DID RANDALL SCOTT LARSON CAUSE YOU INVESTMENT LOSSES?
Randall Larson Of Great Point Financial Capital LLC And Formerly With Arete Wealth Management, LLC Has 2 Customer Complaints For Alleged Broker Misconduct
About Randall Larson of Great Point Financial Capital LLC?
Randall Larson (CRD #5862743) showcases a career marred by customer disputes and a termination, casting doubts on his professional conduct. Larson is currently registered with 25 Financial and Great Point Capital LLC in St. Louis, MO, having shifted firms several times, indicating potential instability in his career. His credentials include passing 2 general industry/product exams and 1 multi-state securities law exam, but he has not completed any principal/supervisory exams. Larson’s ability to maintain steady affiliations and clear his professional name appears compromised, overshadowed by the negative events that have emerged over his career.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Randall Larson Customer Complaints and Reviews
- Customer Dispute (Closed)
- Allegations: Alleged breach of fiduciary duties and failure to prevent wrongful actions by another advisor, linked to his roles at Larson Financial Securities.
- Date Complaint Received: January 22, 2019
- Outcome: Complaint was denied, with no action taken against Larson, as per the firm’s and his own statements claiming no supervisory or direct involvement.
- Customer Dispute (Pending)
- Allegations: Accusations of making an unsuitable investment recommendation in 2019, concerning alternative investments.
- Date Complaint Received: April 4, 2024
- Current Status: The case is still pending with potential demands including compensatory and punitive damages.
Allegations Against Randall Larson
- Breach of Fiduciary Duty: Larson was accused of failing to oversee and prevent unethical practices by another advisor within his firm, raising serious concerns.
- Unsuitable Investment Recommendations: He is currently under scrutiny for advising a client into investments that allegedly did not suit their financial profile, risking client assets.
- Lack of Transparency and Misconduct in Internal Investigations: His termination from Arete Wealth Management LLC was due to reportedly being unforthcoming during an internal investigation, which might reflect poorly on his integrity and professional transparency.
These allegations and the resulting actions contribute to a troubling view of Larson’s career.
Randall Larson Red Flags & Your Rights As An Investor
Of course, Randall Larson 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 Randall Larson at Great Point Financial Capital LLC and Arete Wealth Management, LLC on alert to review carefully the activity and performance of their accounts and question whether Randall Larson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Great Point Financial Capital LLC and Arete Wealth Management, 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 Great Point Financial Capital LLC Due To Randall Larson
If you have questions about Great Point Financial Capital LLC, Arete Wealth Management, LLC and/or Randall Larson 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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