Financial Advisor Complaints

Empower Advisory Group terminated financial advisor Eric Handis (CRD #: 2399280) on August 20, 2025, following the emergence of serious allegations related to his conduct. The termination, now disclosed on BrokerCheck and accessed on October 7, 2025, has stirred significant concern in the investment community and highlights the enduring importance of diligence when choosing a […]

Wells Fargo Advisors has established itself as a major player in the financial services industry, employing experienced professionals like Jason Pitts to serve clients nationwide. Based in Ashburn, Virginia, Jason Pitts is an investment advisor and broker with 32 years in the securities industry. His career, spanning nine firms and 41 state licenses, includes tenures

Valmark Securities recently terminated financial advisor Aaron Hammer (CRD#: 4803779) following a series of alleged policy violations. This development, which took effect on August 21, 2025, has sent ripples through the financial services industry and sparked conversations about the critical role of compliance. With Aaron Hammer previously registered as a broker with **Transitional Broker** and

Brookstone Wealth Advisors and its financial advisor, Anita Lester of Gurnee, Illinois, are under scrutiny following a substantial investor file a FINRA complaint alleging losses of $200,000. With over 23 years in the financial services industry, Anita Lester currently serves as a representative of Brookstone Wealth Advisors and has a career spanning several well-known firms,

Edward Jones and one of its former financial advisors, Guru Sowle (CRD #:7234667), have recently come under industry scrutiny following the voluntary resignation of Sowle amid allegations of improper professional conduct. On August 22, 2025, Guru Sowle left his role at Edward Jones after the firm initiated an internal review into questionable churning and excessive

Cova Capital Partners and veteran financial advisor Matthew Zagon are at the center of recent scrutiny in the financial services sector following fresh allegations of investment misrepresentation. Based in Syosset, New York, Matthew Zagon currently serves as a registered representative with Cova Capital Partners, bringing with him nearly two decades of industry experience. Yet recent

Charles Schwab & Co. recently found itself in the spotlight following the termination of one of its financial advisors, Jeff Kronschnabl (CRD #: 4346610). The decision, made public on August 22, 2025, has generated significant attention within the financial services community. As with any high-profile employment separation, understanding the facts, implications, and broader industry context

Voya Financial Advisors and its long-term representative, Sal LaRocca, based in Melville, New York, have come under renewed scrutiny following recent regulatory actions and client complaints. With a career spanning nearly four decades in the securities industry, Sal LaRocca (CRD# 1742689) reflects the complexities and responsibilities inherent in providing wealth management and financial planning services.

LPL Financial, a leading brokerage firm, has made headlines with the recent termination of one of its registered representatives, Timothy Volker. According to disclosures published on October 7, 2025, the decision to sever ties with Volker (CRD #: 6822657) was taken after a series of serious allegations regarding his professional conduct came to light. This

Strategy Asset Managers and their Pasadena-based representative, Tom Hulick, are at the center of a recent investor file a FINRA complaint that’s drawing attention to the inherent risks in closed-end fund investments—as well as the broader concerns surrounding the fiduciary vs suitability standard of complex financial products. This unfolding case highlights the essential importance of