Haselkorn & Thibaut Opens Investigation: Robert Harold Sweet (Independent Financial Group, LLC) – El Paso, TX
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Have you invested with Robert Harold Sweet, also known as Robert H. Sweet, in El Paso, Texas? Haselkorn & Thibaut (investmentfraudlawyers.com), a national securities fraud law firm with **over 50 years of experience and a 98% success rate**, has opened an investigation into Mr. Sweet’s conduct and practices as a financial advisor. If you’ve experienced losses or have concerns about your investments handled by Mr. Sweet, this research report can assist you in understanding your options and next steps.
Advisor Overview: Who is Robert Harold Sweet?
Robert Harold Sweet (CRD #4090608) is a financial advisor currently registered with Independent Financial Group, LLC (CRD #7717), operating mainly out of El Paso, TX. Mr. Sweet has served with several major broker-dealers over his career, including LPL Financial LLC and Raymond James Financial Services.
Background and Career Highlights
- Current Employer: Independent Financial Group, LLC (since February 2016)
- Branch Address: 5675 Woodrow Bean, Suite 13, El Paso, TX 79924
- Prior Employers:
- LPL Financial LLC (2010–2016)
- Raymond James Financial Services Advisors, Inc. (2009–2010)
- CUNA Brokerage Services, Inc. (2001–2009)
- NYLIFE Securities Inc., Waddell & Reed, Inc., MetLife Securities Inc., and Metropolitan Life Insurance Company (1999–2001)
- Other Business Activities:
- Freedom Insurance Services (Agent/Rep, since 2015)
- Freedom Tax Services (Contractor, since 2014)
- Freedom Notary Services (Contractor, since 2020)
- Licenses: General Securities Representative; Series 7, 6, 63, 65, and SIE
- Currently Registered: Licensed in 13 states/territories
Red Flags and Regulatory Concerns
- Discharged by Prior Employer: Mr. Sweet was discharged by LPL Financial in December 2015 for a “violation of firm’s signature policy.”
- Regulatory Actions: Past insurance-related administrative suspensions in North Dakota (indefinite, 1997, resolved by consent) and Minnesota (two-week suspension, 1997, resolved by consent).
- Pending FINRA Arbitration (2025): As of August 2025, a FINRA arbitration (Case No. 25-01732) alleges violations of SEC Regulation Best Interest (Reg BI) stemming from recommendations to invest in non-traded REITs while at Raymond James and LPL Financial. Claimed damages total $100,000, with the arbitration currently pending.
Understanding Allegations: Non-Traded REITs and Suitability
Non-traded Real Estate Investment Trusts (REITs) and other alternative investments are a focus in the claims involving Robert Harold Sweet. Recommendations of these products must align with client risk tolerance, financial objectives, and must comply with SEC Regulation Best Interest (Reg BI) and FINRA’s suitability rules.
Key Points About Non-Traded REITs:
- Generally less liquid and higher risk than conventional investments
- Often involve higher fees and less regulatory oversight
- May not align with conservative investment objectives
If you believe you were recommended investments that did not fit your goals, you may have grounds for a claim.
Public Record: Complaints & Disciplinary History of Robert Harold Sweet
Below is a summary of Mr. Sweet’s publicly disclosed record drawn from FINRA BrokerCheck (as of the latest available date):
| Customer Complaints (Public) | 0 |
| FINRA/SEC Disciplinary Actions | None |
| Pending Arbitrations | 1 (Filed August 2025, $100,000 alleged damages) |
| Civil Lawsuits (Non-Regulatory) | None |
| Under Investigation (Publicly Listed) | None reported |
How to Review Robert H. Sweet’s Record
For current information or to view the most up-to-date filings, visit FINRA BrokerCheck and enter “4090608” or “Robert H. Sweet.”
Should You Be Concerned? Key Takeaways for Investors
- Pending Regulatory Actions: While no past FINRA or SEC sanctions are reported, the recent FINRA arbitration is an important development.
- Pattern of Employment Changes: Multiple firms and prior discharge may be indicators requiring additional scrutiny.
- Complex Investment Products: If your portfolio includes non-traded REITs, alternative investments, or other high-risk products, review whether these align with your stated objectives.
Your Rights and Next Steps
If you have concerns about losses, unsuitable investments, or feel your account was not handled appropriately by Robert Harold Sweet, you have the right to pursue recovery. Most investor claims are resolved through FINRA arbitration—a process designed to help recover damages resulting from unsuitable recommendations, misrepresentation, or negligence.
Consultations with Haselkorn & Thibaut are FREE and CONFIDENTIAL, and cases are accepted on a “No Recovery, No Fee” basis.
- Over $100 million recovered for investors nationwide
- 50+ years combined experience handling investment fraud and securities arbitration
- 98% success rate: You pay no legal fees unless you receive recovery
- National reach: Representing investors across the United States
Contact Haselkorn & Thibaut: Get a Free Case Evaluation
If you have invested with Robert H. Sweet, or are a current or former client who has concerns about losses, do not wait. Call Haselkorn & Thibaut today at 1-888-994-8066 for a free, confidential consultation. Remember, you pay nothing unless there is a recovery.
Your recovery and your financial wellbeing are a priority. Take the first step and contact Haselkorn & Thibaut today to explore your options and get the answers you deserve.
