Erez Law is currently investigating former Benchmark Investments, LLC broker Gregory Richards (CRD# 1339012) regarding unsuitable investment recommendations. He has been registered with Kingswood Capital Partners, LLC in Scottsdale, Arizona, since 2023. He was registered with DST Wealth Management LLC in Indian Wells, California, from 2020 to 2023, Benchmark Investments, LLC in Scottsdale, Arizona, from 2020 to 2023, and Centaurus Financial, Inc. in Scottsdale, Arizona, from 2011 to 2020.
Gregory Richards Customer Complaints
He has been the subject of two customer complaints between 2022 and 2025, according to his CRD report:
April 2025. “The customers allege that the Registered Representative recommended and misrepresented an unsuitable, high-risk and illiquid investment and breached his fiduciary duty.” The customer is seeking $300,000 in damages, and the case is currently pending. The complaint was regarding alternative investment losses, and it took place while he was registered with Benchmark Investments, LLC.
July 2022. “The customers allege that the Registered Representative recommended and misrepresented an unsuitable, high-risk and illiquid investment and breached his fiduciary duty. No dates of alleged activity were disclosed in the Statement of Claim.” The customer sought $500,000 in damages, and the case was settled for $68,000. The complaint was regarding corporate debt, and it took place while he was registered with Centaurus Financial, Inc. and Benchmark Investments, 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, Benchmark Investments, LLC may be liable for investment or other losses suffered by Gregory Richards’ 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.
"*" indicates required fields
