Financial Advisor Complaints

Edward Jones and its seasoned advisor, Bert Mills (CRD# 5614645), are currently under heightened scrutiny in the financial sector following recent allegations involving the misrepresentation of investment portfolio returns. Based in Mesa, Arizona, Bert Mills brings 16 years of industry experience to his role as a broker and investment advisor with Edward Jones, where he […]

Purshe Kaplan Sterling Investments is facing renewed scrutiny following investor allegations against one of its registered financial advisors, Peter Mersberger. With a professional registration spanning more than two decades and a BrokerCheck record revealing a series of investor complaints, Mersberger’s recent involvement in a fifth dispute underscores persistent risks in the sale and recommended use

LPL Financial and former advisor Matthew Parker (CRD# 6010373) of Santa Rosa, California, are at the center of growing industry scrutiny following Parker’s recent termination. This high-profile case raises important questions about the stewardship of client assets, senior investor protection, and the responsibilities that brokers and advisors hold when recommending complex products such as variable

Robert W. Baird & Co. and one of its brokers, Andy Graham (CRD #: 3002329), are under close scrutiny in the financial services sector following multiple investor allegations involving unsuitable recommendations, unauthorized trades, and misrepresentation of risks. The current complaints shine a spotlight not only on Graham’s conduct but also on wider issues in the

Edward Jones and its financial advisor Susan Butler of Independence, Missouri, are facing increased scrutiny following a recent client file a FINRA complaint alleging fund misappropriation. The pending allegation, officially recorded in September 2025, claims that Susan Butler handled approximately $31,000 of investor funds in a manner inconsistent with established ethical and regulatory standards. As

A recent review of FINRA BrokerCheck records reveals a pending customer dispute involving Peter Eugene Black (CRD #1333774), a long-tenured financial advisor currently registered with UBS Financial Services Inc. in Princeton, New Jersey. The file a FINRA complaint, which has evolved into a FINRA arbitration, highlights issues that investors are often encouraged to monitor closely

David Lerner Associates, a prominent investment firm based in the Northeast, has recently come under scrutiny following multiple client complaints targeting one of its financial professionals: Alan Lowenfells. Based in White Plains, New York, Alan Lowenfells is a registered broker with over two decades of securities industry experience. However, a recent wave of allegations has

UBS Financial Services and one of its registered professionals, Todd Kennedy (CRD #: 2382823), are once again in the spotlight due to serious allegations surrounding the handling of a client’s investment portfolio. With more than two decades of industry experience and nearly a decade at UBS Financial Services, Kennedy finds himself responding to claims that

Cambridge Investment Research—operating under the business name Vast Wealth Advisors—and advisor Jessica Jung are at the center of growing discussions about suitability and due diligence in the financial advisory industry. Recently, a significant investor file a FINRA complaint has emerged against Jessica Jung (CRD# 4922155), raising important questions for investors and industry professionals alike regarding

FBL Marketing Services and broker Douglas Burchett (CRD #1740800) are currently under scrutiny due to significant allegations put forth by an investor regarding potentially unsuitable investment advice and misrepresentation of investment risks. This customer FINRA arbitration what to expect, registered on September 2, 2025, marks a pivotal moment in the professional record of Douglas Burchett,