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John Mickelson: Suitability Complaint Against Wealth Advocates Advisor

Logan, Utah financial advisor John Mickelson (CRD# 2628700) allegedly recommended investments to generate commissions, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker with CreativeOne Securities and an investment advisor with Strategic Advocates, doing business as Wealth Advocates.

Mr. Mickelson’s BrokerCheck report discloses one investor complaint. Filed in January 2025, it alleges that as a representative of Cambridge Investment Research, he recommended speculative alternative oil and gas investments “for the purpose of generating high commissions and fees.” The pending complaint alleges unspecified damages.

Wealth Advocates’ website includes a page describing the firm’s mission, including its emphasis on preserving clients’ values. “Our goal is to make your dreams achievable with coordination of various financial responsibilities,” it explains. “From the moment you start working with us we focus on what you are all about: what you have, what you want and what you need. When we have a clear picture of you, we can make your specialized strategy.”

According to the Financial Industry Regulatory Authority, John Mickelson holds 29 years of securities industry experience. Based in Logan, Utah, he has been registered as a broker with CreativeOne Securities since 2024 and an investment advisor with Strategic Advocates since 2022, doing business as Wealth Advocates. His registration history includes Crown Capital Securities (2023-2024), Cambridge Investment Research (2012-2022), Woodbury Financial Services (2007-2012), ESI Financial Advisors (2001-2007), Equity Services (2001-2007), and NYLife Securities (1995-2001). His credentials include the passage of four securities industry qualifying exams: the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; and the Investment Company Products/Variable Contracts Representative Examination, or Series 6. He is licensed in Arizona, California, Colorado, Idaho, Louisiana, Montana, Nevada, North Carolina, Oklahoma, Oregon, Texas, Utah, and Wyoming. (Information current as of February 9, 2025.)

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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