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Broker Misconduct Investigation: Micah Rayner (Center Street Securities)

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Updated on: November 7, 2024

National investment loss lawyers KlaymanToskes is investigating broker Micah Rayner (CRD# 6252596) of Center Street Securities and Arete Wealth Management.

According to FINRA BrokerCheck, broker Micah Rayner is currently involved in several customer complaints alleging unsuitable investment recommendations and over $1,000,000 in collective investor damages. Several of the complaints filed allegedly relate to recommendations to invest in alternative investments. 

Investors that suffered losses with broker Micah Rayner 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 Micah Rayner?

Investment Losses with Broker Micah Rayner?

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Broker Miach Rayner Faces Over $1M in Customer Complaints

Financial advisor Micah Rayner of Arete Wealth Management, and formerly of Center Street Securities,  is currently facing several customer complaints alleging unsuitable investment recommendations. Rayner has been hit with eight pending customer complaints alleging over $1,000,000 in collective investor damages. According to FINRA BrokerCheck, broker Micah Rayner is employed with Arete Wealth Management in Nashville, TN, and was previously registered with Center Street Securities from June 2015 to December 2023.

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 Micah Rayner, or have concerns regarding your investment portfolio at Center Street Securities, Arete Wealth Management, 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.