Vince Nelson: Why Did Arno Wealth Advisor Resign from Arete?

Overland Park, Kansas financial advisor Vince Nelson (CRD# 2275929) recently resigned from Arete Wealth Management in connection with alleged rule violations. Financial Industry Regulatory Authority records show that he is now registered as a broker with Cabin Securities and is also a representative of Arno Wealth.

Mr. Nelson’s BrokerCheck report discloses his resignation from Arete Wealth Management. Filed in April 2025, the disclosure states that he voluntarily resigned while under investigation for possible violations of firm procedures and industry rules and regulations. The alleged conduct under investigation included “advocating and potentially soliciting clients to obtain lines of credit to invest in securities and giving shifting explanations as to how many clients employed this strategy.” According to the disclosure, he quit the firm “five minutes before a scheduled mandatory compliance interview.”

In a statement included with the disclosure, Mr. Nelson defended himself against the allegations it described, writing that he does not believe he violated industry rules or firm policies. “Arete’s written procedures allows for use of leverage, specifically margin, under certain circumstances,” he wrote. “A principal of Arete responsible for our supervision was aware of the strategies, and the [sic] did not place any limitations on them. At the time of my resignation, I was not aware that I was under internal review for potential rule violations. I do not recall in recent months being interviewed by anyone at Arete regarding the lines of credits, so I don’t know how i could have been giving ‘shifting explanations.’” He also added that he attended the scheduled compliance meeting.

Arno Wealth’s website includes a profile of Mr. Nelson that describes his experience and services as one of the firm’s cofounders. “Having been a business leader for decades, Vince has learned that being able to help people with only one part of their wealth building plan can lead to serious gaps in their financial plans,” it explains. “It takes a comprehensive, holistic approach to create a solid plan that looks at all aspects of wealth building, asset protection and tax planning strategies.”

According to the Financial Industry Regulatory Authority, Vince Nelson holds 14 years of securities industry experience. Based in Overland Park, Kansas, he has been registered as a broker with Cabin Securities since April 2025. His past registrations include Arete Wealth Management, Park Avenue Securities, Copiam Wealth Management, Strategic Advisors, Fidelity Brokerage Services, and Edward Jones. His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7TO; the Uniform Combined State Law Examination, or Series 66; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 34 state licenses. (Information current as of May 19, 2025.)

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