Reed Haimson: $475K Complaint Against Great Point Advisor

Lakewood, Colorado financial advisor Reed Haimson (CRD# 5533993) allegedly made an unsuitable investment recommendation, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Great Point Capital and Quincy Wells Advisors, respectively.

Mr. Haimson’s BrokerCheck report discloses one investor complaint. Filed in December 2025, it alleges that as a representative of Great Point Capital, he breached contract, failed to conduct adequate due diligence, gave unsuitable advice, and breached contract in connection with a Delaware Statutory Trust transaction. The pending complaint alleges damages of $475,000.

For reference, a Delaware Statutory Trust (DST) is a trust entity created that allows individual investors to purchase ownership interests in large, institutional-grade real estate assets that would otherwise be inaccessible to them. Examples of these assets include apartment complexes, senior living facilities, and commercial real estate. Investors pool their funds into the DST, which is managed by a professional sponsor or trustee. The sponsor or trustee oversees the acquisition, operation, and sale of the property on behalf of the trust’s beneficiaries. Investors can use DSTs as replacement properties in a 1031 exchange, which gives them the ability to defer capital gains taxes by reinvesting proceeds from the sale of another property into a DST. Risks of this strategy include illiquidity, high fees, and a lack of control over the investment. For these reasons, DSTs may be considered unsuitable for investors with limited experience and/or a low tolerance for risk.

According to the Financial Industry Regulatory Authority, Reed Haimson holds 14 years of securities industry experience. Based in Lakewood, Colorado, he has been registered as a broker with Great Point Capital since 2019 and an investment advisor with Quincy Wells Advisors since 2022. His registration history includes Great Point Advisors, Colorado Financial Service Corporation, Morgan Stanley, and Edward Jones. His credentials include the passage of six securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; the Uniform Securities Agent State Law Examination, or Series 63; the Limited Representative-Private Securities Offerings, or Series 82; the Direct Participation Programs Representative Examination, or Series 22; and the General Securities Representative Examination, or Series 7. He holds 33 state licenses. (Information current as of March 22, 2026.)

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