Jeffrey Shaver: $100K Complaint Against Ex-Triad Advisor

A recent investor complaint against Atlanta, Georgia financial advisor Jeffrey Shaver (CRD# 2675592) alleges that his investment advice resulted in six-figure damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Arkadios Capital and Triad Advisors broker is currently registered as an investment advisor with 34 Financial.

Mr. Shaver’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in June 2024, alleges that as a representative of Triad Advisors, he invested the customer’s retirement assets “in a single high risk alternative investment.” The pending complaint alleges damages of $100,000.

An earlier investor complaint, filed in 2022, alleged that as a representative of Triad Advisors and Arkadios Capital, he recommended unsuitable alternative investments, over-concentrated investments in the customer’s account, and acted negligently. In July 2023 the complaint reached a settlement of $172,500.

A third investor complaint, filed in 2005, alleged that as a representative of AG Edwards & Sons, he provided poor investment advice. In 2006 the complaint reached a settlement of $7,470.26.

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Jeffrey Shaver holds 27 years of securities industry experience. Based in Atlanta, Georgia, he has been registered as an investment advisor with 34 Financial since January 2024. His past registrations include Arkadios Capital, Triad Advisors, LPL Financial Corporation, Wachovia Securities Financial Network, Morgan Keegan & Company, AG Edwards & Sons, JP Turner & Company, and Argent Securities. 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. He is licensed in Georgia. (Information current as of July 6, 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.