Mark Bruscianelli: JBT Wealth Advisor Receives $260K Complaint

Chicago financial advisor Mark Bruscianelli (CRD# 4177839) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is registered as a broker with B. Riley Wealth Management, doing business as JBT Wealth Management.

Mr. Bruscianelli’s BrokerCheck report disclose several investor complaints. The most recent, filed inApril 2024, alleges that as a representative of National Securities Corporation, he recommended unsuitable real estate and other investments in the customer’s retirement accounts. The pending complaint alleges damages of $260,000.

An earlier investor complaint, filed in 2014, alleged that as a representative of National Securities Corporation, he made excessive trades, breached his fiduciary duty, acted negligently, and recommended unsuitable investments. In 2015 the complaint reached a settlement of $22,500.

JBT Wealth Management’s website includes a profile of Mr. Bruscianelli that describes his background and experience as the firm’s Vice President, Investments. “Mark has a passion for educating people on financial literacy both personally and professionally,” it states. “By focusing on fundamentals, he prides himself in the utilization of technical analysis for mitigating risk and losses in the stock market.”

According to the Financial Industry Regulatory Authority, Mark Bruscianelli holds 24 years of securities industry experience. Based in Chicago, Illinois, he has been registered as a broker with B. Riley Wealth Management since 2022, doing business as JBT Wealth Management. His past registrations include National Securities Corporation (Chicago, Illinois; 2002-2022) and First Union Securities Financial Network (St. Louis, Missouri; 2000-2001). His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He holds 21 state licenses. (Information current as of June 20, 2024.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.