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Broker Misconduct Investigation: Brandon Capps (Velocity Wealth Management/Park Avenue Securities)

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Updated on: December 12, 2024

National investment loss lawyers KlaymanToskes is investigating broker Brandon Capps (CRD# 4990930) of Velocity Wealth Management and Park Avenue Securities.

According to FINRA BrokerCheck, Brandon Capps of Park Avenue Securities, also reportedly doing business as Velocity Wealth Management, has been hit with a customer complaint alleging $750,000 in damages due to misrepresentations of the performance of advisory products and for relaying inaccurate and misleading fee and compensation information.

Although this dispute was denied, it is important to know that firms can deny disputes without an outside review. Investors may still pursue a FINRA arbitration claim to recover their investment losses by contacting KlaymanToskes

Investors that suffered losses with broker Brandon Capps 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.

Brandon Capps of Velocity Wealth Hit With Investor Complaint

Brandon Capps, a financial advisor based in Claremont, California, has been hit with a $750,000 investor complaint alleging that he relayed inaccurate and misleading fee and compensation information, in addition to misrepresenting the performance of advisory products. Although the complaint was denied by the firm, investors should be aware that the denial of a customer complaint by a brokerage firm does not mean that the complaint does not have merit. According to Financial Industry Regulatory Authority (FINRA) records, Capps is registered as both a broker and investment advisor with Park Avenue Securities, doing business as (d/b/a) Velocity Wealth Management.

Investment Losses with Broker Brandon Capps?

Investment Losses with Broker Brandon Capps?

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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 Brandon Capps, or have concerns regarding your investment portfolio at Velocity Wealth Management, Park Avenue Securities, 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.