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Read MoreDavid Randall: Ex-Merrill Advisor Received Misappropriation Complaint
A recent, denied investor complaint against Alpharetta, Georgia financial advisor David Randall (CRD# 6219621) alleged that his conduct resulted in damages exceeding $100,000. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former UBS Financial Services broker is currently registered as an investment advisor with Elevation Point Wealth Partners.
Mr. Randall’s BrokerCheck report discloses one investor complaint. Filed in March 2026, it alleged that as a representative of Merrill Lynch, he misappropriated funds from an IRA rollover. The complaint alleged damages of $152,395.05 and was denied.
Investors should be aware that the misappropriation of customer funds may be considered a violation of FINRA Rule 2150, which states that no FINRA-associated person “shall make improper use of a customer’s securities or funds.” It may also be considered a violation of FINRA Rule 2010, which stipulates that brokers like Mr. Randall must “observe high standards of commercial honor and just and equitable principles of trade” in the conduct of their business. Brokers who violate these rules may be held liable for damages.
According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, David Randall holds 12 years of securities industry experience. Based in Alpharetta, Georgia, he has been registered as an investment advisor with Elevation Point Wealth Partners since January 2026. His past registrations include UBS Financial Services and Merrill Lynch. His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; and the General Securities Representative Examination, or Series 7. He is licensed in Georgia and Texas. (Information current as of June 7, 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.
