Patrick Morehead: $400K Complaint Against Quiver, Ex-WestPark Advisor

La Mirada, California financial advisor Patrick Morehead (CRD# 6661646) recently received an investor complaint alleging that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former WestPark Capital broker is registered as an investment advisor with Quiver Financial Holdings.

Mr. Morehead’s BrokerCheck report discloses one investor complaint. Filed in May 2025, it alleges that as a representative of WestPark Capital, he breached his fiduciary duty, acted negligently, breached contract, and violated the California Securities Act in connection with investments in inverse and leveraged exchange-traded funds and other products. The pending complaint alleges damages of $400,000.

Quiver Financial Holdings’ website includes a profile of Mr. Morehead that describes his background and experience. “Patrick brings to Quiver Financial an expertise in creating income and growth with alternative investments that have a reduced correlation to equity markets,” it explains. “Patrick’s extensive knowledge in Real Estate and Alternative investments is a great asset to anyone he meets to help them assess and achieve their financial goals.”

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Patrick Morehead holds eight years of securities industry experience. Based in La Mirada, California, he has been registered as an investment advisor with Quiver Financial Holdings since 2021. His past registrations include Delta Investment Management, American Trust Investment Services, WestPark Capital, VFG Advisors, and VFG Securities. His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7TO; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; and the Uniform Combined State Law Examination, or Series 66. He is licensed in California. (Information current as of June 2, 2025.)

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