Independent Financial Group

Broker Charles Weldon in Independent Financial Group, LLC Firm Has Customer Complaint

April 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Weldon (Weldon), currently associated with Independent Financial Group, LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Weldon recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on February 18, 2025.

Claimants allege losses in their accounts.

There are Recent Customer Complaints with Broker Hui Zhang in Firm Independent Financial Group, LLC

April 13, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 05, 2025.

Claimants allege unsuitable investment recommendations

Broker Alexander Creede in Independent Financial Group, LLC Firm Has Customer Complaint

March 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexander Creede (Creede), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Creede 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 February 11, 2025.

Claimant alleges unsuitable recommendations into high-risk bonds.

Broker Williams Butcher in Independent Financial Group, LLC Firm Has Customer Complaint

March 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Williams Butcher (Butcher), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Butcher 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 February 11, 2025.

Claimant alleges unsuitable recommendations into high-risk bonds.

Broker Syauching Hung in Independent Financial Group, LLC Firm Has Customer Complaint

March 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 04, 2025.

Claimant alleges they were sold an alternative investment that was unsuitable. Additionally, the claimant alleges the Representative misrepresented the investment as riskless and that it would provide guaranteed income.

There are Recent Customer Complaints with Broker Daniel Loy in Firm Independent Financial Group, LLC

March 25, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on March 04, 2025.

Claimant alleges they were sold an alternative investment that was unsuitable. Additionally, the claimant alleges the Representative misrepresented the investment as riskless and that it would provide guaranteed income.

There are Recent Customer Complaints with Broker Angelo Talebi in Firm Independent Financial Group, LLC

March 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Angelo Talebi (Talebi), previously associated with Independent Financial Group, LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Talebi 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 January 22, 2025.

Alleges investment was not suitable

There are Recent Customer Complaints with Broker Daniel Mann in Firm Independent Financial Group, LLC

February 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Mann (Mann), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mann 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 $25,449.82 on January 13, 2025.

Client alleged that notes did not perform as anticipated, resulting in losses.

Broker Michael Tannery in Independent Financial Group, LLC Firm Has Customer Complaint

February 5, 2025 | by Staff Attorney

Currently financial advisor Michael Tannery (Tannery), currently 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 pending customer complaint with a damage request of $150,000.00 on January 03, 2025.

The statement of claim does not contain any specific information on which investments were not suitable, just that the complexities of the investments were not fully explained, and the risks were not disclosed in a fair and balanced manner (including their illiquidity, lack of transparency and the nature of a complex alternative investment such as a reit).

Gana Weinstein Represents Victims of Financial Advisor Stewart Ginn

February 5, 2024 | by Staff Attorney

The attorneys at Gana Weinstein LLP are currently representing victims of financial advisor Stewart Ginn (Ginn), currently employed by Independent Financial Group, LLC (IFG). BrokerCheck records reports that Ginn has been subject to at least six customer complaints during the course of his career and one pending regulatory action. According to records kept by The Financial Industry Regulatory Authority (FINRA), Ginn’s customer complaint alleges that Gin engaged in excessive trading or churning of investor accounts among other allegations of misconduct relating to the handling of their accounts.

On October 17, 2023 FINRA named Ginn as a respondent in a complaint alleging that he churned and excessively traded customer accounts. FINRA alleges that none of the customers was an aggressive investor, one of the customers was in her late 80s and suffering from a cognitive disability; a second retired customer was in her late 70s; and a third retired customer was between 69 and 71 years old. FINRA found that Ginn engaged in frequent in-and-out trades in the customer accounts, while charging high commissions on both buys and sells. According to the complaint, Ginn’s trading caused the customers to incur realized losses of more than $2.22 million, while generating more than $2.24 million in commissions for Ginn and his member firm.