Joshua Stivers (Joshua Daniel Stivers CRD:#5708565) is a currently registered broker and investment advisor currently employed with Kalos Capital, Inc. (CRD#: 44337) of Austin, TX. His previous employers include G.F. Investment Services, LLC (CRD#:132939) and Global Financial Private Capital, LLC (CRD#:132070), both of Austin, TX, and USA Wealth Management LLC (CRD#:122082) of Marble Falls, TX. He has been in the industry since 2009. Continue reading ›
Jeffrey Cohen (CRD: #2528929) is a registered broker and investment advisor currently employed by Moloney Securities Asset Management LLC (CRD#:282448) of Henderson, NV. His previous employers include Moloney Investment Advisory LLC (CRD#:282140) of Laguna Miguel, CA, Moloney Securities Co., Inc. (CRD#:38535) also of Henderson, and Western International Securities, Inc. (CRD#:39262), of Westlake Village, CA. He has been in the industry since 1994. Continue reading ›
Dennis J. Murphy (a/k/a Dennis James Murphy) (CRD# 4840274), a previously-registered broker, has been barred from the securities industry by the Financial Industry Regulatory Authority (FINRA) for failing to appear for testimony in connection with a FINRA investigation concerning his employer’s supervision of potentially unsuitable trading. Failing to cooperate with FINRA in this manner constituted a violation of FINRA Rules and Murphy was barred from associating with any FINRA member firm in any capacity. Continue reading ›
At the end of March 2020, Allianz Global Investors (Allianz) liquidated two investment vehicles—Structured Alpha 1000 and 1000 Plus—following substantial losses to the funds, resulting in clients losing millions of dollars. According to news reports, other related Allianz Funds, including Structured Alpha 250, 350, and 500, also suffered heavy losses. Recently, the Securities and Exchange Commission (SEC) requested information about the funds. Continue reading ›
DID YOUR SAGEPOINT ADVISOR SELL YOU UITs?
SagePoint Financial has been ordered by the Financial Industry Regulatory Authority (FINRA) to pay $1.3 million in restitution to customers for alleged failings related to unit investment trusts (UITs). SagePoint was also ordered by FINRA to pay $300,000 for supervisory violations related to UITs. Continue reading ›
Dennis Ayre (Dennis Phillip Ayre. CRD# 536174) is a registered broker in Beverly Hills, California. Dennis Ayre has 4 disclosures on his publicly-available FINRA BrokerCheck report, all customer disputes, with most alleging suitability issues.
Ayre is currently registered with Hilltop Securities Inc. (CRD# 6220). He was previously registered with Oppenheimer & Co. Inc. (CRD# 249), Merrill Lynch, Pierce, Fenner & Smith Inc. (CRD# 7691), Wells Fargo Advisors (CRD# 19616), and First Republic Securities Company, LLC (CRD# 105108). He has been in the industry since 2008. Continue reading ›
Jeremy Rosen (Jeremy Seth Rosen CRD# 5513416) is a broker currently registered with Nationwide Planning Associates, Inc. (CRD# 31029) in Easton, Pennsylvania.
Jeremy Rosen has multiple customer disputes alleging unsuitable investments. In the securities industry since 2008, he was previously registered with Berthel, Fisher & Company Financial Services, Inc. (CRD# 13609) and Planned Financial Programs, Inc. (CRD# 3049). Continue reading ›
Mark Cline (Mark Alan Cline CRD: #3206962) is a currently registered broker currently employed with National Securities Corporation (CRD#: 7569) of Wildwood, FL, employed since 2014. His previous employers include Great Nation Investment Corporation (CRD#:19981), United Equity Securities, LLC (CRD#:47261), and CCF Investments, Inc. (CRD#:136571), all of Fort Lauderdale, FL. Cline has a total of twelve state licenses and two SRO licenses. He has been in the industry since 1999. Continue reading ›
Robert Perlman (CRD# 1892131) is a currently-registered broker with UBS Financial Services who has 3 customer disputes on his publicly-available FINRA BrokerCheck report, including 1 that seeks $750,000 in damages related to investment in the UBS Yield Enhancement Strategy (YES).
Robert Perlman (Robert Benjamin Perlman) has been in the securities industry since 1988 when he started at Lehman Brothers (CRD# 7506). He then worked for Credit Suisse Securities (USA) LLC (CRD# 816) before joining UBS (CRD# 8174) in 2015. He works in New York City. Continue reading ›
Richard Wesselt (a/k/a Rich Wesselt, Richard M Wesselt, CRD#: 2195569), a currently-registered broker with Fortune Financial Services, Inc. (CRD#: 42150) in Collegeville, Pennsylvania, is the subject of 16 disclosures on his publicly-available FINRA BrokerCheck report.
Wesselt has been a broker since 1992 and previously worked for The O.N. Equity Sales Company (CRD#: 2936), Stern Agee Financial Services, INC. (CRD#: 18456), American Investment Services, Inc. (CRD#: 21111 expelled), W.S. Griffith & Co., Inc. (CRD# 10410), and PML Securities Company (CRD#: 4082). Continue reading ›