Arkadios Advisor Mark Thompson Has $1 Million Investor Complaint

A pending investor complaint against Atlanta broker and investment advisor Mark Thompson (CRD# 4632270) alleges at least $1 million in damages. Financial Industry Regulatory Authority records show that he is a broker at Arkadios Capital and an investment advisor at EPG Wealth Management, formerly registered at Triad Advisors.

Filed in March 2022, a pending investor complaint against Mark Thompson alleges that as a representative of Triad Advisors and Arkadios Capital, he over-concentrated securities, recommended unsuitable alternative investments, and engaged in negligence. The pending complaint alleges damages of at least $1,000,000.

An earlier investor complaint, filed in May 2020, alleges that as a representative of Arkadios Capital, Mr. Thompson made misrepresentations regarding a private placement investment in February 2017. The pending complaint alleges damages of $50,000. Mr. Thompson’s Broker Comment on the disclosure states, “Client has joined a class action lawsuit against the sponsor company, not the advisor, claiming material misrepresentations and omissions.”

Another investor complaint filed in 2020 alleged that as a representative of Triad Advisors and Arkadios Capital, Mr. Thompson recommended unsuitable alternative investments in ARC Healthcare Trust II and GPB Holdings II. In February 2022 the complaint reached a settlement of $138,000. Mr. Thompson’s Broker Comment on the disclosure reads in part, “Investments were suitable and client signed off on all disclosures before investments were made.”

According to the Financial Industry Regulatory Authority, Mark Thompson holds 19 years of securities industry experience. Based in Atlanta, Georgia, he has been a representative of Arkadios Capital since 2017. His past registrations include Triad Advisors (Atlanta, Georgia; 2009-2017), LPL Financial Corporation (Atlanta, Georgia; 2006-2009), and Lincoln Financial Advisors Corporation (Atlanta, Georgia; 2003-2006). His credentials include the passage of three securities industry qualifying exams: 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. He is licensed in Alabama, Florida, Georgia, North Carolina, Virginia, and West Virginia. (Information current as of May 22, 2022.)

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