PHILIP E. MORIARTY II (CRD# 1989641) an investment advisor from Maine, was recently accused of six counts of wire fraud. A grand jury in Chicago indicted him on the charges relating to the allegations that he defrauded investors of approximately $1.1 million while he was CEO of First Street Capital Partners in Chicago 2008 - 2010, and an owner of Teton Acadia Capital Partners, which ran sporting goods stores in Jackson, Wyoming. Moriarty is accused of misleading investors through fraudulent documentation, and then using their money for his own personal uses. A Chicago grand jury indicted Moriarty on Jan. 27. He was arrested Feb. 2 and released on bail.
Moriarty began working in Portland, Maine, in 2013 after working in Chicago, and for a short time in New York.
Philip Moriarty was affiliated with Black Point Capital Management in Portland, Maine. Black Point Capital manages money for the Sprague family and other wealthy clients. Black Point is a subsidiary of Cate Street Capital. He has since left the company.
According to FINRA's BrokerCheck, Philip E. Moriarty II was registered in the securities industry for 20 years and was previously registered with the following securities firms:
04/2014 - 01/2015 CATE STREET SECURITIES, LLC (CRD# 166758) - PORTLAND, ME
06/2011 - 10/2012 GUGGENHEIM INVESTOR SERVICES, LLC (CRD# 30096) - NEW YORK, NY
04/2008 - 03/2011 G EQUITY INVESTMENT GROUP LTD. (CRD# 7169) - SAN DIEGO, CA
11/2005 - 03/2008 CALAMOS FINANCIAL SERVICES LLC (CRD# 19850) - NAPERVILLE, IL
03/2001 - 08/2005 UBS SECURITIES LLC (CRD# 7654) - NEW YORK, NY
09/1994 - 02/2001 J.P. MORGAN SECURITIES INC. (CRD# 15733) - NEW YORK, NY
01/1992 - 08/1994 KEMPER FINANCIAL SERVICES, INC. (CRD# 798)
If you had investment losses due to your broker or financial advisor's recommendations, call the Soreide Law Group for a free consultation on how to potentially recover those losses at 888-760-6552.
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: TEXAKOMA FINANCIAL, INC. and their registered representative, SHEA PETER KENNEDY (SHEA P KENNEDY) (Repondents). The Claimant resides in Nevada, and according to the lawsuit, around August of 2023, SHEA P KENNEDY contacted the Claimant unsolicited, apparently after the Claimant had […]
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
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