John Freiburger: Suitability Complaint Against Partners Wealth Advisor

Naperville, Illinois financial advisor John Freiburger (CRD# 2163773) allegedly recommended an unsuitable investment, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is currently registered as a broker with Kestra Investment Services and an advisor with Kestra Advisory Services, doing business as Partners Wealth Management.

Mr. Freiburger’s BrokerCheck report discloses one investor complaint. Filed in February 2024, it alleges that as a representative of Kestra Investment Services, he recommended an unsuitable direct investment. The pending complaint alleges damages of at least $5,000.

Partners Wealth Management’s website includes a profile of Mr. Freiburger that describes him as the firm’s founder and managing partner. “John’s commitment to excellence has served as the foundation for Partners Wealth Management’s culture of proactive client service,” it states. “In an effort to share his knowledge with the business and banking community, and to further support his clientele’s financial services and private banking needs, John serves as a founding member of the board of First Community Financial Bank of Naperville which also has member banks in 6 surrounding suburbs.”

Elsewhere, the firm’s website describes its own “unique process” to wealth management and financial planning. “Together we’ll determine which services may be appropriate for you and how they could potentially impact your future,” it explains. “After analyzing your current financial picture, we’ll develop and present recommendations for improvement. Each recommendation is a critical factor for your success, chosen as a catalyst to help you achieve your goals.”

According to the Financial Industry Regulatory Authority, John Freiburger holds 32 years of securities industry experience. Based in Naperville, Illinois, he has been a broker with Kestra Investment Services since 2011 and an advisor with Kestra Advisory Services since 2016, doing business as Partners Wealth Management. His registration history includes NFP Advisor Services (Austin, Texas; 2011-2016), NFP Securities (Naperville, Illinois; 2001-2011), Northwestern Mutual Investment Services (Milwaukee, Wisconsin; 1991-2001), and Robert W. Baird & Company (Milwaukee, Wisconsin; 1991-2001). His credentials include the passage of four securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 42 state licenses. (Information current as of March 31, 2024.)

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