Reg BI

There are Recent Customer Complaints with Broker Richard Brown in Firm Arete Wealth Management, LLC

May 15, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Brown (Brown), currently associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Brown recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,500,000.00 on March 24, 2026.

Customer alleges that in 2021 the registered representative was involved in the sale of premium-financed indexed universal life insurance policies. The customer claims the illustrations and projections provided were misleading and that certain risks were not adequately disclosed.

Broker Thomas Wagner in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

May 15, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Wagner (Wagner), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Wagner recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 24, 2026.

Client alleges failure to supervise.

There are Recent Customer Complaints with Broker David Betman in Firm Morgan Stanley

May 15, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Betman (Betman), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Betman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 23, 2026.

Client alleges, inter alia, that option transactions entered in their trust account were unauthorized 2025

Broker Brady Lipp in Ni Advisors Firm Has Customer Complaint

May 15, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brady Lipp (Lipp), currently associated with Ni Advisors, has at least one disclosable event. These events include one customer complaint, alleging that Lipp recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on March 23, 2026.

Claimants purport loss of their monies invested due to fraud and negligent supervision.

There are Recent Customer Complaints with Broker Steven Arnold in Firm Great Point Capital LLC

May 15, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Arnold (Arnold), currently associated with Great Point Capital LLC, has at least one disclosable event. These events include one customer complaint, alleging that Arnold recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $100,000.00 on March 24, 2026.

Breach of contract, violation of securities laws and Regulation Best Interest

Broker Mark Byavu Ngoga in Edward Jones Firm Has Customer Complaint

May 14, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Byavu Ngoga (Byavu Ngoga), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Byavu Ngoga recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 29, 2026.

The client alleges unauthorized liquidation of closed fund Fidelity Advisor Defense and Aerospace Fund that has triggered a capital gain.

Broker Thomas Wareing in Vanguard Marketing Corporation Firm Has Customer Complaint

May 14, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Wareing (Wareing), previously associated with Vanguard Marketing Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Wareing recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,356.63 on March 30, 2026.

The client alleges that the advisor sold him a fixed index annuity without properly disclosing the tax implications of withdrawing funds from his 401k to purchase the annuity, while he did not have to take an RMD due to still being employed. The annuity was issued on September 16, 2025. The client submitted a formal complaint to the California Department of Insurance and the issuing insurance company, North American Company for Life and Health Insurance.

Broker Alexander Hykel in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

May 14, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexander Hykel (Hykel), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Hykel recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 26, 2026.

Client alleges failure to follow instructions regarding the investment of funds intended to be protected from risk in March 2026.

Broker John West in Ameriprise Financial Services, LLC Firm Has Customer Complaint

May 14, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John West (West), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that West recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $96,678.83 on March 26, 2026.

The client and policy owner alleged that her advisor failed to pay the initial premium on her Mutual of Omaha Long-Term Care (LTC) policy by the September 7, 2020, due date, as instructed by the client, letting the policy lapse in October of 2020.

There are Recent Customer Complaints with Broker Dan Holzer in Firm Realta Equities, INC.

May 14, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dan Holzer (Holzer), currently associated with Realta Equities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Holzer recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 30, 2026.

The claimant alleges unsuitable recommendations.