Andrew Jonathan Tressler (CRD #2776349) Has Customer Dispute, Employment Separation, Criminal, and Judgment/Lien Disclosures on FINRA BrokerCheck

Andrew Jonathan Tressler (CRD #2776349) is a broker registered with Modern Capital Securities Inc. We reviewed his BrokerCheck report on April 28, 2026. It reflects two customer disputes, one employment separation, one criminal disclosure, and two judgment/lien disclosures. If you invested with Andrew Tressler and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation

Andrew Tressler’s FINRA BrokerCheck Report reflects one employment separation disclosure. A summary of the disclosure is below:

On March 2, 2026, Trident Partners Ltd. discharged Andrew Tressler after a compliance review. Andrew Tressler’s FINRA BrokerCheck report states that the firm cited excessive commissions and high turnover. The firm said the activity followed an ACAT transfer from an elderly customer and involved questionable equities. The firm adjusted the commissions, canceled the trades, and terminated him with cause.

Investor Disputes / Customer Complaints

Andrew Tressler’s FINRA BrokerCheck Report reflects two customer dispute award/judgment disclosures. Summaries of the disputes are below:

On August 30, 2017, a customer alleged fraud, negligent misrepresentation, breach of fiduciary duty, and related claims. The customer sought $50,000 in damages. Andrew Tressler’s FINRA BrokerCheck report states that the claims involved leveraged gold ETFs and aggressive market sector stocks. The matter ended in an award on June 18, 2018. The member firm was liable for $16,778 in compensatory damages. Award.

On September 22, 2008, customers alleged fraud, negligence, breach of contract, and breach of fiduciary duty. They also alleged suitability violations, unauthorized trading, churning, and excessive trading. Andrew Tressler’s FINRA BrokerCheck report lists alleged damages of $240,000. The matter ended in an award on August 17, 2009. Tressler was jointly and severally liable for $240,000 plus interest. The broker-reported section lists a customer award of $387,000. It states that he was responsible for the full award.

Criminal Charges

Andrew Tressler’s FINRA BrokerCheck Report reflects one criminal disclosure. A summary of the disclosure is below:

Andrew Tressler’s FINRA BrokerCheck report states that he was charged on December 3, 1994. The charge was petit larceny, a class A misdemeanor. The matter reached a final disposition. The charges were dismissed on March 30, 1995.

Judgment / Lien Disclosures

Andrew Tressler’s FINRA BrokerCheck Report reflects two outstanding tax lien disclosures. Summaries of the disclosures are below:

Andrew Tressler’s FINRA BrokerCheck report lists a New York State tax lien filed on April 3, 2024. The lien amount is $36,560. The report identifies Suffolk as the court and lists docket number 413775.

The report also lists an Internal Revenue Service tax lien filed on February 7, 2023. Andrew Tressler’s FINRA BrokerCheck report lists the lien amount as $168,033.36. It identifies the court as Fairfield, South Carolina, and lists docket number 202323000001.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for recommendations. The rule focuses on the customer’s investment profile. That profile can include risk tolerance, objectives, and liquidity needs.

Rule Summary #2: FINRA Rule 2121 (Fair Prices and Commissions)

FINRA Rule 2121 bars firms from charging commissions that are not reasonable. It also addresses prices that are not reasonably related to the market price. This rule can matter when a disclosure involves excessive commissions.

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 his FINRA BrokerCheck report, Andrew Tressler:

Is currently registered with Modern Capital Securities Inc.

Has passed the Securities Industry Essentials (SIE) exam. Andrew Tressler has passed Series 7 and Series 63.

Was previously registered with firms that include Trident Partners Ltd., Liberty Partners Financial Services, LLC, and American Capital Partners, LLC.

Kurta Law Can Help

If you have worked with Andrew Tressler and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Unsuitable Investments | 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. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.