Ryan Yee: Suitability Complaint Against True North Advisor

A recent investor complaint against San Jose, California financial advisor Ryan Yee (CRD# 6327300) alleges that his advice resulted in damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Centaurus Financial, doing business as True North Advisors.

Mr. Yee’s BrokerCheck report discloses one investor complaint. Filed in May 2026, it alleges that as a representative of Centaurus Financial, he recommended an unsuitable investment and failed to disclose the magnitude of loss in the account. The pending complaint alleges damages of $41,643.

In a statement included with the complaint’s disclosure, Mr. Yee “vehemently” denied the allegations and characterized the allegations as meritless. “The investments about which the customers complained were suitable and were recommended based on the customer’s objectives, goals and financial circumstances and were offered only after their review of all material documentation related to the investment,” he wrote further. “The customers confirmed in writing that they not only received the requisite investment documentation/disclosures, but that they fully understood the characteristics and risks of the investments. At all times, I put the customer’s interest first and I will vigorously defend this matter to the fullest extent of the law.”

According to the Financial Industry Regulatory Authority, Ryan Yee holds eight years of securities industry experience. Based in San Jose, California, he has been registered as a broker and an investment advisor with Centaurus Financial since 2018, doing business as True North Advisors. His credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the Investment Company Products/Variable Contracts Principal Examination, or Series 26; and the Investment Company Products/Variable Contracts Representative Examination, or Series 6. He is licensed in Arizona, California, Colorado, Florida, Idaho, Illinois, Nevada, Oregon, Texas, and Washington. (Information current as of June 21, 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.