Israels & Neuman, PLC Investigates Ronald Birnbaum of Advisory Group Equity Services
Have you lost money with financial advisor Ronald D. Birnbaum (CRD# 2382580) of Advisory Group Equity Services in Newton, Massachusetts? We are investigating allegations of former customers related to Ronald Birnbaum. Ronald Birnbaum’s CRD report, a public record maintained by FINRA, states that Birnbaum has been the subject of six customer complaints.
Ronald Birnbaum’s BrokerCheck report discloses that numerous customers have complained about unsuitable investment recommendations and negligence related to investments like GPB Capital, oil and gas, private equity investments, TICs (tenant in common interests), and other real estate investments.
Ronald Birnbaum is a registered representative of Advisory Group Equity Services from 2001 to the present. He also is affiliated with Trust Advisory Group since 2002. He has worked at branch offices in Newton and San Diego, Massachusetts.
Brokerage firms like Advisory Group Equity Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout southern Massachusetts. Our attorneys have represented over one thousand investors against many brokerage firms in the past.