Last Updated: November 2023 (Prescott, AZ)
Christopher Wright Investigation Summary
Here’s what you need to know about Prescott, AZ, stockbroker Christopher Wright:
- Name: Mr. Christopher Warren Wright
- Current Employer: Center Street Securities, Wright Wealth Management Group (RIA)
- DBA: Wright Wealth Management
- Previous Firms: Multi-Financial Securities Corp.
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Chris Wright
- Primary Location: Prescott, AZ
- CRD 4134973
- Can Chris Wright be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $36,000
- Pending Customer Disputes Seek Damages of $635,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Christopher Wright As Your Stockbroker?
Chris Wright discloses two settlements with customers of Center Street Securities. One involves a customer who was solde alternative investments and was settled for $36,000. The other was also a Center Street Securities customer who alleged damages of $197,000 for an annuity sale. No settlement amount is provided on his FINRA record.
There are two FINRA arbitrations currently pending brought by customers of Center Street Securities. One case involves unsuitable alternative investments and the other involves GWG L Bonds. Total damages of $635,000 are alleged for the two cases.
Allegations of Broker Misconduct Against Christopher Wright
Customers of Chris Wright have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to purchase alternative investments
- Unsuitable Investment Recommendation to purchase GWG L-Bonds
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.
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 Chris Wright, 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.
