An Osaic Wealth customer arbitration filed on September 9, 2026 names Mark Snyder (CRD 1003418). No arbitrator has ruled on it, and its allegations remain unproven. BrokerCheck also lists an earlier estate dispute at Royal Alliance Associates, which settled in 2021.
The claimant filed this case against Mark Snyder under docket number 26-0206314. The disclosure names Osaic Wealth as the firm and lists alleged damages of $311,854.
Its description on BrokerCheck says the claimant came to the branch office and redeemed his $215,000 in accounts. These are the claimant's allegations in a pending case. Snyder and the firm can respond in the arbitration.
Alternative investments include products such as non-traded REITs and private placements. Many do not trade on an exchange. Some limit when an investor can cash out, and fees often run higher than for listed funds.
FINRA's suitability rule asks whether a recommendation fits the customer's investment profile. That profile covers age, income, goals, time horizon and risk tolerance. Suitability also looks at concentration, meaning how much of an account sits in a single product or category.
When we review a claim like this, we start with the new account form and the statements from the period in question. The estate dispute on Mark Snyder's report turned on this kind of allegation.
An estate for a deceased client filed the earlier claim on January 22, 2019. The disclosure names Royal Alliance Associates as the firm. According to BrokerCheck, the estate alleged that alternative investments were not suitable and sought $100,000. Under docket 19-00242, the case settled on February 10, 2021 for $7,500.
In a statement on BrokerCheck, Mark Snyder said the estate "isolated specific underperforming investments and disregarded entire account gains." He added that his broker-dealer settled the claim for a sum "far less than cost to arbitrate" what he called a "baseless claim." A settlement is not an admission of wrongdoing.
FINRA member firms must supervise the activities of their brokers. If you have questions about an account that Mark Snyder handled, call Soreide Law Group at (888) 760-6552. You can also reach us online to speak with a securities attorney. FINRA arbitration is a national forum, so we represent investors in FINRA arbitration across the country. We handle these claims on a contingency fee basis. Learn how FINRA arbitration works.
This post summarizes public FINRA records, including BrokerCheck, as of October 24, 2026. Allegations in customer complaints and arbitrations are claims, not findings. Pending claims remain open and undecided. A settlement is also not an admission of wrongdoing. FINRA may also update or correct these records after that date.
A claim filed on September 11, 2024 names Thomas Hamlin (CRD 2208505) over a 10% Senior Unsecured Note in iCap Fund III. Every disclosure on his BrokerCheck report involves an iCap private placement and names Somerset Securities as the firm. Each one settled, and a settlement is not an admission of wrongdoing.
Peter Po's most recent settlement came on June 28, 2026, when a corporate bond claim settled for $40,000. Po (CRD 3106974) appears in several settled customer disputes over corporate and high-yield bonds. The disclosures name NI Advisors or California Securities as the firm, and each matter ended in a settlement, not a finding.
Realized Financial customer claims over real estate investments name Jacob Adams (CRD 4975889) in pending FINRA arbitrations. The claims are unproven allegations, and no arbitrator has ruled on them. Adams responded to each in a statement on BrokerCheck.
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