Last Updated: November 2025 — Lincoln & Roseville, CA
Here’s what you need to know about Lincoln, California stockbroker Rikki JR Foster:
- Name:Rikki Foster
- Alias: Rikki JR Foster II
- Current Employer:
- Concorde Investment Services, LLC (CRD #151604) – Registered Representative
- Concorde Asset Management, LLC – Investment Adviser Representative
- Prior Firms:Bangerter Financial Services; Berthel Fisher & Co.; Hornor, Townsend & Kent; Questar Capital; Waddell & Reed
- Other Business Affiliations:
- Concorde Insurance Agency – Insurance agent
- Foster Tax Prep & Strategies – Roseville, CA
- Regal Stone Wealth Management – Founder & President- Roseville, CA
- Rest Recovery Wellness – Wellness business- Roseville, CA
- Foster Wealth Strategies LLC – Accounting/management- DBA-Lincoln, CA
- CRD number:6075051
- Stockbroker / Financial Advisor:Yes
- Can Broker be Sued in FINRA:Yes
- Current Customer Dispute Seeks Total Damages of:$700,000
If you’ve sustained damages from Mr. Foster, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Rikki JR Foster as Your Stockbroker?
A FINRA arbitration filed by a customer of Concorde Investment Services in September 2025 (Case No. 25-01952) alleges significant sales practice violations by Rikki J. Foster involving Direct Participation Programs (DPPs) and Limited Partnership (LP) investments. The customer is seeking damages of $700,000 in this currently pending matter.
These types of claims commonly involve violations of FINRA Rule 2111 (Suitability) and Regulation Best Interest (Reg BI), which require brokers to recommend only products that align with a customer’s financial profile, risk tolerance, and objectives.
Allegations of Broker Misconduct Against Rikki JR Foster
- Unsuitability— recommending high-risk alternative investments inconsistent with client objectives (FINRA Rule 2111)
- Breach of Fiduciary Duty— failure to act in the customer’s best interests
- Misrepresentation / Omission of Risks— inadequate disclosure of risks associated with DPPs/LPs (Reg BI disclosure obligations)
- Breach of Contract— failure to follow terms of written advisory or brokerage agreements
More on REITs and Other 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 Rikki JR Foster, 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.