Jody Vander Weide Barred by FINRA Following Termination from Osaic Wealth

Jody Vander Weide (CRD #: 2571083), a broker formerly registered with Osaic Wealth, has been fired from that firm, according to his BrokerCheck record, accessed on August 10, 2025. Read on if you have questions about his alleged conduct as a broker.

Bar by FINRA

On May 30, 2025, Jody Vander Weide consented to the entry of findings that he allegedly failed to provide documents and information requested in connection with a FINRA investigation.

According to a Letter of Acceptance, Waiver & Consent (AWC), this investigation concerned a Form U5 (Uniform Termination Notice for Securities Industry Registration) filed by Sigma Financial Corporation that allegedly disclosed Jody Vander Weide had been fired for possibly engaging in an undisclosed outside business activity by working as an unlicensed investment adviser representative.

The AWC concluded that these allegations constituted violations of FINRA Rules 8210 and 2010.

FINRA Rule 8210

FINRA Rule 8210 requires members to supply records, information, and testimony upon request by FINRA.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Sanctions

Jody Vander Weide’s bar took effect on May 30, 2025. You can read a copy of the AWC here.

Other business activities

Jody Vander Weide’s detailed BrokerCheck record discloses the following outside business activities:

• Selling insurance products and providing financial services through Capstone Financial, Inc.
• Chairperson of Northpointe Christian Educational Foundation
• Co-power of attorney with his brother, performing business and household activities for their mother

Termination from Osaic Wealth

On April 10, 2025, Jody Vander Weide was fired from Osaic Wealth for allegedly failing to fully disclose the circumstances leading to his termination from his previous brokerage firm.

Michigan Regulatory Action

On March 25, 2025, the State of Michigan alleged that Jody Vander Weide acted as an unregistered investment adviser representative (IAR) of an unregistered investment adviser without identifying an exemption from registration.

The state alleged that Jody Vander Weide made false and misleading statements in connection with his application for registration by lying to the Corporations, Securities, and Commercial Licensing Bureau about the reason for his termination from his prior employer.

Further, Jody Vander Weide allegedly charged clients unauthorized fees without his brokerage firm’s approval and attempted to conceal this conduct.

This action is currently pending.

Termination from Sigma Financial Corporation

On March 15, 2024, the Sigma Financial Corporation fired Jody Vander Weide, alleging that he engaged in an undisclosed outside business activity by acting as an unlicensed investment adviser representative.

FINRA Rule 3270

FINRA Rule 3270 requires brokers to disclose to their firm any business activities they engage in outside it, including any compensation they expect to receive.

Background Information

Jody Vander Weide has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Securities Agent State Law Examination – Series 63

He previously worked for the following firms:

• Osaic Wealth (CRD#:23131)
• Sigma Financial Corporation (CRD#:14303)
• Raymond James Financial Services (CRD#:6694)
• Lincoln Financial Advisors (CRD#:3978)
• The Lincoln National Life Insurance Company (CRD#:2580)

Kurta Law Can Help

If you worked with Jody Vander Weide and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.