Aaron Graham: AG Financial Advisor Discloses $1.95mm Settlement

Salt Lake City financial advisor Aaron Graham (CRD# 3167246) has received multiple investor complaints alleging that he recommended unsuitable investments. Financial Industry Regulatory Authority records show that he is registered as a broker with United Planners’ Financial Services and an investment advisor with AG Financial.

Mr. Graham’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in 2023, alleged that as a representative of United Planners’ Financial Services, he breached his fiduciary duty, committed fraud, violated the Utah Securities Act, recommended an unsuitable exchange-traded fund, and engaged in professional negligence. In April 2024 the complaint reached a settlement of $1,950,000.

A second investor complaint, filed in 2021, similarly alleged that as a United Planners’ representative, he recommended an unsuitable exchange-traded fund. In 2022 the complaint reached a settlement of $850,000.

A third investor complaint, filed in 2007, alleged that as a representative of UBS Financial Services, he committed forgery, made unauthorized trades, and recommended unsuitable annuities. In 2008 the complaint reached a settlement of $75,000.

AG Financial’s website includes a profile of Mr. Graham that describes his background and experience as the firm’s founder. “In his role, Aaron takes a focused approach to wealth management, guiding clients and families through investing, retirement and everything in between,” it explains. “Prior to founding AG Financial over a decade ago, Aaron spent 5 years in the financial services sector as an advisor with Prudential Securities before moving on to Paine Webber as a VP of Investments. While he accumulated invaluable expertise during that time, Aaron quickly realized that a more personalized, hands-on approach was the only way to achieve the best results for his clients.”

According to the Financial Industry Regulatory Authority, Aaron Graham holds 25 years of securities industry experience. Based in Salt Lake City, Utah, he has been registered as a broker with United Planners’ Financial Services since 2005 and an investment advisor with AG Financial since 2006. His past registrations include G2 Financial Group, Raymond James Financial Services, UBS Financial Services, and Prudential Securities. His credentials include the passage of six securities industry qualifying exams: the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He holds 17 state licenses. (Information current as of August 5, 2024.)

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