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Loren Grabau Fired by X Advisors and Independent Financial Group

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
November 1, 2025 at 1:51am

Loren Grabau (CRD #: 6984490) has been fired by X Advisors. This disclosure appears on his BrokerCheck record, accessed on October 31, 2025. Keep reading if you have questions regarding his alleged conduct.

Employment Separation After Allegations

On August 18, 2025, X Advisors fired Loren Grabau following allegations that he removed confidential customer information in anticipation of resigning and establishing a competing advisory firm, in violation of Regulation S-P.

On August 5, 2025, Independent Financial Group fired Loren Grabau for the same allegations.

Regulation S-P

Firms are required to safeguard their clients’ personal information under Regulation S-P, which restricts firms from disclosing client information to unaffiliated third parties without proper disclosure.

Background Information

Loren Grabau has passed the following exams:

  • Series 66 Uniform Combined State Law Examination
  • SIE Securities Industry Essentials Examination
  • Series 7TO General Securities Representative Examination

Kurta Law Can Help

If you worked with Loren Grabau 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. 

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