Close Menu
Free Consultation: 888-976-6111

Robert Vance: $100K Bond Complaint Against Sonora Advisor

Moloney Securities financial advisor Robert Vance (CRD# 1887560) allegedly recommended unsuitable investments, according to a recent investor complaint against him. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor based in Sonora, California.

Mr. Vance’s BrokerCheck report discloses three investor complaints. The most recent, filed in June 2022, alleges that as a representative of Moloney Securities, he engaged in negligence and recommended unsuitable corporate bond investments between 2016 and 2018. The pending complaint alleges unspecified damages.

An earlier investor complaint, filed in May 2022, similar alleges that as a Moloney Securities representative, he acted negligently and made unsuitable recommendations to invest in corporate bonds. The pending complaint alleges damages of $100,000. 

In statements on each of the pending complaints against him, Mr. Vance wrote: “I refute the allegations of the claim.”

A third investor complaint, filed in March 2022, alleged that he recommended an investment that suffered performance issues while at Moloney Securities. The complaint alleged damages of $40,000 and was denied by the firm.

According to the Financial Industry Regulatory Authority, Robert Vance holds 33 years of securities industry experience. Based in Sonora, California, he has been a broker and an investment advisor with Moloney Securities since 2016 and 2017, respectively. His past registrations include Vance Capital Management (Sonora, California; 2007-2018), Ridgeway & Conger (New Woodstock, New York; 2011-2016), BFT Financial Group (Sonora, California; 2003-2011), World Choice Securities (Columbus, Ohio; 2001-2003), Macken Securities (Roseville, California; 2000-2001), SunAmerica Securities (Phoenix, Arizona; 1998-2000), American Express Financial Advisors (Minneapolis, Minnesota; 1990-1998) IDS Life Insurance Company (Minneapolis, Minnesota; 1990-1998), and Dreamwest Securities Corporation (1988-1989). His credentials include the passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Municipal Fund Securities Principal Examination, or Series 51; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Alaska, Arizona, California, Colorado, Georgia, Idaho, Nevada, Oregon, Pennsylvania, South Carolina, Texas, and Washington. (Information current as of September 3, 2022.)

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.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Steve Haskell: $250K Complaint Against Ex-WealthForge Advisor

    Indianapolis financial advisor Steve Haskell (CRD# 6864948) recently received an investor complaint alleging his advice resulted in six-figure damages. Financial...

    Read More
  • Brad May: $395K Complaint Against Southern Ethos Wealth Advisor

    Sandersville, Georgia financial advisor Brad May (CRD# 5162373) recently received an investor complaint alleging he made unsuitable investment recommendations. Financial...

    Read More
  • Brian Dumont: $500K Complaint Against Ex-Cambridge Advisor

    Former New York City broker Brian Dumont (CRD# 4737802) recently received an investor complaint alleging his conduct resulted in six-figure...

    Read More
  • John Aguilera: Advanced Financial Advisor Receives $240K Complaint

    Vista, California financial advisor John Aguilera (CRD# 2066720) recently received an investor complaint alleging that his conduct resulted in six-figure...

    Read More
  • Previous
  • Next