Close Menu
Free Consultation: 888-976-6111

Howard Kavinsky: Ex-B. Riley Advisor Lands $760K Complaint

UPDATED: Carlson Law, P.A. is currently representing a former customer of Howard Kavinsky.

Charlotte, North Carolina financial advisor Howard Kavinsky (CRD# 5881623) recently received an investor complaint alleging that he provided misleading information. Financial Industry Regulatory Authority records show that the former B. Riley Wealth Management representative is currently registered as a broker with Supreme Alliance.

Mr. Kavinsky’s BrokerCheck report discloses one investor complaint. Filed in June 2024, it alleges that as a representative of B. Riley Wealth Management, he refused to provide the clients with copies of their statements and provided false and misleading information about their account balances. The claimants allege further that “funds have gone missing including qualified funds being removed from qualified accounts.” The pending complaint alleges damages of $760,000.

A second disclosure on his BrokerCheck report concerns his firing from B. Riley Wealth Management. Filed in May 2024, it states that the firm terminated his registration in connection with allegations that he misrepresented customer account values, created “unfounded customer statements purportedly from a clearing firm,” failed to forward potential customer grievances to the firm, and and failed to follow firm procedures relating to “the creation and use of consolidated client reports.”

According to the Financial Industry Regulatory Authority, Howard Kavinsky holds 13 years of securities industry experience. Based in Charlotte, North Carolina, he has been registered as a broker with Supreme Alliance since September 2024. His past registrations include B. Riley Wealth Management, National Securities, David A. Noyes & Company, Sanctuary Advisors, Morgan Stanley, and Hornor Townsend & Kent. His credentials include the passage of five securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. (Information current as of September 29, 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.

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