Todd Welsh: Ex-UBS Advisor Receives $100K Complaint

Tulsa, Oklahoma financial advisor Todd Welsh (CRD# 3214419) recently received an investor complaint alleging due diligence failures. Financial Industry Regulatory Authority records show that he is registered as a broker with Level Four Financial and an investment advisor with Scissortail Wealth Management.

Mr. Welsh’s BrokerCheck report discloses one investor complaint. Filed in August 2024, it alleges that unsuitable investment recommendations and inadequate due diligence in connection with alternative investments. The pending complaint alleges damages of $100,000. A comment included with the complaint’s disclosure states that Mr. Welsh is not named in the proceeding and that the claimants “do not hold him responsible.”

Scissortail Wealth Management’s website includes a profile of Mr. Welsh that describes his background and experience as a founding partner at the firm. “Todd’s focus at the firm involves acting as the chief investment officer and directing initiatives on investment and risk management strategy,” the profile states. “In addition, he serves as the compliance liaison and oversees firm marketing.”

Elsewhere, the firm describes its approach to working with its clients. “Helping you make sense of your money, explaining things in straightforward terms you can understand, devoting ourselves to doing what’s best for you, and being here to help you tackle the important questions with thoughtful guidance and a helping hand,” it states, “that’s how we genuinely plan to make a positive difference in your life.”

According to the Financial Industry Regulatory Authority, Todd Welsh holds 25 years of securities industry experience. Based in Tulsa, Oklahoma, he has been registered as a broker with Level Four Financial since 2018 and an investment advisor with Scissortail Wealth Management since 2023. His past registrations include UBS Financial Services (Tulsa, Oklahoma; 2009-2018) and Merrill Lynch (Tulsa, Oklahoma; 1999-2009). His credentials include the passage of five securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the National Commodity Futures Examination, or Series 3; the General Securities Representative Examination, or Series 7; the Futures Managed Funds Examination, or Series 31; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Alabama, California, Delaware, Georgia, Kansas, Oklahoma, and Texas. (Information current as of February 19, 2025.)

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.