Advisor Alert: Our Attorneys Are Investigating Daniel Richard Garvin For Investment Fraud
Did You Lose Money Because of Daniel Garvin?
Filed: March 12, 2024
Daniel Garvin has been the subject of two (2) customer complaints. 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 Daniel Richard Garvin.
Who Is Daniel Richard Garvin of Triumph Wealth Advisors, Inc. and World Equity Group, Inc.?
- Advisor Name: Daniel Richard Garvin
- Aliases: Daniel Garvin
- CRD: 1481768
- Location: Wauseon, Ohio and Schaumburg, Illinois
- Current Employer: Triumph Wealth Advisors, Inc. and World Equity Group, Inc.
- Previous Firms: Taylor Capital Management Inc. and Brokers Financial
- Number of Known Customer Complaints: 2
- Can Daniel Garvin Be Sued: Yes, in Private Arbitration
- Can Daniel Garvin’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $50,000
- Highest Settlement: $40,000
If you have suffered investment losses by Daniel Garvin, 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 Daniel Garvin For Broker Misconduct
As of this publication date, Daniel Garvin has been the subject of 2 customer disputes. Let’s review them below.
In November 2023, a FINRA arbitration was filed against or in reference to Daniel Garvin by multiple customers of Brokers International Financial Services, LLC alleging that the alternative investments recommended to claimants were unsuitable for them in light of their age, need for liquidity, and risk tolerance. It also claims that the investments were misrepresented to the claimants causing them significant damages. On February 15, 2024, Mr. Garvin settled the claim for $35,000, and some or all of this amount may have been paid by Mr. Garvin’s employer and/or insurance carrier.
In December 2011, a FINRA arbitration was filed against or in reference to Daniel Garvin by multiple customers of Next Financial Group, Inc. alleging that Mr. Garvin made unsuitable investment recommendations and overly concentrated the customers’ accounts in illiquid, non-publicly traded REITs and direct investments. Per the customers, they lost over $50,000 because of Mr. Garvin’s actions. An arbitration panel found that Daniel Garvin was negligent and awarded $40,000 in favor of the customers.
How To File A Claim Against Daniel Garvin of Triumph Wealth Advisors, Inc. and World Equity Group, Inc. (previously with Taylor Capital Management Inc. and Brokers Financial) To Get Your Money Back
If you have questions about Daniel Garvin, Triumph Wealth Advisors, Inc., World Equity Group, Inc., Taylor Capital Management Inc., Brokers Financial, 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.