Haselkorn & Thibaut Investigates San Diego Advisor Dominic Meyers of Cetera Wealth Services
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If you are working with, or considering working with, Dominic Meyers (CRD# 5107939)—a financial advisor currently registered with Cetera Wealth Services in San Diego, California—it is important to understand his background, client history, and any complaints or disclosures on his record. Haselkorn & Thibaut, a national securities fraud law firm with more than 50 years of experience and a 98% success rate, has opened an investigation into this advisor and invites investors to call 1-888-994-8066 for a free consultation.
Overview of Dominic Meyers’ Professional Background
Experience and Registrations
Dominic Meyers has nearly two decades of experience as a financial advisor. His registration history includes:
- Current Broker-Dealer: Cetera Wealth Services (since 2022)
- Current Investment Adviser: Cetera Investment Advisers (doing business as Lincoln Capital, since 2023)
- Prior Affiliations:
- Cetera Advisor Networks
- Independent Financial Group
- LPL Financial
- Tower Square Securities
He is licensed to serve clients in multiple states, including California, Arizona, Florida, Idaho, Indiana, Maine, New Mexico, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Utah, and Washington.
Mr. Meyers has passed several securities industry examinations, including the SIE, Series 7, Series 6, Series 65, and Series 63.
Client Complaints and Disclosures
A review of Mr. Meyers’ publicly available FINRA BrokerCheck record, along with additional research, identifies the following customer complaints and arbitrations:
Customer Complaints & Arbitrations
| Date Filed | Capacity & Firm | Allegations | Claimed Damages | Outcome/Status |
|---|---|---|---|---|
| October 2025 (pending) | Independent Financial Group (Representative) | Alleged recommendation of unsuitable non-traded REIT investment | $300,000 | Pending |
| 2017 | LPL Financial (Representative) | Breach of fiduciary duty, fraud, unfair business practices, negligence, violation of California law, unsuitability | $275,000 | Settled |
| January 2018 | Independent Financial Group (Representative) | Breach of fiduciary duty, unauthorized transactions, excessive trading | $50,000 | Advisor prevailed; no award to customer |
Complaint Summaries
-
Pending Complaint (October 2025):
Alleges Mr. Meyers recommended an unsuitable non-traded Real Estate Investment Trust (REIT) while at Independent Financial Group. The investor seeks $300,000 in damages. -
2017 Complaint (Settled):
Involves allegations of breach of fiduciary duty, fraud, negligence, unfair business practices, violations of California law, and unsuitable investments. The matter resolved in a $275,000 settlement. -
2018 Arbitration (Closed):
Claims included breach of fiduciary duty, unauthorized transactions, and excessive trading. The arbitrator ruled in favor of Mr. Meyers, and no award was made to the customer.
Why Non-Traded REITs Raise Concerns
Several of the complaints involve non-traded REITs, a category of investment that regulators frequently flag as higher risk for many investors. Common issues cited by regulators include:
-
Limited Liquidity:
Funds are often locked up for eight years or longer, making it difficult for investors to access their money. -
High Fees:
Non-traded REITs often involve substantial upfront commissions and ongoing fees, which can significantly reduce returns. -
Distribution Risks:
Some distributions may represent a return of principal rather than actual investment income, potentially misleading investors about performance. -
Suspension of Distributions:
Income payments can be halted or reduced, sometimes with little notice. -
Suitability Concerns:
These products can be inappropriate for many investors, particularly those who need short- or intermediate-term liquidity or have moderate risk tolerance.
Investors should carefully evaluate whether such products align with their financial goals, time horizon, liquidity needs, and risk tolerance before investing.
Regulatory and Legal Background
As of the most recent review, available public records indicate:
- No FINRA disciplinary actions or sanctions
- No SEC enforcement actions or civil injunctions
- No criminal disclosures
- No bankruptcies or civil judgments reported
- No additional lawsuits, investigations, or adverse media coverage beyond the customer complaints and arbitrations noted above
Investors should independently verify current information through official regulatory sources, as records may change over time.
Steps Investors Can Take to Protect Themselves
To help safeguard your investments:
-
Review Official Records:
Check your advisor’s background using tools like FINRA’s BrokerCheck. -
Ask Detailed Questions:
Before investing, request clear explanations of risks, fees, liquidity restrictions, and potential conflicts of interest—especially for complex or illiquid products like non-traded REITs. -
Seek a Second Opinion:
If you are unsure whether an investment is suitable, consider an independent review of your portfolio and the recommendations you have received. -
Document Everything:
Keep copies of account statements, investment proposals, emails, notes of conversations, and disclosure documents. -
Monitor Your Accounts and Advisor Status:
Regularly review your statements, trade confirmations, and regulatory records for any unexpected activity or changes.
Why Investors Are Turning to Haselkorn & Thibaut
Haselkorn & Thibaut is a national securities fraud and investment loss law firm with:
- 50+ years of combined experience
- A reported 98% success rate
- Millions of dollars recovered for investors nationwide
The firm focuses on representing investors in disputes involving brokerage firms, investment advisers, and complex products such as non-traded REITs and other alternative investments.
If you have concerns about investments made with Dominic Meyers, Cetera Wealth Services, Cetera Investment Advisers (Lincoln Capital), or his prior firms, or if you simply want an independent review of your portfolio and disclosures, you may wish to consult with Haselkorn & Thibaut.
Key Features of Their Representation:
- No Recovery, No Fee – You pay no attorneys’ fees unless there is a financial recovery.
- Free, Confidential Consultation – Initial case evaluations are conducted at no charge.
- Nationwide Representation – The firm represents investors across the United States.
Contact Information and Next Steps
If you believe you may have suffered losses or unsuitable recommendations related to investments with Dominic Meyers or the firms with which he has been associated, you can request a review of your situation.
- Call: 1-888-994-8066
- Consultation: Free, confidential, and focused on helping you understand your rights and options.
Taking prompt action and seeking qualified guidance can help you protect your financial future, clarify what occurred in your accounts, and determine whether you may have a claim for recovery.
If you have questions about investments involving Dominic Meyers, Cetera Wealth Services, or Lincoln Capital in San Diego or elsewhere, you are encouraged to reach out. Your consultation is private and may be an important first step toward a potential resolution.
