Close Menu
Free Consultation: 888-976-6111

Wally Less: $254K Complaint Against SouthState Advisor

A recent investor complaint against Savannah, Georgia financial advisor Wally Less (CRD# 5191948) alleges that he approved unauthorized transactions. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with LPL Financial, doing business as SouthState Investment Services.

Mr. Less’s BrokerCheck report discloses one investor complaint. Filed in May 2024, it alleges that as a representative of LPL Financial, he approved transactions that were not authorized by the account’s power-of-attorney. The pending complaint alleges damages of $254,048.

SouthState Investment Services’s website includes a profile of Mr. Less that describes his background and credentials. “Wally Less has extensive experience helping both individuals and business owners pursue their financial goals including retirement, insurance, college savings and investment needs,” it explains. “At SouthState Investment Services, he helps clients in the Savannah area create comprehensive financial plans for the future.”

According to the Financial Industry Regulatory Authority, Wally Less holds 17 years of securities industry experience. Based in Richmond Hill, Georgia, he has been registered as a broker and an investment advisor with LPL Financial since 2018, doing business as SouthState Investment Services. His past registrations include Wells Fargo Clearing Services (Myrtle Beach, South Carolina; 2017-2018), LPL Financial (Myrtle Beach, South Carolina; 2014-2017), First Southeast Investor Services (Conway, South Carolina; 2009-2014); and Edward Jones (Cheraw, South Carolina; 2006-2009). His 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 Combined State Law Examination, or Series 66. He is licensed in Arkansas, Connecticut, Florida, Georgia, Illinois, Michigan, New Mexico, New York, North Carolina, Ohio, South Carolina, Texas, Vermont, and Virginia. (Information current as of June 16, 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.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Hugo Hernandez: MassMutual Advisor Faces Misappropriation Complaint

    El Paso, Texas financial advisor Hugo Hernandez (CRD# 6446187) allegedly misappropriated customer funds, according to a recent investor complaint. Financial...

    Read More
  • Robert De Vita: Ausdal Advisor Lands GWG L-Bond Complaint

    Downers Grove, Illinois financial advisor Robert De Vita (CRD# 1865964) recently received an investor complaint alleging that he violated securities...

    Read More
  • Joseph Storzinger: $400K Complaint Against IBN Advisor

    Liverpool, New York financial advisor Joseph Storzinger (CRD# 2554671) recently received an investor complaint alleging that his conduct resulted in...

    Read More
  • Larry Ware: Envision Advisor Faces Structured Product Complaint

    Recent investor complaints against Graham, North Carolina financial advisor Larry Ware (CRD# 3053841) allege that he recommended unsuitable investments. Financial...

    Read More
  • Previous
  • Next