Jeff Buchanan: $198K Complaint Against Wealth Management Advisor

A recent investor complaint against Hershey, Pennsylvania financial advisor Jeff Buchanan (CRD# 4083514) alleges that his advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Securities America, doing business as Wealth Management Services.

Mr. Buchanan’s BrokerCheck report discloses one investor complaint. Filed in April 2024, it alleges that as a representative of Securities America, he provided “poor advice regarding the annuitization of her variable annuity.” The pending complaint alleges damages of $189,897.

Wealth Management Services’ website includes a page describing the firm’s approach to working with its clients. “As goal based advisors, you tell us where you want to be and where you see yourself, and we will work together to put together a strategy and plan for you on how to get to that end goal where you want to be,” it explains. “Not only will you find our team members knowledgeable, but you will also discover that our team truly cares about making your dreams a reality.”

According to the Financial Industry Regulatory Authority, Jeff Buchanan holds 24 years of securities industry experience. Based in Hershey, Pennsylvania, he has been registered as a broker and an investment advisor with Securities America since 2017, doing business as Wealth Management Services. His past registrations include National Planning Corporation (Hershey, Pennsylvania; 2004-2017), Walnut Street Securities (El Segundo, California; 2003-2004), Nathan & Lewis Securities (New York, New York; 2000-2003), and 1717 Capital Management Company (Newark, Delaware; 1999-2001). His credentials include the passage of six securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Municipal Fund Securities Principal Examination, or Series 51; the General Securities Representative Examination, or Series 7; 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. He is licensed in Arkansas, California, Colorado, Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia, Washington, and Wisconsin. (Information current as of June 1, 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.