Advisor Alert: Our Attorneys Are Investigating Walter Ickert For Investment Fraud
Did You Lose Money Because of Walter Ickert?
Filed: March 20, 2024
Walter Ickert 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 Walter Ickert.
Who Is Walter Ickert of Independent Financial Partners and IFP Securities, LLC?
- Advisor Name: Walter Ickert
- Aliases: Walter Ickert
- CRD: 254588
- Location: Ridgeland, South Carolina
- Current Employer: Independent Financial Partners and IFP Securities, LLC
- Previous Firms: LPL Financial LLC, Oak Brook Advisors Ltd, and Royal Alliance Associates, Inc.
- Number of Known Customer Complaints: 2
- Can Walter Ickert Be Sued: Yes, in Private Arbitration
- Can Walter Ickert’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,001
- Highest Settlement: $35,000
If you have suffered investment losses by Walter Ickert, 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 Walter Ickert For Broker Misconduct
As of this publication date, Walter Ickert has been the subject of 2 customer disputes. Let’s review them below.
In November 2022, a FINRA arbitration was filed against or in reference to Walter Ickert by a customer of IFP Securities, LLC alleging failure to disclose risk parameters surrounding an investment in a GWG “L Bond”. In particular, failure to disclose a possible risk that the principal of the Bond could not be readily accessed or that there was a risk that monthly income could somehow be lost was alleged. The customer also alleges that there was an unsuitable over-concentration in alternative investments and failure on the part of the firm to conduct adequate due diligence. Per the customer, he/she lost over $83,000 because of Mr. Ickert’s actions. On October 4, 2023, Mr. Ickert settled the claim for $35,000.
In November 2022, a FINRA arbitration was filed against or in reference to Walter Ickert by a customer of IFP Securities, LLC alleging failure to conduct adequate due diligence, misrepresentation of the investment’s safety, failure to adequately disclose the risk surrounding an investment in the product and unsuitability. Per the customer, he/she lost over $100,001 because of Mr. Ickert’s actions. On January 4, 2024, Mr. Ickert settled the claim for $35,000.
How To File A Claim Against Walter Ickert of Independent Financial Partners and IFP Securities, LLC (previously with LPL Financial LLC, Oak Brook Advisors Ltd, and Royal Alliance Associates, Inc.) To Get Your Money Back
If you have questions about Walter Ickert, Independent Financial Partners, IFP Securities, LLC, LPL Financial LLC, Oak Brook Advisors Ltd, Royal Alliance Associates, Inc., 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.