Andy Tressler: Why Was Modern Capital Advisor Fired by Trident?

Raleigh, North Carolina financial advisor Andy Tressler (CRD# 2776349) was recently terminated from his former member firm in connection with alleged rule violations. Financial Industry Regulatory Authority records show that the former Trident Partners representative is currently registered as a broker and advisor with Modern Capital Securities.

Mr. Tressler’s BrokerCheck report discloses his firing from Trident Partners. As the disclosure states, the firm terminated him in connection with allegations of excessive commissions and high turnover.

A second disclosure on his BrokerCheck report concerns an investor complaint against him. Filed in 2017, it alleged that as a Trident Partners representative, he committed fraud, negligently misrepresented material facts, breached his fiduciary duty, and violated the Securities Exchange Act in connection with investments in leveraged gold exchange-traded funds as well as tech, steel, and other stocks. The complaint evolved into an arbitration proceeding before a FINRA panel, which issued an award to the customer of $16,778.

An earlier investor complaint, filed in 2008, alleged that as an American Capital Partners representative, he committed fraud, acted negligently, breached contract, misrepresented and omitted material facts, breached his fiduciary duty, recommended unsuitable investments, failed to disclose risks, made unauthorized purchases, engaged in excessive trading, used margin without authorization, and charged excessive commissions. The complaint evolved into an arbitration proceeding before a FINRA panel, which issued an award to the customer of $387,000.

According to the Financial Industry Regulatory Authority, Andy Tressler holds 29 years of securities industry experience. Based in Raleigh, North Carolina, he has been registered as a broker advisor with Modern Capital Securities since March 2026. His registration history includes Trident Partners, Liberty Partners Financial Services, American Capital Partners, Gunnallen Financial, First Montauk Securities, and Continental Broker-Dealer Corporation. His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Arizona, California, Connecticut, Indiana, Louisiana, Minnesota, New York, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, and Texas. (Information current as of March 14, 2026.)

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