Concorde Investment Services, LLC broker Jon Cirelli (CRD# 4729737) is accused of unsuitable investment recommendations. He has been registered with Alexander Capital, L.P. in Palm Beach, Florida, since 2025, and Alexander Capital Wealth Management LLC in West Palm Beach, Florida, since 2025. He was registered with Great Point Advisors, LLC in Miami, Florida, from April to July 2025, Great Point Capital LLC in Miami, Florida, from 2023 to 2025, Coastal Investment Advisors in Miami, Florida, from 2022 to 2023, Coastal Equities, Inc. in Miami, Florida, from 2022 to 2023, Concorde Asset Management, LLC in Jupiter, Florida, from 2019 to 2022, and Concorde Investment Services, LLC in Jupiter, Florida, from 2015 to 2022.
Jon Cirelli Customer Complaints
He has been the subject of eight customer complaints between 2008 and 2025, three of which were closed without action, according to his CRD report:
December 2025. “Claimants allege breach of fiduciary duty, unsuitability, reasonable basis for recommendation. In or around 2022.” The case is currently pending.
December 2025. “Claimant alleges failure to conduct reasonable due diligence, breach of fiduciary duty, and failure to disclose material facts, failure to supervise, and unsuitability of investment that occurred in 2016.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was regarding direct investment losses, and it took place while he was registered with Concorde Investment Services, LLC.
March 2021. “The Claim alleges negligence, breach of fiduciary duty, and unsuitable recommendations, relating to various investments made from July of 2015 to April of 2017.” The customer sought $2,500,000 in damages, and the case was settled for $725,000. The complaint was regarding direct investment losses, and it took place while he was registered with Concorde Investment Services, LLC.
March 2021. “Representative is subject of claim alleging negligence, breach of fiduciary duty, breach of contract, and Violations of Uniform Securities Act of Michigan relating to limited partnership investments made in March and December of 2016.” The case was settled for $35,000. The complaint was regarding direct investment losses, and it took place while he was registered with Concorde Investment Services, LLC.
October 2020. “Client is alleging misrepresentation, relating to private placement investment made in August of 2016.” The case was settled for $12,500. The complaint was regarding direct investment losses, and it took place while he was registered with Concorde Investment Services, 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, Concorde Investment Services, LLC may be liable for investment or other losses suffered by Jon Cirelli’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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