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Daniel Loy Of Independent Financial Group, LLC Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Daniel Loy of Independent Financial Group, LLC?

Daniel Loy

Daniel Loy (CRD #3029654) who is currently registered as a broker and investment adviser with Independent Financial Group, LLC and located in Milpitas, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Independent Financial Group, LLC, Daniel Loy was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Daniel Loy Customer Complaints

Daniel Loy has been the subject of 4 customer complaints that we know about investors seeking to recover investment losses. Two of the customer complaints are settled by VOYA Financial Advisors in favor of the investors. The other 2 customer complaints were denied by Daniel Loy’s former employers and, to date, the customers have not taken any further action.

Allegations Against Daniel Loy

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Misrepresentation of alternative investment products as providing more diversification, safe and suitable investments.
  • Unsuitable investment strategy recommendation involving various illiquid alternative investments.
  • Misleading statements regarding REIT investment.
  • Misleading statements relating to liquidity of variable annuity contract.

Daniel Loy Red Flags & Your Rights As An Investor

Of course, Daniel Loy did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Daniel Loy at Independent Financial Group, LLC on alert to review carefully the activity and performance of their accounts and question whether Daniel Loy has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Independent Financial Group, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Independent Financial Group, LLC Due To Daniel Loy

If you have questions about Independent Financial Group, LLC and/or Daniel Loy and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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