Commonwealth Financial Network

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.

There are Recent Customer Complaints with Broker Mark Erwin in Firm Commonwealth Financial Network

July 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Erwin (Erwin), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Erwin 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 $144,448.24 on November 01, 2023.

Client alleges that RR allowed her husband to make distributions from her account despite fact that RR personally spoke with client on almost all occasions related to the transactions and the client herself was emailed copies of the required forms.

Broker Richard Rustic in Commonwealth Financial Network Firm Has Customer Complaint

June 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Rustic (Rustic), currently associated with Commonwealth Financial Network, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Rustic recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on February 23, 2024.

Daughter of deceased client alleging advisor breached his fiduciary duty when he allowed the decedent to sign a change of beneficiary form, changing the beneficiary of several IRAs from the daughter to the decedent’s wife.

There are Recent Customer Complaints with Broker Richard Hand in Firm Commonwealth Financial Network

June 8, 2025 | by Staff Attorney

Previously financial advisor Richard Hand (Hand), previously employed by brokerage firm Commonwealth Financial Network 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 settled customer complaint with a damage request of $35,000.00 on January 12, 2024.

Customer alleges representative recommended unsuitable investments in REITs during the time period 2014-2016

Broker Bryan Chew in Commonwealth Financial Network Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bryan Chew (Chew), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Chew 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 $18,077.42 on January 26, 2024.

Brokers are required to adhere to the SEC’s Regulation Best Interest (Reg BI) standard of care under the Securities Exchange Act of 1934 which establishes a ‘best interest’ standard for broker-dealers and associated persons. Reg BI applies when brokers recommend a retail investor engage in securities transaction or an investment strategy involving one or more securities. Reg BI also applies to financial advice concerning the transfer of funds and opening of accounts. Reg BI is drawn from fiduciary principles that include an obligation to act in the retail investor’s best interest and the broker is prohibited from placing their own interests ahead of the investor’s interest.

Broker John Carty Campbell in Commonwealth Financial Network Firm Has Customer Complaint

May 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Carty Campbell (Carty Campbell), previously associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Carty Campbell 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 March 06, 2024.

Client alleging advisor sold unsuitable alternative investments.