John William Wolf, of Appleton, Wisconsin, an investment advisor representative and President of Cornerstone Financial Planning Inc., was the subject of a customer initiated investment related complaint that was settled on January 15, 2025, for $70,000.00 in damages based upon allegations that Wolf made unsuitable investment recommendations in connection with the sale of direct investments when Wolf was associated with Cornerstone Financial Planning Inc.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Wolf is referenced in ten other customer initiated investment related disputes concerning Wolf’s conduct. On August 20, 2024, a customer initiated investment related complaint involving Wolf’s conduct was settled for $515,000.00 in damages resulting from the sale of direct investments when Wolf was associated with Cornerstone Financial Planning Inc.
On June 4, 2024, a customer initiated investment related FINRA securities arbitration claim involving Wolf’s conduct resulted in the customer being awarded $613,825.00 in compensatory damages because Wolf and Cornerstone Financial Planning were held liable for sales practice violations. FINRA Arbitration No. 23-00946. The Statement of Claim alleged Wolf made unsuitable investment recommendations, made misrepresentations of material fact, breached his fiduciary duties, and was negligent in connection with the sale of corporate bonds.
Wolf is also referenced in a customer initiated investment related complaint that was settled on February 27, 2024, for $65,000.00 in damages based upon allegations that Wolf breached his fiduciary duties, made misrepresentations of material fact, was negligent, and violated state securities laws in connection with the sale of direct investments when Wolf was associated with Cornerstone Financial Planning.
On October 30, 2024, another customer initiated investment related complaint involving Wolf’s conduct was settled for $380,050.00 in damages based upon allegations that Wolf made unsuitable recommendations in direct investments when Wolf was associated with Cornerstone Financial Planning Inc.
Wolf has been associated with Cornerstone Financial Planning Inc. in Appleton, Wisconsin since January 2000.
