Investor Alert: Haselkorn & Thibaut Investigates Libertad M. Ortiz Contreras of Flourish Financial LLC, New York, NY
Table of Contents
Are you an investor who worked with Libertad Mahany Ortiz Contreras (CRD #4649349) at Flourish Financial LLC in New York, NY or at any of her previous firms? Haselkorn & Thibaut—a national securities fraud law firm with a 98% success rate and over 50 years of experience—has launched an investigation into this financial advisor’s practices. If you have concerns about your investments, call 1-888-994-8066 for a free, confidential consultation and learn your options for potential recovery of losses.
Who Is Libertad Mahany Ortiz Contreras?
Libertad Ortiz Contreras, also known as Libertad Ortiz, is a registered financial advisor and stockbroker. She is currently affiliated with Flourish Financial LLC, located at 2 Park Avenue, 11th Floor in New York, NY, and has been registered there since April 26, 2019.
Key professional details:
- CRD Number: 4649349
- License: FINRA General Securities Representative; also approved as General Securities Principal and Operations Professional
- Active Registration: Flourish Financial LLC – Investment Adviser Representative
- Prior Affiliations: Raymond James Financial Services Advisors, Inc.; Raymond James Financial Services, Inc.; Financial Network Investment Corporation
- Other Investment-Related Roles: Massachusetts Mutual Life Insurance Company; Stone Ridge Asset Management LLC; United Nations Federal Credit Union
Summary of Complaints and Issues: What Investors Need to Know
Investors deserve a complete and unbiased picture of their advisor’s regulatory and complaint history. Here’s a concise report on Libertad M. Ortiz Contreras’s track record, with a focus on red flags and key complaints.
Notable Client Complaint and Settlement
-
Northstar Financial Services (Bermuda) Product Complaint: In 2015, while at Raymond James, Libertad Ortiz Contreras allegedly sold a client an investment in Northstar Financial Services (Bermuda) Ltd. The client filed a complaint alleging that both Raymond James and United Nations Federal Credit Union did not conduct proper due diligence on the product.
Resolution: The matter was settled for $120,000 in July 2023.
Allegations included: Unsuitability of the recommended investment and alleged failure to perform adequate due diligence.
Employment Separation Following Internal Investigation
- Discharge from Raymond James (02/02/2018): Ortiz Contreras was discharged while under internal investigation concerning (1) an attempt to correct an offshore trust rate misquote without management approval, and (2) sending emails soliciting offshore trusts that the firm deemed “not fair and balanced.”
Allegations of Broker Misconduct
The following issues have been raised in connection with Ms. Ortiz Contreras’s roles:
- Failure to Conduct Adequate Due Diligence on investment products
- Unsuitable recommendations of complex/alternative products
- Communications and marketing materials that may not meet fair and balanced standards
Regulatory and Disclosure Record (as of mid-2024)
According to FINRA BrokerCheck*, there are currently:
- No customer complaints or arbitration awards showing on her public record
- No disciplinary actions, regulatory orders, or pending investigations disclosed
- Current active registration with Flourish Financial LLC
*To independently verify current regulatory disclosures or updates, visit FINRA BrokerCheck and search using CRD #4649349 or “Libertad Ortiz Contreras”.
Prior Employers: Timeframes & Background
| Firm | Dates | Role or Notes |
|---|---|---|
| Flourish Financial LLC | 04/2019–Present | Investment Adviser Representative |
| Massachusetts Mutual Life Insurance Company | 02/2021–Present | Employee (investment-related) |
| Stone Ridge Asset Management LLC | 04/2019–02/2021 | Employee |
| Raymond James Financial Services Advisors, Inc. | 01/2018–02/2018 | Financial Advisor |
| Raymond James Financial Services, Inc. | 01/2004–02/2018 | Financial Advisor |
| Financial Network Investment Corporation | 06/2003–01/2004 | Representative |
| United Nations Federal Credit Union | 09/2001–02/2018 | Financial Advisor |
What This Means for Investors: Red Flags and Next Steps
Why is this important for investors? Even a single complaint or settlement can signal risk, especially when related to alternative investments or allegedly complex products like Northstar Bermuda. Unapproved communications and unbalanced marketing, coupled with an involuntary termination, warrant a careful review of your accounts.
If you worked with Libertad Ortiz Contreras at Flourish Financial LLC or any of her prior firms, you may want to:
- Review your account statements for unusual or unauthorized trades
- Check for high-fee, illiquid, or unsuitable products
- Contact an experienced law firm to evaluate whether your investments were appropriate given your goals, risk tolerance, and disclosures made to you
How Haselkorn & Thibaut Can Help
Haselkorn & Thibaut (investmentfraudlawyers.com) has a 98% success rate recovering millions for investors nationwide. No recovery, no fee. Their team offers a free, private portfolio review and can help you understand your options through FINRA arbitration or other investor recovery channels.
Time is critical: There are often strict deadlines to recover investment losses.
Get a Free Consultation Today
Call Haselkorn & Thibaut now at 1-888-994-8066 to discuss your situation with an experienced investment fraud lawyer. There’s no charge and no obligation. Protect your rights as an investor—your consultation is confidential, and if you choose to move forward, you do not pay unless they recover funds for you.
Key Takeaways for Investors
- Your advisor’s regulatory, complaint, and employment history matters—one red flag may prompt a thorough account review.
- If you invested in Northstar Financial Services (Bermuda) or other complex/offshore offerings with Ms. Ortiz Contreras, you may be eligible to recover damages.
- Haselkorn & Thibaut is currently investigating this advisor and offers risk-free, confidential consultations for concerned clients.
Your financial security is too important to leave questions unanswered. To check your advisor’s current disclosure record, visit FINRA BrokerCheck and enter “Libertad Ortiz Contreras” or CRD #4649349.
Ready to take action? Contact Has
