Close Menu
Free Consultation: 888-976-6111

Frank Chiodi Jr.: Did Precision Advisor Misrepresent REIT?

Scarsdale financial advisor Frank Chiodi Jr. (CRD# 3189448) recently received an investor complaint alleging his advice resulted in damages. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Royal Alliance Associates, doing business as Precision Wealth Solutions.

Mr. Chiodi’s BrokerCheck report discloses one investor complaint. Filed in May 2023, it alleges that as a representative of Royal Alliance Associates, he misrepresented material facts relating to an unsuitable real estate investment trust product. The pending complaint alleges unspecified damages.

As his profile on Precision Wealth Solutions’ webpage states, Mr. Chiodi Jr. is the firm’s president, and specializes in providing services to law enforcement officers and first responders. “I strive to assist my clients with investment management, retirement planning, and many other aspects of financial services while also managing the firm as a whole,” he writes, adding further: “While there are many attractive features of working in a job I am passionate about, I most enjoy working with law enforcement because they are on the front line each and every day. In light of that, helping them achieve peace of mind is very gratifying for me. I strive to be readily available to all of my clients and I consistently practice a strong understanding of their individual needs.”

According to the Financial Industry Regulatory Authority, Frank Chiodi Jr. holds 24 years of securities industry experience. Based in Scarsdale, New York, he has been a broker and an investment advisor with Royal Alliance Associates since 2021, doing business as Precision Wealth Solutions. His past registrations include Voya Financial Advisors (Scarsdale, New York; 2003-2021), Waddell & Reed (Overland Park, Kansas; 2001-2003), and Signator Investors (Boston, Massachusetts; 1999-2001). His credentials include the passage of five securities industry qualifying exams: the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; the Corporate Securities Limited Representative Examination, or Series 62; and the Investment Company Products/Variable Contracts Representative Examination, or Series 6. He is licensed in California, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Louisiana, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia. (Information current as of June 18, 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.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Steve Bransburg: Gradient Advisor Fired by AllState

    Conroe, Texas financial advisor Steve Bransburg (CRD# 1003470) was recently terminated by a former member firm in connection with alleged...

    Read More
  • Leonard Suskind: UBS Advisor Received $1.5mm Complaint

    A recent, denied investor complaint against Hallandale Beach, Florida financial advisor Leonard Suskind (CRD# 1140599) alleged that his conduct resulted...

    Read More
  • Fred Hilton: $500K Complaint Against LPL Advisor

    Gainesville, Florida financial advisor Fred Hilton (CRD# 2161935) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry...

    Read More
  • Walter Schram: Ameriprise Advisor Lands $300K Complaint

    A recent investor complaint against Farmington Hills, Michigan financial advisor Walter Schram (CRD# 1728096) alleges that his conduct resulted in...

    Read More
  • Previous
  • Next