Osaic Wealth

Broker Stephen Denari in Osaic Wealth, INC. Firm Has Customer Complaint

July 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Denari (Denari), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Denari 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 $900,000.00 on March 18, 2020.

Claimants allege an unsuitable investment strategy beginning in 2005.

Broker Espen Platou in Osaic Wealth, INC. Firm Has Customer Complaint

July 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Espen Platou (Platou), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Platou 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 $5,365.00 on March 20, 2020.

Client alleges that he instructed that funds sent to his outside money manager be kept in cash, but instead they were invested in the market. The client is requesting the account loss in value. It was determined that the third-party money manager made the error.

There are Recent Customer Complaints with Broker Thomas Donahue in Firm Osaic Wealth, INC.

July 22, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Donahue (Donahue), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Donahue 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 $115,000.00 on April 01, 2020.

The customer alleged that the representative invested his assets in unsuitable REIT’s without his knowledge, mismanaged his mutual fund portfolio with an untimely recommendation to liquidate, made a poor recommendation to purchase an annuity with a high cost income rider, and misrepresented the risk of these investments; beginning in and around September of 2005.

There are Recent Customer Complaints with Broker Christopher Calandra in Firm Osaic Wealth, INC.

July 8, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Calandra (Calandra), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Calandra 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 July 17, 2020.

Unsuitable investment recommendation is alleged

There are Recent Customer Complaints with Broker Michael Mcnulty in Firm Osaic Wealth, INC.

July 8, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 09, 2020.

Client alleges advisor recommended unsuitable investments. Allegation Activity Dates: 2011 – 2016.

There are Recent Customer Complaints with Broker William Steves in Firm Osaic Wealth, INC.

July 8, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Steves (Steves), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Steves 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 $50,000.00 on July 15, 2020.

Claimant alleges that Mr. Steve’s failed to move one hundred percent of his portfolio to cash.

Broker Carmine Lopresti in Osaic Wealth, INC. Firm Has Customer Complaint

July 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Carmine Lopresti (Lopresti), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Lopresti 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 July 17, 2020.

Claimants allege fraud, negligence, breach of fiduciary duty, and breach of contract

There are Recent Customer Complaints with Broker Michael Palumbos in Firm Osaic Wealth, INC.

July 6, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 26, 2020.

The clients allege the RR provided a poor recommendation in regard to surrendering four annuities in May of 2019, as the resulting tax impact was greater than expected.

There are Recent Customer Complaints with Broker Lee Kramer in Firm Osaic Wealth, INC.

July 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lee Kramer (Kramer), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Kramer 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 $62,000.00 on August 04, 2020.

Allegations of unsuitable investment recommendations related to a business development company.

Broker Rodney Boelter in Osaic Wealth, INC. Firm Has Customer Complaint

July 4, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rodney Boelter (Boelter), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Boelter 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 $11,000.00 on April 13, 2020.

The complainant alleges that in 2020, the rep didn’t make transactions within his account as instructed, which caused him to lose money.