Last Updated: January 2024 (St. Louis, MO)
Randy Larson Investigation Summary
Here’s what you need to know about St. Louis, MO, stockbroker Randy Larson:
- Name: Mr. Randall Scott Larson
- Current Employer: Great Point Capital, 25 Financial (RIA)
- Previous Firms: Arete Wealth Advisors, Arete Wealth Management (RIA), Larson Financial Securities, Larson Financial Group (RIA)
- Function: Stock Broker/ Financial Advisor/ Registered Financial Advisor
- Aliases: Randy Larson
- Primary Location: St. Louis, MO
- CRD 5862743
- Can Randy Larson be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Discharged by a prior broker-dealer: Yes
- Prior Customer Complaint Denied by Firm: Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Randy Larson As Your Stockbroker?
In 2019 a customer of Larson Financial Securities made a complaint that Randy Larson breached his fiduciary duties with regard to supervising the activities of Jeffrey Larson, another registered representative of Larson Financial Securities. The customer alleged damages of $10.5 million. Larson Financial Securities “denied” the claim and apparently the customer did not pursue the matter further. See below for our advice should a broker dealer deny a customer complaint.
In 10/2023 Arete Wealth Management discharged Randy Larson and made the following allegation on his FINRA record: “Firm determined that Registered Representative was not forthcoming during an internal investigation.”
Has Your Brokerage Firm “Denied” Your Claim for Damages Due to Stockbroker Malpractice?
It is quite common ( and predictable as well) for brokerage firms to deny a customer’s complaint made directly to the company. Firms know that in many, if not most, instances telling the customer “we don’t think it’s our fault” will be the end to the problem.
Firms seldom, if ever, offer adequate resolution when a customer deals directly with the the brokerage firm. In the unlikely event the firm does discuss actually agree to discuss settlement , the firm will generally attempt to have you settle your case for a fraction of what it is actually worth.
If you think there is a problem with the way your account has been handled, or if you have had your claim “denied”, talk to an experienced securities attorney to learn your rights and to learn what the true value of your claim may be.
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
If you have suffered investment losses in an account handled by Randy 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.
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.
