Timothy Yee: Green Retirement Advisor Faces $126K Complaint

Alameda, California financial advisor Timothy Yee (CRD# 2492578) allegedly recommended an unsuitable investment, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Independent Financial Group, doing business as Green Retirement.

Mr. Yee’s BrokerCheck report discloses one investor complaint. Filed in May 2025, it alleges that as a representative of Independent Financial Group, he recommended an unsuitable investment in a non-traded real estate investment trust. The pending complaint alleges damages of $126,000.

In a statement included with the complaint’s disclosure, Mr. Yee defended himself against the allegations. “Initial review does not find information to support the allegations,” he wrote. “A product’s failure to perform as intended does not support a claim that such product was not suitable or that risks were not accurately or adequately disclosed. The Firm intends to defend this action as without merit and for failure to state a claim on which relief can be granted.”

A second disclosure on his BrokerCheck report concerns a FINRA sanction against him. Filed in 2016, it alleged that he participated in private securities transactions without providing prior written notice to his member firm or receiving its approval. He also solicited firm customers “to invest in a company without providing written notice to or receiving approval from his firm to solicit investors for the company,” according to the allegations. He was issued a 15-day suspension and a fine of $7,500.

Green Retirement’s website includes a page that describes the firm’s services. “Green Retirement helps you use your 401k to protect People and Planet,” it explains. “We do this by showing how investments can be aligned with your values so that assets in your retirement plan are working in conjunction with your mission. We help you look under the hood to find out what holdings the mutual funds in your 401k lineup have.”

According to the Financial Industry Regulatory Authority, Timothy Yee holds 28 years of securities industry experience. Based in Alameda, California, he has been registered as a broker and an investment advisor with Independent Financial Group since 2015, doing business as Green Retirement. His past registrations include LPL Financial, SII Investments, AIG Financial Advisors, SunAmerica Securities, T. Rowe Price Investments, and Wells Fargo Securities. His credentials include the passage of ten securities industry qualifying exams: the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor Exam – Options Module & General Module, or Series 8; the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; the General Securities Principal Examination, or Series 24; the Uniform Combined State Law Examination, or Series 66; the Uniform Investment Adviser Law Examination, or Series 65; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 25 state licenses. (Information current as of June 8, 2025.)

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