Last Updated: November 2023 (Sacramento, CA)
Terry Wheeler Investigation Summary
Here’s what you need to know about Sacramento, CA, stockbroker Terry Wheeler:
- Name: Mr. Terry Dean Wheeler
- Current Employer: Not currently registered with FINRA
- DBA: WE Alliance Wealth Advisors, Wealth Alliance Insurance Solutions
- Previous Firms: Arque Capital Ltd. , Dewaay Financial Network
- Function: Stock Broker/ Financial Advisor
- Aliases: Terry Wheeler
- Primary Location: Sacramento, CA
- CRD 2163092
- Can Terry Wheeler be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $24,107
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Terry Wheeler As Your Stockbroker?
In 4/2023 a customer of Arque Capital was paid $24,107 to settle a FINRA arbitration alleging that Terry Wheeler violated various state and federal securities laws and other causes of action in connection with a recommendation to invest in alternative investments and real estate securities.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against Terry Wheeler
Customers of Terry Wheeler have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Violation of various state and federal securities laws
- Unjust Enrichment
- Breach of Contract
- Breach of Fiduciary Duty
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
See this for information on other investigations of Arque Capital brokers
If you have suffered investment losses in an account handled by Terry Wheeler, 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.
