Investors potentially incurred losses because of securities broker Arthur Roy McPherson II (also known as Art McPherson) [CRD: 2245364, Melbourne, Florida], based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. McPherson has been registered with World Equity Group Inc. since July 1, 2019, and ProStatis Financial Advisors Group since February 25, 2019, after previously working for Triumph Wealth Advisors Inc. from August 14, 2015, to May 30, 2024. See the following information for a better understanding about McPherson’s disclosures.
Notably, on June 2, 2025, a ProStatis Financial Advisors Group client filed FINRA Arbitration No. 25-01040 about Arthur McPherson. Primarily, the client alleged that McPherson was negligent by employing a flawed market-timing strategy, including liquidating the client’s portfolio during the March 2020 market downturn and reinvesting only after the market had recovered. Because of this, the client allegedly incurred damages. As a result, the client requested $250,000 in compensation from ProStatis Financial Advisors Group or McPherson. BrokerCheck shows that this arbitration is ongoing.
Additionally, a client of Triumph Wealth Advisors Inc. disputed Arthur McPherson’s sales practices, according to a complaint. The claim alleged an unapproved wire transfer of $25,500 plus a fee in August 2015. It appears that McPherson allegedly caused the client to suffer damages. Therefore, Triumph Wealth Advisors Inc. opted to settle the matter on December 18, 2015, by compensating the client in the amount of $25,500.
Did you suffer any investment-related losses because of Arthur McPherson? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of clients throughout the United States. Also, the firm works on a contingency fee arrangement and advances all costs. McPherson and brokerage firms McPherson worked for deny any accusations of sales practice violations.
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