Genevieve Mar: M-G Advisor Faces $500K Complaint

Northbrook, Illinois financial advisor Genevieve Mar (CRD# 2744037) has received multiple investor complaints alleging that her conduct resulted in losses. Financial Industry Regulatory Authority records show that she is registered as a broker and an investment advisor with Berthel Fisher, doing business as M-G Financial.

Ms. Mar’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in December 2025, alleges that as a representative of Berthel Fisher, she misrepresented and recommended unsuitable investments. The pending complaint alleges damages of $500,000.

An earlier investor complaint, filed in 2023, alleged that as a Berthel Fisher representative, she misrepresented and recommended unsuitable investments. The complaint reached a settlement of $32,500.

A third investor complaint, filed in 2020, alleged that as a representative of Berthel Fisher, she recommended unsuitable real estate investments. The complaint reached a settlement of $20,100.

A fourth investor complaint, filed in 2018, alleged that as a Berthel Fisher representative, she recommended unsuitable investments whose risk she failed to explain at the time of purchase. In 2020 the complaint reached a settlement of $14,999.

A fifth investor complaint, filed in 2019, alleged that as a Berthel Fisher representative, she breached her fiduciary duty, misrepresented and omitted material facts, breached contract, committed fraud, engaged in unjust enrichment, and acted negligently. The complaint evolved into an arbitration proceeding that concluded with an award to the claimant of $477,000.

According to the Financial Industry Regulatory Authority, Genevieve Mar holds 29 years of securities industry experience. Based in Northbrook, Illinois, she has been registered as a broker and an investment advisor with Berthel Fisher since 2010. Her past registrations include Brewer Financial Services, Woodbury Financial Services, and PFS Investments. Her credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. She holds 24 state licenses. (Information current as of February 1, 2026.)

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.