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Jay Brown Formerly With Arete Wealth Management Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Jay Brown formerly with Arete Wealth Management?

Jay Brown (CRD #2312356) who was formerly registered with Arete Wealth Management and located in San Francisco, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Arete Wealth Management, Jay Brown was associated with and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Jay Brown Customer Complaints

Jay Brown has been the subject of 2 customer complaints that we know about. One of Jay Brown’s 2 customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against The Optimized RIA for investment losses caused by Jay Brown’s alleged misconduct.

Allegations Against Jay Brown

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

  • Complaint alleged Jay Brown’s breach of fiduciary duty and common law negligence in connection with the sale of and method of funding used to purchase indexed universal life insurance product.
  • Fraud and Financial Elder Abuse allegedly committed by Jay Brown connection with a promissory note investment.

Jay Brown Red Flags & Your Rights As An Investor

Of course, Jay Brown 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 Jay Brown at Arete Wealth Management on alert to review carefully the activity and performance of their accounts and question whether Jay Brown has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Arete Wealth Management also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Arete Wealth Management Due To Jay Brown

If you have questions about Arete Wealth Management and/or Jay Brown 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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