Larry Cohen: Former Aegis Advisor Faces Suitability Complaint

New York City financial advisor Larry Cohen (CRD# 3191796) recently received an investor complaint alleging that he recommended unsuitable investments. Financial Industry Regulatory Authority records show that he is registered as a broker with Dominari Securities, having previously been registered with Aegis Capital.

Mr. Cohen’s BrokerCheck report discloses two investor complaints. The most recent, filed in January 2025, alleges that as a representative of Aegis Capital, he recommended unsuitable investments. The pending complaint alleges unspecified damages estimated to be at least $5,000.

An earlier investor complaint, filed in 2005, alleged that as a representative of Ryan Beck & Company, he executed trades without authorization. The complaint reached a settlement of $19,000.

Mr. Cohen’s LinkedIn profile includes a section describing his experience and services as a Managing Director at the firm. “Senior investment management professional building on over 20 yrs experience sourcing, evaluating and managing alternative, traditional and opportunistic co-investments for UHNWI’s and families across public and private markets,” it explains, “including early-stage venture capital, real estate, hedge funds, private equity funds, hedging strategies, and long-short equity.”

According to the Financial Industry Regulatory Authority, Larry Cohen holds 24 years of securities industry experience. Based in New York City, he has been registered as a broker with Dominari Securities since March 2024. His past registrations include Aegis Capital, Osprey Partners, Paulson Investment Company, Gilford Securities, Advanced Equities, VFinance Investments, Joseph Gunnar & Company, Capital Growth Financial, Maxim Group, Ryan Beck & Company, Fahnestock & Company, CIBC World Markets, Lehman Brothers, and First Institutional Securities. His credentials include the passage of four securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Municipal Securities Representative Examination, or Series 52; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 29 state licenses. (Information current as of April 5, 2025.)

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