M Holdings Securities

Broker James Cheney in M Holdings Securities, INC. Firm Has Customer Complaint

April 8, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Cheney (Cheney), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cheney 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 January 27, 2026.

Client alleges the RR misrepresented the terms of a variable life insurance policy purchased in 1993.

There are Recent Customer Complaints with Broker Stephen Mongie in Firm M Holdings Securities, INC.

March 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Mongie (Mongie), previously associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mongie 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 $300,000.00 on November 13, 2020.

Consumer alleges failure to timely cancel insurance policy.

There are Recent Customer Complaints with Broker David Buckwald in Firm M Holdings Securities, INC.

February 11, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 02, 2021.

Mr. Buckwald is a named respondent. Consumer alleges forgery of trustee’s signatures on insurance policy application; replacement and application of an insurance policy without consent; and unsuitability of insurance product. The alleged activity occurred in 2019.

There are Recent Customer Complaints with Broker Judson Teekell in Firm M Holdings Securities, INC.

July 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Judson Teekell (Teekell), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Teekell 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 $1,000,000.00 on October 18, 2023.

Plaintiff alleges that she was advised to allow her policy to lapse in order to retrieve the cash value of the policy which could be used to fund a new policy with her intended beneficiaries, ultimately resulting in damages.\, \, The action was originally filed in State Court and has subsequently been moved to the Federal District Court for the Western District of Oklahoma.

There are Recent Customer Complaints with Broker Anthony Pace in Firm M Holdings Securities, INC.

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Pace (Pace), currently associated with M Holdings Securities, INC., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Pace 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 $83,799.00 on June 12, 2024.

The client was advised they did not have to take RMDs in 2016-2022 because they were employed. Advisor missed that the client was a 5% owner and, therefore did have to take distributions.

There are Recent Customer Complaints with Broker Shane Johnson in Firm M Holdings Securities, INC.

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shane Johnson (Johnson), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Johnson 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 $98,364.14 on July 25, 2024.

A representative at the firm supervised by Shane Johnson provided incorrect illustrations to the clients at the time of sale in September 2023 resulting in distributions that were lower than intended. The error was discovered by the firm and disclosed to the client and it was handled through errors and omissions insurance and the clients were made whole. The resulting release agreement named Shane Johnson as allegedly providing incorrect illustrations.

Broker Francis Burke in M Holdings Securities, INC. Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francis Burke (Burke), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Burke 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 $98,364.14 on July 25, 2024.

A representative at the firm supervised by Francis Burke provided incorrect illustrations to the clients at the time of sale in September 2023 resulting in distributions that were lower than intended. The error was discovered by the firm and disclosed to the client and it was handled through errors and omissions insurance and the clients were made whole. The resulting release agreement named Francis Burke as allegedly providing incorrect illustrations despite having no contact with the clients and not being listed on the policies.

Broker Patrick Maguire in M Holdings Securities, Inc. Firm Has Customer Complaint

February 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Patrick Maguire (Maguire), currently associated with M Holdings Securities, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Maguire 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 $1,234,482.59 on December 10, 2024.

Client alleges the registered representative failed to exercise reasonable care and diligence in the sale of a Fixed Universal Life Insurance policy, including alleged failure to disclose the characteristics, costs and pricing of the policy.\, Policy signed 10/27/2021

Broker Thomas Rapp in M Holdings Securities, Inc. Firm Has Customer Complaint

January 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Rapp (Rapp), currently associated with M Holdings Securities, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Rapp 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 $1,234,482.59 on December 11, 2024.

Client alleges the registered representative failed to exercise reasonable care and diligence in the sale of a Fixed Universal Life Insurance policy, including alleged failure to disclose the characteristics, costs and pricing of the policy. Policy signed 10/27/2021

Advisor Dean Grant Arrested On Charges of Defrauding His Investment Clients

April 13, 2019 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) advisor Dean Grant (Grant), formerly associated with M Holdings Securities, Inc. (M Holdings), and operating under the d/b/a name Dean Grant Financial and GFG Strategic Advisors was arrested in February 2019 on charges of fraud. Grant’s company purportedly offers financial and estate planning, life insurance, retirement planning, charitable giving, disability and long-term care. In addition, Grant has three tax liens totaling approximately $150,000.

Grant purportedly turned himself in after an investigation by the Georgia Insurance Commissioner’s Office showed he used nearly $600,000 from at least three clients for his personal gain. Yet, Grant apparently did not obtain any insurance investments with the money. Grant was charged with three counts of insurance fraud, three counts of theft by taking, one count of forgery and two counts of trafficking of an elder person. Authorities claim that clients made checks made out to Dean Grant Financial and then he made checks made out to Dean Grant himself taking the money.

The providing of loans or selling of notes and other investments outside of a brokerage firm constitutes impermissible private securities transactions – a practice known in the industry as “selling away”.