INVEST Financial Corporation Investment Attorney

We represent investors in their disputes with their advisors or brokerage firms, such as INVEST Financial Corporation (INVEST Financial or IFC). There are many different forms of investment related misconduct that our firm has successfully represented clients concerning including churning, suitability, and breach of fiduciary duty. Our firm can analyze your investment accounts and determine if and what type of misconduct occurred.

INVEST Financial Corporation was formed in 1982 and was later bought by Brentwood Securities. Brentwood changed its name to Investment Services for America. After several other acquisitions the firm was sold in 2000 to National Planning Holdings. National Planning Holdings is the holding company for four broker-dealers including INVEST, National Planning Corporation, Investment Centers of America, and SII Investments, Inc. National Planning Holdings is an affiliate of Jackson National Life Insurance Company.

INVEST Financial Corporation is affiliated with, under common control, or otherwise performs business under the company names IFC Holdings, Inc., First Federal Wealth Management, and ISFA Corporation

INVEST Financial Corporation – By the Numbers:

  • CRD# 12984
  • SEC# 8-27691
  • 6 Regulatory Events
  • 20 Customer Complaints
  • Total Revenues: $236 million – 2012
  • Total Account Assets: $27 billion - 2012
  • Number of Retail Offices: 1,546 - 2012
  • Representatives: 1,402 - 2012

INVEST Financial Corporation – In the News:

NASD v. INVEST Financial Corporation, et al – The NASD announced a fine was imposed upon eight broker-dealers of more than $7.75 million concerning allegations that the firms engaged in directed brokerage violations. INVEST Financial Corporation fine amount was $1.52 million. The NASD alleged that the firms received payments for directed brokerage activities in exchange for preferential treatment in relation to mutual fund companies. NASD's Anti-Reciprocal Rule is designed to prohibit firms from favoring the sale of mutual funds on the basis of brokerage commissions received by the firm. The NASD’s rule prohibits a firm from establishing lists of preferred funds in exchange for directed brokerage.

Our attorneys has successfully represented hundreds of investors in their broker disputes with their advisor firms. Our consultations are free and we welcome all inquiries.