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Chapel Wealth Advisor Francis Carson: 7-Figure Investor Complaint
A recent investor complaint against Stratford, Connecticut advisor Francis Carson (CRD# 1494735) alleges that his investment advice resulted in damages of more than $1.4 million. Records maintained by the Financial Industry Regulatory Authority show that he is a broker with Money Concepts Capital and an investment advisor with Money Concepts Advisory Service, doing business as Chapel Wealth Management.
Mr. Carson’s BrokerCheck report discloses one investor complaint. Filed in July 2023, it alleges that as a representative of Money Concepts Capital, he recommended unsuitable investments, acted negligently, and breached contract. The pending complaint alleges damages of $1,402,600.
His profile on Money Concepts Capital’s website describes Mr. Carson as a “seasoned Financial Planner and Investment Advisor Representative focusing on individualized client solutions.” His services include estate planning, trust planning, pension planning, and college savings and retirement. “Francis also has over twenty years of investment, finance and risk management experience. He believes that everyone needs financial and estate guidance,” his profile states. “He enjoys opportunities to work with potential clients from all over the country.”
According to the Financial Industry Regulatory Authority, Francis Carson holds 18 years of securities industry experience. Based in Stratford, Connecticut, he has been a broker with Money Concepts Capital and an investment advisor with Money Concepts Advisory Service since 2020, doing business as Chapel Wealth Management. He was previously registered with Trustmont in Stratford from 2005 until 2020. His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in California, Colorado, Connecticut, Delaware, Florida, Massachusetts, New Jersey, New York, and Pennsylvania. (Information current as of July 26, 2023.)
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.