Last Updated: August 2025 (St. Louis, MO)
Jeffrey Larson Investigation Summary
Here’s what you need to know about St. Louis, MO, stockbroker Jeffrey Larson:
- Name: Mr. Jeffrey Scott Larson
- Current Employer: Not currently registered with FINRA.
- DBA: Jeffrey Larson LLC
- Previous Firms: Arete Wealth Management, Larson Financial Securities, Financial Network Investment Corp.
- Function: Stock Broker/ Financial Advisor
- Aliases: Jeffrey Larson
- Primary Location: St. Louis, MO
- CRD 4836889
- Can Jeffrey Larson be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulators: Pending SEC investigation and civil action.
- Discharged by a prior employer: Yes
- Highest Award or Settlement: $815,000
- Multiple Pending Customer Disputes Seek Damages in excess of $1 million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Jeffrey Larson As Your Stockbroker?
Investigations of Arete Wealth Management and Arete Wealth Brokers
In 2021 a customer of Arete Wealth Management filed a FINRA arbitration alleging that Jeffrey Larson made unsuitable recommendations to invest in alternative investments. In 3/2024 the customer was paid $815,000 to resolve the matter.
In 11/2024 another customer of Arete was paid $65,000 to settle a similar case involving alternative investments.
In 2025 two other cases were filed by customers alleging recommendations by Larson to invest in unsuitable alternative investments. Damages of $800,000 and $226,000 are sought in these pending matters.
SEC Investigation RE: Zona Energy
The United States Securities and Exchange Commission (SEC) has filed a civil suit and commenced an investigation of Larson seeking to bar him from the securities industry. Allegations include:
- Larson, along co-defendants Arete Wealth, Joey Dale Miller, Randall Scott Larson, Bob Chung solicited dozens of customers to purchase stock in Zona Energy without receiving approval from Arete
- Larson and codefendants solicited liability waivers, which they knew contained material misrepresentations and omissions from advisory clients to whom they owed a fiduciary duty
- To conceal his conduct Larson directed clients not to use his Arete email account
- Larson and the co-defendants received an anonymous email alleging that the control person of Zona Energy was known by another name and a convicted felon who had served several years in prison for conspiracy to commit securities fraud.
In 10/2023 Jeffrey Larson was discharged by Arete Wealth Management who allege that he was not forthcoming during an internal investigation.
See this for more information on REITs and Other Alternative Investments
Allegations of Broker Misconduct Against Jeffrey Larson
Customers of Jeffrey Larson has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations to invest in Alternative Investments
- Breach of Fiduciary Duty
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall into 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. For more investigations involving Alternative Investments, see this.
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
Investigations of Arete Wealth Management and Arete Wealth Brokers-Lawsuits, Arbitrations & Disputes
If you have suffered investment losses in an account handled by Jeffrey Larson, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
Firms We Have Pursued for our Clients
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.