Brad Meyers: Did Arete Advisor Recommend Unsuitable Investment?

A recent investor complaint against Mission Viejo financial advisor Brad Meyers (CRD# 6455807) alleges that his conduct resulted in losses. Financial Industry Regulatory Authority records show that he is a broker registered with Arete Wealth Management and an investment advisor registered with 25 Financial, having previously been registered with Larson Financial Securities.

Mr. Meyers’ BrokerCheck report discloses one investor complaint. Filed in July 2023, it alleges that as a representative of Arete Wealth Management, he recommended an unsuitable alternative investment. The pending complaint alleges damages of $50,000.

As Mr. Meyers’ biography on 25 Financial’s website states, he specializes in comprehensive financial planning for doctors in California. “He’s passionate about helping clients develop goals and a sound financial plan to take the stress off of everyday life,” his profile describes. “He covers everything from risk management to investments to asset protection.” The firm’s website describes it as providing its clients “access to investments that can’t be found anywhere else,” with a separate page expanding on its alternative investment strategy: “Alternatives are not directly correlated to the public markets, and as a result, they can offer more diversification to high net worth individuals during times of volatility,” it explains. “Keep in mind that investors must meet the SEC’s definition of an accredited investor in order to participate in the majority of alternative investments. These investments carry more risk as they are not liquid and do not have the same regulation oversight as the traditional market.”

According to the Financial Industry Regulatory Authority, Brad Meyers holds eight years of securities industry experience. He is a broker registered with Arete Wealth Management in Chicago, Illinois and an investment advisor registered with 25 Financial in Nolensville, Tennessee, with the latter firm’s website describing him as based in Mission Viejo, California. His past registrations include Larson Financial Group and Larson Financial Securities. 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 Arizona, California, Florida, Georgia, Hawaii, Idaho, Illinois, Kansas, Missouri, New York, Texas, and Washington. (Information current as of September 25, 2023.)

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.