Have you lost money with Brooklyn Chandler Willy or Texas Financial Advisory? If you invested with San Antonio financial advisor Brooklyn Chandler Willy—including through Texas Financial Advisory, Queen B Advisors LLC, or related entities—you may have legal rights to recover your losses. This article examines the regulatory sanctions, customer complaints, employment terminations, and recent federal fraud allegations involving Brooklyn Chandler Willy.
Who Is Brooklyn Chandler Willy?
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Brooklyn Chandler Willy (also known as Brooklyn Chandler, CRD #5724422) is a San Antonio, Texas-based financial advisor and radio host who has been associated with multiple investment advisory and insurance entities, including:
- Texas Financial Advisory
- Queen B Advisors LLC (managing member)
- Texas Estate Advisory LLC (CEO)
- Texas Insurance Advisory LLC (CEO)
- Texas Tax Advisory LLC (CEO)
According to public regulatory records, Brooklyn Chandler Willy previously worked with:
- TCFG Investment Advisors
- Global Financial Private Capital
- J.W. Cole Advisors
Investors who worked with Brooklyn Chandler Willy at Texas Financial Advisory or any of these firms should be aware of serious regulatory issues, customer disputes, and recent criminal allegations that may affect their investments.
Texas State Securities Board Sanctions Against Brooklyn Chandler Willy
One-Year Suspension and $2.75 Million Commission Refund
In October 2020, the Texas State Securities Board (TSSB) took disciplinary action against Brooklyn Chandler Willy, resulting in:
- One-year suspension of her investment adviser registration (October 2020 – October 2021)
- Agreement to refund $2,750,000 in commissions wrongfully collected from the sale of alternative investments
- Five-year prohibition on exercising discretionary trading authority over client accounts (effective October 16, 2020)
Findings: Unsuitable Alternative Investment Recommendations
The Texas State Securities Board found that Brooklyn Chandler Willy recommended that individuals invest a significant portion of their liquid net worth in alternative investments without a reasonable basis for doing so, which the regulator determined constituted an “inequitable practice in rendering services as an investment adviser.”
This finding is particularly concerning for investors who:
- Were recommended to concentrate their portfolios in non-traded REITs, private placements, interval funds, or other illiquid alternative investments
- Were retirees or conservative investors who needed liquidity and income
- Were not adequately informed about the risks, fees, illiquidity, and conflicts of interest associated with these products
If you invested with Brooklyn Chandler Willy at Texas Financial Advisory or Queen B Advisors and suffered losses in alternative investments, the Texas State Securities Board’s findings may support your claim for recovery.
Brooklyn Chandler Willy Terminated by J.W. Cole Advisors
Discharge for Unapproved Private Securities Transactions
According to public regulatory disclosures, J.W. Cole Advisors discharged Brooklyn Chandler Willy in October 2019 for:
- Violation of firm policies regarding participation in unapproved private securities transactions
“Private securities transactions” (sometimes called “selling away”) occur when a financial advisor sells investments outside their firm’s approved product list, often without proper supervision or disclosure. These transactions can expose investors to:
- Higher risks and less regulatory oversight
- Conflicts of interest not disclosed to the investor
- Illiquid investments that cannot be easily sold
- Fraudulent schemes or Ponzi-like structures
If you purchased private placements, alternative investments, or other products through Brooklyn Chandler Willy while she was at J.W. Cole Advisors, Global Financial Private Capital, or Texas Financial Advisory, you may have been exposed to these risks.
Customer Complaints Against Brooklyn Chandler Willy
$300,000 Breach of Fiduciary Duty Claim
In May 2021, a customer of Global Financial Private Capital filed a claim with the American Arbitration Association seeking $300,000 in damages against Brooklyn Chandler Willy, alleging:
- Breach of fiduciary duty in connection with investment recommendations and account handling
This customer dispute was reported as pending as of the most recent public disclosures.
What Is Breach of Fiduciary Duty?
