Articles Tagged with Madison Avenue Securities

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dimitry Tikhonov (Tikhonov), currently associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Tikhonov 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 $340,000.00 on February 24, 2026.

Unsuitable recommendations. Alleged activity occurred between September 2013 and November 2025.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Megan Clark (Clark), currently associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Clark 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 $23,561.86 on December 01, 2020.

Breach of fiduciary duty, unsuitable recommendations, failure to supervise

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Kissling (Kissling), previously associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kissling 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 $175,000.00 on May 18, 2020.

Claimants allege failure to conduct Due Diligence on several points, unsuitable recommendation, over concentration, misrepresentations and omissions in violation of FINRA regulations in the sale of alternative investments in 2012.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Mccarthy (Mccarthy), previously associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mccarthy 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 $1,600,000.00 on January 17, 2026.

The complaint alleges the advisor managed the client’s financial affairs without a Durable Power of Attorney and allegedly facilitated the disappearance of $1.6 million from three of the client’s bank accounts between January 2018 and June 2024. The advisor also allegedly failed to report the client’s death and the advisor’s family received money and assets from the client’s accounts. In addition, unauthorized changes were allegedly made to the client’s beneficiaries without proper signatures. A limited partnership remains registered under the client’s name.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Olsen (Olsen), previously associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Olsen 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 $582,000.00 on January 20, 2026.

Claimants allege unsuitable recommendations on 1031 Exchange Alternative Investments.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Janis (Janis), previously associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Janis 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 $100,000.00 on September 08, 2020.

Unsuitable recommendation of GPB Automotive.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Cirbo (Cirbo), currently associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cirbo 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 $155,000.00 on September 17, 2020.

Unsuitable recommendation of GPB Automotive

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Distler (Distler), currently associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Distler 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 $10,000.00 on December 16, 2020.

Recommended unsuitable investments, breach of fiduciary duty and negligence.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Hilgardt Lamprecht (Lamprecht), currently associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lamprecht 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 $45,000.00 on December 22, 2025.

Unsuitable VUL recommendation, undisclosed compensation conflicts, non-delivery of paid planning services, operational failures following termination.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Williams (Williams), previously associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Williams 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 $30,000.00 on May 10, 2021.

Claimants allege unsuitable recommendations of multiple alternative investments, failure to supervise and complete loss of an investment in a company run by the representative.

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