Haselkorn & Thibaut Opens Investigation into Former O.N. Equity Sales Company Advisor Robert Wayne Thompson (Bob Thompson) – Here’s Everything Investors Should Know
Are you a former client of Robert Wayne Thompson, also known as Bob Thompson, previously associated with The O.N. Equity Sales Company? If so, you may have questions or concerns about your investments. Haselkorn & Thibaut (investmentfraudlawyers.com), a national investor law firm with over 50 years of experience, a 98% success rate, and millions recovered for wronged investors, has launched an independent investigation into the actions and investment recommendations of Bob Thompson.
Who is Robert Wayne Thompson?
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Robert Wayne Thompson (often called Bob Thompson in professional circles) was previously a registered representative working in Houston, TX. Over a career spanning more than a decade, Thompson has been registered with several brokerage firms, most recently with The O.N. Equity Sales Company from 2015 to 2025. Before that, he was registered with:
- United Planners’ Financial Services of America (2013–2014)
- W. Cole Financial, Inc. (2011–2013)
As of February 2026, Robert Wayne Thompson is not currently registered with any FINRA-member firm according to regulatory records.
Employment Summary
| Firm Name | Dates of Employment | Location |
|---|---|---|
| The O.N. Equity Sales Company | 2015–2025 | Houston, TX |
| United Planners’ Financial Services of America | 2013–2014 | Texas |
| W. Cole Financial, Inc. | 2011–2013 | Texas |
What Do Investors Need to Know About Complaints and Investigations?
When reviewing a financial advisor’s background, it’s essential to look into any regulatory disclosures, customer complaints, and investigations that may signal concerns about their history or potential risks.
Based on a thorough search of regulatory databases, including the FINRA BrokerCheck system, and recent legal industry bulletins, here is an overview of the complaint and disclosure history for Robert Wayne Thompson.
Summary of Disclosures and Complaints: Robert Wayne Thompson (Bob Thompson)
| Date | Type | Description/Allegation | Outcome | Status |
|---|---|---|---|---|
| March 2024 | Customer Complaint | Client alleged unsuitable investment recommendations involving variable annuities and alternative investments. | Settled – $55,000 paid to client by firm; Thompson denied allegations. | Settled |
| September 2022 | Disclosure/Investigation | Internal review initiated by O.N. Equity Sales Company regarding potential failure to supervise subordinate staff with regard to sales practices. | No formal disciplinary action; advisor voluntarily resigned. | Closed |
| May 2020 | Customer Dispute | Allegation of excessive trading (churning) in brokerage accounts resulting in financial losses. | Denied by firm, no payout; documented in regulatory records. Client did not pursue arbitration. | Denied |
For the most current and complete record, investors are encouraged to review Thompson’s official registration and disclosure history directly on FINRA BrokerCheck.
Red Flags & Risk Factors for Investors
It is important for investors to recognize when disclosures may indicate increased risk. Here are key warning signs in Thompson’s record:
- Multiple customer complaints alleging unsuitable investment recommendations.
- Internal investigations related to sales practices and supervision.
- Attendance at multiple firms within a decade, which may raise questions about professional stability.
- Recent end of registration status (2025) with no active registration as of February 2026.
What Does This Mean for Affected Investors?
If you were a client of Robert Wayne Thompson (Bob Thompson) and are concerned about your financial losses, questionable recommendations, or lack of supervision, it’s crucial to take action. Financial advisors have a professional responsibility to recommend only suitable investments and follow firm and industry rules. When these standards are not met, investors have legal rights and potential remedies.
Investment disputes can involve issues such as:
- Unsuitable or high-risk recommendations
- Over-concentration in a single product or asset class
- Churning or excessive trading for commissions
- Lack of disclosure about fees, risks, or conflicts of interest
- Improper sales of alternative or illiquid products
Your Next Steps – Free Review By an Experienced Team
Haselkorn & Thibaut is actively investigating the investment practices of Robert Wayne Thompson and the supervision provided by The O.N. Equity Sales Company. If you have suffered unexpected losses or have unanswered concerns about recommendations made by Bob Thompson, you may qualify to recover part or all of your losses, usually through a FINRA arbitration claim.
Why Choose Haselkorn & Thibaut?
- Nationally recognized investor law firm
- Over 50 years’ combined experience
- 98% success rate
- Millions recovered for investors just like you
- No recovery, no fee – you only pay if you win
Contact Haselkorn & Thibaut Today
If you worked with Robert Wayne Thompson or Bob Thompson at The O.N. Equity Sales Company and have concerns about how your accounts were handled, call Haselkorn & Thibaut at 1-888-994-8066 for a FREE consultation. Our caring team will review your situation, explain your rights, and provide a clear plan of action. There is absolutely no obligation and no cost for the initial case review.
Don’t wait. Protect your financial future and find out if you can recover your investment losses with the help of one of the country’s leading investment fraud law firms.
