Last Updated: January 2024 (Peoria, AZ)
Benjamin Belanger Investigation Summary
Here’s what you need to know about Peoria, AZ, stockbroker Ben Belanger:
- Name: Mr. Benjamin William Belanger
- Current Employer: Kestra Investment Services, Kestra Private Wealth Services (RIA)
- Previous Firms: Ameriprise Financial Services, First Allied Securities
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Ben Belanger
- Primary Location: Peoria, AZ
- CRD 5293459
- Can Ben Belanger be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $75,000
- Pending Customer Dispute Seeks Damages of $100,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Benjamin Belanger As Your Stockbroker?
In 2022 a customer of First Allied Securities was paid $75,000 to resolve allegations that Ben Belanger made and unsuitable recommendation to invest in a real estate investment trust (REIT).
Another First Allied customer has a pending FINRA arbitration alleging that Ben Belanger recommended an unsuitable REIT and seeks damages of $100,000.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
Allegations of Broker Misconduct Against Benjamin Belanger
Customers of Ben Belanger have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in REITs ARC Healthcare Trust II, now Healthcare Trust Inc., American Realty Capital Hospitality Trust, now Hospitality Investors Trust Inc.
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 Ben Belanger, 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.
