Jack Ryan Riley – UBS Financial Services Inc., Warren, NJ | What Investors Should Know
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Haselkorn & Thibaut has opened an independent investigation into Jack Ryan Riley (CRD 4306836), a financial advisor at UBS Financial Services Inc. in Warren, New Jersey. If you invested with Mr. Riley and have concerns regarding your account, now is the time to evaluate your options for potential recovery. Contact Haselkorn & Thibaut at 1-888-994-8066 for a free, confidential consultation.
Background on Jack Ryan Riley
- Registered Name: Jack Ryan Riley
- CRD Number: 4306836 (FINRA BrokerCheck)
- Current Firm: UBS Financial Services Inc. (Registered since August 16, 2013)
- Office: 184 Liberty Corner Rd., Suite 101, Warren, NJ 07059
- Prior Firms: Morgan Stanley (2009–2013), Citigroup Global Markets Inc. (2001–2009, investment adviser 2004–2009)
- Licenses: General Securities Representative; Registered Investment Adviser in select states
- Other Business Affiliations: None reported
Disclosures and Complaints – Jack Ryan Riley, UBS Financial Services
While Mr. Riley is not currently subject to any regulatory sanctions, there are noteworthy customer disputes on his record. Understanding the specifics of these matters is vital for investors assessing whether their account was appropriately handled. Below, we summarize the recent disclosures related to Jack Ryan Riley:
| Date Filed | Forum | Allegation | Status/Outcome |
|---|---|---|---|
| Feb 2023 | FINRA Arbitration (Case No. 23-00271) | Claimants alleged unsuitability and misrepresentation involving an options overlay strategy in UBS’s wrap fee program. Damages Alleged: $1,450,000+ |
Settled 4/23/2024: $900,000 Individual Contribution: $0 |
| Sept 6, 2022 | Written/Oral Complaint | Customer alleged Riley did not follow instructions to liquidate securities in a managed/wrap account (outside money manager) during August 2022. | Settled 9/27/2022: $40,510 Individual Contribution: $0 |
What These Complaints Mean for Investors
Although Mr. Riley has not been barred or formally sanctioned by securities regulators, the existence of settled customer disputes is a significant consideration. Investors should be alert to the following potential red flags:
- Unsuitable Recommendations: Allegations of unsuitable investment strategies—including complex products such as options overlay—can suggest that the investment did not align with the client’s risk tolerance, objectives, or financial profile, risking unnecessary losses.
- Misrepresentation or Omission: If an advisor fails to fully disclose risks or the nature of recommended investments, clients may not have all material facts needed for informed decisions. FINRA Rules prohibit deceptive or incomplete disclosures.
- Failure to Follow Client Instructions: Ignoring or failing to act on explicit client directives (such as liquidation orders) is a breach of professional duty, and could violate industry rules and the SEC’s Regulation Best Interest.
The most recent arbitration was resolved with a substantial payment of $900,000. While Mr. Riley did not personally contribute to the settlement, the fact that it resolved such claims is worth scrutinizing if you were advised in similar products or strategies.
Step-by-Step: How to Protect Your Investments
If you have been a client of Jack Ryan Riley or UBS Financial Services, here are actions you can take right now:
- Review Your Account Statements: Look for any unfamiliar trades or investments, especially high-risk options strategies.
- Check for Suitability: Ask whether all investments matched your stated goals and risk tolerance.
- Document Communications: Gather your written correspondence and notes from phone calls or meetings, especially if you had requested specific instructions be followed.
- Request a Free Consultation: Haselkorn & Thibaut offers a no-cost, no-obligation review to help you determine if your losses are recoverable.
Understanding the FINRA Arbitration Process
Many cases against brokers and broker-dealers are resolved through FINRA arbitration—a fast, investor-friendly process allowing for recovery of losses without going to court. Claims related to unsuitability, misrepresentation, or violation of client instructions are common subjects in this forum. Investors often pay no fees upfront, as most attorneys work on a contingency basis. Haselkorn & Thibaut has more than 50 years of experience, a 98% success rate, and millions recovered. There is no recovery, no fee.
Why Choose Haselkorn & Thibaut for Jack Riley or UBS-Related Disputes?
- Nationwide Reach: Offices and representation for investors coast-to-coast
- Proven Success: Decades of experience, top client satisfaction, and a strong recovery record
- Personalized Service: Your case evaluated individually, handled by an attorney, not a call center
- No Out-of-Pocket Fees: Only pay if you win your case
Summary: Should You Be Concerned?
If you have worked with Jack Ryan Riley or have an account at UBS Financial Services Inc. in Warren, NJ, and have experienced unexplained losses, complex options strategies, or ignored instructions, it’s essential to get qualified guidance. Disclosures do not always mean wrongdoing, but they signal a need for deeper review—especially if your experiences are similar.
Haselkorn & Thibaut’s ongoing investigation is designed to give you peace of mind and powerful advocacy. If you suspect your investments were mishandled, do not wait—call 1-888-994-8066 for your complimentary case assessment.
Concerned about your investments with Jack Ryan Riley or UBS Financial Services?
Speak directly with an investigator at Haselkorn & Thibaut: 1-888-994-8066
No recovery, no fee. 98% client success rate.
