Last Updated: September 2025 — Newport Beach, CA
Here’s what you need to know about Newport Beach, CA, stockbroker Zach Taylor:
- Name: Zachary Ellis Taylor
- Alias: Zach Taylor
- Current Employer: Suspended by FINRA from acting as a broker; Investment Adviser Rep at Saxony Capital Management (since 06/2023)
- Prior Firms: Saxony Securities, Inc. (06/2023–10/2023); Oppenheimer & Co. Inc. (08/2020–06/2023); Merrill Lynch, Pierce, Fenner & Smith Inc. (06/2013–08/2020); Wells Fargo Advisors, LLC (08/2012–10/2012)
- Other Business Affiliations: 9Dot Wealth, Independent Insurance Agency at 4695 MacArthur Ct., Newport Beach, CA 92660 (started 04/2025)
- CRD number: 6074776
- Stockbroker / Financial Advisor: Yes (former FINRA-registered broker; currently IAR)
- Can Broker be Sued in FINRA: Yes
- Sanctioned by Securities Regulators: Yes – suspension
- Discloses Outstanding Liens: Yes
- Discharged by a Prior Employer: Yes
- Highest Award/Settlement: $250,000
If you’ve sustained damages from Mr. Taylor, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Zachary Taylor As Your Stockbroker?
- Regulatory matter: On August 25, 2025, FINRA filed Disciplinary Action No. 2022075083801. Taylor consented to findings that he willfully violated SEC Reg BI (Rule 15l-1(a)(1)) by recommending speculative short-put options strategies to at least three senior customers with balanced allocation objectives and moderate risk tolerances while at Oppenheimer & Co. The firm settled two customer arbitrations totaling $420,000 arising from the conduct. Sanction: nine-month suspension (09/02/2025–06/01/2026).
What is Option Trading? According to the U.S. Securities and Exchange Commission (SEC) “Options are contracts giving the purchaser the right to buy or sell a security, such as stocks, at a fixed price within a specific period of time.”
This right to purchase or right to sell at a set price for a set period of time allows investors to potentially profit not only from the rise in price, but also the decline. “Call” options grant the investor the right to buy a security at a set price for a set period of time. “Put” options give the investor the right to sell a security a set price for a set period of time.
- Customer disputes (settled):
- FINRA 22-02299 (filed 10/12/2022; settled 11/10/2023): alleged unauthorized trading/unsuitability incl. ROKU over-concentration and options; $250,000 monetary compensation.
- FINRA 23-02570 (filed 09/21/2023; settled 08/19/2024): alleged breach of fiduciary duty, fraud, misrepresentation, unauthorized trading; $85,000 settlement.
- FINRA 24-00011 (served 01/17/2024; settled 09/03/2024): alleged breach of fiduciary duty, negligence, unauthorized trading; $170,000 monetary compensation.
- Firm complaint (received 12/13/2023; settled 03/22/2024): mismanagement allegations; $50,000 settlement.
- Employment separation after allegations: Discharged by Oppenheimer on 05/30/2023 over inability to document trading authority.
- Financial disclosures: Chapter 7 bankruptcy filed 06/17/2024 (C.D. Cal.), discharged 09/30/2024. Judgment/Lien outstanding $9,653.90 (filed 02/07/2024) in Orange County Superior Court.
Other Cases Involving Unauthorized Trading
Allegations of Broker Misconduct Against Zachary Ellis Taylor
- Unsuitability — recommending strategies inconsistent with clients’ profiles (implicates FINRA Rule 2111suitability and SEC Reg BI best-interest obligation).
- Breach of Fiduciary Duty
- Fraud / Misrepresentation
- Unauthorized Trading — executing trades without proper authority violates FINRA Rule 3260(b) and firm procedures.
Investigations involving Over-Concentration
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Oppenheimer & Co. brokers
Investigations of other Saxony Securities Brokers
If you have suffered investment losses in an account handled by Zachary Ellis Taylor, 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.