Haselkorn & Thibaut has officially opened an investigation into Matthew Hurley (CRD# 1682165), a San Diego, California-based financial advisor registered with Independent Financial Group and doing business as Hurley Wealth Management. If you have concerns about your investment losses or have worked with Mr. Hurley, this research-backed report provides a detailed, unbiased review to help you understand any potential red flags, his official complaint history, and your rights as an investor.
Who Is Matthew Hurley?
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With a lengthy career spanning 38 years in the securities industry, Matthew Hurley is a well-known financial advisor based in San Diego, California. He currently operates under Independent Financial Group (doing business as Hurley Wealth Management). His registration credentials include:
- Broker and Investment Advisor with Independent Financial Group since 2020
- Past affiliations with prominent firms: Wells Fargo Clearing Services, Oppenheimer & Company, Merrill Lynch, Prudential Securities, AG Edwards & Sons, Painewebber, and Blinder Robinson & Company
- Successfully passed key securities industry qualifying exams: SIE, Series 65, Series 63, and Series 7
- Licensed in multiple states, including: Arizona, California, Colorado, Florida, Maryland, Minnesota, Mississippi, New Jersey, Oregon, Texas, Virginia, and Washington
This extensive background underscores his deep experience within the industry, but also highlights the importance of examining his record thoroughly.
Complaints and Disclosures: Full List Against Matthew Hurley
Investors want transparency about their financial advisor’s regulatory and complaint history. Below is a summary of the disclosed customer complaints and relevant details regarding Matthew Hurley:
| Date Filed | Allegations | Firm (at time of allegation) | Status/Outcome | Claimed Damages |
|---|---|---|---|---|
| December 2025 | Recommendation of “highly risky, foreign, concentrated, and not suitable” investments | Independent Financial Group (Hurley Wealth Management) |
Pending “Initial investigation did not uncover evidence to support the allegations.” Firm intends to defend the claim. |
$206,000 |
| 2015 | Charged excessive commissions and failed to implement a stop loss order | Oppenheimer & Company | Settled | $15,000 |
| 1996 | Failed to follow instructions regarding options sales | Prudential Securities | Settled | $14,999 |
While the industry average for such complaints varies, it’s important for investors to review the details and outcomes of each dispute. Specifically, the most recent pending 2025 complaint alleges unsuitable investment recommendations totaling $206,000 in damages. Earlier complaints, dating back to 2015 and 1996, involved settlements in the range of $15,000 each for claims of excessive commissions and failure to follow trading instructions, respectively.
Current Regulatory Status
As of the most recent research (mid-2024), publicly available records on FINRA’s BrokerCheck indicate:
- No regulatory actions, arbitrations, or lawsuits against Matthew Hurley or Hurley Wealth Management.
- No reported bankruptcies or financial events linked to Mr. Hurley.
- No SEC enforcement actions or state-level disciplinary actions surfaced in the research.
However, keep in mind that complaints and regulatory matters may surface after the cut-off date, and all investors should regularly review these records.
What Should Investors Look for? Red Flags and Vigilance
While the presence of complaints does not automatically indicate wrongdoing, it’s important to:
- Monitor for patterns of unsuitable investment recommendations, especially risky or concentrated positions that do not match your stated goals and risk tolerance.
- Assess whether investments recommended by your advisor align with your financial profile, risk tolerance, and stated objectives.
- Stay engaged by reviewing account statements and flagging any irregular account activity or lack of transparency from your advisor.
- Be proactive—seek professional help if you’ve suffered unexpected or unexplained losses.
The Importance of Free, Experienced Legal Review
If you have suffered losses with Matthew Hurley or Independent Financial Group, or if you have concerns about recommendations made by your financial advisor, obtaining an independent review is a wise next step. Haselkorn & Thibaut (investmentfraudlawyers.com) is a national securities fraud law firm with over 50 years of experience, a 98% success rate, and millions recovered for clients. Whether your case involves allegations of unsuitable investments, high commissions, or failure to follow instructions, Haselkorn & Thibaut can provide:
- A no-cost, confidential consultation to discuss your situation in detail
- Case review by seasoned attorneys—there is no fee unless you recover
- Expert guidance every step of the process
It is crucial to act promptly, as time limits (statutes of limitation) apply to most investment-related claims.
How to Stay Informed and Take Action
As an investor, your financial security matters. Here’s a quick summary of best practices to protect yourself:
- Regularly verify your advisor’s regulatory record through FINRA’s BrokerCheck and other official channels.
- If you suspect unsuitable investment advice or have suffered unexplained losses, seek experienced legal counsel immediately.
- For peace of mind, schedule a free confidential consultation with the professionals at Haselkorn & Thibaut.
Your financial future is too important to leave to chance. If you’ve worked with Matthew Hurley or Hurley Wealth Management (Independent Financial Group) and have any questions or concerns about your investments, call Haselkorn & Thibaut today at 1-888-885-7162 or visit their website for a no-obligation case evaluation. Let their experience work for you and help you achieve the best possible outcome.
