Haselkorn & Thibaut has opened an investigation into Irvine, California financial advisor Brian Lombardi (CRD# 4227216), currently registered with Boustead Securities and Sutter Securities. If you have invested with Brian Lombardi, it’s crucial to understand his regulatory background, the specific investor complaints on record, and potential red flags that could impact your investment experience.
Who Is Brian Lombardi?
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Brian Lombardi is a veteran of the securities industry, with 25 years of experience across multiple firms and states. Based in Irvine, California, he is presently registered as a broker with Boustead Securities and serves as an investment advisor under Sutter Securities. His previous industry affiliations include roles at:
- Aegis Capital Corporation (2014-2019)
- I-Bankers Direct (2019-2023)
- IAA Financial, Gunnallen Financial, LH Ross & Company, Continental Broker-Dealer Corporation, Kimberly Securities, Seaboard Securities, Morgan Wilshire Securities
Mr. Lombardi has reportedly passed four key securities industry exams, including the Securities Industry Essentials (SIE), Series 24, Series 7, and Series 63. He holds licenses in 46 states—making him one of the more widely authorized advisors in the industry.
Customer Complaints & Regulatory Disclosures
Transparency is vital when considering a financial advisor. According to public FINRA BrokerCheck records, Brian Lombardi has one pending investor complaint on his record as of November 2025.
| Complaint Date | Allegation | Status | Firm Involved | Claimed Damages | Advisor’s Response |
|---|---|---|---|---|---|
| August 2025 | Recommended an unsuitable alternative investment | Pending | Aegis Capital Corporation | $99,500 | Deny all allegations; intends to seek judicious resolution. Activity in question occurred in 2017. |
This complaint specifically alleges that Mr. Lombardi, while representing Aegis Capital, engaged in the recommendation of unsuitable alternative investments to a client—raising important suitability concerns. The case remains unresolved, and the outcome may have implications for existing and prospective clients.
Understanding Suitability Rules & Investor Protection
The Financial Industry Regulatory Authority (FINRA) enforces strict rules for brokers and advisors, especially regarding investment suitability. Under FINRA Rule 2111 and Regulation Best Interest:
- Advisors must have a reasonable basis to believe that investment recommendations are suitable for clients.
- Suitability is determined after careful evaluation of a client’s individual profile, including age, experience, net worth, goals, and risk tolerance.
Failure to meet these standards can result in regulatory actions, customer losses, and permanent disclosure events on an advisor’s record.
Red Flags Investors Should Consider
- Pending Complaint: The unresolved complaint for a substantial sum ($99,500) related to alternative investments is a material consideration.
- Investment Suitability: Allegations of unsuitable product recommendations are considered serious by industry regulators.
- Multiple Firm Affiliations: While movement between firms isn’t uncommon, Lombardi’s lengthy list of affiliations over 25 years may warrant a closer look at each transition’s circumstances.
- Complex Products: Alternative investments can carry high risk, illiquidity, and fee structures that may not be appropriate for all investors.
How to Review a Broker’s Regulatory History
If you want the most in-depth, current information on Brian Lombardi, you can access his public record through FINRA:
- Visit FINRA BrokerCheck
- Search “Brian Lombardi” or “CRD 4227216” to view his profile, complaint history, and employment background.
- Review “Disclosure Information” for customer complaints, regulatory actions, arbitrations, and other material events.
For more comprehensive investigations—such as SEC orders and civil court cases—there are additional public resources. However, interpreting these disclosures can be challenging. That’s where an experienced law firm can help ensure your interests are protected.
Haselkorn & Thibaut: Supporting Investors Nationwide
Haselkorn & Thibaut (investmentfraudlawyers.com) is a national securities fraud law firm with 50+ years of experience, a 98% success rate, and millions recovered for clients.
- No recovery, no fee—you pay nothing unless we win a recovery on your behalf.
- Experience representing investors in claims involving brokers, investment firms, and complex products, including cases of alleged unsuitable investment recommendations like those reported in Mr. Lombardi’s record.
We are offering FREE and confidential consultations to any past or current investors with Brian Lombardi or those who have concerns about investments through Boustead Securities or Sutter Securities.
Take Action Today
If you have sustained investment losses or have questions about the suitability of recommendations made by Brian Lombardi or any other advisor, do not wait. Reach out to Haselkorn & Thibaut immediately at 1-888-994-8066 to schedule a consultation. Your call is confidential, your case is reviewed by experienced attorneys, and there are no fees unless we recover money for you.
Engaging with an experienced securities fraud law firm is a proactive way to ensure your investments and your future are safeguarded. Contact Haselkorn & Thibaut now—your peace of mind is our priority.
