Preston Walchli: Complaint Alleges Realta Advisor “Lied” to Clients

A recent investor complaint against Scottsdale, Arizona financial advisor Preston Walchli (CRD# 7265249) alleges that he lied to a customer, resulting in losses. Financial Industry Regulatory Authority records show that he is registered as a broker with Realta Equities, having previously been registered with Wealth Strategies Advisory Group and Robinhood Financial.

Mr. Walchli’s BrokerCheck report discloses one investor complaint. Filed in December 2025, it alleges that as a representative of VFO Consulting Group, Transce3nd LLC, Wealth Strategies Advisory Group, and Realta Equities, he made misrepresentations regarding alternative investments and “lied to” the customers. The pending complaint alleges unspecified damages.

Investors should be aware that brokers are forbidden by FINRA rules from misrepresenting material facts relating to an investment or investment strategy. Securities industry rules and standards prohibit both fraudulent misrepresentation, which encompasses the intentional provision of misleading information, as well as negligent misrepresentation, which encompasses the careless provision of misleading information. Common forms of misrepresentation include the provision of misleading information regarding an investment’s risk or whether it comes with the potential for the total loss of principal. Investors who suffer losses on investments that they made as the result of misrepresentations may be able to bring a claim against their broker.

According to the Financial Industry Regulatory Authority, Preston Walchli holds four years of securities industry experience. Based in Scottsdale, Arizona, he has been registered as a broker with Realta Equities since 2023. His past registrations include Realta Investment Advisors, Wealth Strategies Advisory Group, Robinhood Financial, and Morgan Stanley. His credentials inlcude the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; and the General Securities Representative Examination, or Series 7. He is licensed in Arizona, California, and Nevada. (Information current as of January 17, 2026.)

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.