Erez Law is currently investigating former LPL Financial LLC broker Rudy Anguiano (CRD# 5188950), who faces customer complaints for investment losses. He was registered with Alexander Capital, L.P. in Red Bank, New Jersey, from January to July 2026, LPL Financial LLC in Brea, California, from 2022 to 2026, when he was terminated regarding, “Engaged in outside business activity without prior notice and approval; and participated in and directed clients to private investments.” He was registered with Ameriprise Financial Services, LLC in Aliso Veijo, California, from 2020 to 2022, Waddell & Reed in Brea, California, from 2016 to 2020, and Wells Fargo Advisors, LLC in Pico Rivera, California, from 2013 to 2016.
In July 2026, FINRA made a preliminary determination to recommend that formal disciplinary action be taken against Rudy Anguiano alleging failure to disclose outside business activity, borrowing money from customers, improperly using customer funds and converting customer funds for own use, causing a member firm’s books and records to be inaccurate, and failing to provide testimony requested.
Rudy Anguiano Customer Complaints
He has been the subject of two customer complaints between 2024 and 2025, according to his CRD report:
October 2025. “Customer verbally alleged advisor accepted and has not returned funds sent from LPL client account to an unapproved ODA for which he was a sole member settlement amount.” The customer is seeking $1,528,000 in damages, and the case is currently pending.
April 2024. “Customer verbally alleged advisor accepted and has not returned funds sent from LPL client account to an unapproved ODA/LLC for which he was a sole member.” The case was settled for $203,000. The complaint took place while he was registered with LPL Financial 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, LPL Financial LLC may be liable for investment or other losses suffered by Rudy Anguiano’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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