Financial Advisor Complaints

As a financial analyst and writer, it’s my responsibility to unpack complex issues and make them understandable. Today, I’ll discuss the storm of allegations surrounding Richard G. Michalski, a broker formerly affiliated with Laidlaw & Co. in New York. The SEC and FINRA have brought these allegations against him to the public’s attention. Who is […]

New York Broker Fined for Investors’ Protection Violations Dec 10, 2023—I’m Emily Carter, a financial analyst and writer breaking down complex financial mishaps, and today we’re delving into a concerning case out of New York. There are troubling concerns about investment misconduct from Michael Joseph Murray, a broker at Laidlaw & Company (UK) LTD, known

I’m Emily Carter, a financial analyst and writer, and I want to talk about something that’s making waves in the investment community. Gary Sauve, a representative of Centaurus Financial, Inc., is in a tough spot right now. On September 19, 2023, a customer brought forward a significant allegation. The heart of the complaint is that

The Perils of Complex Financial Products: A Case Study on Auto-callable Structured Notes As a financial analyst and writer, I’ve seen my fair share of investment products. However, Auto-callable Structured Notes recently captured my attention, given their rising reputation for complexity and risk. These notes, steering into the spotlight, have raised eyebrows due to potential

My Deep Dive into the World of REITs and Silver Star’s Plight As a financial analyst and writer, I’ve seen my fair share of investments go south. But the tale of the Silver Star Properties Non-Traded Real Estate Investment Trust (REIT) is one that catches even my seasoned eye. Consider it a cautionary fable: investors

Broker Alert: Jose Marrujo Accused of Fiduciary Duty Violation A major disruption has shaken up the financial community. I’m here to talk about Jose Marrujo, a broker affiliated with Morgan Stanley, who’s embroiled in a dispute that could tarnish his more than twenty years of work in the field. As I checked his BrokerCheck record

Deciphering FINRA’s Response to Broker Misdeeds As a financial analyst and writer, I’ve often seen how breaches in industry norms can rattle the market. In a notable event, investment broker Ashley Gunther’s professional journey hit a stumbling block. Records from her BrokerCheck outline that she was dismissed by her employer, Maryland’s Truist Investment Services. On

Dissecting Joey Miller’s Departure from Arete Wealth Management As a financial analyst and writer in New Braunfels, Texas, I took interest in the recent commotion within our local financial community. Broker Joey Miller, who once held a position at Arete Wealth Management, was discharged shortly before he could transition to Dai Securities. When I sifted

As a financial analyst and writer, I feel compelled to inform you about the recent termination of financial advisor Jeffrey Larson by Arete Wealth Management, which was revealed through his FINRA BrokerCheck record. On October 11, 2023, Larson was dismissed due to his lack of transparency during an internal review. Moreover, on May 18, 2021,

Recently, Sean Pong, a financial advisor widely recognized in our industry, was formally prohibited from practicing by the authoritative Financial Industry Regulatory Authority (FINRA). This organization is responsible for overseeing brokers and brokerage firms, and they took action against Pong following his alleged refusal to participate in an investigation regarding his involvement in unauthorized side