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DONALD SAVAGLIA of Cetera Involved in REIT Complaints
Former Cetera Advisor Networks Advisor Donald Savaglia Subject of a Customer Complaint Involving Real Estate Investments
OAK CREEK, WISCONSIN
Have you lost money investing with former Cetera Advisor Networks advisor Donald Savaglia? Our law firm is looking into allegations made against Donald Savaglia, from Oak Creek, Wisconsin. According to FINRA BrokerCheck, a customer filed a complaint against Cetera Advisor Networks. The customer alleged that negligence and breach of fiduciary duty by Savaglia in connection with a real estate investment. The customer seeks $100,000 in damages.
Cetera Advisor Networks is a securities brokerage firm and FINRA members. FINRA Rule 3110 provides that Cetera must reasonably supervise the activities of its advisors like Donald Savaglia to ensure compliance with securities rules and regulations, including provision of suitable investment recommendations (per FINRA Rule 2111). Savaglia had been affiliated with Cetera Advisor Networks from April 2013 to May 2019, and he is now affiliated with Woodbury Financial Services. In addition, Savaglia also owns and operates Savaglia Financial Advisors, Tenacity Advisory Group, and Savaglia Tax and Accounting.
Our securities arbitration law firm has represented numerous investors against Cetera in the past. We have also represented investors in Wisconsin, and throughout the country.
Click to view: Savaglia, Donald BrokerCheck 3.1.22