Toni Iannarelli: $101K Complaint Against LPL Advisor

A recent investor complaint against Westlake Village, California financial advisor Tony Iannarelli (CRD# 1193641) alleges that his advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that she is registered as a broker and an investment advisor with LPL Financial.

Ms. Iannarelli’s BrokerCheck report discloses two investor complaints. The most recent, filed in February 2026, alleges that as a representative of Western International Securities, she failed to act in the customer’s best interest by recommending an unsuitable real estate investment. The pending complaint alleges damages of $101,000.

In a statement included with the complaint’s disclosure, Ms. Iannarelli defended herself against the allegations. “The representative denies any wrongdoing and asserts that the allegations are without merit,” she wrote. “The investments about which the customers complained were suitable and were recommended based on the customers’ objectives, goals and financial circumstances and were offered only after their review of all material documentation related to the investments. At all times, the representative put the customers’ interest first.”

An earlier investor complaint, filed in 2023, alleged that as a Western International Securities representative, she recommended an unsuitable variable annuity investment. The complaint alleged unspecified damages and was denied.

According to the Financial Industry Regulatory Authority, Toni Iannarelli holds 42 years of securities industry experience. Based in Westlake Village, California, she has been registered as a broker and an investment advisor with LPL Financial since June 2025. Her past registrations include Western International Securities, MidAmerica Financial Services, Ameritas Investment Corporation, New England Securities, The Advisors Group, 1717 Capital management Company, MetLife Securities, and the Metropolitan Life Insurance Company. Her credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; the Uniform Securities Agent State Law Examination, or Series 63; the General Securities Representative Examination, or Series 7; and the Investment Company Products/Variable Contracts Representative Examination, or Series 6. She is licensed in Arizona, California, Connecticut, Nevada, Ohio, Pennsylvania, and Texas. (Information current as of March 21, 2026.)

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.