Close Menu
Free Consultation: 888-976-6111

Ex-Cetera Advisor Brandon Bowman: Complaint Settles for $200K

San Antonio-based financial advisor Brandon Bowman (CRD# 4871073) recently received an investor complaint alleging the recommendation of unsuitable investments. Financial Industry Regulatory Authority records indicate that he is currently a broker and an investment advisor with Ameritas Investment Company and an agent of Granite Financial Services.Mr. Bowman’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in January 2023, alleges that while he was a representative of Cetera Advisors, he recommended unsuitable real estate estate investments and over-concentrated the account. The pending complaint alleges unspecified damages.

An earlier investor complaint, filed in 2021, similarly alleged that he recommended unsuitable real estate products while he was at Cetera Advisors. In July 2022 complaint reached a settlement of $200,000.

As a broker an investment advisor with Ameritas Investment Company, Mr. Houston operates as an agent of Granite Financial Services, which offers securities through Ameritas. A profile on the firm’s website explains that he grew up in San Antonio and started his career at American Express, where he “got to see the inner workings of hedge funds and broker/dealers, including some that owned a seat on the New York Stock Exchange.” He later returned to San Antonio and joined UBS Financial Services, where he began his career as a financial consultant. As for the firm itself, the website includes a mission statement that describes Granite Financial Services’ commitment to upholding high standards of integrity and professionalism. “We endeavor to know and understand your financial situation and provide you with only the highest quality information, services, and products to help you reach your goals,” the statement adds.

According to the Financial Industry Regulatory Authority, Brandon Bowman holds 18 years of securities industry experience. Based in San Antonio, Texas, he has been a broker and an investment advisor with Ameritas Investment Company since 2021. His past registrations include IWC Financial Planning, LPL Financial,  Cetera Advisors, and UBS Financial Services. 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 holds 31 state licenses. (Information current as of April 1, 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.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Mark Kemp: McNally Advisor Sanctioned over Reverse Convertibles

    A recent sanction against Corpus Christi, Texas financial advisor Mark Kemp (CRD# 2057200) alleged that he engaged in inequitable sales...

    Read More
  • Jonathan Upton: LPL Advisor Faces $250K REIT Complaint

    Multiple investor complaints against Louisville, Kentucky financial advisor Jonathan Upton (CRD# 4559794) allege that he recommended unsuitable investments. Financial Industry...

    Read More
  • Joy Simar: $203K Complaint Against LPL/Pruco Advisor

    McKinney, Texas financial advisor Joy Simar (CRD# 6147731) recently received an investor complaint alleging that her conduct resulted in six-figure...

    Read More
  • Dan Schmid: Why Did Advisor Resign from Northwestern Mutual?

    Minneapolis, Minnesota financial advisor Dan Schmid (CRD# 6658306) recently resigned from Northwestern Mutual Investment Services in connection with alleged rule...

    Read More
  • Previous
  • Next