Peiffer Wolf Carr & Kane is currently investigating claims against Frank Briseno III, a registered broker with Nettworth Financial and FSC Securities Corporation in Metairie, LA. In addition to Frank Briseno III, Nettworth Financial also employs the following registered brokers: Frank Briseno IV and Craig Accardo.
According to our research and analysis of Briseno’s clients, we have found that Frank Briseno and Nettworth Financial have been placing retirement-age investors in untraded REITs like ARC REITs, AFIN REITs, AR Global REITs, and COLE III REITs. Moreover, we have seen that Frank Briseno and Nettworth Financial have been placing investors in Variable Annuities. If your investment portfolio consists of REITs, Variable Annuities, or Life Insurance Products, Contact Us Today.
According to FINRA’s BrokerCheck website for Public Disclosures, Frank Briseno III has been the subject of 3 disclosures. Since commencing our investigation, the 2 Civil Judgments/Liens have been cleared up and removed from his report.
2017: Judgment/Lien – Civil Judgment/Lien of $47,373.29
2017: Judgment/Lien – Civil Judgment/Lien of $41,371.85
To review Frank Briseno’s Brokercheck report, click here: https://brokercheck.finra.org/individual/summary/1177246
Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
Before starting at FSC Securities Corporation, Frank Briseno III has worked at multiple firms over the years for very short periods of time: Dean Witter Reynolds, PW Securities, Intersecurities, Dean Witter Reynolds (again), and Intersecurities (again). FINRA maintains a database of investor complaints and disciplinary and employment history for registered representatives and publishes some of this information on its BrokerCheck website, www.brokercheck.finra.org.
Based on our experience, we believe that there are more investors who have been the victim of Briseno’s alleged broker misconduct and investment fraud. If you’ve worked with or invested with Frank Briseno or Nettworth Financial, you should contact Peiffer Wolf Carr & Kane immediately for a FREE Consultation.
Peiffer Wolf Carr & Kane is currently investigating Frank Briseno’s and Nettworth Financial’s practices, as well as the products they recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation. 504-523-2434
If you believe you were a victim of predatory lending, investment fraud, or broker misconduct, it is imperative to take action. Peiffer Wolf Carr & Kane has represented thousands of victims, and we remain committed to fighting on behalf of investors. We focus on identifying parties that are not only liable but have the financial ability to compensate victimized investors. Our goal is to put money back into our clients’ pockets.