Avi J. Bialo, of Los Angeles, California, a stockbroker registered with Arete Wealth Management LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $160,000.00 in damages based upon allegations that Bialo made unsuitable recommendations of alternative investments during the time that Bialo was associated with Arete Wealth Management LLC. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-02621 (December 20, 2022).
FINRA Public Disclosure shows that Bialo is referenced in three other customer initiated investment related disputes concerning Bialo’s conduct while associated with Arete Wealth Management LLC. On June 6, 2022, a customer filed an investment related FINRA securities arbitration claim involving Bialo’s conduct in which the customer requested $350,000.00 in damages based upon allegations that Bialo made unsuitable recommendations of alternative investments. FINRA Arbitration No. 22-01257.
On October 12, 2022, an Arete Wealth Management LLC customer filed an investment related FINRA securities arbitration claim involving Bialo’s conduct in which the customer requested $50,000.00 in damages based upon allegations that Bialo recommended unsuitable alternative investments. FINRA Arbitration No. 22-02342.
Bialo is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the Arete Wealth Management LLC customer requested $118,000.00 in damages based upon alleged unsuitable alternative investment recommendations. FINRA Arbitration No. 23-00085 (January 10, 2023).
Bialo has been registered with Arete Wealth Management LLC as a stockbroker since May 2, 2013, and registered with Arete Wealth Advisors LLC as an investment adviser representative since June 17, 2013.
