Investigation Launched into Jon Paul Cirelli of Alexander Capital for Investor Concerns

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Haselkorn & Thibaut Launches Investigation into Jon Paul Cirelli of Alexander Capital, L.P.: What Investors Need to Know

Last Updated: March 2026 — West Palm Beach, FL

Are you considering investing with, or have you already invested with, Jon Paul Cirelli (CRD #4729737)? Haselkorn & Thibaut — a nationally recognized investment fraud law firm with over 50 years of experience, a 98% success rate, and millions recovered for clients — has begun an investigation into Jon Paul Cirelli, currently associated with Alexander Capital, L.P. and Alexander Capital Wealth Management LLC.

About Jon Paul Cirelli

Name: Jon Paul Cirelli
CRD Number: 4729737
Current Broker-Dealer: Alexander Capital, L.P.
Current RIA: Alexander Capital Wealth Management LLC
Prior Firms: Great Point Capital LLC (2023–2025)
Great Point Advisors, LLC (2025)
Coastal Equities, Inc.
Additional firms as listed on FINRA BrokerCheck
Location: West Palm Beach, FL

Regulatory & Complaint History

Below, you’ll find a thorough overview of Jon Paul Cirelli’s publicly available regulatory disclosures, complaints, and any relevant legal matters, compiled from independent research and public records. Transparency is crucial when choosing a financial advisor. Investors deserve to know the full picture.

Summary Table of Complaints & Disclosures


Date Nature of Disclosure Status/Outcome
2024 Customer Complaint (Alleged Unsuitable Investments) Dismissed
2023 Customer Dispute (Failure to Follow Instructions) Withdrawn
2022 Regulatory Investigation No Formal Action

Key Red Flags and Topics for Investors

  • Suitability Concerns: Several complaints alleged unsuitable investment recommendations. While some complaints were dismissed or withdrawn, the pattern may signal a broader issue. Be cautious if you felt pressured or received strategies beyond your risk tolerance.
  • Regulatory Investigations: Cirelli has been referenced in past regulatory reviews. Even if no formal disciplinary measures resulted, an investigation by authorities can indicate compliance or supervision issues that should not be overlooked.
  • Firm Transitions: In recent years, Cirelli has moved between numerous firms — including Great Point Capital LLC and Coastal Equities, Inc. — prior to his current role at Alexander Capital, L.P. Frequent moves can occasionally indicate advisor or team instability.
  • Disclosure Transparency: Reviewing your advisor’s BrokerCheck file is vital for an accurate view of their background and customer feedback. Always research your advisor’s past and present regulatory status.

Understanding Complaints, Disputes, and Outcomes

Complaints listed above may not always result in findings of misconduct. Some are dismissed; others withdrawn or resolved without adverse findings. However, patterns of similar complaints by multiple clients can offer important information about potential risk factors. If you ever question the suitability of your investments or the conduct of your broker, consult an independent attorney.

Tips for Investors Working with Jon Paul Cirelli or Alexander Capital, L.P.

  • Review Trade Confirmations: Regularly review your monthly statements and trade confirmations for unauthorized activity or trades you do not recognize.
  • Document Communication: Maintain copies of written communication with your broker and document relevant phone calls or meetings.
  • Assess Account Performance: Compare your actual results with initial projections or risk/return expectations discussed at the onset of the relationship.
  • Ask for Written Explanations: If you receive recommendations for complex or high-risk products, always request a written explanation of their risks and benefits.
  • Check Regulatory Records: Periodically check your advisor’s record on FINRA BrokerCheck for newly disclosed events or changes.

Why Choose Haselkorn & Thibaut?

Haselkorn & Thibaut is comprised of former investment advisors and securities regulators, giving clients the benefit of insight from both sides of the table. With a 98% success rate and a simple “no recovery, no fee” guarantee, investors trust our team to help recover losses due to unsuitable investment recommendations, misrepresentations, or broker misconduct.

What Should You Do Next?

If you have concerns about your investments with Jon Paul Cirelli or Alexander Capital, L.P. — including unsuitable recommendations, unauthorized trades, or lack of communication — you are not alone. Even if your previous complaints were dismissed or unresolved, an independent review may uncover grounds for recovery. Haselkorn & Thibaut can help.

Get a free, confidential case review with our experienced securities attorneys today. There is no obligation, and you pay nothing unless we recover funds for you. Call Haselkorn & Thibaut now at 1-888-994-8066 or visit investmentfraudlawyers.com for your free consultation.

If you have concerns about the conduct of your broker or encounter red flags, don’t wait. Your consultation is free, confidential, and handled by a team with decades of experience fighting for investors nationwide.


This content is for informational purposes only and is not a substitute for legal advice. For a current regulatory file or to research additional background information, visit FINRA BrokerCheck.

Disclaimer: The information contained in any post on this website is derived from publicly available sources and is not guaranteed as to accuracy and often involves allegations which may or may not be proven at some point in the future. All posts are believed to be accurate as of the time of original posting, but the accuracy and details are subject to and expected to change over time and which may contain opinions of the author at the time posted.
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