Advisor Alert: Our Attorneys Are Investigating Chadwick Daniel Richards For Investment Fraud
Did You Lose Money Because of Chad Richards?
Filed: November 29, 2023
Chad Richards has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Chadwick Daniel Richards.
Who Is Chadwick Daniel Richards of LPL Financial LLC?
- Advisor Name: Chadwick Daniel Richards
- Aliases: Chad Richards
- CRD: 2620315
- Location: Hendersonville, Tennessee
- Current Employer: LPL Financial LLC
- Previous Firms: Waddell & Reed
- Number of Known Customer Complaints: 1
- Can Chadwick Richards Be Sued: Yes, in Private Arbitration
- Can Chadwick Richards’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $12,500
- Highest Settlement: Unknown
If you have suffered investment losses by Chadwick Richards, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a margin call liquidations lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Chad Richards For Broker Misconduct
As of this publication date, Chadwick Richards has been the subject of 1 customer dispute. Let’s review it below.
In April 2023, a complaint was filed against or in reference to Chadwick Richards by a customer of LPL Financial LLC alleging that she instructed her advisor to liquidate an inherited annuity; they never discussed exchanging her inherited annuity to defer taxes. The client says the advisor misled her and provided her with annuity exchange paperwork instead of liquidation paperwork, which she signed and purchased an unwanted variable annuity. Per the customer, he/she lost over $12,500 because of Mr. Richards’s actions.
How To File A Claim Against Chad Richards of LPL Financial LLC (previously with Waddell & Reed) To Get Your Money Back.
If you have questions about Chadwick Richards, LPL Financial LLC, Waddell & Reed, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.