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James Ciocia: $200K Complaint Against Generations Tax & Wealth Advisor
James Ciocia (CRD# 1619245), a financial advisor in Tampa, Florida, has received investor complaints alleging six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and investment advisor with Cetera Financial Specialists and owner of Generations Tax & Wealth Management.
Mr. Ciocia’s BrokerCheck report discloses two investor complaints. One of them, filed in August 2021, alleges that as a representative of National Securities Corporation, he recommended an unsuitable investment strategy involving common and preferred stock products. The pending complaint alleges damages of $200,000.
A second investor complaint, filed in February 2022, alleges that Mr. Ciocia recommended an unsuitable private placement while a representative of National Securities Corporation. The pending complaint alleges damages of $100,000.
According to the Financial Industry Regulatory Authority, James Ciocia holds 34 years of securities industry experience. Based in Tampa, Florida, he has been a broker and investment advisor with Cetera Financial Specialists and Cetera Investment Advisors since 2020. He is the owner of Generations Tax & Wealth Management, which offers securities through Cetera. His past registrations include National Securities Corporation (Tampa, Florida; 2013-2020), Prime Capital Services (Tampa, Florida; 1999-2013), Royal Alliance Associates (Jersey City, New Jersey; 1989-1999), JT Securities (Great Neck, New York; 1994-1998), Integrated Resources Equity Corporation (1988-1989), The Equitable Life Assurance Society of the United States (1988-1989), Equico Securities (1988-1989), and Life Planning (1988). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Uniform Combined State Law Examination, or Series 66; the General Securities Representative Examination, or Series 7; the Uniform Securities Agent State Law Examination, or Series 63; and the Securities Industry Essentials Examination, or SIE. He holds 28 state licenses. (Information current as of June 22, 2022.)
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.