April Wilson: Royal Alliance Denies REIT/BDC Complaint

A recent investor complaint against Bellevue, Washington (CRD# 4515321) financial advisor alleged that she provided poor investment advice. Records provided by the Financial Industry Regulatory Authority indicate that she is registered as a broker and an investment advisor with Royal Alliance Associates, doing business as Elevate Planning Partners.

Ms. Wilson’s BrokerCheck report discloses one investor complaint. Filed in January 2023, it alleged that as a representative of Royal Alliance Associates, she provided poor advice in connection with the recommendation of a non-traded real estate investment trust (REIT) and certain business development companies (BDCs). The complaint alleged damages of at least $5,000 and was denied by the firm. In a statement included with the complaint’s disclosure, Ms. Wilson wrote: “While disappointed in investments’ performance, customer remains a client of the representative.”

According to the Financial Industry Regulatory Authority, April Wilson holds 20 years of securities industry experience. Based in Bellevue, Washington, she has been a broker and an investment advisor with Royal Alliance Associates since October 2020, doing business as Elevate Planning Partners. Her past registrations include Hornor Townsend & Kent (Bellevue, Washington; 2006-2020) and Linsco/Private Ledger Corporation (Seattle, Washington; 2002-2006). Her credentials include the passage of four securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. She is licensed in Arizona, California, Idaho, Illinois, Massachusetts, Minnesota, New York, North Carolina, Oregon, Texas, Utah, Virginia, Washington, and Wyoming. (Information current as of March 26, 2023.)

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