FINRA suspended securities broker William David Miller [CRD: 4547912, Cary, North Carolina], and one or more investors complained about him, according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. William Miller worked for Osaic Wealth Inc. from January 24, 2025, to September 26, 2025, Osaic FS Inc. from December 27, 2018, to January 24, 2025, and Woodbury Financial Services Inc. from June 12, 2015, to January 2, 2019. See below to find out more about the disclosures involving William Miller.
FINRA Sanctioned Miller For Alleged Failure To Respond To FINRA
Specifically, on April 13, 2026, FINRA issued Case: 2025087612601 sanctioning William Miller. According to the regulatory disclosure, FINRA initiated the matter on March 20, 2026, and sought a suspension after alleging that Miller did not provide information requested during a regulatory inquiry. FINRA stated that, according to Rule 9552 and a Notice of Suspension dated March 20, 2026, Miller became suspended from associating with any FINRA member firm in all capacities effective April 13, 2026.
The regulator further indicated that if Miller did not request termination of the suspension within three months of the Notice of Suspension, he would automatically become barred from associating with any FINRA member firm in all capacities on June 23, 2026, according to Rule 9552(h).
William Miller Discharged For Alleged Unauthorized Client Activities
Also, Osaic Wealth Inc. disaffiliated with Miller on September 18, 2025. Allegedly, Miller participated in financial dealings that were not permitted by firm policies. The disclosure indicates that a client claimed money was moved for what the client believed were investment-related purposes following Miller's recommendation, and that the party receiving the funds had not been approved by the broker-dealer.
PNC Investments Client Accused Miller Of Misrepresentation And Unsuitable Recommendations
Particularly, a PNC Investments client filed FINRA Arbitration No. 10-02595 about William Miller. Primarily, the client alleged that Miller made misrepresentations and made unsuitable recommendations involving FNMA preferred shares. Because of this, the client allegedly sustained damages linked to stocks. Therefore, on March 9, 2012, PNC Investments settled this matter by paying the client $10,000.
Have You Made Investments Through Securities Broker / Financial Advisor William Miller?
Are you concerned about investments you made through William Miller? Get in touch with Soreide Law Group at (888) 760-6552 or online. Consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the United States. Also, our securities lawyers work on a contingency fee basis and advance all costs. Miller and brokerage firms Miller worked for deny allegations of sales practice violations.
