Last Updated: March 2025 | New Rochelle, NY
Ivanhoe V. Ffriend Investigation Summary
Here’s what you need to know about New Rochelle, NY, stockbroker Ivanhoe V. Friend:
- Name: Mr. Ivanhoe Vincent Ffriend
- Current Employer:
- Cetera Investment Advisers LLC – Since 06/29/2023
- Cetera Advisor Networks LLC– Since 02/01/2019
- Prior Employers:
- North Ridge Securities Corp. (05/2008 – 02/2019)
- RNR Securities, L.L.C. (07/1998 – 07/2008)
- J.P. Turner & Company, L.L.C. (01/2003 – 04/2006)
- Investacorp, Inc. (08/1990 – 10/1997)
- Nathan & Lewis Securities, Inc. (09/1985 – 08/1990)
- Function: Stockbroker / Financial Advisor
- Aliases: Ivanhoe Ffriend, Ivan Ffriend, Ivan Friend
- Primary Location: New Rochelle, NY
- CRD #: 1013083
- DBA: Ffriend Enterprises, Ltd. , North Ridge Wealth Planning
- Can Ivanhoe Ffriend be sued in FINRA arbitration? Yes
- Sanctioned by Securities Regulator? Yes, twice
- Discharged by a Prior Employer: Yes
- Highest Award or Settlement: $57,500
If you’ve sustained damages from Mr. Ffriend, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Ivan Friend As Your Stockbroker?
Ivan Friend has been the subject of multiple regulatory actions and customer disputes involving allegations of unauthorized trading, misrepresentation, and unethical business practices.
FINRA Sanctions
- Filing Date: October 14, 2024
- Case Number: 2021072533901
- Alleged Misconduct:
- Mismarking over 500 order tickets as unsolicited when they were actually recommended (solicited) trades
- Exercising discretion in customer accounts without written authorization
- Sanctions Ordered:
- Three-month suspension from the securities industry (November 4, 2024 – February 3, 2025)
- $7,500 fine
- FINRA Rule Violations:
- FINRA Rule 4511 (Books and Records) – Brokers must maintain accurate records.
- FINRA Rule 3260 (Discretionary Accounts) – Prohibits brokers from exercising discretion without prior written authorization.
Customer Dispute
- Filing Date: June 27, 2003
- Allegations:
- Settlement Amount: $47,500
Other Cases Involving Unauthorized Trading
Customer Dispute
- Filing Date: July 31, 1997
Allegations:
-
- Misrepresentation of investment products
- Persuading a client to loan $56,000 to a third party
- Settlement Amount: $57,000
Employment Discharge Due to Allegations of Misconduct
- Firm: Investacorp, Inc.
- Allegations:
- Broker allegedly requested or obtained $17,333 from a client with a promise to repay her with 12% interest annually
See FINRA Rule 3240 Borrowing From or Lending to Customers
Allegations of Broker Misconduct Against Ivanhoe Ffriend
Customers and regulators have alleged the following misconduct by Ivanhoe Ffriend:
- Unauthorized Trading
- Mismarking Trades
- Misrepresentation of Investment Products
- Soliciting Private Loans from Clients
Recover Your Investment Losses Now With Rex Securities Law
Investigation of Cetera Financial Brokers-Lawsuits, Arbitrations & Disputes
If you have suffered investment losses in an account handled by Ivan Friend, 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.