Last Updated: April 2025, Dix Hills, NY
Here’s what you need to know about Dix Hills, NY stockbroker Howard Jeffrey Douglas:
- Name: Mr. Howard Jeffrey Douglas
- Current Employer: Osaic Wealth, Inc. (CRD# 23131)
- Prior Employers: American Portfolios Financial Services, Inc.; Equitable Advisors, LLC; MONY Securities Corporation
- Function: Stockbroker / Financial Advisor
- Primary Location: Dix Hills, NY
- CRD Number: 1043662
- Can Howard Douglas be sued in FINRA arbitration? Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $13,000
- Employment Separation After Allegations: Yes
If you’ve sustained damages from Mr. Douglas, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Howard Douglas as Your Stockbroker?
Howard Douglas, currently registered with Osaic Wealth, previously worked for Equitable Advisors, LLC, where a customer dispute resulted in a $13,000 settlement in December 2024. The complaint alleged unsuitability and inadequate risk disclosure regarding a REIT purchased in 2014.
See this for more information on REITs and Other Alternative Investments
In a separate complaint filed in September 2023, a customer of Equitable Advisors alleged the unsuitability of a variable annuity purchased in 2011 and inaccuracies on the annuity application. This claim was denied by the firm and apparently the customer did not file a FINRA arbitration or otherwise pursue the matter.
In 11/2021 Douglas was “Permitted to Resign” from Equitable Advisors who concluded that Douglas conducted trades in an advisory account after the client was deceased.
Allegations of Broker Misconduct Against Howard Douglas
Customers have made the following allegations regarding Mr. Douglas’s handling of client accounts:
- Unsuitable investment recommendations
- Inadequate disclosure
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Osaic Wealth brokers
Our Investigations of other Brokers who worked for Equitable Advisors
If you have suffered investment losses in an account handled by Howard Jeffrey Douglas, 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.