Larry Tolbert: $113K Complaint Against Radian Advisor

Recent investor complaint against Memphis, Tennessee financial advisor Larry Tolbert (CRD# 1054714) allege that he recommended unsuitable investments. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Integrity Alliance, doing business as Radian Partners.

Mr. Tolbert’s BrokerCheck report discloses several investor complaints. The most recent, filed in February 2026, alleges that as a representative of Lion Street Financial, he “recommended unsuitable, risky, illiquid, and complex unsecured debt securities.” The pending complaint alleges damages of $113,000.

A second investor complaint, filed in January 2026, similarly alleges that as a Lion Street Financial representative, he unsuitably recommended unsecured debt securities. The pending complaint alleges damages of $85,000.

A third investor complaint, filed in 2025, alleged that as a representative of Lion Street Financial, he acted negligently, recommended unsuitable corporate bond investments, breached contract, violated the law, and breached his fiduciary duty. In February 2026 the complaint reached a settlement of $13,500.

A fourth investor complaint, filed in 2023, alleged that as a Lion Street Financial, he made unsuitable investment recommendations. The complaint reached a settlement of $45,000.

According to the Financial Industry Regulatory Authority, Larry Tolbert holds 25 years of securities industry experience. Based in Memphis, Tennessee, he has been registered as a broker and an investment advisor with Integrity Alliance since 2025, doing business as Radian Partners. His past registrations include Lion Street Financial, FSC Securities Corporation, Private Client LLC, Householder Group Financial Advisors, Securities Service Network, SagePoint Financial, SunAmerica Securities, Saxony Securities, Syndicated Capital, MetLife Securities, and AXA Advisors. His credentials include the passage of four securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; the General Securities Principal Examination, or Series 24; and the General Securities Representative Examination, or Series 7. He holds 14 state licenses. (Information current as of April 7, 2026.)

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