Texas Financial Advisor Bradley Holts Pleads Guilty to Wire Fraud

Bradley Morgan Holts, a former financial advisor and stockbroker from Orange, Texas, has reportedly pleaded guilty to wire fraud in a case involving the misappropriation of funds from elderly investors. Acting U.S. Attorney Abe McGlothin, Jr. announced the plea on March 31, 2025, before U.S. Magistrate Judge Zack Hawthorn.

According to court documents, Holts, 54, previously worked for Capital One Bank and World Capital Brokerage. In 2021, Holts allegedly opened a fraudulent bank account under the name “Bradley Morgan Holts dba Invesco Investment Texas” (ITT). He allegedly used this account to deceive investors who believed they were investing in Invesco Ltd., a global investment management firm. Instead of investing the funds, Holts reportedly used the money for personal expenses.

Holts faces up to 20 years in federal prison. A sentencing hearing will be scheduled following a presentence investigation by the U.S. Probation Office.

SEC Allegations Against Bradley Holts: Theft from Elderly Clients

On February 27, 2023, the Securities and Exchange Commission (SEC) filed a civil complaint against Holts, alleging that he misappropriated $186,382 from three elderly clients while registered as a broker in Denver, Colorado. According to the SEC, Holts told these investors he would invest their money in mutual funds from Invesco Ltd., but instead diverted the funds for personal use, including: clothing, tanning salons, adult and dating websites,  and divorce lawyer fees.

The SEC alleges that none of the three investors have been repaid and that Holts’ misconduct was “intentional, repeated, and egregious,” causing substantial losses to his elderly victims. The regulator was seeking a jury trial in the matter.

Bradley Holts Barred by FINRA

On July 28, 2021, the Financial Industry Regulatory Authority (FINRA) permanently barred Bradley Holts (CRD #5819398) from the securities industry for failing to cooperate with an investigation into his conduct. The action followed allegations of misappropriation of client funds.

Employment History – Bradley Holts

According to FINRA BrokerCheck, Holts was affiliated with the following firms during his career:

• World Capital Brokerage, Inc., Denver, CO (10/09/2020 – 07/15/2021)
• Supreme Alliance LLC, Charlotte, NC (03/04/2020 – 10/08/2020)
• Capital One Investing, LLC, Houston, TX (01/02/2015 – 05/02/2018)
• Capital One Investment Services LLC, Beaumont, TX (05/13/2014 – 01/02/2015)

Did Your Financial Advisor Defraud You?

Brokerage firms have a legal duty to supervise their financial advisors. Under FINRA Rule 3110 (Supervision), brokerage firms are required to implement systems to ensure compliance with securities laws and FINRA regulations. If a firm fails to supervise its broker properly, it may be held liable for investor losses.

Securities Fraud Claims Against World Capital Brokerage

The White Law Group is investigating potential FINRA arbitration claims involving World Capital Brokerage for failure to supervise former broker Bradley Holts. Victims of securities fraud may be eligible to recover investment losses through FINRA arbitration.

What is FINRA Arbitration?

FINRA arbitration is a legal process that provides investors with a way to resolve disputes with brokers or brokerage firms outside of court. It is often faster and less costly than traditional litigation. Common claims include:

• Misrepresentation
• Unauthorized trading
• Churning
• Unsuitable investments
• Misappropriation of funds

Hiring a FINRA Attorney

If you have suffered investment losses due to misconduct by Bradley Holts or another financial advisor, the securities attorneys at The White Law Group may be able to help you file a FINRA arbitration claim.

Our experienced team can:

• Evaluate your case
• Draft a statement of claim
• Represent you at arbitration
• Negotiate a settlement if appropriate

Contact Us

For a free consultation with a FINRA attorney, please call (888) 637-5510 or visit our website atwww.whitesecuritieslaw.com.

About The White Law Group

The White Law Group, LLC is a national securities fraud and investor protection law firm with offices in Chicago and Seattle. Since its launch in 2010, the firm has handled over 800 FINRA arbitration cases across the country.

With more than 30 years of combined securities law experience, our attorneys help investors nationwide recover losses due to broker fraud, unsuitable investments, and other types of securities misconduct.