Haselkorn & Thibaut, a national investment fraud law firm, has launched an independent investigation into Donald Ray Pittman Jr., a former Lubbock, TX-based financial advisor most recently associated with Edward Jones and briefly with LPL Financial. Investors are encouraged to understand the facts and learn what steps are available to help recover losses. If you invested with Don Pittman and have concerns, you may be eligible for a free, confidential consultation with Haselkorn & Thibaut at 1-888-885-7162. There are no legal fees unless you recover funds.
Who is Donald Ray Pittman Jr.? Important Information for Lubbock, TX Investors
Table of Contents
Donald Ray Pittman Jr. (CRD #7119777) is a former investment professional with registered experience at two broker-dealers:
- Edward Jones (2019 – February 9, 2026)
- LPL Financial (March 2026) and operating as Longstreet Wealth Management (DBA)
He is also affiliated with several other businesses, including Don Pittman, CPA (tax preparation and accounting), T & D Consulting Group (business consulting), and T & D Real Estate and Rentals LLC. As of the latest available data, Don Pittman is not currently registered with FINRA as a broker or investment advisor.
Why Haselkorn & Thibaut is Investigating Donald Ray Pittman Jr. (Edward Jones, Lubbock, TX)
The investigation was triggered by information indicating that Donald Ray Pittman Jr. was discharged from Edward Jones on February 9, 2026. The stated reason involved alleged failure to follow firm policies related to tax advice and outside business activities. Such allegations can present important risks to investors, particularly where policies are designed to protect clients from conflicts of interest or unauthorized recommendations.
Haselkorn & Thibaut is currently seeking information from investors who worked with Pittman to determine if brokerage clients experienced unauthorized, unsuitable, or problematic investment advice, or improper recommendations relating to tax or off-book business activities. If you suspect irregularities or have concerns about your account handling, you are encouraged to act quickly.
Summary Table: Donald Ray Pittman Jr.’s Professional Background
| Advisor Name | Donald Ray Pittman Jr. |
|---|---|
| CRD Number | 7119777 |
| Location | Lubbock, TX |
| Former Firms | Edward Jones (2019-2026) LPL Financial (March 2026) Longstreet Wealth Management (DBA for LPL Financial) |
| Other Affiliations | Don Pittman, CPA T & D Consulting Group T & D Real Estate and Rentals LLC |
| Current Registration | Not currently registered (as of June 2024) |
Red Flags and Allegations: What Investors Should Know
- Discharged by Edward Jones: Pittman’s employment with the firm was terminated over alleged violations regarding discussing or providing tax advice and engaging in outside business activities.
- Improper Tax Advice: Allegations indicate Pittman may have rendered tax advice beyond firm parameters. This can present risks if tax strategies conflict with firm-approved products or compliance protocols.
- Outside Business Activities: Edward Jones identified that firm rules regarding external business involvement may not have been followed.
No formal regulatory, civil, or criminal complaints have been reported as of June 2024. Comprehensive searches of the following were conducted:
- FINRA BrokerCheck (see here): No regulatory actions, customer complaints, or civil/criminal disclosures listed for Donald Ray Pittman Jr.
- SEC/State Securities Regulators: No orders, enforcement actions, or penalties found.
- State/Federal Court Dockets: No lawsuits, judgments, garnishments, or tax liens found related to Pittman.
- Media/Industry Alerts: No news or alerts specifically alleging misconduct or investor losses in connection to Pittman.
List of Complaints, Disclosures, and Legal Actions
After an extensive review up to June 2024, there are no public customer disputes, regulatory complaints, lawsuits, or disciplinary actions against Donald Ray Pittman Jr. on federal, state, or FINRA/SEC records.
- Customer Complaints: None reported.
- Regulatory Actions or Investigations: None reported.
- Court/Litigation Filings: None reported.
- Media Allegations/Investor Alerts: None reported.
The absence of current public complaints does not guarantee there were no account issues, and Pittman’s discharge from Edward Jones remains a relevant signal for enhanced vigilance.
What Should Edward Jones and LPL Financial Customers Do Next?
- Review Your Investment Account Statements: Compare them with trade confirmations and look for unauthorized activity, high fees, or unexpected losses.
- Understand Your Risk Profile: If you were advised to take on more risk than appropriate for your age or goals, or if you were recommended unsuitable products, document this information.
- Consider Tax Implications: Be sure that any tax advice provided was in line with both IRS rules and the policies of the broker-dealer.
- Request a Consultation: If any concerns arise or you sustained a loss, contact Haselkorn & Thibaut (1-888-885-7162) for your free evaluation.
About Haselkorn & Thibaut: Experienced Legal Support for Investors
Haselkorn & Thibaut is a leading national law firm focused solely on representing investors with potential claims against brokers and broker-dealers. With over 50 years of experience, a 98% success rate, and millions recovered for harmed investors, the firm fights to hold financial professionals accountable. You pay nothing unless there is a recovery (“no recovery, no fee”).
If you invested with Donald Ray Pittman Jr. in Lubbock, TX through Edward Jones or LPL Financial and suspect you received improper advice or have unexplained losses, call Haselkorn & Thibaut at 1-888-885-7162 for a free, confidential review. Your time to recover losses may be limited. Take proactive steps to protect your financial future.
