Last Updated: February 2025 (Goldsboro, NC)
John Collins Investigation Summary
Here’s what you need to know about Goldsboro, NC, stockbroker John Collins:
- Name: Mr. John Page Collins
- Current Employer: IFG Advisory, LLC & LPL Financial LLC
- CRD Number: 2293730
- DBA: Collins Wealth Management, Integrated Financial Group
- Function: Stockbroker / Registered Investment Advisor
- Prior Employers: Wachovia Securities, LLC, Wachovia Brokerage Service, JMC Financial Corporation
- Sanctioned by FINRA: No
- Pending Customer Dispute: Yes. Involves real estate security. No damage amount specified at this time
If you’ve sustained damages from Mr. Collins, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With John Collins As Your Stockbroker?
A complaint against John Collins, filed by a customer of LPL Financial, alleges that an investment made in 2014 was unsuitable for the customer’s investment objectives and risk tolerance. The investment in question was a Real Estate Investment Trust (REIT).
- Case Number: FINRA Docket #24-00611
- Amount in Dispute: Over $5,000 (Exact amount not determined)
- Filing Date: March 18, 2024
- Allegation: Unsuitability in investment recommendation
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. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against John Collins
A customer of John Collins has alleged the following wrongdoing in connection with the handling of their investment accounts:
- Unsuitable Investment Recommendations –Claims that Collins recommended a high-risk real estate investment that did not align with their risk tolerance, which is a potential violation of FINRA Rule 2111 (Suitability Rule).
The Financial Industry Regulatory Authority (FINRA) mandates that brokers adhere to a fiduciary duty when recommending investment products. Violations of FINRA Rule 2111(suitability) could be relevant in these allegations.
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by John Collins, 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.