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Adam Wright: Irontree Investment Advisor Receives GWG L Bond Complaint
Mesa, Arizona financial advisor Adam Wright (CRD# 6234854) is involved in an investor complaint alleging his advice resulted in losses. Financial Industry Regulatory Authority records indicate that he is a broker with Center Street Securities and an investment advisor with Center Street Advisors, doing business as Irontree Investment Management. He is also registered with the firm’s office in Henderson, Nevada.
Mr. Wright’s BrokerCheck report discloses one investor complaint. Filed in November 2022, it alleges that as a representative of Center Street Securities, he recommended an unsuitable investment in a GWG L bond. The pending complaint alleges damages of $25,000.
More information regarding GWG L bonds, a product offered by Dallas-based asset manager GWG Holdings before it filed for bankruptcy and came under SEC scrutiny, is available here. More information regarding FINRA’s suitability standard, which requires brokers to recommend only investments and strategies that are appropriate for a client’s background and objectives, is available here.
According to the Financial Industry Regulatory Authority, Adam Wright holds eight years of securities industry experience. Based in Mesa, Arizona and Henderson, Nevada, he has been a broker with Center Street Securities since 2015 and an investment advisor with Center Street Advisors since 2016. He does business as Irontree Investment Management. His registration history includes SkyOak Wealth Management (Medford, Oregon; 2014-2015) and Edward Jones (St. Louis, Missouri; 2013). His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Arizona, California, Colorado, Nebraska, Nevada, Oregon, and South Dakota. (Information current as of December 26, 2022.)
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.