Randy Redd: Embezzlement Complaint Against LPL Advisor

Chandler, Arizona financial advisor Randy Redd (CRD# 4551799) allegedly embezzled customer funds, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with LPL Financial, doing business as Garry L. Johnson & Associates.

Mr. Redd’s BrokerCheck report discloses one investor complaint. Filed in December 2023, it alleges that as a representative of LPL Financial, he embezzled a customer’s funds through a private real estate transaction. The pending complaint alleges unspecified damages.

Garry L. Johnson & Associates’ “About” page notes that the firm is located in Mesa, Arizona. “Our in-house customer service team is the key ingredient in providing quality and timely service when it counts,” it explains. “Ensuring customer satisfaction through an experienced customer service team is our top priority with each client. We have worked hard to assemble a tenured, high-quality customer service team with insurance experience.”

According to the Financial Industry Regulatory Authority, Randy Redd holds 21 years of securities industry experience. Based in Chandler, Arizona, he has been a broker and an investment advisor with LPL Financial since 2004, doing business as Garry L. Johnson & Associates. He was previously registered with Equity Services in Montpelier, Vermont from 2002 until 2004. His credentials include the passage of four securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Arizona, California, Colorado, Nevada, and Utah. (Information current as of January 21, 2024.)

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