When you trust a financial advisor, you’re handing over more than just dollars and cents. You’re placing your future in their hands. That kind of trust should be earned, not taken for granted. Today, we’re examining the recent case involving Jeffrey Alan Arbeit, a former broker with Farmers Financial Solutions, LLC. If his name rings a bell, you’re not alone.
Let’s unpack the facts and help you understand how to protect yourself—and how Haselkorn & Thibaut may be able to help if you’ve been affected.
FINRA BrokerCheck: What It Says About Jeffrey Arbeit
Table of Contents
A quick glance at FINRA’s BrokerCheck profile for Jeffrey Arbeit (CRD #6603428) raises eyebrows.
- Not currently registered with any FINRA-member firm
- Terminated by Farmers Financial Solutions on March 6, 2025
- Barred by FINRA as of June 23, 2025
- Registered from 2016–2025 at Farmers Financial Solutions, Austin, TX
Exams Passed:
- SIE – October 2018
- Series 6 – March 2016
- Series 63 – April 2016
At first glance, Arbeit looked like any other licensed professional. But behind the curtain, things were far from ordinary.
Regulatory Actions & Sanctions
This is where the rubber meets the road.
Regulatory Red Flags:
- Termination Reason: Engaged in unapproved private securities transactions. That means selling investment products—promissory notes in this case—without firm oversight.
- FINRA Action: Arbeit refused to cooperate with FINRA’s investigation. That led to a permanent bar from acting as a broker or associating with a broker-dealer. This isn’t a slap on the wrist—it’s the final curtain.
Here’s what that means: if you were sold any private notes by Arbeit, they likely weren’t reviewed or approved by his firm. That’s dangerous territory for investors.
Settlements, Complaints & Outcomes
As of now, no customer complaints, arbitration claims, or settlements have been publicly disclosed.
That doesn’t mean clients weren’t affected. It may mean that victims haven’t yet come forward—or haven’t connected the dots.
At Haselkorn & Thibaut, we’ve seen this before. Investors often don’t realize that private securities or “promissory notes” were off-book or high-risk until it’s too late.
Web Search: Complaints & Media Findings
While there’s no shortage of media mentions since March 2025, nearly all stem from the same chain of events:
- Termination by Farmers Financial Solutions
- Allegations of selling promissory notes without firm approval
- FINRA bar for failing to produce documents and info
No mainstream media exposés or major lawsuits—yet. But investor alert websites and legal professionals are monitoring the case closely.
That’s often the calm before the storm. These patterns tend to emerge in waves once victims step forward.
Summary & Notable Red Flags
Jeffrey Arbeit’s case may look quiet on the surface, but there are plenty of warning signs:
Red Flags:
- Unauthorized private securities sales – Promissory notes sold without firm knowledge
- Termination from firm – That’s never good
- FINRA permanent bar – A serious sanction often linked to deeper issues
- Refused cooperation with regulators – Investors deserve transparency
- No public complaints… yet – Could mean many investors are still unaware
How to Know if You’ve Been Affected
Investors may not realize a promissory note they purchased was off-book. These products may have been marketed as safe or guaranteed—but without firm approval, oversight vanishes.
Common complaints we hear in similar cases:
- “I thought it was a firm-approved investment.”
- “He said it was a private deal—low risk, high return.”
- “I never got regular updates or statements.”
- “Now I can’t reach him.”
If this sounds familiar, you’re not alone.
What You Can Do
If you worked with Jeffrey Arbeit or purchased promissory notes through him, it’s time to ask questions:
- Was the investment approved by Farmers Financial Solutions?
- Do you have records or written materials?
- Have you experienced unexpected losses or red flags?
At Haselkorn & Thibaut, we help investors recover losses due to financial advisor misconduct. Our team has decades of experience and a 98% success rate in similar cases.
Call 1-888-885-7162 today for a free, confidential consultation.
Time matters. These cases are often subject to deadlines. Let’s find out what happened—together.
