Chelsea Financial Services

Broker Baron Willis in Chelsea Financial Services Firm Has Customer Complaint

July 25, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Baron Willis (Willis) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Willis was employed by Chelsea Financial Services at the time of the activity. If you have been a victim of Willis’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $23,979.19 on March 20, 2020.

Rep engaged in selling away without the firm’s authorization and investment became worthless

There are Recent Customer Complaints with Broker Douglas Keller in Firm Chelsea Financial Services

July 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Keller (Keller), previously associated with Chelsea Financial Services, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Keller 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 $100,000.00 on August 10, 2020.

Client alleges a 2015 replacement insurance policy’s fees and surrender scheduled were misrepresented.

There are Recent Customer Complaints with Broker Douglas Keller in Firm Chelsea Financial Services

April 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Keller (Keller), previously associated with Chelsea Financial Services, has at least one disclosable event. These events include one customer complaint, alleging that Keller 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 $100,000.00 on August 10, 2020.

Client alleges a 2015 replacement insurance policy’s fees and surrender scheduled were misrepresented.

Broker George Warner in Chelsea Financial Services Firm Has Customer Complaint

February 27, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker George Warner (Warner) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Warner was employed by Chelsea Financial Services at the time of the activity. If you have been a victim of Warner’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on March 09, 2021.

Without admitting or denying the findings, Warner consented to the sanction and to the entry of findings that he failed to produce information or documents requested by FINRA in connection with an investigation into his potential participation in undisclosed private securities transactions.

There are Recent Customer Complaints with Broker Charles Bloom in Firm Chelsea Financial Services

January 20, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Bloom (Bloom), previously associated with Chelsea Financial Services, has at least one disclosable event. These events include one customer complaint, alleging that Bloom 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 $75,000.00 on October 25, 2021.

UNSUITABLE RECOMMENDATION, VIOLATION OF FINRA 3110, BREACH OF FIDUCIARY DUTY, NEGLIGENCE

There are Recent Customer Complaints with Broker Keith Cuomo in Firm Chelsea Financial Services

November 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 17, 2022.

The complainant alleges, that on January 24, 2022, she was sold a fixed index annuity, and the registered representative misrepresented several key factors of the product.

There are Recent Customer Complaints with Broker Ronald Eiger in Firm Chelsea Financial Services

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Eiger (Eiger), currently associated with Chelsea Financial Services, has at least one disclosable event. These events include one customer complaint, alleging that Eiger 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 $50,000.00 on April 10, 2023.

Claimants allege that they were recommended unsuitable REIT investments

There are Recent Customer Complaints with Broker George Cairnes in Firm Chelsea Financial Services

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker George Cairnes (Cairnes), previously associated with Chelsea Financial Services, has at least one disclosable event. These events include one regulatory event, alleging that Cairnes recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on April 18, 2024.

Between May 2015 and April 2023, Respondent personally benefitted from his relationship with a Client as a result of a real estate business arrangement Respondent entered into with the Client. Respondent’s role included identifying real estate investment opportunities, assisting with buying & selling the properties, repairs to properties, collecting rent from tenants of those properties, & handling disputes with neighbors to those properties. The Client provided financing for all the transactions. Notably, Respondent assisted the Client in establishing a line of credit collateralized by the Client’s brokerage accounts to finance certain real estate transactions. Respondent received at least $175,000 from the Client for his role in these activities. Wells Fargo’s written policies prohibited associates from receiving an improper benefit as a result of their position or relationship with a client & engaging in outside activities unless receiving prior approval from Wells Fargo. Respondent did not seek approval or disclose to Wells Fargo the work he was engaged in with the Client’s real estate transactions.

Michael Bastardi Subject to Multiple Churning Complaints

June 17, 2019 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Michael Bastardi (Bastardi) has been subject to at least two customer complaints, one regulatory action, and one tax or lien judgment during his career. Bastardi was formerly employed by Chelsea Financial Services (Chelsea Financial) and National Securities Corporation (National Securities). The majority of the customer complaints against Bastardi concern allegations of high frequency trading activity also referred to as churning.

In May 2019 Bastardi consented sanctions and an industry bar from FINRA due to the findings that he refused to provide documents and information requested by FINRA in connection with an investigation into the allegations disclosed on a termination statement. FINRA found that the termination disclosure stated that Bastardi was the subject of a customer complaint alleging that he had engaged in unsuitable margin trading, unauthorized trading, fraud and forgery when he was registered through two member firms, resulting in damages of approximately $250,000.

Broker George Warner Sanctioned Over Altering Client Records

December 8, 2017 | by Staff Attorney

According to BrokerCheck records financial advisor George Warner (Warner), currently associated with Chelsea Financial Services (Chelsea Financial), has been subject to one customer complaint, one regulatory action, and two terminations for cause. According to records kept by The Financial Industry Regulatory Authority (FINRA), in June 2013, LPL Financial LLC (LPL Financial) terminated Warner for cause alleging that he obtained client signatures on black account transfer forms. Thereafter, Warner was terminated from NFP Advisors Services (NFP Advisors) under similar circumstances. NFP Adviosrs claimed in November 2014 that Warner corrected client documents after the client had signed them.

In April 2017, FINRA sanctioned Warner stated that Warner altered various customer documents on at least five occasions after the documents had already been signed by the customers. FINRA found that Warner corrected or included the customer’s anticipated liquidity needs, net worth, liquid net worth, and/or annual income on new account forms, alternative investment disclosure forms, and an IRA application.

Often times, brokers change client information or have clients sign documents in blank in order to use false information to purchase products that the client is otherwise not qualified to purchase.