Last Updated: January 2024
Revere Securities Investigation Summary
Here’s what you need to know about New York, NY-headquartered brokerage firm Revere Securities:
- Name: Revere Securities
- Related Registered Investment Advisor (RIA): Revere Wealth Mangement LLC
- Function: Stock Brokerage Firm/ Financial Advisory Firm
- Locations: New York City, Boca Raton, FL, Boston, MA, Middletown,OH.
- Also/Formerly Known As: ASR Division of Track Securities Corp., Revere Wealth Management, M-W Securities Corp., Briarcliff Capital Corp.
- CRD 14178
- Can Revere Securities be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulators: Yes
- Have any brokers at Revere Securities been sanctioned by regulators: Yes
- Have any customers made complaints against brokers at Revere Securities: Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Revere Securities
According to their Linkedin page , Revere Securities founded in 1983, is headquartered in New York City with offices in Boca Raton, Boston, and Middletown, Ohio. “The management and trading team has more than 100 years of combined investment experience. Our fundamental goal is to provide confidence to investors through the rigor of the Revere model, delivery of institutional quality management and act as a strategic and financial partner to individual investors, institutional investors and hedge funds.”
Revere Securities- Regulatory History
Revere discloses 13 regulatory matters on their FINRA CRD, including:
- 9/2021- SEC Cease and Desist/ $50,000 fine for Net Capital Violation
- 1/2019- FINRA Censure and $25,000 fine for failure to accurately report municipa securities transactions to the Real-time Transaction Reporting System (RTRS).
- 9/2017-FINRA Censure and $75,000 fine. Failure to develop and implement reasonable anti-money laundering (AML) program.
- 7/2019-Massachusetts Securities Regulator Censure, $25,000 administrative fine and $50,000 restitution ordered. Failure to supervise registered representative who was invested outside the scope of their risk tolerance, investment objectives, financial and investment experience and needs.
Should you have a claim for stockbroker malpractice, fraud or negligence for the mishandling of your account, the broker dealer where the stockbroker is registered is liable for those losses under theory that a principal is liable for the damages caused by his agents acting within the scope of their employment.
If your Revere Securities broker or financial advisor causes damages due to the mishandling of your account, Revere Securities can be held liable.
See “How to Research Your Broker-What is a CRD?” for instructions on how to access FINRA and SEC regulatory records and learn more about an individual broker or a broker-dealer firm.
Rex Securities Law Investigations of Registered Representatives Who Have Worked for Revere Securities
- Adam Cavise – New York, NY
- Felipe Arrieta – Boca Raton, FL
- Christopher Callagy – New York, NY
- Kevin Conley – New York, NY
- Martin Cummins – Boca Raton, FL
- Baris Dincer – New York, NY
- John Egan – Margate, FL
- Joey Giamichael – New York, NY
- Stephen Hamilton – New York, NY
- Robert Lindell – Bangor, Maine
- Joshua Lipman – New York, NY
- Michael Mancinelli – New York, NY
- Brett S. Murphy – Boca Raton, FL
- Robert Nathan – Boca Raton, FL
- Augie Niles – New York, NY
- Daniel Pikula – Wellington, FL
- Michael Polyakov – Boca Raton, FL
- Daniel Reilly – New York, NY
- Joseph Rozof – Westport, CT
- Joshua Shipley – New York, NY
- Kyle Wool – New York, NY
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
Recover Your Investment Losses With Revere Securities With Rex Securities Law
If you have suffered investment losses in an account handled by a broker or financial advisor who is currently employed by or previously worked for Revere Securities, contact us for a complimentary consultation with an experience 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.
