Close Menu
Free Consultation: 888-976-6111

The Other Side of Medicine’s Azmi Sharif: Complaint Settles for $500K

An investor complaint against Elhurst, Illinois financial advisor Azmi Sharif (CRD# 2343413) recently settled for $500,000. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with LPL Financial, doing business as The Other Side of Medicine.

Mr. Sharif’s BrokerCheck report discloses one investor complaint against him. Filed in July 2022, the complaint alleged that as an LPL Financial representative, he misrepresented and recommended an unsuitable private placement investment. In August 2022 the complaint reached a settlement of $500,000.

In a statement included in the complaint’s disclosure, Mr. Sharif defended himself against the allegations. “The settlement was made without any admission of liability whatsoever and to avoid the prospect of arbitration,” he wrote. “Neither I nor my affiliated broker dealer contributed financially to the settlement.”

According to the Financial Industry Regulatory Authority, Azmi Sharif holds 26 years of securities industry experience. Based in Elhurst, Illinois, he has been a broker and an investment advisor with LPL Financial since 2018, doing business as The Other Side of Medicine. His past registrations include Woodbury Financial Services (Elmhurst, Illinois; 2007-2018), AXA Advisors (Hinsdale, Illinois; 2005-2007), and Mony Securities Corporation (New York, New York; 1995-2005). His credentials include the passage of four securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; 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 in Arizona, California, Colorado, Florida, Illinois, Iowa, Louisiana, North Carolina, Pennsylvania, South Carolina, and Texas. (Information current as of September 6, 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 Bransburg: Gradient Advisor Fired by AllState

    Conroe, Texas financial advisor Steve Bransburg (CRD# 1003470) was recently terminated by a former member firm in connection with alleged...

    Read More
  • Leonard Suskind: UBS Advisor Received $1.5mm Complaint

    A recent, denied investor complaint against Hallandale Beach, Florida financial advisor Leonard Suskind (CRD# 1140599) alleged that his conduct resulted...

    Read More
  • Fred Hilton: $500K Complaint Against LPL Advisor

    Gainesville, Florida financial advisor Fred Hilton (CRD# 2161935) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry...

    Read More
  • Walter Schram: Ameriprise Advisor Lands $300K Complaint

    A recent investor complaint against Farmington Hills, Michigan financial advisor Walter Schram (CRD# 1728096) alleges that his conduct resulted in...

    Read More
  • Previous
  • Next