Advisor Alert: Our Attorneys Are Investigating David Alexander Narish For Investment Fraud
Did You Lose Money Because of David Narish?
Filed: March 20, 2024
David Narish 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 David Alexander Narish.
Who Is David Alexander Narish of Arete Wealth Advisors, LLC and Arete Wealth Management, LLC?
- Advisor Name: David Alexander Narish
- Aliases: David Narish
- CRD: 3005959
- Location: Frankfort, Illinois
- Current Employer: Arete Wealth Advisors, LLC and Arete Wealth Management, LLC
- Previous Firms: Center Street Securities, Inc., Center Street Advisors, Inc., and Brookstone Capital Management LLC
- Number of Known Customer Complaints: 1
- Can David Narish Be Sued: Yes, in Private Arbitration
- Can David Narish’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $50,000
- Highest Settlement: $27,500
If you have suffered investment losses by David Narish, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 David Narish For Broker Misconduct
As of this publication date, David Narish has been the subject of 1 customer dispute. Let’s review it below.
In November 2022, a FINRA arbitration was filed against or in reference to David Narish by a customer of Center Street Securities, Inc. alleging that Mr. Narish recommended unsuitable investments not in the client’s best interest. Per the customer, he/she lost over $50,000 because of Mr. Narish’s actions. On August 19, 2023, Mr. Narish settled the claim for $27,500, and some or all of this amount may have been paid by Mr. Narish’s employer and/or insurance carrier.
How To File A Claim Against David Narish of Arete Wealth Advisors, LLC and Arete Wealth Management, LLC (previously with Center Street Securities, Inc., Center Street Advisors, Inc., and Brookstone Capital Management LLC) To Get Your Money Back
If you have questions about David Narish, Arete Wealth Advisors, LLC, Arete Wealth Management, LLC, Center Street Securities, Inc., Center Street Advisors, Inc., Brookstone Capital Management LLC, 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.