Last Updated: September 2023 (San Antonio, Texas)
Brooklyn Chandler Willy Investigation Summary
Here’s what you need to know about San Antonio, TX, registered investment advisor Brooklyn Chandler Willy:
- Name: Ms. Brooklyn Chandler Willy
- Current Employer: Texas Financial Advisory & Queen B Advisors LLC
- Previous Firms: TCFG Investment Advisors, Global Financial Private Capital, J.W. Cole Advisors
- Function: Registered Investment Advisor (RIA)
- Aliases: Brooklyn Chandler
- Primary Location: San Antonio, Texas
- CRD 5724422
- Sanctioned by Texas State Securities Board: Yes
- Discharged by a prior employer: Yes
- Pending Customer Dispute Seeks Damages of $300,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Brooklyn Chandler Willy As Your Stockbroker?
Brooklyn Chandler Willy is CEO of Texas Estate Advisory LLC, Texas Insurance Advisory LLC and Texas Tax Advisory LLC, as well as managing member of Queen B Advisors LLC.
In 10/2020 the Texas State Securities Board (TSSB) sanctioned Brooklyn Willy by suspending her as an investment advisor for a year (10/2020-10/2021) and her agreement to refund $2,750,000 in commissions she wrongfully collected for the sale of alternative investments.
In the TSSB disciplinary order the Texas regulator found that Willy recommended individuals invest a significant portion of their liquid net worth in alternative investments without a reasonable basis for doing so which constitutes an inequitable practice in rendering services as an investment adviser.
Willy also agreed that she will not have any discretionary trading authority over any client accounts for a period of five years from the date of the order, 10/16/2020.
In 5/2021 a customer of Global Financia Private Capital filed a claim with the American Arbitration Association seeking damages of $300,000, alleging that Brooklyn Chandler Willy breached her fiduciary duty. This matter is currently pending.
J.W. Cole Advisors discharged Willy in 10/2019 for violation of firm policies regarding participation in unapproved private securities transactions.
Allegations of Broker Misconduct Against Brooklyn Chandler Willy
A customer of Brooklyn Chandler Willy has alleged the following wrongdoing in connection with the handling of customer accounts:
- Breach of Fiduciary Duty
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Brooklyn Chandler Willy, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.