Juan Hua “Joyce” Liang: Full Report for Investors on NI Advisors Broker — Daly City, CA
Table of Contents
Haselkorn & Thibaut, a nationally recognized investment fraud law firm, has initiated an investigation into Juan Hua Liang (often known as “Joyce” Liang), a financial advisor at NI Advisors in Daly City, California. If you are an investor who worked with Juan Hua Liang or have concerns regarding your investment accounts, this comprehensive guide brings together public information, regulatory findings, and key insights specifically to help you understand your options. To support investors across the country, Haselkorn & Thibaut offers a free, confidential consultation at 1-888-994-8066.
Juan Hua Liang: Who Is She?
- Name (including aliases): Juan Hua Liang (a/k/a Joyce Liang, Juanhua Liang)
- Current Broker-Dealer: NI Advisors, LLC (CRD #134502), Daly City, CA
- CRD Number: 6860076
- Other Affiliations: 9 Fortunes Insurance Services (Partner), CBC Life Financial Services LLC (Managing Partner)
- FINRA Licenses: Series 7, Series 66, SIE; Licensed in California
- First Securities Registration: 2017 (no previous brokerage firms reported)
Regulatory and Background Check: What the Records Reveal
To provide a public regulatory background check, extensive resources—including FINRA BrokerCheck—were reviewed for investor protection. Here’s what you need to know:
| Disclosures on BrokerCheck |
|
| SEC Investigations/Orders |
|
| Civil Litigation & Media |
|
| NI Advisors (Firm Disclosures) |
|
Investor Complaints and FINRA Arbitrations: Key Findings
While background checks did not show any regulatory, civil, or criminal disclosures, there are notable complaints and resolved arbitrations involving Juan Hua Liang as a registered representative. Here’s what has been made public:
| Date / Case Number | Allegations | Resolution / Settlement Amount | Juan Hua Liang’s Contribution |
|---|---|---|---|
| Jan 2023 (FINRA Case No. 23-00175) | Breach of contract and breach of fiduciary duty involving corporate bonds sold in 2019. | Settled Sept 2024 for $225,000 | $112,500 |
| Sep 2022 (FINRA Case No. 22-02078) | Fraud, negligence, and unsuitability related to sales of GWG L Bonds in 2019. | Settled for $19,910 | $19,910 |
These claims point to:
- Allegations of unsuitable investment recommendations—potentially inconsistent with client risk tolerance.
- Breach of fiduciary duty—not acting in the client’s best interest, which could violate SEC and FINRA standards.
- Allegations of misrepresentation or omission of material facts; making recommendations without adequate disclosure.
- Alleged negligence—a failure to meet a reasonable standard of care when making recommendations or providing advice.
Key Takeaways and Investor Red Flags
- FINRA Arbitrations Have Resulted in Significant Settlements: Notably, the $225,000 settlement and more than $110,000 attributed directly to Juan Hua Liang underscores the seriousness of prior claims.
- Nature of the Complaints: Most allegations revolved around unsuitable or risky investments—including bonds and GWG L Bonds, which have been the subject of many investor losses across the industry.
- BrokerCheck Shows No Open Regulatory Disclosures: However, settled arbitrations may not immediately reflect as formal disclosures unless there are findings of wrongdoing.
- Clients Should Review Their Accounts: Even when public disclosures are minimal, settlements and recurring client concerns are signals to review statements and seek a professional opinion.
The Importance of FINRA Arbitration
If you have concerns about how your financial advisor managed your investment portfolio, FINRA arbitration is the industry-standard dispute resolution process. Investors who may have experienced losses due to alleged negligence, misrepresentation, or unsuitable recommendations from Juan Hua Liang at NI Advisors can pursue recovery without needing to file a lawsuit in court. Many investors achieve settlements or awards through this process, often with no up-front legal fees.
Next Steps for Investors: Haselkorn & Thibaut Can Help
Haselkorn & Thibaut has over 50 years of combined legal experience, a proven 98% success rate, and has recovered millions for clients nationwide. The firm only represents investors—not brokers or dealers.
- No Cost, No Obligation Case Review: If you have losses, your call and case review are 100% confidential and free.
- No Recovery, No Fee: Haselkorn & Thibaut only gets paid if you recover.
- Dedicated to Investors: The firm’s focus is helping investors pursue justice and recover what they’re owed.
Contact Haselkorn & Thibaut Today
If you are an NI Advisors client, or you are concerned about advice provided by Juan Hua “Joyce” Liang, protect your rights and your investments. Call 1-888-994-8066 to speak with a dedicated investment fraud attorney for your free, confidential consultation.
Always consider regularly checking the latest records for your financial advisor at FINRA BrokerCheck and reach out if you have questions or concerns regarding your portfolio.
Your diligence today could make all the difference in your financial recovery.
