Erez Law Investigates MSC – BD, LLC Broker Alfred Dinicola Jr.

MSC - BD LLC

Were you the victim of MSC – BD, LLC broker Alfred Dinicola Jr. (CRD# 1305518), who is accused of real estate losses? He has been registered with MSC – BD, LLC in Lake Oswego, Oregon, since 2018, and Fiduciary Capital Management LLC in Lakewood Ranch, Florida, since 2026. He was registered with Namcoa in Lakewood Ranch, Florida, from 2020 to 2026, DST Investments, LLC in Naples, Florida, from 2020 to 2021, and Naples Asset Management Co., LLC in Naples, Florida, from 2015 to 2019. 

Alfred Dinicola Jr. Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

June 2026. “This arbitration is pending. The Firm and representatives deny the allegations and intends to vigorously defend the matter. The representatives believe the recommendations were suitable and made in good faith based on the client’s objectives, financial circumstances, tax considerations, and information available at the time. No finding of liability has been made. The transactions involved a 1031 exchange reviewed by the client’s CPA and qualified intermediary. The representative believes the recommendations were suitable and designed to meet the client’s diversification, income, and tax-deferral objectives. No finding of liability has been made.” The customer is seeking $350,000 in damages, and the case is currently pending. The complaint was regarding real estate security losses, and it took place while he was registered with MSC – BD, 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, MSC – BD, LLC may be liable for investment or other losses suffered by Alfred Dinicola Jr.’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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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.