Patrick Aaron Pistor – Equitable Advisors, LLC | San Antonio, TX: Investor Alert & Red Flags
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Haselkorn & Thibaut, a trusted national investment fraud law firm, has opened an investigation into allegations related to Patrick Aaron Pistor, a former broker based in San Antonio, Texas, who was most recently registered with Equitable Advisors, LLC (CRD 6627). If you invested with Mr. Pistor and have concerns about your portfolio, we encourage you to read the following comprehensive report and reach out to our seasoned legal team for a complimentary consultation at 1-888-994-8066. Engagement with our readers is a priority, and we believe every investor deserves clear answers regarding their financial future.
Background: Who Is Patrick Aaron Pistor?
- Name: Patrick Aaron Pistor
- CRD Number: 7579589
- Most Recent Firm: Equitable Advisors, LLC, New Braunfels, TX (CRD 6627)
- Registration Dates: 09/2022–02/2025
- Status: No longer registered; **barred from acting as a broker by FINRA** as of September 2025
Patrick Aaron Pistor served clients as a registered representative at Equitable Advisors in Texas, with registration ending in early 2025. Following a regulatory action by FINRA, Mr. Pistor is no longer a registered broker and is ineligible to recommend or manage securities investments.
Recent Regulatory Actions and Discharge
Several regulatory events are associated with Mr. Pistor’s recent professional history. Here’s what investors need to know:
- **Discharged by Equitable Advisors on February 3, 2025** for failure to comply with the firm’s Outside Business Activity (OBA) policy.
- **FINRA Suspension Initiated June 17, 2025:** FINRA alleged failure to respond to regulatory requests for information (Case/Docket 2025084915501).
- **Suspension Effective July 11, 2025:** Mr. Pistor was suspended in all broker capacities, with a final bar set for September 22, 2025, unless addressed.
- No monetary fines or restitution were listed in the summary of FINRA’s action.
Outside Business Activities (OBA) Violation
Equitable Advisors cited Mr. Pistor’s failure to follow their OBA policy as a reason for discharge. Such outside activities without firm approval are monitored by FINRA under Rule 3270, often raising concerns about “selling away” or involvement in investments outside the oversight of the broker-dealer. These practices can place investors at heightened risk.
Complaints and Disclosures: What Public Records Reveal
It’s crucial for investors to know the full scope of complaints or red flags related to their financial advisor. Based on the latest checks of FINRA BrokerCheck and regulatory databases:
- **Customer Complaints:** Zero customer complaints are on public record for Patrick Aaron Pistor as of June 2024.
- **Regulatory Actions:** The FINRA suspension and impending bar represent the only regulatory action to date.
- **Civil Litigation:** No lawsuits—federal or state—naming Mr. Pistor were identified in PACER or public court dockets.
- **SEC & State Regulator Actions:** No SEC or state-level administrative or enforcement actions were found under his name or CRD number.
- **Media/Press:** No negative news coverage, formal investigations, or press indications of client harm have surfaced so far.
This means that while Mr. Pistor’s record is free from customer complaints or enforcement fines, the regulatory actions leading to his discharge and barring are the critical concern for affected investors.
Key Red Flags All Investors Should Know
| Red Flag | Description | Potential Impact |
|---|---|---|
| Outside Business Activities (Unsanctioned) | Undisclosed involvement in outside financial products or ventures without firm oversight | Risk of unsuitable, fraudulent, or high-risk investments outside the firm’s controls |
| Failure to Respond to FINRA | Non-cooperation with regulator’s requests for essential information | May indicate larger compliance or transparency issues |
| Discharged by Employer | Termination tied to failure to follow internal compliance | Signals possible policy violations impacting investors |
| Regulatory Suspension & Bar | Suspension, followed by an automatic bar by FINRA | Loss of investor protections; advisor can no longer hold or manage client accounts |
How to Verify Patrick Pistor’s Record Yourself
- Check FINRA BrokerCheck: Search “Patrick Aaron Pistor” or CRD 7579589 for up-to-date registration information and disclosures.
- Review SEC Filings: Use the SEC’s EDGAR database for enforcement or regulatory actions.
- Explore Public Court Dockets: Look for open or closed lawsuits in federal and state databases.
- Contact State Securities Regulators: Query their online resources for additional disciplinary information.
We recommend periodic checks or seeking professional guidance for real-time monitoring.
What Should Investors Do Next?
If you held accounts or investments with Patrick Aaron Pistor at Equitable Advisors and have questions about your portfolio’s handling or suspect your accounts may have been impacted by unsanctioned outside business activity:
- Gather your account statements and any written communications from Mr. Pistor or Equitable Advisors.
- Note any investments, products, or ventures that were not directly approved by the firm.
- Contact the professionals at Haselkorn & Thibaut by calling 1-888-994-8066 for a free, no-obligation conversation with a national team that has recovered millions for investors nationwide.
About Haselkorn & Thibaut – Protecting Investors Nationwide
Haselkorn & Thibaut (investmentfraudlawyers.com) is a national securities arbitration law firm with offices across the country, over 50 years of experience, a 98% success rate, and millions recovered for clients. We operate on a no recovery, no fee basis—if you don’t recover funds, you pay no legal fees.
Take Action Today
If you believe you’ve experienced losses with Patrick Aaron Pistor or have concerns about investments at Equitable Advisors, LLC:
- Call Haselkorn & Thibaut today at 1-888-994-8066
- All consultations are confidential and at no cost to you
- Empower yourself with the facts, and let experienced professionals review your claim
Your financial recovery could depend on the steps you take now—don’t delay seeking guidance.
