Keith Schongar Of Empower Financial Services Barred By FINRA For Failure To Comply

Financial Industry Regulatory Authority (FINRA) sanctioned securities broker Keith Wesley Schongar [CRD: 6215149, Greenwood Village, Colorado], based on public information on FINRA BrokerCheck. Schongar worked for TD Ameritrade Inc. from February 26, 2018, to January 11, 2021, and Empower Financial Services Inc. from January 5, 2023, to October 22, 2025. Continue reading to learn more about Schongar’s disclosures.

FINRA Sanctioned Schongar For Failure To Respond To Inquiry

Evidently, on May 15, 2026, FINRA issued Case 2025086941701, permanently barring Keith Schongar from associating with any FINRA member in all capacities. Notably, FINRA alleged that Schongar failed to respond to requests for information.

FINRA initially suspended Schongar following notices dated February 12, 2026, and March 9, 2026. Under FINRA Rule 9552(h), Schongar became automatically barred after he did not request termination of the suspension within three months of the suspension notice.

FINRA Investigated Keith Schongar For Fund Transfers

Keith Schongar is the subject of an investigation initiated by FINRA on October 1, 2025, into allegations that Schongar was connected to transactions involving funds transferred from a Charles Schwab Co. investment account on which Schongar was an authorized party while associated with Empower Financial Services.

Empower stated that its compliance personnel met with Schongar and provided him with FINRA’s request and response deadline. According to the firm, Schongar agreed to submit a written response but later became unresponsive. Empower allegedly terminated Schongar on October 16, 2025, for lack of cooperation.

Have You Made Investments Through Financial Advisor / Securities Broker Schongar?

Did you experience losses because of Keith Schongar? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the country. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Schongar and brokerage firms Schongar worked for deny allegations of sales practice violations.