Garden City, New York financial advisor (CRD# 5225102) has received multiple investor complaints alleging that his investment recommendations led to...Read More
Travis Wolfe: $300K GWG Complaint Against Chicago Ausdal Advisor
Downers Grove, Illinois financial advisor Travis Wolfe (CRD# 5851265) recently received an investor complaint alleging six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Ausdal Financial Partners. He is also registered with the firm’s offices in Chicago, Illinois.
Mr. Wolfe’s BrokerCheck report discloses one investor complaint. Filed in July 2022, it alleges that as a representative of Ausdal Financial Partners, he recommended unsuitable investments in GWG L bonds, misrepresented the product, and failed to conduct due diligence on the product’s sponsor. (More information regarding GWG Holdings, which reportedly raised $1.6 billion from investors in its L bonds products, then filed for Chapter 11 bankruptcy while under SEC scrutiny, is available via this resource.) The pending complaint alleges damages of $300,000.
According to the Financial Industry Regulatory Authority, Travis Wolfe holds 11 years of securities industry experience. Based in Downers Grove and Chicago, Illinois, he has been a broker and an investment advisor with Ausdal Financial Partners since 2016. His past registrations include Purshe Kaplan Sterling Investments (Chicago, Illinois; 2014-2015) and Voya Financial Advisors (Chicago, Illinois). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Corporate Securities Limited Representative Examination, or Series 62; 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 Illinois, Indiana, New Jersey, and New York. (Information current as of September 6, 2022.)
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