Anthony Jovanovich Facing Wintrust Client Disputes Alleging Unsuitable Advice

Investors potentially experienced sales practice violations due to securities broker Anthony Stephen Jovanovich (also known as Tony Jovanovich) [CRD: 2948544, Elgin, Illinois], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Anthony Jovanovich worked for Wintrust Investments LLC from June 1, 2012 to January 23, 2025. He currently works for LPL Financial LLC as of January 23, 2025. Read below to know more about the complaints associated with this investment professional.

Wintrust Investments Investor Accused Tony Jovanovich Of Poor Advice

Notably, on May 12, 2025, a Wintrust Investments LLC client filed a complaint about Anthony Jovanovich. Allegedly, Jovanovich provided poor advice which led to losses. As a result, the client allegedly sustained damages relating to structured notes. Therefore, the client requested $850,000.00 in compensation from Wintrust Investments LLC or Jovanovich. The complaint was denied as of June 6, 2025.

Wintrust Investments Client Accused Anthony Jovanovich Of Unsuitable Recommendations

Also, on December 13, 2024, a Wintrust Investments LLC client filed FINRA Arbitration No. 2024CH10727 about Anthony Jovanovich. Mainly, the investor alleged that Jovanovich made unsuitable recommendations between June 2012 and June 2023. Because of this, the client allegedly sustained damages linked to real estate investment trusts. Therefore, the client requested damages in compensation from Wintrust Investments LLC or Jovanovich. Evidently, this arbitration is awaiting a resolution.

Tony Jovanovich Disclosed Misrepresentation Allegations By Wintrust Investments Client

Additionally, a client of Wintrust Investments LLC contested Anthony Jovanovich’s sales practices, according to a complaint. Allegedly, Jovanovich and a colleague made misrepresentations by stating that the client could earn a 7% monthly dividend with no downside from a real estate investment trust. It is further alleged that Jovanovich made unsuitable recommendations involving Guggenheim unit investment trusts. Supposedly, the investments did not align with the client's conservative objective. Therefore, Wintrust Investments LLC opted to settle the matter on April 1, 2024, by compensating the client.

Wintrust Investments Investor Accused Anthony Jovanovich Of Misrepresentation

Specifically, on January 9, 2024, a Wintrust Investments LLC client filed FINRA Arbitration Claim No. 23-03644 about Anthony Jovanovich. Mainly, the client alleged that Jovanovich made misrepresentations by stating that the investment needed to remain in the account for at least five years and that the client could expect monthly dividends during that time. The client supposedly suffered considerable losses on real estate investment trusts. So, the client requested $61,308.00 in compensation from Wintrust Investments LLC or Jovanovich. This dispute closed without a resolution.

Looking For More Information About Securities Broker / Financial Advisor Jovanovich?

Did you experience losses because of Anthony Jovanovich? If so, reach out to Soreide Law Group at (888) 760-6552 or online. Speak with a securities lawyer regarding a possible recovery. For years, Soreide Law Group has helped to recoup losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances the costs. Jovanovich and brokerage firms Jovanovich worked for deny accusations of sales practice violations.