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Broker Misconduct Investigation: Anthony Jovanovich (Wintrust Investments/LPL)

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Updated on: July 9, 2025

National investment loss lawyers KlaymanToskes is investigating broker Anthony Jovanovich (CRD# 2948544) of Wintrust Investments and LPL Financial

According to FINRA BrokerCheck, broker Anthony Jovanovich, formerly of Wintrust Investments has been involved in a customer complaint alleging $850,000 in investor damages due to losses in structured products/structured notes. Although this dispute was denied, it is important to know that brokerage firms can deny disputes without any review. Investors may still pursue a FINRA arbitration claim to recover their investment losses by contacting KlaymanToskes. A second customer complaint involving Jovanovich alleges unsuitable recommendations to invest in Real Estate Investment Trust (REIT) investments. 

Investors that suffered losses with broker Anthony Jovanovich 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.

Wintrust/LPL Broker Anthony Jovanovich Hit With Customer Complaints

Financial advisor Anthony Jovanovich, of Wintrust Investments, has reportedly been involved in a customer complaint filed with the Financial Industry Regulatory Authority (“FINRA”). The customer complaint alleged $850,000 in damages and the customer also alleged  that he was sold an unsuitable note by a different advisor but was provided poor advice leading to losses. The complaint allegedly related to structured note investments. The complaint was denied by the firm, however, investors should know that firms can deny disputes without an outside review. The broker’s comment for the disclosure states: “As I do with all customers, I provided tailored customer service and disclosed all risk factors of the investments. I stand by my recommendations and advice.”

A second customer complaint involving Jovanovich alleges unsuitable investment recommendations related to Real Estate Investment Trust (REIT) investments. According to FINRA Brokercheck, broker Anthony Jovanovich was registered with Wintrust Investments from June 2012 to January 2025, and is currently affiliated as a broker with LPL Financial. 

Investment Losses with Broker Anthony Jovanovich?

Investment Losses with Broker Anthony Jovanovich?

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Signs Investors Should Look Out For About Their Brokerage Accounts

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:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

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 Anthony Jovanovich, or have concerns regarding your investment portfolio at Wintrust Investments, LPL Financial, 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.