Were you the victim of Arete Wealth Management, LLC broker Richard Raymond Brown (CRD# 2541545)? He has been registered with Arete Wealth Management, LLC in Nashville, Tennessee, since 2019, and with Arete Wealth Advisors, LLC in Valley Village, California, since 2019. He was registered with Lincoln Financial Advisors Corporation in Westlake Village, California, from 1997 to 2019.
Richard Raymond Brown Customer Complaints
He has been the subject of two customer complaints between 2011 and 2026, according to his CRD report. The most recent complaint was regarding:
March 2026. “Customer alleges that in 2021 the registered representative was involved in the sale of premium-financed indexed universal life insurance policies. The customer claims the illustrations and projections provided were misleading and that certain risks were not adequately disclosed.” The customer is seeking $1,500,000 in damages, and the case is currently pending. The complaint was regarding premium-financed indexed universal life insurance, 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 Richard Raymond Brown’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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