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Broker Misconduct Investigation: Robert Lybbert (Elite Wealth Management)

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Updated on: October 19, 2025

National investment loss lawyers KlaymanToskes is investigating broker Robert Lybbert (CRD# 7451138) formerly of Elite Wealth Management, Inc and Lattice Capital Management.

According to FINRA BrokerCheck, broker Robert Lybbert has been involved in numerous customer complaints alleging over $19,000,000 in collective investor damages. The complaints allege ​​Breach of Fiduciary Duty and Negligence, amongst other securities violations.

KlaymanToskes is currently representing many customers of Elite Wealth Management and Lattice Capital Management who are seeking to recover investment losses. If you suffered losses in the Dynamic Absolute Return Fund (DARF), formerly known as the Dynamic Alpha Fund, a hedge fund managed by Lattice Capital Management, contact KlaymanToskes immediately. 

Investors that suffered losses with broker Robert Lybbert 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.

Former Elite Wealth Management Broker Robert Lybbert Hit With $19M in Customer Complaints

Former Elite Wealth Management financial advisor Robert Lybbert has four FINRA BrokerCheck disclosures related to negligent investment recommendations and breach of fiduciary duty. The customer complaints allege $15,000,000, $2,000,000, $1,375,210, and $962,605.55 in damages, respectively. According to FINRA BrokerCheck, Robert Lybbert is currently no longer registered with Elite Wealth Management, and is currently employed as a broker and investment advisor with Edward Jones in Issaquah, WA.

Investment Losses with Broker Robert Lybbert?

Investment Losses with Broker Robert Lybbert?

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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 Robert Lybbert, or have concerns regarding your investment portfolio at Elite Wealth Management, Lattice Capital, 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.