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SagePoint Financial, Inc. Investment Attorney

The law offices of Gana Weinstein LLP represents investors that have disputes with their brokers or brokerage firms, such as SagePoint Financial, Inc (SagePoint). Many investors do not realize there are steps that can be taken to recover losses as a result of securities misconduct. There are many different types of securities related misconduct including failure to supervise, false representations, unsuitable investment products such as private placements, penny stocks, and non-traded REITs. The attorneys at Gana Weinstein LLP can analyze your investment accounts and determine if there was actionable misconduct by the financial advisor or brokerage firm.

SagePoint is affiliated with, under common control, or otherwise performs business under the company names AIG Financial Advisors, Inc., Fiduciary First

SagePoint – By the Numbers:

  • CRD# 133763
  • SEC# 8-66771
  • 8 Regulatory Events
  • 6 Customer Complaints
  • Total Revenues: $236 million - 2012
  • Total Client Assets: $33 billion - 2013
  • Representatives: 1,718 - 2013

SagePoint – In the News:

In re SagePoint Financial Services, Inc . – Secretary of State of Missouri ordered Sagepoint Financial Services, Inc., to pay full restitution to investors that were victimized by a former broker of the firm concerning allegations that the firm failed to properly supervise a former agent. According to the state of Missouri the broker stole his clients’ money for personal use. According to the settlement’s details, the former Sagepoint broker solicited at least 12 clients of Sagepoint and its predecessor firm, including a 93-year-old client, to invest in private securities transactions connected with Gateway Financial Resources (GFR) a fictitious company.

FINRA v. SagePoint Financial Services, Inc., AWC No. 2007019919 FINRA fined SagePoint $300,000 concerning allegations that between November 2003, and August 2008, approximately 3,925 employees of a California County Office of Education (CCOE) were enrolled into a deferred compensation program through the firm's registered representatives. As part of the enrollment process, FINRA found that the brokers offered detailed asset allocation advice and provided specific investment recommendations. However, FINRA found that the firm's written supervisory procedures did not require that the brokers enrolling the participants to record the customers' investor profile information on a customer account application or maintain customer files. As a result, FINRA found that SagePoint did not maintain or preserve records that would allow supervisory or other review of the broker’s recommendations to determine whether they complied with the suitability rule.

The attorneys of Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.

Client Reviews
Thank you Adam and all your colleagues for the professionalism and diligence in the final settlement of our securities fraud case. When a past law firm group turned our case down, you and your firm took on the case and we thank you for the great outcome. We would highly recommend your firm. Gloria K.
I will never forget how much you helped me by winning my case! I never thought I would see any money from my investment. I admire the way you fight for everyday people against big companies. Thank you so much! Myra W.
Adam is an outstanding lawyer. I have worked on several cases with Adam and look forward to working with him again in the future. Rob D. - Co-Counsel.
If you want an attorney that is easy to talk to and genuinely cares about your legal situation, contact Adam Gana. He helped me settle a difficult contract dispute. When you work with Adam, he makes you feel as if you are his top priority. He will call you regularly to stay on top of the situation and submits all necessary legal documentation in a timely manner. His writing is excellent, his demeanor professional, and his work exceptional. Nancy N.
Adam helped me recover money from my broker when I thought all was lost. My house was about to be foreclosed, and I lost everything. Adam came in and saved my life. Jean C.