Byron Strong: Ex-Woodbury Advisor Lands $835K Complaint

Florissant, Missouri financial advisor Byron Strong (CRD# 4651640) recently received an investor complaint alleging that his conduct resulted in damages exceeding $800,000. Financial Industry Regulatory Authority records show that he is registered as a broker with Cambridge Investment Research, having previously been registered with Woodbury Financial Services.

Mr. Strong’s BrokerCheck report discloses one investor complaint. Filed in May 2025, it alleges that as a representative of Woodbury Financial Services, he recommended an unsuitable insurance contract. The pending complaint alleges damages of $835,621.51.

Investors should be aware that under FINRA Rule 2111, financial advisors can only recommend investments that are in keeping with a customer’s background and objectives. To determine whether an investment is suitable, they must consider factors including the customer’s risk tolerance; they must also disclose all relevant factors regarding an investment’s risks. Advisors who recommend unsuitable investments may be held liable in the event of losses.

According to the Financial Industry Regulatory Authority, Byron Strong holds 22 years of securities industry experience. Based in Florissant, Missouri, he has been registered as a broker with Cambridge Investment Research since 2021. His past registrations include Equitable Advisors (Creve Coeur, Missouri; 2021) and Woodbury Financial Services (Chesterfield, Missouri; 2003-2021). His credentials include the passage of three securities industry qualifying exams: the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; and the Investment Company Products/Variable Contracts Representative Examination, or Series 6. He is licensed in California, Georgia, Illinois, Kansas, Michigan, Missouri, and Pennsylvania. (Information current as of June 8, 2025.)

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.