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Jack Bruscianelli: JBT Advisor Faces $250K iShares Complaint

Chicago, Illinois financial advisor Jack Bruscianelli (CRD# 2113986) has received multiple investor complaints alleging that his advice resulted in damages.  records show that he is registered as a broker with B. Riley Wealth Management, doing business as JBT Wealth Management.

Mr. Bruscianelli’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in September 2025, alleges that as a representative of National Securities Corporation, he recommended unsuitable investments in Movano and iShares Russian exchange-traded funds. The pending complaint alleges damages of $250,000.

An earlier investor complaint, filed in 2009, alleged that as a National Securities Corporation representative, he committed securities fraud, breached his fiduciary duty, acted negligently, and breached contract. The complaint reached a settlement of $28,750.

A third investor complaint, filed in 1998, alleged that as an HJ Meyers & Company representative, he misrepresented and omitted material facts, violated federal securities law, breached his fiduciary duty, and made excessive and unsuitable trades. In 1999 the complaint reached a settlement of $15,000.

According to the Financial Industry Regulatory Authority, Jack Bruscianelli holds 34 years of securities industry experience. Based in Chicago, Illinois, he has been registered as a broker with B. Riley Wealth Management since 2022, doing business as JBT Wealth Management. His past registrations include National Securities Corporation, First Union Securities Financial Network, Auerbach Pollak & Richardson, the Agean Group, HJ Meyers & Company, and Hibbard Brown & Company. His credentials include the passage of four securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; the General Securities Representative Examination, or Series 7; and the General Securities Principal Examination, or Series 24. (Information current as of November 10, 2025.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

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