Commonwealth Financial Network Tag Archives

Broker Michael Sullum in Commonwealth Financial Network Firm Has Customer Complaint

December 1, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 05, 2022.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment.

Broker Steven Aiken in Commonwealth Financial Network Firm Has Customer Complaint

November 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Aiken (Aiken), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Aiken 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 $16,424.22 on May 03, 2022.

Client looking for short term production better than bank CD, but wanted principal guarantee as assets were to be used to purchase a home. Value decreased

There are Recent Customer Complaints with Broker Vanessa Jilot in Firm Commonwealth Financial Network

November 10, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint with a damage request of $1,200,000.00 on July 28, 2022.

Client alleges advisor should have protected him from a scammer posing as a United States custom agent who convinced the client to withdraw all of the funds from his account. Client admits in the Statement of Claim that he told the advisor he needed the funds to help his mother buy a property.

Broker Lina Bowman in Commonwealth Financial Network Firm Has Customer Complaint

November 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lina Bowman (Bowman), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Bowman 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 $72,518.67 on August 25, 2025.

Customer alleging sale of variable annuity was unsuitable.

Broker Kurt Jackson in Commonwealth Financial Network Firm Has Customer Complaint

October 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kurt Jackson (Jackson), currently associated with Commonwealth Financial Network, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Jackson 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 $150,000.00 on September 03, 2025.

Claimant alleges that certain investments on her portfolio were unsuitable

Broker Kurt Jackson in Commonwealth Financial Network Firm Has Customer Complaint

October 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kurt Jackson (Jackson), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Jackson 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 $5,000.00 on November 22, 2022.

Claimants allege Kestra breached it’s fiduciary duty, made unsuitable recommendations, and misrepresented the investment product. Additionally it is alleged that Kestra failed to properly supervise and provide training to representatives.

Broker Christie Caliva in Commonwealth Financial Network Firm Has Customer Complaint

September 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christie Caliva (Caliva), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Caliva 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 $40,000.00 on April 12, 2023.

Client alleging investment in Franklin Square Investment Corp. III was unsuitable.

There are Recent Customer Complaints with Broker Shabri Moore in Firm Commonwealth Financial Network

September 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shabri Moore (Moore), previously associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Moore 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 $235,391.33 on April 17, 2023.

Client alleging that the sale of two variable life insurance products were unsuitable.

There are Recent Customer Complaints with Broker Joseph Appolito in Firm Commonwealth Financial Network

August 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Appolito (Appolito), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Appolito 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 $300,000.00 on September 15, 2022.

Breach of fiduciary duty, unsuitability, material misrepresentations and omission, breach of contract, violation of California securities law, violation of FINRA rules 2010, IM-2310-2, and 2020.

Broker Michael Hebert in Commonwealth Financial Network Firm Has Customer Complaint

July 21, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 05, 2025.

Customers allege that investments made in 2014 were unsuitable for the customers’ investment objectives and risk tolerance.