**Haselkorn & Thibaut has opened an investigation into Ryan Murphy, a former financial advisor in Savannah, Georgia, most recently with Truist Investment Services (CRD# 4332032).** If you are an investor who has worked with Ryan Murphy, it is important to understand the details of his regulatory background, the recent complaints filed against him, and the possible impact on your investments. Seeking accurate information and timely action can help you protect your financial interests.
Why Investors Should Be Aware of the Complaints Against Ryan Murphy
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The financial services industry relies on trust and transparency. When questions arise about an advisor’s conduct, it can significantly affect clients—both financially and emotionally. **Ryan Murphy’s record now includes multiple investor complaints and regulatory actions that current and former clients should review closely.**
The national law firm **Haselkorn & Thibaut** is actively reviewing matters concerning Ryan Murphy and **Truist Investment Services** to assist investors who may have suffered losses. With over 50 years of experience, a 98% success rate, and a national reputation, Haselkorn & Thibaut has recovered millions for clients who have experienced investment fraud or broker misconduct. They offer a **“No recovery, no fee”** policy, reinforcing their commitment to investors’ best interests.
Summary of Claims and Disclosures Involving Ryan Murphy (Savannah, GA – Truist Investment Services)
**Ryan Murphy’s background and most recent industry status:**
- Registered in the Securities Industry for 23 years
- Based in Savannah, Georgia
- Formerly registered with Truist Investment Services (2006–2024)
- Previously associated with Citigroup Global Markets (2001–2006)
- Passed key licensing exams: **SIE, Series 7, Series 63, Series 65**
- No longer licensed as a broker per recent regulatory action
Detailed List of Complaints & Disciplinary Actions
Below is a detailed, chronological summary of client complaints and regulatory disclosures reported in connection with Ryan Murphy and Truist Investment Services. Reviewing these can help investors recognize possible issues affecting their accounts.
| Date Filed | Nature of Complaint or Disclosure | Status |
|---|---|---|
| December 2025 | Allegations of recommending “risk-free real estate investments” with a “guaranteed return at a much higher rate” than typical alternatives. Pending damages (minimum $5,000 each) claimed by three separate investors. |
Pending |
| December 2025 | Investor alleges Truist Investment Services failed its role as administrator and trustee. The claim points to “significant harm” including diminished asset values, negative tax impacts, and missed investment opportunities. | Pending |
| January 2025 | Client complaint alleges misappropriation of funds, falsification of documents, and overstated account values during Ryan Murphy’s time at Truist Investment Services. | Pending |
| 2024 | FINRA barred Ryan Murphy for refusing to provide documents and appear for on-the-record testimony in connection with an investigation regarding his termination from Truist Investment Services. | Permanent Bar |
| 2024 | Termination from Truist Investment Services: Cited for providing a customer with an “inaccurate consolidated statement” via an unapproved device and **attempting to cover past-due safe deposit box fees for a client**. | Terminated |
Red Flags for Investors Considering or Working With Ryan Murphy
- Multiple Pending Investor Complaints: Unresolved claims regarding unsuitable recommendations and questionable “guaranteed” investment products.
- Allegations of Misrepresentation and Falsification: Concerns over document integrity, account values, and misappropriation of assets.
- FINRA Barred Status: Refusal to cooperate with regulatory investigations led to a permanent industry bar, effectively ending his brokerage career.
- Firm Termination: Discharge by Truist Investment Services due to violations of firm policy and inappropriate client account handling.
What Should Investors Do Next?
If you were a client of Ryan Murphy and have questions about your investments, account statements, or the nature of your recommendations, it is essential to get **independent, objective legal advice**. Even if you have not yet noticed losses, these disclosures present material risks and potential avenues for client harm.
- Review your past investments and documentation, especially those categorized as “risk-free” or promising unusually high and/or predictable returns.
- If you are unsure whether you were involved in any transactions now under scrutiny, your rights as an investor entitle you to request information and seek professional review.
- Monitor regulatory updates and consider running a check through FINRA BrokerCheck using CRD# 4332032 for any status changes.
How Haselkorn & Thibaut Can Help
With a proven record representing clients nationwide in securities arbitration and investment litigation, **Haselkorn & Thibaut** stands ready to provide personalized guidance. The firm’s attorneys understand the nuances of FINRA rules, brokerage firm liability, and the strategic processes for recovering investor losses.
**You pay nothing unless a recovery is made.** Consultations are fast, confidential, and designed to uncover the facts, clarify your legal position, and explain your available options—all at no risk to you.
Call Haselkorn & Thibaut today at 1-888-885-7162 for a free, confidential review of your investments and your rights as an investor.
**Take proactive steps today if you believe you may have been impacted. The sooner you get answers, the sooner you can protect your future.**

