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Richard Rogers: Ex-Belpointe Advisor Resigned over Allegations
Phoenix, Arizona financial advisor Richard Rogers (CRD# 1847671) recently resigned from a former member firm in connection with allegations of misconduct. Financial Industry Regulatory Authority records show that the former Belpointe Asset Management advisor is currently registered with Brookwood Investment Group.
Mr. Rogers’ BrokerCheck report discloses his recent departure from Belpointe Asset Management. Filed in June 2023, the disclosure states that he was “permitted to resign” in connection with allegations he “distributed unapproved sales materials,” failed to keep his disclosure form updated, and “knowingly” misled a customer over email.
A second disclosure on his BrokerCheck report concerns an investor complaint against him. Filed in 1986, it alleged that as a representative of First Commodity Corporation of Boston, he misrepresented material facts related to an unspecified investment. The complaint reached a settlement of $16,166.46.
According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Richard Rogers holds 34 years of securities industry experience. Based in Phoenix, Arizona, he has been an investment advisor with Brookwood Investment Group since September 2023. His past registrations include Belpointe Asset Management (Greenwich, Connecticut; 2018-2023), Wells Fargo Clearing Services (Hyannis, Massachusetts; 2000-2018), First Union Capital Markets (Charlotte, North Carolina; 1999), BT Alex Brown (Baltimore, Maryland; 1997-1999), Alex Brown & Sons (1993-1997), Lehman Brothers (New York, New York; 1989-1993), and Graystone Nash (1988-1989). His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed as an investment advisor in Arizona. (Information current as of October 3, 2023.)
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