Michael Archimede Barred from Securities Industry

WAUKESHA, WISCONSIN     Did you invest with advisor Michael Archimede in Waukesha, Wisconsin? The securities and investment fraud law firm of Israels & Neuman is reviewing allegations against Michael Archimede, who previously worked with PFS Investments (Primerica).  In January 2024, he was barred from the securities industry by FINRA.

According to FINRA’s allegations, he was “permitted to resign” by PFS Investments in late 2023.  He allegedly admitted to borrowing money from a customer.  Generally, financial advisors cannot borrow money from clients, with limited exceptions.

Michael Bob Archimede was registered with PFS Investments from January 2010 to December 2023.  He worked in Waukesha, Wisconsin.  He also was the subject of a customer complaint made in November 2023.

Our investment fraud law firm has recovered millions of dollars for investors in the past from numerous brokerage firms across the country.

FINRA AWC can be found HERE

BrokerCheck Report can be found HERE

If you lost money with Michael Bob Archimede, or PFS Investments, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.