David Giegerich: $100K Complaint Against Ex-Paradigm Wealth Advisor

Former Bridgewater, New Jersey financial advisor David Giegerich (CRD# 2795115) is involved in an investor complaint alleging he provided unsuitable advice and engaged in other forms of misconduct. Financial Industry Regulatory Authority records show that he is not currently registered as a broker, though he was previously registered with LPL Financial, doing business as Paradigm Wealth Management.

Mr. Giegerich’s BrokerCheck report discloses one investor complaint. Filed in March 2022, it alleges that as a representative of First Allied Securities, he recommended unsuitable real estate investments, made misrepresentations of material facts, breached contract, breached his fiduciary duty to place the investor’s interests above his own, and acted negligently. The pending complaint alleges damages of $100,001.

According to the Financial Industry Regulatory Authority, David Giegerich holds 24 years of securities industry experience. Formerly based in Bridgewater, New Jersey, he was most recently registered with LPL Financial (2016-2021) and operated under the banner of Paradigm Wealth Management. His past registrations include First Allied Securities (Bridgewater, New Jersey; 2009-2016), Genworth Financial Securities Corporation (Schaumburg, Illinois; 2005-2009), MetLife Securities (Springfield, Massachusetts; 2000-2005), Metropolitan Life Insurance Company (New York, New York; 2000-2005), Prudential Investment Management (1999-2000), Copeland Equities (Somerset, New Jersey; 1998-1999), and 1717 capital Management Company (Newark, Delaware; 1996-1997). 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 Securities Agent State Law Examination, or Series 63. He is currently not licensed as a broker with any US state or FINRA member firm. (Information current as of December 17, 2022.)

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