Andrew Joseph Egber (CRD #1894585) Has a FINRA Bar and Regulatory, Customer Dispute, and Financial Disclosures on FINRA BrokerCheck

Andrew Joseph Egber (CRD #1894585) was formerly registered as a broker. FINRA BrokerCheck shows FINRA barred him. It also shows he is not currently registered. We reviewed his BrokerCheck report on May 5, 2026. It lists two regulatory events, four customer disputes, and three financial disclosures. If you invested with Andrew Joseph Egber and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Actions

Andrew Egber’s FINRA BrokerCheck Report reflects two regulatory action disclosures. A summary is below:

Andrew Egber FINRA BrokerCheck reports that Maryland issued a final order on January 22, 2025. The order imposed a permanent bar, cease-and-desist relief, revocation, and a $500,000 civil penalty. The findings involved a purported California real estate investment. They state that Egber misrepresented promised returns, failed to disclose risks, and misappropriated investor funds for his personal benefit.

Andrew Egber FINRA BrokerCheck also reports a FINRA AWC dated April 26, 2024. Without admitting or denying the findings, Egber consented to a permanent bar. FINRA found that he refused to provide requested documents and information. FINRA also found that he refused to appear for on-the-record testimony. The request related to an investigation that began after a firm reported possible theft of client funds.

Investor Disputes / Customer Complaints

Andrew Egber’s FINRA BrokerCheck Report reflects four customer dispute disclosures. Below are two examples. Two additional customer disputes remain disclosed in this category.

Andrew Egber FINRA BrokerCheck reports a pending customer dispute received on February 27, 2026. The customers alleged they made an outside investment through the financial advisor. They allege funds were not returned and seek $697,328.77.

Andrew Egber FINRA BrokerCheck also reports a settled customer dispute received on April 25, 2024. The customer alleged they made an outside investment through Egber and funds were not returned. The dispute settled for $144,278.94.

Financial Disclosures

Andrew Egber’s FINRA BrokerCheck Report reflects three financial disclosures. Below are two examples. One additional financial disclosure remains in this category.

Andrew Egber FINRA BrokerCheck reports a compromise dated June 29, 2016. BrokerCheck lists the disposition as satisfied/released on December 29, 2016. It involved Wells Fargo Home Mortgage and an original amount owed of $99,000.

Andrew Egber FINRA BrokerCheck also reports a second compromise dated June 29, 2016. BrokerCheck lists the disposition as satisfied/released on January 4, 2017. It involved Wells Fargo Home Mortgage and an original amount owed of $199,000.

Rule Summary #1: FINRA Rule 8210 (Provision of Information and Testimony)

FINRA Rule 8210 gives FINRA authority to require records, documents, information, and testimony. A refusal to respond can lead to severe sanctions, including a bar.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires high standards of commercial honor and just and equitable principles of trade. FINRA often uses this rule when conduct raises serious ethics concerns.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on Andrew Egber’s FINRA BrokerCheck report, Andrew Egber:

Is not currently registered with a brokerage firm.

Has passed the Securities Industry Essentials (SIE) exam. Andrew Egber has passed Series 7. He has also passed Series 65 and Series 63.

Was previously registered with several firms. They include Steward Partners Investment Solutions LLC and Raymond James Financial Services Inc. They also include Wells Fargo Clearing Services LLC, UBS Financial Services Inc., and Legg Mason Wood Walker Inc.

Kurta Law Can Help

If you have worked with Andrew Egber and have concerns about his activity, Kurta Law may be able to help. The firm can help you evaluate your legal options. A securities attorney can assess potential causes of action. Counsel can also explain whether your losses may be recoverable through FINRA arbitration or other avenues. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Selling Away | Securities Attorney

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. An attorney can review the facts. Counsel can then explain possible next steps.