National investment loss lawyers KlaymanToskes is investigating broker Michael Lickiss a/k/a Michael Jerome Lickiss Jr. (CRD# 5135936) formerly of Arkadios Capital and PKS Investments. Lickiss is currently registered as an investment advisor with Pacific Wealth Advisory Services.
According to FINRA BrokerCheck, broker Michael Lickiss is currently involved in several customer complaints alleging millions of dollars in collective investor damages. The complaints allege unsuitable investment recommendations, failure to supervise, breach of fiduciary duty and negligence in the sale of promissory notes, in addition to other securities violations.
Investors that suffered losses with broker Michael Lickiss are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Michael Lickiss a/k/a Michael Jerome Lickiss Jr., formerly of Arkadios Capital, is currently involved in numerous customer disputes, according to Financial Industry Regulatory Authority (“FINRA”) records. The customer complaints allege over $1,000,000 in collective damages due to unsuitable investment recommendations, failure to supervise, breach of fiduciary duty, negligence, and other securities violations.
Broker Michael Lickiss was registered with Arkadios Capital from December 2021 to July 2024 in Danville, CA. Lickiss was also registered with Purshe Kaplan Sterling Investments (a/k/a PKS Investments) from July 2024 to January 2025. Lickiss is currently registered as an advisor with Pacific Wealth Advisory Services in Danville, CA.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Michael Lickiss, or have concerns regarding your investment portfolio at Arkadios Capital, PKS Investments, Pacific Wealth Advisory Services, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.