Barbara Wooden: $100K Complaint Against Primerica Advisor

Lake Worth, Florida financial advisor Barbara Wooden (CRD# 4921913) recently received an investor complaint alleging that she recommended an unsuitable investment. Financial Industry Regulatory Authority records show that she is registered as a broker with PFS Investments and an investment advisor with Primerica Advisors.

Ms. Wooden’s BrokerCheck report discloses one investor complaint. Filed in May 2025, it alleges that as a representative of PFS Investments, she recommended unsuitable variable annuity investments. The pending complaint alleges damages of $100,000.

A second disclosure on her BrokerCheck report concerns her termination from PNC Investments. Filed in 2011, it states that the firm fired her in connection with allegations falsified a document, printing her name as “preparer” on a PNC Bank debit slip “although she did not prepare the document.”

FINRA rules stipulate that brokers like Ms. Wooden recommend only investments and strategies that conform to a standard referred to as suitability. As outlined by FINRA Rule 2111, this standard holds that brokers must “have a reasonable basis to believe that a recommended transaction or investment strategy” is appropriate for a client’s profile, which includes their age, investment background, net worth, risk tolerance, and other concerns. An investment that lacks principal protection, for example, could be considered unsuitable for conservative investors who have a low risk tolerance. Brokers who recommend their customers invest in unsuitable products or strategies may be held liable in the event of losses.

According to the Financial Industry Regulatory Authority, Barbara Wooden holds 17 years of securities industry experience. Based in Lake Worth, Florida, she has been registered as a broker with PFS Investments and an investment advisor with Primerica Advisors since 2013. Her past registrations include PNC Investments, NatCity Investments, Ameriprise Financial Services, and IDS Life Insurance Company. Her credentials include the passage of three securities industry qualifying exams: the Uniform Combined State Law Examination, or Series 66; the Securities Industry Essentials Examination, or SIE; and the General Securities Representative Examination, or Series 7. She is licensed in Florida, Georgia, New Jersey, and Virginia. (Information current as of July 20, 2025.)

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