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Broker Misconduct Investigation: Gordy Gutowsky (Osaic Wealth/Cetera Advisors)

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Updated on: December 19, 2024

National investment loss lawyers KlaymanToskes is investigating broker Gordy Gutowsky a/k/a John Gordon Gutowsky of Osaic Wealth, and formerly of Cetera Advisors (CRD# 3089973).

According to FINRA BrokerCheck, Gordy Gutowsky a/k/a John Gordon Gutowsky of Osaic Wealth, and formerly of Cetera Advisors, is facing a pending customer complaint seeking $400,000 in alleged damages due to fraud, negligence, breach of fiduciary duty, and breach of contract. The complaint allegedly relates to an investment in a real estate security.

Investors that suffered losses with broker Gordy Gutowsky 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.

Investment Losses with Broker Gordy Gutowsky?

Investment Losses with Broker Gordy Gutowsky?

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Financial Advisor Gordy Gutowsky Faces Customer Complaint

According to FINRA BrokerCheck, financial advisor Gordy Gutowsky is currently involved in a customer complaint seeking $400,000 in damages. The customer alleges fraud, negligence, breach of fiduciary duty, and breach of contract. Gutowsky was registered as a broker and investment advisor with Cetera Advisors from August 2012 to May 2022 in Chanhassen, MN. He was then registered with Sagepoint Financial (now known as Osaic) from April 2022 to September 2023 in Chanhassen, MN. 

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 Gordy Gutowsky a/k/a John Gordon Gutowsky, or have concerns regarding your investment portfolio at Cetera Advisors or Osaic Wealth, 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.