Leo Rosner: $700K Complaint Against Wealth Strategy Advisor

Beachwood, Ohio financial advisor Leo Rosner (CRD# 1011519) allegedly provided investment advice that resulted in six-figure damages, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Cambridge Investment Research, doing business as Wealth Strategy Advisors.

Mr. Rosner’s BrokerCheck report discloses two investor complaints. The most recent, filed in January 2024, alleges that as a representative of Cambridge Investment Research, he misrepresented and recommended an unsuitable real estate investment. The pending complaint alleges damages of $700,000.

Wealth Strategy Advisors’ website includes a profile of Mr. Rosner that describes him as the firm’s founder. “To bring a degree of reliability to the table, to see the detail of what you want to accomplish on behalf of a client’s vision of the future, to take them where they need to go…you have to understand the real implications of each decision in the context of the dynamic nature of the markets, and act positively on that,” he states in a quote cited in the profile. “It’s called being grounded. After that, it’s all about doing what you say you are going to do.”

According to the Financial Industry Regulatory Authority, Leo Rosner holds 42 years of securities industry experience. Based in Beachwood, Ohio, he has been a broker and an investment advisor with Cambridge Investment Research since 2019. His past registrations include SagePoint Financial (Beachwood, Ohio; 2017-2019), Cambridge Investment Research (Beachwood, Ohio; 2010-2017), Lincoln Financial Advisors Corporation (Pepper Pike, Ohio; 2001-2010), Linsco/Private Ledger Corporation (Fort Mill, South Carolina; 1997-2001), Investment Management & Research (St. Petersburg, Florida; 1996-1997), Walnut Street Securities (El Segundo, California; 1989-1996), Cigna Securities (Radnor, Pennsylvania; 1989), First Western Securities (1987-1989), EF Hutton & Company (1985-1987), and Smith Barney Harris Upham (1981-1985). His credentials include the passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the Interest Rate Options Examination, or Series 5; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 16 state licenses. (Information current as of February 26, 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.