Nathan Daniel Goad (CRD #5421740) Has 5 Customer Dispute Disclosures on FINRA BrokerCheck

Nathan Daniel Goad (CRD #5421740) is a broker and investment adviser representative with customer disputes on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 10, 2026. It reflects five pending customer disputes. If you invested with Nathan Goad and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Nathan Goad’s FINRA BrokerCheck Report reflects five pending customer dispute disclosures. Two examples are below. BrokerCheck shows three additional customer dispute disclosures in the same category.

On January 21, 2026, a customer alleged breach of fiduciary duty, negligence, and misrepresentation based on Nathan Goad’s recommendation of private placements between April 2022 and January 2023. Nathan Goad FINRA BrokerCheck lists the product as direct investment-DPP & LP interests and the alleged damages as $250,000. The matter is pending in FINRA arbitration under docket 26-00090.

On January 20, 2026, a customer alleged breach of fiduciary duty, negligence, and misrepresentation based on Nathan Goad’s recommendation of private placements between January 2021 and May 2022. Nathan Goad FINRA BrokerCheck lists the product as direct investment-DPP & LP interests and the alleged damages as $1,534,000. The matter is pending in FINRA arbitration under docket 26-00086.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for a recommendation. That duty matters when brokers recommend private placements. These products can be complex, illiquid, and hard to value.

Rule Summary #2: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires firms to maintain a supervisory system designed to achieve compliance with securities laws and FINRA rules. Private placement sales can raise supervision issues when firms fail to review recommendations, disclosures, or sales practices closely.

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, Nathan Goad:

Is currently registered with J. Alden Associates, Inc. He is also currently registered as an investment adviser representative with Alden Investment Group.

Has passed the Securities Industry Essentials (SIE) exam. Nathan Goad has passed Series 7 and Series 6. He has also passed Series 63 and Series 65.

Was previously registered with firms that include Cetera Investment Services LLC, Transamerica Financial Advisors, Inc., and InterSecurities, Inc.

Kurta Law Can Help

If you have worked with Nathan Goad 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: Securities Attorney | Investment Fraud

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.