Expert Review

Adam Brooks: Exposed to FINRA Charges or not? (Latest Update 2023)

Who is Adam Brooks (CRD#: 3029639)?

Adam Brooks is a Managing Director and Senior Financial Advisor at ABLE Financial Group. Adam has been a CERTIFIED FINANCIAL PLANNERTM practitioner since 1993, advising people, businesses, and non-profit organizations toward their financial goals. Adam co-founded ABLE Financial Group in 2006 with Lee Eisenberg, after working together at RBC Wealth Management for several years. He oversees the practice and works with business owner customers, especially on succession planning and mergers and acquisitions (M&As).

Adam has worked as an adjunct faculty member for various financial education courses in addition to his employment as a Financial Advisor. He has taught a range of subjects at community colleges.

This article will go deeper into Adam Brooks’s past, uncovering hidden disclosures and SEC litigations, as well as analyzing the legal consequences.

What is ABLE Financial Group?

ABLE Financial Group is an independent financial services firm committed to improving each client’s life and reducing the complexity of financial independence. The team believes that one of their most important tasks is to ensure that their clients’ long-term goals and expectations are not just met, but exceeded. Each member of their team has a unique set of skills that combine to form a group of professionals with the resources to manage their clients’ wealth and legacy for generations.

What is a Financial Advisor?

A financial advisor is a specialist who offers professional financial advice to people looking to accomplish particular financial goals. You work with a financial advisor to develop a thorough financial plan that is specific to your situation, much like you would hire an architect to construct the blueprint for your home. Understanding your existing financial condition, including your income, costs, savings, and spending patterns, is a requirement for this collaboration.

ABLE Financial Group Services

ABLE Financial Group provides a variety of services. Some of them are as follows:

Wealth Management

In addition to their in-depth planning process and comprehensive investment approach, ABLE offers a wide range of wealth management solutions and services to their clients. Each financial advisor’s diverse skill set lends itself to its team approach, helping to ensure every aspect of its client’s financial lives is dutifully cared for.

Business Succession Planning

The transition of a family-owned business from the founder to the next generation can be strenuous, but with a well-defined business succession plan in place, at ABLE, their team strives to alleviate that strain. It’s likely that you won’t be running your business your entire life, and therefore it’s worth both the effort and difficult conversations to conclude what will happen to your business upon your retirement. 

Investment Management

Their team claims to be committed to providing clients with informed perspectives and tailored approaches to their needs, along with any challenges or opportunities they may face. As financial advisors and fiduciaries, their team begin with a deep understanding of your financial priorities and then apply the appropriate strategies to help optimize your wealth. 

Retirement Plan Solutions

ABLE Financial Services provides complete retirement plan advisory services to small businesses. Their team specializes in plan governance, investment searches, investment monitoring, and plan oversight. Their retirement plans are meticulously developed to have a major impact on key employee hiring and retention, as well as enhancing employees’ retirement readiness.

Executive Compensation Strategies

Their financial experts can provide thorough guidance for numerous business-related initiatives to their corporate executive clientele. This frequently includes assisting with the timing of when to exercise options and restricted shares, determining when to receive deferred compensation, and coordinating 401(k) plan assets into the overall, comprehensive asset allocation.

22/11/2023 Update
As of now, Adam Brooks has not responded nor has he apologized for his misdeeds. He has ignored our efforts to highlight the problems faced by their victims. Furthermore, he has only focused on propagating his fake PR.

Adam Brooks Disclosures: BrokerCheck, FINRA, And SEC

BrokerCheck report of Adam Brooks includes information such as employment history, professional qualification, disciplinary actions, criminal convictions, civil judgment, and arbitration awards as well as disclosure events.

Financial Advisors often take down their client disputes from FINRA’s Public database through Disclosure Expungement. Even law firms provide expungement services to FAs so that they can hide or remove their client disputes and maintain a clean record. So the lack of any disclosures on BrokerCheck doesn’t necessarily mean that the broker hasn’t had any disputes in the past.

BrokerCheck

Source: https://brokercheck.finra.org/individual/summary/3029639

SEC Litigations & Forms

image 1191

Source: https://secsearch.sec.gov/search?affiliate=secsearch&sort_by=&query=%27Adam+Brooks%27

Adam Brooks Lawsuits

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis, law, and Law360. If Adam Brooks has been involved in any such lawsuits, then you can find the documents using the links down below:

There might be more pending lawsuits against Adam Brooks that are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Adam Brooks on these websites, then you can contact the local authorities and check if they have a physical copy of any lawsuits.

Adam Brooks Complaints and Legal Battles

The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Adam Brooks using the websites down below:

Better Alternatives To Adam Brooks:

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
Screenshot 7

Manages Assets Worth

  • $6,427,792,177

Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
  • Family office and consulting services
Screenshot 8

Manages Assets Worth

  • $4,465,757,285

Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
Screenshot 9

Manages Assets Worth

  • $302,000,000

Services

  • Financial planning
  • Portfolio management

We will be happy to hear your thoughts

Leave a reply

Gripeo
Logo