Tracy Longstreet: $1mm-$5mm Complaint Against Ex-UBS Advisor

Former Houston, Texas financial advisor Tracy Longstreet (CRD# 1768525) recently received an investor complaint alleging that her conduct resulted in seven-figure damages. Financial Industry Regulatory Authority records show that the former UBS Financial Services representative is not presently registered as a broker or an investment advisor.

Ms. Longstreet’s BrokerCheck report discloses one investor complaint. Filed in June 2024, it alleges that as a representative of UBS Financial Services, she stole funds from the customer’s accounts and improperly changed his IRA beneficiaries in order to personally benefit her “family and/or friends.” The pending complaint alleges damages between $1 million and $5 million.

UBS Financial Services’ website includes a section describing the firm’s history and values. “UBS is exclusively focused on delivering exceptional wealth management as we have always done for more than 160 years,” it explains. “UBS Financial Advisors are committed to providing advice that improves your life, your company and the lives of your employees. With our Advisors’ invaluable expertise and our firm’s expansive global resources, you can be confident they’ll deliver what you need when you need it.”

According to the Financial Industry Regulatory Authority, Tracy Longstreet holds 23 years of securities industry experience. Most recently based in Houston, Texas, she is not registered as a broker or an investment advisor. Her registration history includes UBS Financial Services (Houston, Texas; 2009-2024), Morgan Stanley & Company (Houston, Texas; 2007-2009), and Morgan Stanley DW (Houston, Texas; 2000-2007). Her credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. (Information current as of July 22, 2024.)

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.