Brett Straub: $300K Complaint Against Straub Group Advisor

Haddon Heights, New Jersey financial advisor Brett Straub (CRD# 2118331) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker with Osaic Wealth and an investment advisor with AmeriFlex Group. He is also a representative of The Straub Group.

Mr. Straub’s BrokerCheck report discloses one recent investor complaint. Filed in July 2024, it alleges that as a representative of Principal Securities, he misrepresented and recommended unsuitable investments in connection with a suspense account. The pending complaint alleges damages of $300,000.

The Straub Group’s website includes a profile of Mr. Straub that describes his background and services. “[He] has a passion for helping successful people reach their financial goals while protecting their families and businesses,” it explains. “Brett provides full service, fee -based financial planning and can help build a team around you using The Straub Group AdvantageTM, a six-step process to assure you have enough. As a former quarterback, Brett is qualified to help develop and execute your financial game plan.”

Elsewhere, the firm describes its approach to working with its clients. “No one strategy fits everyone, which is why every client gets our undivided attention—from planning to execution to follow-up,” it states. “We take a proactive approach to helping you develop a strategy to address your financial goals and objectives, using the most efficient methods available.”

According to the Financial Industry Regulatory Authority, Brett Straub holds 33 years of securities industry experience. Based in Haddon Heights, New Jersey, he has been registered as a broker with Osaic Wealth since 2023 and an investment advisor with AmeriFlex Group since 2022. His past registrations include SagePoint Financial, Principal Securities, Signator Investors, John Hancock Mutual Life Insurance Company, and Carillon Investments. His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; 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. He holds 22 state licenses. (Information current as of September 8, 2024.)

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