TK Daniel Chen: $500K GWG Complaint Against TKC Wealth Advisor

Dallas, Texas financial advisor TK Daniel Chen (CRD# 2394916) recently received an investor complaint alleging that he recommended an unsuitable GWG L bond investment. Financial Industry Regulatory Authority records show that he is registered as a broker with Landolt Securities and an investment advisor with TKC Wealth Management.

Mr. Chen’s BrokerCheck report discloses one recent investor complaint. Filed in December 2024, it alleges that as a representative of Landolt Securities, he recommended an unsuitable investment in a GWG L bond. The pending complaint alleges damages of $500,000.

In a statement included with the complaint’s disclosure, Mr. Chen defends himself against the allegations. “Broker denies the allegations,” the statement explains. “Client acknowledged suitability of investment and understanding of risk in writing.”

A second disclosure on his BrokerCheck report concerns his termination from JPM Chase Bank. Filed in 2011, it states that the firm fired him in connection with allegations that he “conducted business with customers located in unapproved countries, and did not provide accurate mailing addresses.” He also allegedly “maintained pre-signed documents,” the disclosure states.

TKC Wealth Management’s website includes a profile of Mr. Chen that describes his experience and services as the firm’s President and CEO. “His experience includes tax-efficient portfolio construction, and he frequently consults with his clients on investment opportunities, succession planning and the financial aspects of various immigration matters,” the profile states. “He has been working with clients on their investment strategies for wealth management for over twenty-seven years in both banking and wealth management.”

According to the Financial Industry Regulatory Authority, TK Daniel Chen holds 30 years of securities industry experience. Based in Dallas, Texas, he has been registered as a broker with Landolt Securities since 2017 and an investment advisor with TKC Wealth Management since 2012. His past registrations include Richfield Orion International, Wellborn Capital, Civitas Wealth Management, Chase Investment Services, Comerica Securities, Fimco Securities Group, and Comerica Financial Services. His credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63. He holds 15 state licenses. (Information current as of January 18, 2025.)

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