Investors have reportedly disputed the sales practices of securities broker Angelo Frank Anello [CRD: 2835091, Needham, Massachusetts], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Anello has been registered with LPL Financial LLC in Needham, Massachusetts, since May 29, 2009, and as an investment adviser with the same firm since June 19, 2009. See the following information to discover more about the disclosures involving Anello.
Particularly, on February 5, 2025, an LPL Financial LLC client filed FINRA Arbitration No. 25-00250 about Angelo Anello. Primarily, the client alleged that Anello made unsuitable recommendations. For this reason, the client allegedly incurred damages linked to real estate securities and structured notes. Consequently, the client requested damages exceeding $5,000 in compensation from LPL Financial LLC or Anello. It appears that this arbitration is pending a resolution.
Specifically, a client of LPL Financial LLC contested Angelo Anello’s sales practices, according to a complaint. Allegedly, Anello made misrepresentations of material fact. It appears that Anello caused the client to sustain damages relating to structured note products. Therefore LPL Financial LLC opted to settle the matter on October 2, 2025, by compensating the client in the amount of $306,407.
Notably, an LPL Financial LLC client filed FINRA Arbitration No. 23-00595 about Angelo Anello. Mainly, the client alleged that Anello made unsuitable recommendations in structured products. As a result, on February 20, 2024 LPL Financial LLC settled this matter by paying the client $30,000 in damages.
Additionally, a client of LPL Financial LLC disputed Angelo Anello’s sales practices by filing FINRA Arbitration No. 24-00740. Allegedly, Anello made unsuitable recommendations. It appears that Anello caused the client to sustain damages connected to structured products. Consequently LPL Financial LLC opted to settle the matter on December 17, 2024, by compensating the client in the amount of $42,000.
Do you have concerns or questions regarding investments you made with Angelo Anello? You can contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a possible recovery of your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee basis and advances all costs. Anello and brokerage firms Anello worked for deny allegations of sales practice violations.
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