Erez Law is currently investigating Independent Financial Group, LLC broker Robert Sweet (CRD# 4090608) regarding real estate investment trust (REIT) losses. He has been registered with Independent Financial Group, LLC in El Paso, Texas, since 2016. He was registered with LPL Financial LLC in El Paso, Texas, from 2010 to 2016, when he was terminated regarding, “Violation of the Firm’s document signature policy.”
In January 1997, the State of North Dakota suspended him following allegations that he, “failed to renew his license and send in the required CE credits–I did not know I was supposed to notify them that I did not want to renew my license.”
In September 1997, the State of Minnesota suspended him for two weeks following allegations that he “Minnesota alleged that he failed to disclose his licensing status, and failed to disclose his license number on sales material according to Minnesota law requiring the number to be on all sales material.”
Robert Sweet Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
August 2025. “Claimants allege representative is in violation of Reg BI due to investing in non-traded REITs.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint took place while he was registered with Raymond James Financial Services and LPL Financial LLC, and it was regarding real estate security losses.
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, Independent Financial Group, LLC may be liable for investment or other losses suffered by Robert Sweet’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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