Berthel

Broker William Sines in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

November 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Sines (Sines), currently associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Sines 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 $88,000.00 on September 15, 2025.

Client alleges they were sold two products that were not in their best interest. The sale of the products occurred at prior firms.

There are Recent Customer Complaints with Broker Anita Lester in Firm Berthel, Fisher & Company Financial Services, INC.

November 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anita Lester (Lester), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lester 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 $200,000.00 on October 01, 2025.

Claimants allege that two of the non-traded investment programs they invested in 2014 were not suitable and were misrepresented to them and failed to disclose the true risk characteristics of the investments. The claimants also state that after the representative left Berthel Fisher in 2018 that they remained in contact with the representative and were continually advised that their investments were fine and not to worry.

Broker Robert Meyer in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

November 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Meyer (Meyer), currently associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Meyer 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 $99,999.00 on August 11, 2022.

The client alleged the representative did not act in a timely manner in liquidating his shares of HTI after they transferred to Computershare; which, he states caused additional losses in the investment. Additionally, the client alleged the representative has not been transparent and that he has not received statements reflecting his purchases through the representative. In August 10, 2022, the client filed an arbitration, in which the client alleges the representative made unsuitable recommendations and misrepresented the investments purchased. The client has also alleged the firm failed to conduct adequate due diligence and failed to supervise the activities of the representative.

Broker Richard Marotzke in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

October 14, 2025 | by Staff Attorney

Previously financial advisor Richard Marotzke (Marotzke), previously employed by brokerage firm Berthel, Fisher & Company Financial Services, INC. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on July 29, 2025.

The claimant alleges that the Firm and representative failed to make a suitable recommendation and over-concentrated claimant’s account in an oil & gas private placement and other unspecified investments in 2014. The claimant further allege that the Firm and representative misrepresented the investments and induced the claimant to retain the investment and cause them to suffer a loss.

There are Recent Customer Complaints with Broker William Kirke in Firm Berthel, Fisher & Company Financial Services, INC.

October 14, 2025 | by Staff Attorney

Previously financial advisor William Kirke (Kirke), previously employed by brokerage firm Berthel, Fisher & Company Financial Services, INC. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on July 29, 2025.

The claimant alleges that the Firm and representative failed to make a suitable recommendation and over-concentrated claimant’s account in an oil & gas private placement and other unspecified investments in 2015. The claimant further allege that the Firm and representative misrepresented the investments and induced the claimant to retain the investment and cause them to suffer a loss.

Broker Steve Cummings in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

October 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steve Cummings (Cummings), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cummings 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 $594,746.00 on August 09, 2025.

The client initially requested an accounting of a decline in account balance over ten years. Two days later the client wrote again stating he suspected either wrong doing, inept or illegal handling of the account.

There are Recent Customer Complaints with Broker Brian Cantel in Firm Berthel, Fisher & Company Financial Services, INC.

October 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Cantel (Cantel), currently associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cantel 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 August 21, 2025.

The claimants allege that the investments purchased from 2015-2022 were unsuitable and/or not in their best interest and were misrepresented to them. In addition, the claimants allege the firm failed to supervise the registered representative and properly supervise the accounts.

Broker Anita Lester in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anita Lester (Lester), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lester 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 $200,000.00 on September 18, 2025.

Claimants allege that two of the non-traded investment programs they invested in 2014 were not suitable and were misrepresented to them and failed to disclose the true risk characteristics of the investments. The claimants also state that after the representative left Berthel Fisher in 2018 that they remained in contact with the representative and were continually advised that their investments were fine and not to worry.

There are Recent Customer Complaints with Broker Brian Cantel in Firm Berthel, Fisher & Company Financial Services, INC.

October 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 01, 2022.

The clients allege the investments they purchased between 2012 and 2019 were misrepresented to them, were unsuitable, and led to overconcentration of high-risk investments in their accounts. They further allege the firm failed to conduct adequate due diligence of the recommended investments and was negligent in its supervision of the representative.

There are Recent Customer Complaints with Broker William Stokes in Firm Berthel, Fisher & Company Financial Services, INC.

October 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Stokes (Stokes), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Stokes recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on November 30, 2022.

The clients allege the investments purchased from 2013-2017 were unsuitable.