Last Updated: February 2024 (San Diego, CA)
Brett Hartvigson Investigation Summary
Here’s what you need to know about San Diego, CA, stockbroker Brett Hartvigson:
- Name: Mr. Brett Arthur Hartvigson
- Current Employer: FINRA has barred this individual from acting as a broker or otherwise associating with a broker-dealer firm.
- DBA: Phoenix Private Wealth Mangement
- Previous Firms: LPL Finanical, Thrivent Investment Management
- Function: Stock Broker/ Financial Advisor
- Aliases: Brett Hartvigson
- Primary Location: San Diego, CA
- CRD 2263087
- Can Brett Hartvigson be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes-Barred from industry.
- Highest Settlement or Award: $350,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Brett Hartvigson As Your Stockbroker?
FINRA permanently barred Brett Hartvigson in all capacities in 2/2024 to resolve allegations that he refused to produce information and documents requested by FINRA in connection with its investigation of the allegations made to FINRA in a complaint it received.
Hartvigson discloses settlement of four customer complaints on his CRD, including:
- In 2021 a customer of Independent Financial Group was paid $350,000 to resolve allegations that Brett Hartvigson overconcentrated the customer’s account with alternative investments (REITs and BDCs).
[LEARN MORE]: See this for more information on REITs and Other Alternative Investments
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 Brett Hartvigson
Customers of Brett Hartvigson have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in alternative investments
- Over-concentrated account
[LEARN MORE]: Investigations involving Over-Concentration
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
[LEARN MORE]: Our Investigations of other Independent Financial Group brokers
If you have suffered investment losses in an account handled by Brett Hartvigson, 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.
