Blake Fellows Facing Arkadios Capital Client Dispute Concerning Unsuitable Advice

Investors apparently complained about securities broker Blake Edward Fellows [CRD: 4374810, Leesburg, Virginia], based on disclosures on FINRA BrokerCheck. Evidently, Fellows has been registered with Arkadios Capital since June 13, 2023, Wealthcare Capital Partners LLC since July 12, 2024, and Wealthcare Advisory Partners LLC since March 5, 2015. Previously, Fellows worked for Coastal Equities Inc. from September 19, 2022, to June 21, 2023, and for LPL Financial LLC between February 27, 2015, and September 22, 2022. Read on for details about the disclosures involving Blake Fellows and his associations with these firms.

Arkadios Capital Investor Accused Fellows Of Unsuitable Recommendations

Notably, on October 1, 2025, an Arkadios Capital client filed FINRA Arbitration No. 25-01917 about Blake Fellows. Mainly, the client alleged that Fellows did not act in the best interest of the client given the client’s investment objectives between 2019 and 2025. For this reason, the client allegedly sustained damages connected to direct investments and life insurance products. Consequently, the client requested $2,250,000 in compensation from Arkadios Capital or Fellows. It appears that this arbitration is pending a resolution.

Blake Fellows Disclosed Unsuitable Advice Allegations By New England Securities Corporation Client

Specifically, a client of New England Securities Corporation disputed Blake Fellows’s sales practices by filing FINRA Arbitration No. 22-00643. Allegedly, Fellows sold the client unsuitable alternative investments and failed to inform them upfront that the investments had illiquidity risks. It appears that Fellows caused the client to sustain damages connected to real estate securities. Therefore, New England Securities Corporation opted to settle the matter on March 14, 2023, by compensating the client in the amount of $10,000.

LPL Financial Corporation Investor Accused Fellows Of Making Unsuitable Recommendations

Also, on September 3, 2021, an LPL Financial Corporation client filed a complaint about Blake Fellows. Primarily, the client alleged that Fellows made unsuitable recommendations in real estate investment trusts and business development corporations given the client’s investment objectives. Because of this, the investor allegedly sustained damages. Therefore, the client requested compensation from LPL Financial Corporation or Fellows. However, the firm withdrew this complaint.

Blake Fellows Disclosed Unsuitable Advice Allegations By AXA Advisors Client

Notably, a client of AXA Advisors contested Blake Fellows’ sales practices, according to a complaint dated April 9, 2007. Allegedly, Fellows made unsuitable recommendations regarding the sale of a variable life insurance policy that was not appropriate for the client’s son. It appears that Fellows allegedly caused the client to sustain damages. Consequently, the client sought compensation from AXA Advisors or Fellows. However, the firm denied this complaint.

Did You Sustain Losses Because Of Financial Advisor / Securities Broker Fellows?

Are you concerned regarding investments you made with Blake Fellows? You can contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney concerning a potential recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Fellows and brokerage firms Fellows worked for deny accusations of sales practice violations.