Last Updated: March 2025 | Mahomet, IL
Thomas J. Ealy Investigation Summary
Here’s what you need to know about Mahomet, IL, stockbroker Thomas J. Ealy:
- Name: Mr. Thomas James Ealy
- Current Employer:
- Cetera Investment Advisers LLC Since 03/17/2023
- Cetera Advisor Networks LLC– Since 04/09/2019
- Prior Employers:
- IPI Wealth Management, Inc. (01/1998 – 02/2019)
- Investment Planners, Inc. (10/1995 – 01/2019)
- FSC Securities Corporation (12/1990 – 09/1995)
- Cozad Investment Services, Inc. (12/1981 – 12/1990)
- Function: Stockbroker / Financial Advisor
- Aliases: Thomas Ealy
- Primary Location: Mahomet, IL
- CRD #: 863042
- DBA: Carleton Financial, Inc., Lifewise Wealth Advisors
- Can Thomas Ealy be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Prior Customer Disputes: 9
- Total Settlements Paid on Prior Customer Disputes: Over $850,000
If you’ve sustained damages from Mr. Ealy, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Thomas Ealy As Your Stockbroker?
Thomas Ealy has been the subject of multiple customer disputes and arbitration claims, primarily involving misrepresentation, unsuitable investment recommendations, and failure to disclose investment risks, including the following:
- Settlement Amount: $11,500
- Filing Date: November 1, 2024
- Case Number: FINRA Arbitration (Settled)
- Allegations:
- Misrepresentation of investment purpose and risk tolerance
- Liquidity issues with oil & gas investments
- Investment Products Involved:
- Oil & Gas Securities
- Settlement Amount: $14,000
- Filing Date: October 2, 2015
- Case Number: Civil Litigation – Kankakee County Circuit Court (15L106)
- Allegations:
- Failure to calculate the accuracy of life insurance premiums leading to policy lapse
- Investment Products Involved:
- Life Insurance Policy
- Settlement Amount: $275,000
- Filing Date: October 17, 2014
- Case Number: Civil Litigation – Illinois 21st Judicial Circuit Court (14L93)
- Allegations:
- Failure to maintain life insurance funding for a children’s trust
- Investment Products Involved:
- Life Insurance Policy
- Settlement Amount: $450,000
Allegations of Broker Misconduct Against Thomas Ealy
Customers and regulators have alleged the following misconduct by Thomas Ealy:
- Misrepresentation of Investment Risks – Multiple cases allege that Ealy misrepresented the risks associated with oil & gas securities.
- Failure to Disclose Liquidity Risks – violating FINRA Rule 2111 (Suitability Rule).
- Failure to Maintain Insurance Policies
- Breach of Fiduciary Duty
These allegations relate to FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade), which requires brokers to conduct business with high ethical standards.
Recover Your Investment Losses Now With Rex Securities Law
Investigation of Cetera Financial Brokers-Lawsuits, Arbitrations & Disputes
If you have suffered investment losses in an account handled by Thomas Ealy, contact us for a complimentary consultation with an experienced 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.