Haselkorn & Thibaut, a national law firm with over 50 years of experience and a 98% success rate in securities fraud cases, has opened an investigation into Harrisburg, Pennsylvania financial advisor Tony Tolene (CRD# 5730068) and his practices at Infinity Financial Services. If you have worked with Tony Tolene or have concerns about your investments, it’s important to understand his regulatory background, the investor complaints filed, and what steps you can take to protect your financial interests.
Who Is Tony Tolene of Infinity Financial Services?
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Tony Tolene is an investment advisor currently registered with Infinity Financial Services, based in Harrisburg, Pennsylvania. According to regulatory records, Mr. Tolene has 15 years of experience in the securities industry. He began working as an investment advisor with Infinity Financial Services in 2020, and has previously been registered with LPL Financial, PNC Investments, Chase Investment Services, and David Lerner Associates.
- Current Broker-Dealer: Infinity Financial Services
- CRD Number: 5730068
- Location: Harrisburg, PA
- Licenses: Series 7, Series 63, Series 66, SIE
- Licensure State: Pennsylvania
With such a substantial tenure in financial services, clients expect a high level of professionalism and ethical standards. However, recent complaints reported on his BrokerCheck profile underscore the importance of vigilance and due diligence for investors.
Recent Investor Complaints Against Tony Tolene
Several investor complaints have recently surfaced regarding Mr. Tolene’s advisory practices while affiliated with Infinity Financial Services. Understanding these disclosures can help current and prospective clients make informed decisions about working with him.
| Year Filed | Nature of Allegation | Damages Claimed | Status | Advisor Response |
|---|---|---|---|---|
| 2025 | Alleged mismanagement of client and client’s mother’s accounts | $100,000 (pending) | Pending | Denied mismanagement; stated losses were unrealized and within client’s established risk profile. |
| 2023 | Alleged theft of funds, persuasion to purchase a home for advisor | Unspecified (pending) | Pending | Categorically denied; stated supporting notarized letters from involved family members refuting the allegations after investigation by regulatory authorities. |
Key Points for Investors
- Multiple Complaints Pending: The presence of more than one pending investor complaint, especially with significant alleged damages, is a signal for investors to pay close attention.
- Alleged Mismanagement: The 2025 complaint cites alleged mismanagement of client funds totaling $100,000. While the claim remains pending, it’s a sizable amount that warrants investor awareness.
- Serious Accusations in 2023: In 2023, Tolene was accused of both misappropriating funds and inappropriately influencing a client to make a purchase for his benefit. These claims are also still pending.
- Advisor’s Rebuttals: In both cases, Mr. Tolene has firmly denied wrongdoing, claiming both that the losses were consistent with disclosed risk tolerances and that the theft allegations are unsubstantiated, with backing from family statements and regulatory findings.
- Regulatory Experience: Despite these disclosures, Mr. Tolene’s lengthy experience in the securities industry and range of licenses highlight that even experienced advisors can become subjects of investor complaints.
Why Do Investor Complaints Matter?
Investor complaints are officially reported and often arise when clients believe their financial professional may not have acted in their best interest. While allegations are not admissions, outstanding claims—especially multiple or high-dollar ones—can act as red flags for investors considering an advisor’s services. Pending statuses mean investigations or potential resolutions are still ongoing, making it especially important to monitor the outcomes.
Steps You Can Take as an Investor
For those concerned about their investments or potential losses, Haselkorn & Thibaut stands ready to assist. The firm’s securities attorneys have experience helping investors nationwide in similar cases. Here are actionable steps if you’re unsure about your investments with Tony Tolene or Infinity Financial Services:
- Request a detailed statement of your account activity and investment objectives.
- Review all risk disclosures and documentation you provided or were presented.
- Assess whether you fully understood your investment allocations and potential risks.
- If you’ve experienced unexpected losses, consider seeking a second opinion from a seasoned investment fraud attorney.
How Haselkorn & Thibaut Can Help
Haselkorn & Thibaut (investmentfraudlawyers.com) has a proven track record of recovering millions of dollars on behalf of investors nationwide. With a 98% success rate and decades of combined legal experience, this firm specializes exclusively in investment loss recovery and financial advisor disputes. Their approach is always “No recovery, no fee,” ensuring that you have access to justice without out-of-pocket costs.
Your Next Step: Get a Free and Confidential Consultation
If you have questions about your investments with Tony Tolene or Infinity Financial Services, contact Haselkorn & Thibaut by calling 1-888-885-7162 for a 100% free, confidential consultation. Time may be limited, as time limits (statutes of limitations) can impact your ability to recover losses.
Call Haselkorn & Thibaut today at 1-888-885-7162 for a no-obligation review of your situation. There are no fees unless they recover money for you.
Summary: Stay Informed, Protect Your Interests
The disclosures and complaints involving Tony Tolene of Infinity Financial Services underscore why it’s essential to stay informed about your financial advisor’s regulatory history. While regulatory actions and complaints don’t automatically determine wrongdoing, they are important data points as you make choices about safeguarding your investments.
If you have any concerns about past or current investments, don’t hesitate to reach out for guidance. Haselkorn & Thibaut is here to help you understand your rights and options, offering decades of experience in investor protection.
Protect your financial future—call Haselkorn & Thibaut at 1-888-885-7162 for your free, confidential consultation now.