A breach of fiduciary duty claim alleges that a financial advisor failed to act in the client’s best interests. Common examples include:
- Recommending investments primarily because they pay high commissions to the advisor
- Over-concentrating a client’s portfolio in risky or illiquid alternative investments
- Failing to disclose conflicts of interest, fees, or material risks
- Ignoring the client’s risk tolerance, age, income needs, or investment objectives
- Making unsuitable recommendations that do not align with the client’s financial situation
If you believe Brooklyn Chandler Willy or Texas Financial Advisory breached their fiduciary duty to you, you may have grounds for a claim in FINRA arbitration or another forum.
Federal Fraud Charges Against Brooklyn Chandler Willy
Allegations of Misusing Over $3 Million in Client Funds
In February 2025, federal prosecutors brought new charges against Brooklyn Chandler Willy in connection with an ongoing fraud investigation. According to a report by ThinkAdvisor, the Texas advisor and radio host is accused of:
- Using over $3 million in client funds for her own benefit and for payments to other investors
- Producing false documents in response to a grand jury subpoena
- Being released on a $40,000 bond with several conditions
What This Means for Investors
While criminal charges are allegations and not proof of guilt, the nature of the conduct described—misuse of client funds and falsification of documents—raises serious red flags for investors who entrusted their money to Brooklyn Chandler Willy and Texas Financial Advisory.
If these allegations are proven, they may indicate:
- Ponzi-like activity, where new investor funds were used to pay earlier investors
- Conversion or theft of client assets
- Fraudulent misrepresentation about how client funds were being invested or managed
Investors who suffered losses may have stronger claims for recovery in light of these federal allegations.
Common Investment Problems Involving Brooklyn Chandler Willy and Texas Financial Advisory
Based on the regulatory findings, customer complaints, and federal allegations, investors who worked with Brooklyn Chandler Willy may have experienced one or more of the following problems:
1. Over-Concentration in Alternative Investments
The Texas State Securities Board specifically found that Brooklyn Chandler Willy recommended clients invest a significant portion of their liquid net worth in alternative investments without a reasonable basis. Common alternative investments that generate investor complaints include:
- Non-traded REITs (real estate investment trusts)
- Interval funds and non-traded BDCs (business development companies)
- Private placements and Regulation D offerings
- Structured products and complex annuities
- Oil and gas partnerships
- Tenant-in-common (TIC) and Delaware Statutory Trust (DST) investments
These products are often:
- Illiquid – difficult or impossible to sell quickly
- High-commission – generating large upfront payouts for the advisor (often 5-10% or more)
- Complex and opaque – hard for investors to understand
- Risky – subject to significant loss of principal
2. Unsuitable Investment Recommendations
An investment recommendation is unsuitable if it does not align with the investor’s:
- Risk tolerance and investment objectives
- Age, income, and net worth
- Liquidity needs and time horizon
- Tax situation and estate planning goals
If Brooklyn Chandler Willy or Texas Financial Advisory recommended alternative investments that were unsuitable for your situation, you may have a claim for damages.
3. Failure to Disclose Conflicts of Interest
Financial advisors have a duty to disclose material conflicts of interest, including:
- High commissions or compensation received for selling certain products
- Proprietary products or investments where the advisor or firm has a financial interest
- Revenue-sharing arrangements with product sponsors
- Referral fees or kickbacks
If Brooklyn Chandler Willy failed to disclose how much she was being paid to recommend alternative investments, or if she had other undisclosed conflicts, this may constitute a breach of fiduciary duty.
4. Misuse of Client Funds
The recent federal allegations suggest that Brooklyn Chandler Willy may have misused over $3 million in client funds. If true, this could mean:
- Client money was not invested as promised
- Funds were used for the advisor’s personal benefit
- A Ponzi-like scheme was operating, where new investor money was used to pay returns to earlier investors
If you cannot access your funds, have received suspicious account statements, or believe your money was misappropriated, you should consult with an investment fraud attorney immediately.
