Our firm is investigating J. Alden Associates broker and investment advisor Nathan Goad (CRD# 5421740) of Wayne, Pennsylvania for potential investment-related misconduct and alleged breach of fiduciary duty in connection with multiple customer disputes currently pending with FINRA Arbitration.
Financial Advisor’s Career History
According to FINRA’s BrokerCheck report, Nathan Goad is currently registered as a broker and investment advisor with J. Alden Associates, Inc. and Alden Investment Group, operating primarily out of offices in Wayne, PA and Largo, FL.
Employment History:
- J. Alden Associates, Inc. – Wayne, PA (2022–Present)
- Alden Investment Group – Wayne, PA (2022–Present)
- Total Solutions Enterprise – Charlotte, NC (2022)
- Alden Capital – Belleair Bluffs, FL (2021–2022)
- Cetera Investment Advisers LLC – Schaumburg, IL (2020–2021)
- Cetera Investment Services LLC – Clearwater, FL (2015–2021)
- ARS Wealth Advisors – St. Petersburg, FL (2011–2014)
- Transamerica Financial Advisors, Inc. – St. Petersburg, FL (2008–2011)
- InterSecurities, Inc. – Tampa, FL (2007)
Goad has been licensed in Florida, Arizona, and North Carolina, and has passed the Series 6, Series 7, Series 63, and Series 65 exams. He also holds the Certified Financial Planner (CFP) designation.
Nathan Goad Fraud Allegations and Investor Complaints Explained
FINRA’s BrokerCheck discloses three pending customer disputes against Nathan Goad, all alleging breach of fiduciary duty, negligence, and misrepresentation tied to the sale of direct investments, including private placements and DPP/LP interests.
Each of the pending disputes was filed through FINRA Arbitration and collectively claim over $6.5 million in damages. The allegations span investment activity from 2021 through 2025.
Disclosure 1 – FINRA Arbitration Case #25-01635
- Allegations: Breach of fiduciary duty, negligence, and misrepresentation related to private placement recommendations made between March 2022 – June 2025.
- Product Type: Direct Investment (DPP & LP Interests)
- Alleged Damages: $3,808,192.49
- Filed: August 8, 2025
- Status: Pending
Disclosure 2 – FINRA Arbitration Case #25-00701
- Allegations: Breach of fiduciary duty and misrepresentation tied to private placements from October 2022 – January 2023.
- Product Type: Direct Investment (DPP & LP Interests)
- Alleged Damages: $500,000.00
- Filed: March 26, 2025
- Status: Pending
Disclosure 3 – FINRA Arbitration Case #25-00678
- Allegations: Breach of fiduciary duty, negligence, and misrepresentation involving private placements made between July 2021 – January 2023, with additional placements alleged in September 2024 after Goad’s departure from J. Alden.
- Product Type: Direct Investment (DPP & LP Interests)
- Alleged Damages: $2,200,000.00
- Filed: April 1, 2025
- Status: Pending
Summary of Disclosures
- Total Pending Complaints: 3
- Nature of Allegations: Breach of fiduciary duty, negligence, and misrepresentation
- Total Alleged Damages: Over $6.5 million
- Forum: FINRA Arbitration
- Product Type: Direct Investments, Private Placements, DPP & LP Interests
To obtain a copy of Nathan Goad’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
Understanding the FINRA Rules Implicated
FINRA Rule 2111 (Suitability Rule):
This rule requires brokers to have a reasonable basis for believing a recommended investment or strategy is suitable for the customer based on their financial situation and objectives. The complaints against Goad allege unsuitable recommendations in complex private placements, potentially violating Rule 2111’s core requirement of investor suitability.
FINRA Rule 2210 (Communications with the Public):
If the alleged misrepresentations involve misleading marketing or inadequate risk disclosures in promotional materials, Goad’s conduct could also fall under violations of Rule 2210, which prohibits false or misleading statements made to investors.
FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade):
This broad ethical rule requires brokers to observe high standards of commercial honor. The alleged negligence and misrepresentations may constitute violations of Rule 2010 if proven in arbitration.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, and unsuitable recommendations. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis.
Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.