Kevin Gutwein: Westpoint Gutwein Advisor Lands $350K Complaint

Indianapolis financial advisor Kevin Gutwein (CRD# 2904262) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with MML Investors Services. His website shows that he is a representative of Westpoint Gutwein Group, which offers securities and advisory services through MML.

Mr. Gutwein’s BrokerCheck report discloses one investor complaint. Filed in March 2024, it alleges that as a representative of MML Investors Services, he he recommended unsuitable investments in whole life insurance policies and a limited partnership. The pending complaint alleges damages of $350,000.

Westpoint Gutwein Group’s website includes a profile of Mr. Gutwein in which he describes his background and approach. “As a comprehensive financial advisor specializing in wealth management, retirement, and legacy planning, my goal is to help people achieve their financial dreams,” he writes. “As early as age twelve, I developed a fascination with working and building wealth, which resulted in investing in a Certificate of Deposit before I was a teenager. After graduating from Purdue University with a degree in business, I knew I wanted to help other people learn to grow their wealth as well.”

According to the Financial Industry Regulatory Authority, Kevin Gutwein holds 24 years of securities industry experience. Based in Indianapolis, Indiana, he has been a broker and an investment advisor with MML Investors Services since 2011. His registration history includes National Planning Corporation (West Lafayette, Indiana; 2003-2011) and Walnut Street Advisors (Lafayette, Indiana; 2000-2003). His credentials include the passage of four securities industry qualifying exams: 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 holds 25 state licenses. (Information current as of April 14, 2024.)

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