James Warring Of Emerson Equity Barred By SEC, Connected To EagleStone Investor Complaint

SEC barred securities broker James Dale Warring [CRD: 3198200, Rockville, Maryland], and investors complaint about him, based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. James Warring worked for Emerson Equity LLC from June 9, 2023, to August 1, 2025; DAI Securities LLC from November 23, 2020, to May 15, 2023; and Triad Advisors LLC from September 1, 2009, to November 20, 2020. Investors should review the information below to find out more about Warring’s disclosures and regulatory history.

United States Securities And Exchange Commission Sanctioned Warring For Breach Of Fiduciary Duty

Evidently, on September 8, 2025, the United States Securities and Exchange Commission issued Case: 3-22531 sanctioning James Warring for regulatory infractions. Specifically, Warring was permanently barred, prohibited from associating with securities firms, and fined $450,000. Notably, the Securities and Exchange Commission alleged that Warring breached his fiduciary duty to an investment advisory client.

According to the regulator, the action stemmed from conduct that occurred while Warring was associated with EagleStone Wealth Advisors Inc. and its parent company, EagleStone Tax Wealth Advisors Inc., as well as Emerson Equity LLC, Triad Advisors LLC, and DAI Securities LLC. The Securities and Exchange Commission stated that Warring, who was the majority owner of EagleStone’s corporate parent, acted recklessly over a period of years in violation of the Investment Advisers Act of 1940.

The regulator alleged that Warring entered into a romantic relationship with an advisory client and, after the relationship began, arranged for the client to make and forgive loans to his family members. The Securities and Exchange Commission further alleged that Warring charged unauthorized and undisclosed fees and advised the client to sign agreements that purported to authorize or waive problematic transactions and fees. As a result of this conduct, the Securities and Exchange Commission found that Warring violated Sections 206(1) and 206(2) of the Advisers Act, leading to the final order imposing the sanctions.

James Warring Disclosed Breach Of Fiduciary Duty Allegations By Eaglestone Wealth Advisors Inc. Client

Also, a client of EagleStone Wealth Advisors Inc. disputed James Warring’s sales practices by filing Civil Action No. CI5CV23001018 in the Montgomery County Circuit Court in Montgomery County, Maryland. Allegedly, Warring breached his fiduciary duty and violated state securities laws. It appears that Warring caused the client to sustain damages related to investments. Consequently, EagleStone Wealth Advisors Inc. opted to settle the matter on July 26, 2023, by compensating the client in the amount of $5,000,000.

The complaint alleged that the conduct occurred between 2010 and 2022 and involved Warring acting through his investment advisory firm, trust company, and accounting business. According to the disclosure, Warring personally contributed $1,506,294 toward the settlement.

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

Are you concerned about your investments through James Warring? Get in touch with Soreide Law Group at (888) 760-6552 or online and speak with a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm represents investors on a contingency fee basis and advances all costs. Warring and brokerage firms Warring worked for deny accusations of sales practice violations.