DID MICHAEL GEORGE BREARD CAUSE YOU INVESTMENT LOSSES?
Michael Breard Of Cetera Advisor Networks LLC And Formerly With LPL Financial LLC Has A Customer Complaint For Alleged Broker Misconduct
About Michael Breard of Cetera Advisor Networks LLC?
Michael Breard (CRD #4501865) , showcases a lengthy but concerning career in the financial services industry, shadowed by a customer dispute and a limited scope of licensure and qualifications. Since March 2022, Breard has been registered with Cetera Advisor Networks LLC and Cetera Investment Advisers LLC in Baton Rouge, LA. His qualifications include passing two general industry/product exams and the multi-state securities law exam. His career, spanning multiple firms including LPL Financial and Ameriprise Financial Services, illustrates a trajectory potentially fraught with employer or client dissatisfaction, indicated by at least one serious pending customer dispute.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Breard Customer Complaint and Reviews
- Customer Dispute (Pending)
- Date Complaint Received: February 8, 2024
- Allegations: The customer alleges that investments made in 2014 and 2015 were unsuitable given the customer’s investment objectives and risk tolerance, focusing on real estate securities.
- Alleged Damages: The damages are unspecified but are claimed to exceed $5,000, demonstrating the potentially significant financial impact of the alleged unsuitability.
- Current Status: The complaint is currently pending, with the arbitration process managed through FINRA under Docket/Case #: 24-00295.
Allegations Against Michael Breard
Michael Breard is accused of making unsuitable investment recommendations in real estate securities that did not align with the client’s financial goals or risk tolerance. This accusation, if proven true, points to a serious lapse in fulfilling his duty to ensure that his advice suits his clients’ needs, risking substantial financial detriment to the client involved.
Michael Breard Red Flags & Your Rights As An Investor
Of course, Michael Breard did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Michael Breard at Cetera Advisor Networks LLC and LPL Financial LLC on alert to review carefully the activity and performance of their accounts and question whether Michael Breard has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisor Networks LLC and LPL Financial LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Cetera Advisor Networks LLC Due To Michael Breard
If you have questions about Cetera Advisor Networks LLC, LPL Financial LLC and/or Michael Breard and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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