities, LLC – By the Numbers:
- CRD #: 44656
- Regulatory Events: 2
- Broker Employees: 39
Arcadia Securities, LLC – In the News:
FINRA v. Arcadia Securities, LLC (Case #2025083700301) – Between October 2023 and February 2024, Arcadia conducted a securities business on three days while failing to maintain the required minimum net capital. As a result, the firm violated Section 15(c)(3) of the Securities Exchange Act of 1934, Exchange Act Rule 15c3-1, and FINRA Rules 4110(b)(1) and 2010. In addition, from October 2023 to March 2025, Arcadia failed to establish, maintain, and enforce a supervisory system reasonably designed to achieve compliance with net capital requirements, in violation of FINRA Rules 3110 and 2010. For these violations, Arcadia is censured and fined $40,000.
Wondering whether you can sue your financial advisor or Arcadia Securities, LLC? The investment loss attorneys at Gana Weinstein LLP can answer that question after a free review of your account statements. We welcome all inquiries.