Who May Have a Claim Against Brooklyn Chandler Willy or Texas Financial Advisory?
You may have a potential claim if you:
- Invested with Brooklyn Chandler Willy, Texas Financial Advisory, Queen B Advisors, or related entities
- Suffered investment losses or have illiquid investments you cannot sell
- Were recommended to invest a large percentage of your portfolio in alternative investments
- Were not adequately informed about risks, fees, liquidity restrictions, or conflicts of interest
- Are a retiree or conservative investor who was placed in high-risk, illiquid products
- Cannot access your funds or have received suspicious account statements
- Were affected by the conduct described in the Texas State Securities Board order or the federal fraud allegations
Even if your investments have not gone to zero, you may still have a claim if:
- Your portfolio underperformed what a suitable, diversified portfolio would have earned
- You suffered opportunity costs by being locked into illiquid investments
- You were charged excessive fees or commissions
Legal Options for Investors Who Lost Money With Brooklyn Chandler Willy
FINRA Arbitration
Most investment accounts are subject to mandatory arbitration through the Financial Industry Regulatory Authority (FINRA). FINRA arbitration is the primary forum for resolving disputes between investors and:
- Brokerage firms and broker-dealers
- Registered representatives and investment adviser representatives
- Financial advisors and wealth managers
In FINRA arbitration, investors can seek recovery for:
- Investment losses and damages
- Lost opportunity costs
- Emotional distress (in some cases)
- Attorney’s fees and costs (if awarded by the arbitration panel)
American Arbitration Association (AAA)
Some investment advisory accounts may be subject to arbitration through the American Arbitration Association (AAA) rather than FINRA. The customer complaint filed against Brooklyn Chandler Willy in May 2021 was reportedly filed with the AAA.
Civil Litigation
In some cases, investors may be able to pursue claims in state or federal court, particularly if:
- The account agreement does not contain a mandatory arbitration clause
- The claims involve fraud, theft, or criminal conduct
- Multiple investors are affected and a class action may be appropriate
Claims Against Supervising Firms
In addition to claims against Brooklyn Chandler Willy individually, investors may also have claims against the brokerage firms and investment advisory firms that employed her and were responsible for supervising her activities, including:
- Texas Financial Advisory
- Queen B Advisors LLC
- Global Financial Private Capital
- J.W. Cole Advisors
- TCFG Investment Advisors
Firms can be held liable for failure to supervise if they:
- Did not have adequate policies and procedures in place
- Ignored red flags or warning signs of misconduct
- Failed to properly review client accounts and transactions
- Allowed the advisor to engage in unapproved private securities transactions or other prohibited conduct
Time Limits: Act Quickly to Preserve Your Rights
Important: Securities fraud and investment loss claims are subject to strict time limits, including:
- Statutes of limitation under state and federal law (typically 2-6 years)
- FINRA eligibility rules (generally 6 years from the date of the transaction or occurrence)
- Contractual limitations in account agreements
If you wait too long, you may lose your right to seek recovery—even if the underlying misconduct was clearly improper.
For this reason, it is critical to consult with an experienced investment fraud attorney as soon as you suspect something is wrong with your investments or your relationship with Brooklyn Chandler Willy or Texas Financial Advisory.
