Last Updated: March 2026 — West Palm Beach, FL
Here’s what you need to know about West Palm Beach, FL stockbroker Jon Paul Cirelli:
- Name: Jon Paul Cirelli
- CRD Number: 4729737
- Current Employer: Alexander Capital, L.P.; Alexander Capital Wealth Management LLC
- Prior Firms:
- Great Point Capital LLC (2023–2025)
- Great Point Advisors, LLC (2025)
- Coastal Equities, Inc. (2022–2023)
- Coastal Investment Advisors (2022–2023)
- Concorde Investment Services, LLC (2015–2022)
- Concorde Asset Management, LLC (2019–2022)
- J.P. Turner & Company, L.L.C. (2010–2015)
- GunnAllen Financial, Inc. (2003–2010)
- Other Business Affiliations: JP Cirelli, Inc.; Elite Access Opportunities; Parsiani Real Estate; Pivot Professional Partners; Coastal Way Financial Group
- Stockbroker / Financial Advisor: Yes — FINRA General Securities Representative; Investment Adviser Representative
- Can Broker be Sued in FINRA: Yes
- Highest Award or Settlement: $725,000
- Current Customer Disputes Seek Total Damages of: At least $100,000 in one pending matter; additional pending matters with unspecified damages
If you’ve sustained damages from Mr. Cirelli, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Jon Paul Cirelli As Your Stockbroker?
Jon Paul Cirelli has been the subject of eight customer disputes, involving private placements and direct participation program (DPP) investments. Two disputes are currently pending.
- A FINRA arbitration alleged negligence, breach of fiduciary duty, and unsuitable recommendations related to recommendations to invest in direct investments and limited partnership interests between July 2015 and April 2017 while at Concorde Investment Services. The case was settled for $725,000 in 2022.
- $35,000 settlement (2022): Allegations of negligence, breach of fiduciary duty, breach of contract, and violations of the Michigan Uniform Securities Act relating to limited partnership investments made in 2016.
- $12,500 settlement (2020): Allegations of misrepresentation involving a private placement investment made in August 2016. Mr. Cirelli personally contributed $8,250.
Reg D Private Placement – Realta Equities
A customer of Realta Equities alleges breach of fiduciary duty and unsuitability in connection with a Regulation D private placement recommendation made by Cirelli. Damages are not yet specified. The arbitration is pending (FINRA Case No. 25-02714).
A customer of Concorde Investment Services filed an arbitration alleging that Cirelli and the firm failed to conduct reasonable due diligence, breached their fiduciary duty, failed to disclose material facts, failed to supervise, and unsuitability relating to a 2016 direct investment. Damages of $100,000 are sought in this pending matter.
Allegations of Broker Misconduct Against Jon Paul Cirelli
- Unsuitable Recommendations — Allegations involving private placements and DPP investments may implicate FINRA Rule 2111 (Suitability) and SEC Regulation Best Interest for retail customers.
- Breach of Fiduciary Duty
- Failure to Conduct Reasonable Due Diligence
- Failure to Supervise — Allegations that supervisory systems were inadequate under FINRA Rule 3110.
- Misrepresentation / Omission of Material Facts — Alleged failure to disclose risks associated with illiquid alternative investments.
Recover Your Investment Losses Now With Rex Securities Law
See this for information on our other investigations of Concorde Investment Services brokers
If you have suffered investment losses in an account handled by Jon Paul Cirelli, 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 On Behalf of 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.