Securities Lawyers Blog
Currently financial advisor Robert Reese (Reese), currently employed by brokerage firm Innovation Partners 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 $500,000.00 on March 08, 2026.
Client alleges Mr. Reese invested client’s funds in illiquid, private placements. Reese misrepresented the alternative investments incorporated less risk than the securities markets. These investments were concentrated in life insurance and real estate.