How Haselkorn & Thibaut Can Help Investors Recover Losses
Haselkorn & Thibaut, P.A. is a law firm dedicated to representing investors in securities arbitration and investment fraud cases nationwide. The firm’s attorneys have extensive experience with:
- Alternative investment fraud and private placement losses
- Unsuitable investment recommendations and over-concentration claims
- Breach of fiduciary duty and negligence by financial advisors
- Ponzi schemes, misappropriation of funds, and advisor theft
- FINRA arbitration, AAA arbitration, and court litigation
Free Case Evaluation for Brooklyn Chandler Willy Investors
If you lost money with Brooklyn Chandler Willy, Texas Financial Advisory, Queen B Advisors, or related entities, Haselkorn & Thibaut can:
- Review your account statements, investment documents, and communications
- Analyze suitability, concentration, disclosure, and supervision issues
- Evaluate potential claims against the advisor and supervising firms
- Pursue recovery through FINRA arbitration, AAA arbitration, or litigation
- Handle your case on a contingency-fee basis (no recovery, no attorney’s fees in most cases)
Contact Haselkorn & Thibaut for a Free, Confidential Consultation
If you are concerned that you were misled about the risks of your investments, over-concentrated in alternative products, or otherwise harmed by Brooklyn Chandler Willy or Texas Financial Advisory, you do not have to face this alone.
Contact Haselkorn & Thibaut, P.A. today for a free, confidential consultation to discuss your situation and learn more about your legal rights and options for recovering your investment losses.
Visit investmentfraudlawyers.com or call to speak with an experienced investment fraud attorney.
Frequently Asked Questions About Brooklyn Chandler Willy and Texas Financial Advisory
Was Brooklyn Chandler Willy sanctioned by regulators?
Yes. In October 2020, the Texas State Securities Board suspended Brooklyn Chandler Willy’s investment adviser registration for one year and ordered her to refund $2.75 million in commissions related to unsuitable alternative investment recommendations.
What did the Texas State Securities Board find?
The TSSB found that Brooklyn Chandler Willy recommended that clients invest a significant portion of their liquid net worth in alternative investments without a reasonable basis, which constituted an inequitable practice.
Was Brooklyn Chandler Willy terminated by a previous firm?
Yes. J.W. Cole Advisors discharged Brooklyn Chandler Willy in October 2019 for violation of firm policies regarding participation in unapproved private securities transactions.
Are there customer complaints against Brooklyn Chandler Willy?
Yes. In May 2021, a customer filed a claim seeking $300,000 in damages, alleging breach of fiduciary duty by Brooklyn Chandler Willy.
What are the federal fraud allegations against Brooklyn Chandler Willy?
In February 2025, federal prosecutors charged Brooklyn Chandler Willy with allegedly misusing over $3 million in client funds for her own benefit and for payments to other investors, and with producing false documents in response to a grand jury subpoena.
What types of investments did Brooklyn Chandler Willy recommend?
Based on regulatory findings, Brooklyn Chandler Willy recommended alternative investments, which may have included non-traded REITs, private placements, interval funds, structured products, and other illiquid, high-commission products.
Can I recover my losses if I invested with Brooklyn Chandler Willy?
You may be able to recover losses through FINRA arbitration, AAA arbitration, or litigation if you can demonstrate that the investments were unsuitable, that the advisor breached their fiduciary duty, or that there was fraud or misappropriation of funds.
How long do I have to file a claim?
Time limits vary, but FINRA arbitration claims generally must be filed within 6 years of the transaction or occurrence. State law statutes of limitation may be shorter. Do not delay—consult with an attorney as soon as possible.
Does it cost money to speak with an investment fraud lawyer?
Most investment fraud law firms, including Haselkorn & Thibaut, offer a free, confidential consultation to evaluate your case. Many cases are handled on a contingency-fee basis, meaning you typically do not pay attorney’s fees unless there is a recovery.
Conclusion: Protect Your Rights as an Investor
If you invested with Brooklyn Chandler Willy, Texas Financial Advisory, Queen B Advisors LLC, or related entities and have suffered losses, experienced illiquidity, or have concerns about how your money was handled, it is important to understand your legal rights.
The Texas State Securities Board sanctions, employment termination, customer complaints, and federal fraud allegations involving Brooklyn Chandler Willy raise serious questions about the suitability of investment recommendations, conflicts of interest, and potential misuse of client funds.
Haselkorn & Thibaut, P.A. is here to help investors recover their losses. Contact us today for a free, confidential consultation at investmentfraudlawyers.com.
