Glendale, AZ
Todd Elliott, formerly of Wealth Watch Advisors, Subject of Arizona Securities Complaint
Have you lost money with financial advisor Todd Elliott of Glendale, Arizona? We are looking into allegations made against Todd Regan Elliott. The Arizona Corporation Commission alleged that Elliott raised money for EquiAlt debentures, which turned out to be a Ponzi scheme. Todd Elliott was alleged to have sold the EquiAlt investments to investors when he did not have a license to sell securities.
Todd Regan Elliott was a representative of Wealth Watch Advisors from October 2017 to July 2019. He has also been with Insight Folios from July 2019 to the present. He worked at a branch office in Glendale, Arizona. Elliott also operated a company called Elliott Financial Group.
Advisory firms like Wealth Watch Advisors and Insight Folios have a responsibility to adequately supervise all representatives who are registered through their firm. Firms also must take steps to ensure that their advisors follow all securities rules and regulations, as well as internal firm policies. When firms fail to adequately supervise their 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 Phoenix, Arizona; Denver, Colorado; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Arizona and the Phoenix area. Attorney Aaron Israels is licensed to practice law in Arizona. Our attorneys have represented over one thousand investors against many firms in the past.