Michael Androulakis (CRD #: 2793638), a broker registered with Alexander Capital, is involved in allegations of negligence, according to his BrokerCheck record, accessed on April 6, 2021. There are five other disclosures on his record – keep reading for more information regarding Androulakis’s conduct as a broker. On January 25, 2021, an investor alleged that…

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The short answer is no. It may seem like an easier and quicker way to recover lost money, but the Financial Industry Regulatory Authority (FINRA) and firms do not want financial advisors to be able to avoid reporting your complaint. If their misconduct has cost you money, make sure to recover your funds via official…

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Rudy Molnar (CRD #: 3211892), a broker registered with Ameriprise Financial Services, is facing investor allegations that he recommended a high-risk investment, according to his BrokerCheck record, accessed on March 5, 2021. On December 23, 2020, an investor alleged that Rudy Molnar recommended an unsuitable, risky, and high-commission investment. This was a speculative investment, which…

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Truist Investment Services (CRD #: 17499) is a broker-dealer and a previously registered investment advisory firm that works with SunTrust Bank. SunTrust and Truist Investment Services are based out of Atlanta, Georgia. Truist offers securities, annuities, and life insurance products. This company also does business under the name SunTrust Investment Services. If you have worked…

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Andy Schmitz (CRD #: 1504838), a broker registered with Raymond James Financial Services in Lafayette, Louisiana, was suspended by FINRA, according to his BrokerCheck record, accessed on February 26, 2021. He was suspended over allegations of private securities transactions and outside business activities. This is his second disclosure related to outside business activities – please…

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John Griner (CRD #: 1024669), a broker registered with Benjamin Edwards & Company, consented to a 15-day FINRA suspension, according to his BrokerCheck record, accessed on February 26, 2021. On January 7, 2021, John Griner entered into an Acceptance, Waiver & Consent agreement (AWC) in which he consented to the findings that he affected trades…

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Scott Reed (CRD #: 3007033), a previously registered broker and investment adviser with Wells Fargo in Scottsdale, Arizona, has been barred by Wells Fargo following FINRA allegations that he participated in outside securities transactions. This is according to his BrokerCheck record, accessed on March 1, 2021. On February 19, 2021, Scott Reed entered into an…

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Ron Paull (CRD #: 2968273), a broker registered with Cambridge Investment Research in Archbald, Pennsylvania, is involved in an investor dispute regarding unsuitable mutual fund investments, according to his BrokerCheck record, accessed on March 1, 2021. On January 27, 2021, investors alleged that Ron Paull recommended mutual funds and alternative investments that were unsuitable for…

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William Young (CRD #: 4787488), a broker registered with Kingswood Capital Partners in Rockville, Maryland, is involved in a dispute regarding risky investments, according to his BrokerCheck record, accessed on February 22, 2021. On January 28, 2021, investors alleged that William Young misrepresented risks associated with two types of risky investments: Real estate investments trusts…

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