Berthel

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

September 30, 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 settled customer complaint on December 08, 2022.

The client, through his counsel contacted the Firm’s counsel regarding potential claims relating to suitability of the alternative investments purchased by the client from 2011 through 2016.

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

September 8, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 09, 2023.

The claimant alleged the investments purchased from 2010-2017 were unsuitable and misrepresented to him by the representative. The claimant alleged the firm failed to conduct due diligence on the investments and failed to supervise the representative’s activities.

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

September 3, 2025 | by Staff Attorney

Previously financial advisor Mark Vanvoorhees (Vanvoorhees), 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.

Broker Darryl Tureaud in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

August 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Darryl Tureaud (Tureaud), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Tureaud 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 $50,000.00 on June 11, 2025.

The claimant alleged the representative failed to conduct adequate and reasonable due diligence when recommending an investment strategy to invest in an unsuitable, illiquid, and speculative non-traded real estate investment trust in June 2015. Additionally the claimant alleged the representative continued to misrepresent the investment as relatively safe and low risk when compared to other investment classes.

Broker Ryan Derks in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

July 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Derks (Derks), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Derks 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 $600,000.00 on July 28, 2023.

Unauthorized sale of stock.

Broker Christopher Ordway in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Ordway (Ordway), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Ordway 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 $170,000.00 on October 18, 2023.

The claimant alleges that in 2015 the representative sold high-commission, complex, risky, illiquid alternative investments which were unsuitable and misrepresented to him. The client further alleges that the representative and Firm failed to conduct adequate due diligence.

Broker Genevieve Mar in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

June 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Genevieve Mar (Mar), currently associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mar 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 December 18, 2023.

The claimants allege that the investments they purchased from 2012 to 2015 were unsuitable and misrepresented to them by the representative. In addition, the claimants allege the firm failed to supervise the representative’s activities.

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

June 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Craig Fredrickson (Fredrickson), currently associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Fredrickson 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 $499,999.00 on February 13, 2024.

The claimant alleges the investments he purchased in 2015 were unsuitable and was misrepresented to him. In addition the client alleges that the Firm and registered representative breached their fiduciary duties and that the Firm failed to supervise the representative.

Broker Vincent Bailey in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

May 15, 2025 | by Staff Attorney

Previously financial advisor Vincent Bailey (Bailey), 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 April 07, 2025.

The claimant alleges that the Firm and representative failed to make a suitable recommendation and over-concentrated claimant’s account in alternative investments and private placements in 2014 & 2015. The claimant further allege that the Firm and representative misrepresented the investments and induced the claimant to retain the investment and cause him to suffer a loss.

Broker Vincent Bailey in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

April 24, 2025 | by Staff Attorney

Previously financial advisor Vincent Bailey (Bailey), 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 with a damage request of $235,000.00 on July 02, 2024.

The claimants allege that the Firm and representative failed to make a suitable recommendation and over-concentrated claimants’ accounts in alternative investments and private placements from 2009 to 2019. Claimants further allege that the Firm and representative misrepresented the investments and induced the clients to retain the investment causing the clients to suffer a loss.