Investor Lawsuit Investigation – Brian Marston
The White Law Group is investigating potential securities claims involving former financial advisor Brian Marston (CRD#: 733083) after multiple customer disputes were filed alleging unsuitable investment recommendations.
Broker Profile – Brian Marston (CRD#: 733083)
Brian Marston was previously registered as both a broker and investment adviser. Most recently, he was reportedly affiliated with Woodbury Financial Services, Inc. from 2006 to 2023. Over the course of his 41-year career, he was registered with six different firms, including Pruco Securities Corporation and National Planning Corporation.
According to FINRA BrokerCheck, Marston has six customer disclosures, including three pending disputes filed between 2023 and 2025, all related to allegedly unsuitable alternative investments.
Customer Complaints & Allegations
- May 5, 2025 – Pending Allegation: Unsuitable recommendation of alternative investments. Damages Requested: $150,000
- November 21, 2023 – Pending Allegation: Misrepresentation and unsuitable recommendations involving alternative investments. Damages Requested: $37,000
- August 8, 2023 – Pending Allegation: Unsuitable recommendation of an alternative investment. Damages Requested: $60,000
- July 8, 2021 – Withdrawn Allegation: Concentration in unsuitable alternative investments. Damages Requested: $1,737,306
- May 4, 2021 – Settled Allegation: Misrepresentation and unsuitability of alternative investments sold in 2015 & 2016. Settlement Amount: $80,000 Damages Requested: $5,000
- February 7, 2014 – Denied Allegation: Misrepresentation related to a variable annuity rider. Damages Requested: $5,000
What are the Risks of Alternative Investments?
Alternative investments—such as REITs, BDCs, oil & gas partnerships, and private placements—can be high-risk and illiquid. They often carry high fees and may not be suitable for conservative or elderly investors. Brokers and firms have a duty to recommend investments that align with their clients’ goals, risk tolerance, and financial profile.
Broker Due Diligence Responsibilities
Broker-dealers must properly supervise their registered representatives and conduct adequate due diligence on the products they recommend. Failure to do so can result in liability if an investor suffers financial harm due to unsuitable investment recommendations.
FINRA Arbitration vs. Class Action
If you suffered investment losses with Brian Marston or Woodbury Financial Services, you may be able to file a claim through FINRA arbitration, a private dispute resolution process for investors. These cases are typically faster and more efficient than class action lawsuits and can lead to monetary recovery for individual investors.
Free Consultation with a Securities Attorney
If you invested with Brian Marston and are concerned about potential losses, please call The White Law Group at (888) 637-5510 for a free consultation. The firm represents investors nationwide in securities arbitration claims.
Visit us online at www.whitesecuritieslaw.com to learn more.
FAQs : Brian Marston
1. What type of investments did Brian Marston allegedly recommend?
Several complaints allege that Marston recommended high-risk alternative investments that were unsuitable for the investors.
2. Can I recover losses if my broker is no longer registered?
Yes. Even if the broker is no longer licensed, claims can still be pursued against the brokerage firm responsible for supervising the broker.
3. How long do I have to file a FINRA arbitration claim?
There are time limits for filing a claim. Contacting an attorney promptly ensures your rights are protected.
Last modified: August 6, 2025
