Michael Roberts

Michael D. Roberts, a former representative of Triad Advisors, is the subject of a recent customer complaint alleging he recommended unsuitable private placements and real estate investments that led to over $2.2 million in losses. The alleged misconduct began in 2013 and involves high-risk investment products that may not have been appropriate based on the customer’s financial profile.

According to FINRA’s BrokerCheck, Roberts previously worked with Triad Advisors from 2017 to 2023 and also held positions at Coastal Equities and Centaurus Financial. He is currently registered with The Strategic Financial Alliance. Roberts operated out of offices in Eugene, Oregon; Gilbert, Arizona; and Chandler, Arizona.

This is not the first complaint filed against Roberts. Past allegations include a 2010 case that settled for approximately $85,000 and a 2018 case that settled for $7,500.

FINRA rules require brokers to recommend investments that align with each client’s age, investment objectives, risk tolerance, and financial situation. Brokerage firms are also obligated to supervise their representatives. If Roberts’ firms failed to fulfill these duties, they may be liable for customer losses.

If you were a client of Michael Roberts and experienced investment losses, contact ChapmanAlbin to find out if you may be entitled to pursue a claim for financial recovery.

Call 1-877-410-8172 or visit chapmanalbin.com to schedule a free consultation.