The Financial Industry Regulatory Authority (FINRA) has fined Cetera Advisor Networks, Cetera Advisors, and Cetera Financial Specialists $1 million, following allegations that Cetera failed to supervise its representatives. FINRA requires that firms supervise their registered representatives to ensure that they only recommend financial products that suit their customers’ needs. On December 9, 2020, Cetera entered…

Read More

Brett Briggs (CRD #: 1226255), a broker registered with Western International Securities, has been barred by FINRA, according to his BrokerCheck record, accessed on December 22, 2020. Details of FINRA’s action along with descriptions of his previous disclosures are provided below. On November 17, 2020, Brett Briggs was barred by FINRA, following allegations that he…

Read More

Brian DiBrino (CRD #: 2837066), a broker and a previously registered investment adviser, is facing multiple allegations, according to his Broker Check record, accessed on August 25, 2020. Mr. DiBrino is registered as a broker with American Portfolios Financial Services, Inc. He was an investment adviser with First Allied Securities prior to his termination from…

Read More

David Turetzky (CRD #: 2954337), a broker and an investment adviser registered with Ameriprise Financial Services, is facing multiple allegations that he failed to supervise, according to his BrokerCheck record, accessed August 26, 2020. On June 3, 2020 and, subsequently on July 2, 2020, multiple clients filed complaints alleging that David Turetzky mismanaged his clients’…

Read More

Bfc Planning is a Registered Investment Advisor firm, based in Cedar Rapids, Iowa. The firm is licensed to provide investor services in 51 U.S. states and territories. As a Registered Investment Advisor, this company is a fiduciary, meaning it is required by SEC regulations to act in its clients’ best interests.  Are you a client of…

Read More

Mark Reinstein (CRD#: 1486887), a registered representative with Cabot Lodge Securities LLC (CRD#: 159712) in Greenville, South Carolina, is currently involved in two pending customer disputes, according to his BrokerCheck record accessed on May 26, 2020. Read on for more details about these complaints against Mark Reinstein. On April 15, 2020, a customer alleged that…

Read More

Frank Avallone (CRD#: 4814368), a registered representative with National Securities Corporation (CRD#: 7569) in South Norwalk, Connecticut, is currently involved in two pending customer disputes over suitability, according to his BrokerCheck record accessed on May 7, 2020.  Read on to learn more. On November 7, 2019, a customer alleged that Frank Avallone recommended unsuitable investments.…

Read More

Lawrence Brazie (CRD# 857097), a registered representative with Westminster Financial Securities, Inc. in Dayton, Ohio, is currently involved in a customer dispute, filed on June 25, 2019, in which a client alleges “unsuitable investments, negligent hiring, failure to supervise, misrepresentations and omissions, and breach of purported settlement agreement,” according to his BrokerCheck record. The claimant…

Read More

Bob Weissbein (CRD#: 1089065), a registered representative with First Allied Securities, Inc. of Davie, Florida who does business as Complete Financial Inc., is currently involved in a dispute in which a client alleges he recommended unsuitable investments, breached his fiduciary duty, and engaged in negligence, according to his BrokerCheck record accessed on August 22, 2019.…

Read More