Jerry Wade (CRD #: 4963820), a broker registered with MML Investors Service, was named in a dispute involving a risky investment, according to his BrokerCheck Record, accessed on December 21, 2020. This is not the only disclosure on Mr. Wade’s record. On November 17, 2020, a client alleged that he purchased a REIT in 2016…

Read More

Kevin Barletta (CRD #: 4691033), a previously registered investment adviser with Royal Alliance Associates, has been suspended by FINRA following allegations of cross-trading, according to his BrokerCheck record, accessed on December 8, 2020. This is not Mr. Barletta’s only disclosure related to cross-trading. On October 15, 2020, Kevin Barletta entered into an Agreement, Waiver and…

Read More

Michael Pellegrino (CRD #: 5900843) an investment adviser registered with Goldstone Financial Group, is under investigation by FINRA, according to his IAPD record, accessed on December 8, 2020. Mr. Pellegrino’s SEC record also reveals seven client disputes. Details of these disclosures are provided below. On September 29, 2020, FINRA made a preliminary decision to recommend…

Read More

Seth Renaud (CRD #: 4946831), a broker registered with Commonwealth Financial Network, is facing a client dispute regarding unsuitable investment recommendations, according to his BrokerCheck record, accessed on November 24, 2020. See below to find out why the investor alleged these investments were unsuitable. On October 16, 2020, a client alleged that Mr. Renaud recommended…

Read More

Michael Williams (CRD #: 468074) of Dallas, Texas, is involved in a customer dispute involving a Real Estate Investment Trust (REIT), according to his BrokerCheck record, accessed on October 28, 2020. Mr. Williams is a broker and an investment adviser registered with Commonwealth Financial Network. This is not the only time an investor has alleged…

Read More

Gary Ginsberg (CRD #: 1175258), a broker and an investment adviser registered with Ameriprise Financial Services, is involved in a client dispute over an alternative investment, according to his BrokerCheck record, accessed on October 28, 2020. Mr. Ginsberg has another pending dispute with a client who alleges that his investment recommendation was unsuitable. These are…

Read More

Berge Avedisian (CRD #: 2750210), a broker registered with Avantax Investment Services, is facing a new client dispute involving a variable annuity, according to his BrokerCheck record, accessed on October 28, 2020. There is one other client dispute on his record — concerned investors should keep reading. On August 31, 2020, a client alleged that…

Read More

Mazi Monshi (CRD #: 2629721), a broker registered with IFP Securities, has a new disclosure on his BrokerCheck record, accessed on October 27, 2020. For more information regarding his previous investor disputes, keep reading. On September 9, 2020, clients alleged that Mazi Monshi recommended unsuitable investments in a number of Real Estate Investment Trusts and…

Read More

Joseph Leonczyk (CRD #: 2911492), an investment adviser registered with Commonwealth Financial Network, has two pending customer disputes involving unsuitable investment recommendations, according to his BrokerCheck record, accessed on October 22, 2020. Keep reading to find out why these recommendations may have been unsuitable. On September 15, 2020, a client alleged that Joseph Leonczyk made…

Read More

Good financial advisors help investors steer their savings toward reliable investments. These securities may not offer spectacular rates of return, but they do offer what most investors want: A reliable way to generate more money without much interference or insider knowledge. You’ve probably heard the saying, “Scared money doesn’t make money.” A more pragmatic take…

Read More