Independent Financial Group

There are Recent Customer Complaints with Broker Shawn Davis in Firm Independent Financial Group, LLC

February 13, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shawn Davis (Davis), previously associated with Independent Financial Group, LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Davis 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 $5,001.00 on June 14, 2021.

Allege investment in a high concentration of high-risk, illiquid invesments which was not suitable

There are Recent Customer Complaints with Broker John Rice in Firm Independent Financial Group, LLC

February 12, 2026 | by Staff Attorney

Previously financial advisor John Rice (Rice), previously employed by brokerage firm Independent Financial Group, LLC 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 $250,000.00 on June 21, 2021.

Allege investment in non-traded REITs was not suitable

There are Recent Customer Complaints with Broker Jeffrey Senglaub in Firm Independent Financial Group, LLC

February 11, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Senglaub (Senglaub), currently associated with Independent Financial Group, LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Senglaub 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 $390,807.00 on June 28, 2021.

Claimant alleges the representative improperly concentrated his investment accounts with unsuitable alternative investments.

There are Recent Customer Complaints with Broker Shimshon Plotkin in Firm Independent Financial Group, LLC

February 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shimshon Plotkin (Plotkin), previously associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Plotkin 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 $100,000.00 on November 26, 2025.

Alleges investment was unsuitable

Broker Matthew Hurley in Independent Financial Group, LLC Firm Has Customer Complaint

February 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Hurley (Hurley), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hurley 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 $206,000.00 on December 11, 2025.

Alleges that investments were highly risky, foreign, concentrated and not suitable, resulting in losses.

Broker Stewart Ginn in Independent Financial Group, LLC Firm Has Customer Complaint

February 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stewart Ginn (Ginn), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ginn 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 $213,142.00 on December 24, 2025.

Alleges accounts were subjected to high management fees, margin charges and commissions that were not suitable/appropriate and that resulted in losses.

Broker Ben Putman in Independent Financial Group, LLC Firm Has Customer Complaint

January 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ben Putman (Putman), previously associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Putman 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 $52,000.00 on August 06, 2021.

ALLEGE INVESTMENT WAS NOT SUITABLE

Broker Chad Schiel in Independent Financial Group, LLC Firm Has Customer Complaint

January 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Chad Schiel (Schiel), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Schiel 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 $150,000.00 on September 01, 2021.

Allege investments were not suitable and that there was an overconcentration of illiquid products.

Broker Marcus Henderson in Independent Financial Group, LLC Firm Has Customer Complaint

January 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marcus Henderson (Henderson), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Henderson 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 September 02, 2021.

Customer alleges that representative gave poor advice with regard to the withdrawal, and subsequent exchange, from a Variable Life Policy to a Universal Life Policy resulting in a tax liability.

There are Recent Customer Complaints with Broker Franklin Lara in Firm Independent Financial Group, LLC

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Franklin Lara (Lara), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lara 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 $469,130.00 on October 06, 2021.

Allege investments were not suitable and were not in line with clients stated objectives.