Connor Seedall: $329K Complaint Against Former Arete Advisor

A recent investor complaint against Liberty Lake, Washington financial advisor Connor Seedall (CRD# 6418732) alleges that his advice resulted in 6-figure losses. Financial Industry Regulatory Authority records show that he is currently registered as a broker with DAI Securities and an investment advisor with DAI Wealth.

Mr. Seedall’s BrokerCheck report discloses one investor complaint. Filed in March 2024, it alleges that as a representative of Arete Wealth Management, he recommended unsuitable alternative investments in 2018 and 2019. The pending investor complaint alleges damages of $329,000.

DAI Securities’ website includes a page describing the firm’s principles and approach. “The DAI founding principal is to act in the client’s best interest,” it states. “We believe advisors affiliated with DAI—and in turn their clients—benefit from our commitment to true independent advice and exceptional service.” Elsewhere, the page describes the active guidance its advisors provide their clients, supported by access to industry experts. “Our team,” it explains, “is dedicated to comprehensively supporting our advisors with transitioning tools and ongoing front/back office tactics, technology and marketing opportunities to help their individual businesses continue to thrive and grow.”

According to the Financial Industry Regulatory Authority, Connor Seedall holds seven years of securities industry experience. Based in Liberty Lake, Washington, he has been registered as a broker with DAI Securities and an investment advisor with DAI Wealth since November 2023. His registration history includes Arete Wealth Management (Liberty Lake, Washington; 2017-2023) and Royal Alliance Associates (Portland, Oregon; 2015-2016). 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, Idaho, Kansas, Maryland, Massachusetts, Missouri, Nevada, New York, North Carolina, Ohio, Oregon, South Carolina, Texas, Washington, and Wisconsin. (Information current as of April 6, 2024.)

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