Were you the victim of Ele Wealth Solutions, Inc. broker Sharon Sykes (CRD# 1334948)? She has been registered with Ele Wealth Solutions, Inc. and Ele Advisory Services, Inc. in Southfield, Michigan, since 2020. She was registered with Innovation Partners LLC in Centennial, Colorado, from 2016 to 2020, LP Financial Advisory Services LLC in Centennial, Colorado, from January to February 2020, 1st Consumer Advisory Group LLC in Greenwood Village, Colorado, from 2015 to 2016, Nepsis Capital Management, Inc. in Palm Harbor, Florida, from 2011 to 2015, Kovack Securities Inc. in Ft. Lauderdale, Florida, from 2002 to 2003, and Jonathan Roberts Financial Group, Inc. in Tampa, Florida, from 1999 to 2000, when he was terminated regarding, “violation of written supervisory procedures regarding outside business activites.”
Sharon Sykes Customer Complaints
She has been the subject of one customer complaint, according to his CRD report:
June 2026. “The claimant alleges that Ms. Sykes recommended and sold her two insurance policies that she could not afford. The claimant also alleges that her investment accounts were converted to cash when there was no need for liquidity. The claimant further alleges that ELE failed to supervise. All allegations are factually incorrect.” The customer is seeking $500,000 in damages, and the case is currently pending. The complaint was regarding insurance and investment account losses, and it took place while he was registered with Ele Wealth Solutions, Inc.
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, Ele Wealth Solutions, Inc. may be liable for investment or other losses suffered by Sharon Sykes’ 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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