Last Updated: October 2025 — Deerfield, IL
Here’s what you need to know about Deerfield, IL stockbroker Mark Alan Mappa:
- Name:Mark Alan Mappa
- Current Employer:Cetera Advisors LLC (General Securities Representative; registered since 12/10/2024) and Cetera Investment Advisers LLC (Investment Adviser Representative; registered since 12/12/2024). Primary branch listed at 400 Skokie Blvd, Suite 550 (Northbrook/Deerfield, IL).
- Prior Firms:Osaic Wealth, Inc. (2024); Woodbury Financial Services, Inc. (2016–2024); NFP Advisor Services, LLC (2003–2016); Veravest Investments/Investment Advisors (2002–2003); Financial Network Investment Corp. (2000–2002); Terra Securities Corp. (2000); Jefferson Pilot Securities Corp. (1998–2000); SunAmerica Securities, Inc. (1994–1997); Chubb Securities Corp. (1989–1994).
- Other Business Affiliations:Mappa Wealth Management (President; comprehensive financial planning; since 03/1989); Fixed insurance sales with various companies; RMM Investment Properties, LLC & RM Property Investments, LLC (owner; real estate); Author of Cash Flow Is King (book marketing/prospecting).
- CRD number:1874503.
- Stockbroker / Financial Advisor:Yes — currently registered with 1 SRO; licensed in numerous U.S. states/territories; passed SIE (10/01/2018), Series 7 (03/18/1989), Series 63 (01/10/1992), Series 65 (05/02/1994).
- Can Broker be Sued in FINRA:Yes
- Highest Award of Settlement:$375,000
If you’ve sustained damages from Mr. Mappa, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Mark A. Mappa As Your Stockbroker?
BrokerCheck shows three customer disputes tied to activities while Mr. Mappa was associated with Kestra Investment Services, LLC (NFP ) involving oil & gas/alternative investment private placements:
- FINRA Case No. 22-01935 —August 2022; claimant alleged Mappa failed to conduct proper due diligence and that a recommended oil & gas alternative investment was unsuitable given objectives and risk tolerance. Settlement: $50,000
- FINRA Case No. 22-02180 —September 2022; allegations included breach of fiduciary duty, unsuitable recommendations, and misrepresentation; firm supervision/training also at issue. Settlement: $375,000 .
- FINRA Case No. 22-02921 —December 2022; claimants alleged an unsuitable oil & gas private placement and inadequate due diligence. Settlement: $40,000
Allegations of Broker Misconduct Against Mark A. Mappa
- Unsuitability — recommending investments inconsistent with a customer’s risk tolerance and objectives may violate FINRA Rule 2111 (Suitability); private placements also require a reasonable-basis recommendation grounded in due diligence.
- Breach of fiduciary/best-interest obligations Best Interest (Exchange Act Rule 15l-1)
- Misrepresentation/Omission of Material Facts
- Failure to Supervise / Due Diligence Deficiencies — firms must maintain and enforce written supervisory procedures under FINRA Rule 3110.
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 Mark Alan Mappa, 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.