Andrew Wilson: $100K Complaint Against Wealth Enhancement Advisor

New Market, Maryland financial advisor Andrew Wilson (CRD# 1978779) allegedly provided investment advice that resulted in six-figure damages, according to a recent investor complaint. Records provided by the Financial Industry Regulatory Authority and the Securities and Exchange Commission indicate that he is an investment advisor with Wealth Enhancement Advisory Services.

Mr. Wilson’s BrokerCheck report discloses one investor complaint. Filed in September 2022, it alleges that as a representative of First Allied Securities, he recommended unsuitable investments in real estate securities. The pending complaint alleges damages of $100,000.

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Andrew Wilson holds 33 years of securities industry experience. Based in New Market, Maryland, he has been an investment advisor with Wealth Enhancement Advisory Services since July 2021. His past registrations include Lighthouse Wealth Management (New Market, Maryland; 2006-2021), First Allied Securities (New Market, Maryland; 2014-2019), Mid-Atlantic Capital Corporation (New Market, Maryland; 2012-2014), SII Investments (New Market, Maryland; 2003-2012), Lighthouse Financial Advisors (Frederick, Maryland; 2000-2004), FSC Securities Corporation (Atlanta, Georgia; 1994-2003), Lincoln Investment Planning (Fort Washington, Pennsylvania; 1991-1992), and HC Copeland & Associates Equities (Somerset, New Jersey; 1989-1991). His credentials include the passage of four securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. While he is not currently licensed as a broker, he is licensed as an investment advisor in Maryland and Texas. (Information current as of February 7, 2023.)

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