Erez Law is currently investigating former Voya Financial Advisors, Inc. broker Nathan Wells (CRD# 5553359), who is accused of real estate securities investment losses. He has been registered with Cetera Advisor Networks LLC in Morrison, Illinois, since 2021. Previously, he was registered with Cetera Advisor Networks LLC in El Segundo, California, from 2021 to 2023, and with Voya Financial Advisors, Inc. in Morrison, Illinois, from 2012 to 2021.
Nathan Wells Customer Complaints
He has been the subject of two customer complaints in 2023, according to his CRD report:
July 2023. “Claimant alleges that Representative failed to disclose the risks, illiquidity, and high commissions associated with Representative’s recommendation of two non-traded investment vehicles. Claimant further alleges that the recommended products were not in Claimant’s best interest.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was related to real estate securities, and it took place while he was registered with Voya Financial Advisors, Inc.
May 2023. “Claimants allege that, in April of 2014, Representative failed to advise the Claimants of the risks and illiquid nature of two investment products. Claimants further allege the recommended investments were unsuitable.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was related to oil and gas investments and real estate securities, and it took place while he was registered with Voya Financial Advisors, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Voya Financial Advisors, Inc. may be liable for investment or other losses suffered by Nathan Wells’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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