Andrew Brower: HudsonPoint, Ex-B. Riley Advisor Faced $70K Complaint

Jersey City, New Jersey financial advisor Andrew Brower (CRD# 5809217) recently received an investor complaint alleging that his advice resulted in damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Arete Wealth, doing business as HudsonPoint Capital.

Mr. Brower’s BrokerCheck report discloses one investor complaint. Filed in March 2025, it alleged that as a representative of B. Riley Wealth Management, he “recommended unsuitable and dubious investments” in a private placement. The complaint alleged damages of $70,000 and was denied by the firm.

HudsonPoint’s website includes a page describing the firm’s mission to provide its clients access to alternative investment vehicles and strategies, guiding them towards richer returns. “Our vast solutions allow us to provide our clients with diversified investment portfolios that are suited for their unique investment goals and risk tolerance,” the section explains. “We understand the value of agreeing on an investing strategy together. We want to ensure that, as our client, you are comfortable with your strategy and confident in your choices.”

According to the Financial Industry Regulatory Authority, Andrew Brower holds 14 years of securities industry experience. Based in Jersey City, New Jersey, he has been registered as a broker and an investment advisor with Arete Wealth, doing business as HudsonPoint Capital, since 2024. His past registrations include B. Riley Wealth Management (Jersey City, New Jersey; 2013-2024), National Securities Corporation (Jersey City, New Jersey; 2013-2022), WTS Proprietary Trading Group (New York, New York (2012), and National Securities Corporation (Iselin, New Jersey; 2010-2011). His credentials include the passage of four securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Uniform Combined State Law Examination, or Series 66; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 33 state licenses. (Information current as of April 13, 2025.)

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