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John Eggleton: Foster Financial Advisor Faces $450K REIT Complaint

Dallas, Texas financial advisor John Eggleton (CRD# 4954717) recently received an investor complaint alleging that he recommended an unsuitable investment. Financial Industry Regulatory Authority records show that he is registered as a broker with Ameritas Investment Company and an investment advisor with Ameritas Advisory Services, doing business as Foster Financial Group.

Mr. Eggleton’s BrokerCheck report discloses one investor complaint. Filed in December 2023, it alleges that as a representative of Ameritas Investment Company, he recommended an unsuitable real estate investment trust (REIT) product. The pending complaint alleges damages of $450,000.

Foster Financial Group’s website includes a profile of Mr. Eggleton that describes his background and experience. “John joined Foster Financial Group in 2009, bringing with him his professional experience in advising affluent individuals and families,” it explains. “He works closely with their trusted tax and legal advisors on all matters including tax and estate planning , the sale of privately held businesses, division of financial assets in divorce, and liquidation of concentrated stock positions.”

According to the Financial Industry Regulatory Authority, John Eggleton holds 18 years of securities industry experience. Based in Dallas, Texas, he has been registered as a broker with Ameritas Investment Company and an investment advisor with Ameritas Advisory Services since 2009, doing business as Foster Financial Group. He was previously registered with Sanford C. Bernstein & Company in Dallas, Texas from 2005 until 2008. His credentials include the passage of four 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; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Arizona, California, Florida, Minnesota, Missouri, Oregon, Rhode Island, Texas, and Washington. (Information current as of June 9, 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.

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