Erez Law is currently investigating Arete Wealth Management, LLC broker Walter Nelson (CRD# 2275929) regarding alternative investment losses. He has been registered with Cabin Securities, Inc. in Overland Park, Kansas, and Cabin Advisors, LLC in Rockwall, Texas, since 2025. He was registered with Arete Wealth Advisors, LLC in Rockwall, Texas, from 2020 to 2025, and Arete Wealth Management, LLC in Chicago, Illinois, from 2020 to 2025, when he was terminated regarding, “The firm was actively investigating the Representative for potential violations of securities rules and regulations and firm procedures, including but not limited to: advocating and potentially soliciting clients to obtain lines of credit to invest in securities and giving shifting explanations as to how many clients employed this strategy. While under investigation, the Representative quit five minutes before a scheduled mandatory compliance interview.” He was previously registered with Park Avenue Securities LLC in Dallas, Texas, from 2019 to 2020.
Walter Nelson Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
September 2025. “The rep has not received a copy of the complaint and has no knowledge of the specifics.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was regarding alternative investments, and it took place while he was registered with Arete Wealth Management, LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Arete Wealth Management, LLC may be liable for investment or other losses suffered by Walter Nelson’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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