Tami Wihlen: Excel Securities Advisor Faces $379K Complaint

Rochester, New York financial advisor Tami Wihlen (CRD# 2712926) recently received an investor complaint alleging that her conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that she is registered as a broker and an investment advisor with Ashton Thomas Securities, as well as a representative of Excel Securities.

Ms. Wihlen’s BrokerCheck report discloses one investor complaint. Filed in April 2025, it alleges that as a representative of Ashton Thomas Securities, she “did not open the correct type of account” and did not “properly” document beneficiary designations, resulting in financial harm. The pending complaint alleges damages of $379,560.

Excel Securities’ website includes a profile of Ms. Wihlen that describes her experience and services as a principal and registered representative at the firm. “Tami co-founded Excel’s Qualified Retirement Plan Division and created a unique compliance documentation system used in Internal Revenue Service (IRS) and Employee Retirement Investment Saving Act (ERISA) audits,” it explains. “As a Retirement Plan Specialist, she educates plan sponsors and participants regarding their rights and responsibilities. Tami brings a disciplined and balanced approach to her clients’ planning objectives, offering every client a high level of expertise, responsiveness and service.”

Elsewhere on Excel Securities’ website, the firm describes its own history and services. “We established our business with the goal of catering to the community’s stock and bond investing needs,” it explains. “As stewards of our client’s wealth, we go to great lengths to cultivate long-term relationships. Each relationship is built on a passion for what we do, the depth of our capabilities, and our relentless commitment to integrity, objectivity, and sincerity.”

According to the Financial Industry Regulatory Authority, Tami Wihlen holds 29 years of securities industry experience. Based in Rochester, New York, she has been registered as a broker and an investment advisor with Ashton Thomas Securities since 1996 and 2021, respectively. She is also a representative of Excel Securities, a part of Ashton Thomas Private Wealth. Her credentials include the passage of ten securities industry qualifying exams: the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Registered Options Principal Examination, or Series 4; the Operations Professional Exam, or Series 99TO; the Securities Trader Exam, or Series 57TO; the Limited Representative-Equity Trader Exam, or Series 55; and the Financial and Operations Principal Examination, or Series 27. She holds 21 state licenses. (Information current as of June 30, 2025.)

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