Brian Pavelko Investigated for Alleged Misconduct at NI Advisors

Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Brian James Pavelko [CRD: 6347352, Milpitas, California].

Brian Pavelko has an employment history spanning several firms. He has been registered with NI Advisors in Milpitas, California, since March 13, 2022. Previously, Pavelko worked for SW Financial from September 2018 to March 2022, Democracy Funding LLC from February 2018 to April 2018, and Coastal Equities, Inc. from June 2014 to August 2016.

Recent disclosures reveal concerns about Pavelko’s conduct, including allegations of material misrepresentations, omissions, and violations of regulatory rules.

FINRA Initiates Investigation into Alleged Misconduct

On September 10, 2024, FINRA made a preliminary determination to recommend disciplinary action against Brian Pavelko. The investigation stems from alleged violations of FINRA Rule 2010, Sections 17(a)(2) and (3) of the Securities Act of 1933, and FINRA Rule 8210. According to FINRA, Pavelko potentially:

• Made material misrepresentations and omissions and engaged in a deceptive scheme in connection with private placement offerings.
• Made material misrepresentations and omissions in connection with an application for and receipt of unemployment insurance benefits.
• Failed to produce requested documents and information to FINRA staff in violation of FINRA Rule 8210.

This matter is currently pending resolution.

Contact Soreide Law About Brian Pavelko Today

If so, reach out to Soreide Law Group online (contact here) or at (888) 760-6552 to speak with a securities attorney. With experience representing investors across the U.S., Soreide Law Group works on contingency, advances costs, and helps clients recover losses from sales practice misconduct when possible. Pavelko and the firms he worked for deny accusations of sales practice violations.