Doug Charney: $100K Complaint Against Prospera Advisor

A recent investor complaint against Harrisburg, Pennsylvania financial advisor Doug Charney (CRD# 1838995) alleges that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Prospera Financial Services.

Mr. Charney’s BrokerCheck report discloses one investor complaint. Filed in November 2024, it alleges that as a representative of Prospera Financial Services, he was responsible for poor account performance starting in October 2021. The pending complaint alleges damages of $100,000.

Charney Investment Group, which offers securities and advisory services through Prospera Financial, includes a page on its website outlining the firm’s process. “We begin by taking time to get to know you, your goals, your values, your relationships, and your personal history in order to understand every aspect of your finances,” it explains. “We then develop a strategy that strikes an optimal balance between where you are today and where you want to be tomorrow. We check in with you on a regular basis to adapt your plan to your evolving needs.”

According to the Financial Industry Regulatory Authority, Doug Charney holds 36 years of securities industry experience. Based in Harrisburg, Pennsylvania, he has been registered as a broker and an investment advisor with Prospera Financial Services since 2016. His past registrations include Wells Fargo Advisors (Harrisburg, Pennsylvania; 1995-2016), First Union Capital Markets (Charlotte, North Carolina; 1994-1999), and Dean Witter Reynolds (1988-1994). His credentials include the passage of eight securities industry qualifying exams: the General Securities Sales Supervisor – General Module Examination, or Series 10;  the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor Exam (Options Module & General Module); the Operations Professional Exam, or Series 99TO; the Securities Industry Essentials Examination, or SIE; the Futures Managed Funds Examination, or Series 31; the General Securities Representative Examination, or Series 7; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 32 state licenses. (Information current as of December 15, 2024.)

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.