Commonwealth Financial Network Tag Archives

Broker Marvin Vick in Commonwealth Financial Network Firm Has Customer Complaint

August 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marvin Vick (Vick), previously associated with Commonwealth Financial Network, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Vick 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 $86,437.42 on June 30, 2020.

Claimant alleges that starting in January 2015, respondent recommended he purchase shares in an unsuitable limited partnership, Vanguard Natural Resources (“VNR”), which caused him to incur $86,437.42 in taxes and penalties in his ROTH IRA.

Broker Keith Tomer in Commonwealth Financial Network Firm Has Customer Complaint

July 22, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Keith Tomer (Tomer), currently associated with Commonwealth Financial Network, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Tomer 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 $15,060.00 on April 02, 2020.

Executor feels unnecessary delays were made in liquidating the estate account which resulted in decreased value in the account at the time of liquidation in March 2020.

There are Recent Customer Complaints with Broker Roberta Nestor in Firm Commonwealth Financial Network

July 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roberta Nestor (Nestor), currently associated with Commonwealth Financial Network, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Nestor 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 $895,000.00 on August 07, 2020.

Broker David Omura in Commonwealth Financial Network Firm Has Customer Complaint

July 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Omura (Omura), currently associated with Commonwealth Financial Network, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Omura 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 $72,927.00 on August 13, 2020.

Clients allege that an error which RR acknowledged and agreed to remedy, was, among other things, a violation of Hawaii securities laws.

There are Recent Customer Complaints with Broker Keith Tomer in Firm Commonwealth Financial Network

June 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Keith Tomer (Tomer), currently associated with Commonwealth Financial Network, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Tomer 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 $15,060.00 on April 02, 2020.

Executor feels unnecessary delays were made in liquidating the estate account which resulted in decreased value in the account at the time of liquidation in March 2020.

Broker Kurt Jackson in Commonwealth Financial Network Firm Has Customer Complaint

June 18, 2026 | 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 pending customer complaint with a damage request of $5,000.00 on March 16, 2026.

Claimant alleges the FP recommended unsuitable alternative investments.

Broker Marvin Vick in Commonwealth Financial Network Firm Has Customer Complaint

April 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marvin Vick (Vick), previously associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Vick 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 $86,437.42 on June 30, 2020.

Claimant alleges that starting in January 2015, respondent recommended he purchase shares in an unsuitable limited partnership, Vanguard Natural Resources (“VNR”), which caused him to incur $86,437.42 in taxes and penalties in his ROTH IRA.

There are Recent Customer Complaints with Broker Roberta Nestor in Firm Commonwealth Financial Network

April 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roberta Nestor (Nestor), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Nestor 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 $895,000.00 on August 07, 2020.

When your financial advisor is providing advice they must adhere to the SEC’s Regulation Best Interest (Reg BI) rule and standard of care. Reg BI replaced the former “suitability” rule and created a ‘best interest’ standard for brokerage firms and registered representatives. This standard applies when brokers make recommendations to retail customer for any securities transaction or investment strategy involving securities, including recommendations of types of accounts. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts.

There are Recent Customer Complaints with Broker David Omura in Firm Commonwealth Financial Network

April 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Omura (Omura), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Omura 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 $72,927.00 on August 13, 2020.

Clients allege that an error which RR acknowledged and agreed to remedy, was, among other things, a violation of Hawaii securities laws.

Broker Peter Yacovone in Commonwealth Financial Network Firm Has Customer Complaint

April 6, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on February 04, 2026.

Financial Advisors providing advice to retail investors are required to adhere to the SEC’s Regulation Best Interest (Reg BI). Reg BI applies a ‘best interest’ standard for broker-dealers and their associated people. This Reg BI standard of care applies to registered representatives making recommendations to customers in the purchase, sale, or exchange of securities or the implementation of investment strategies involving securities and non-securities. The rule also applies to the handling of opening accounts such as account transfers and types of accounts being recommended to be opened. This Reg BI standard of care applies to registered representatives making recommendations to customers in the purchase, sale, or exchange of securities or the implementation of investment strategies involving securities and non-securities. The rule also applies to the handling of opening accounts such as account transfers and types of accounts being recommended to be opened.