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Randall Larson Terminated by Arete Wealth Management

Randall Larson (CRD #: 5862743), a broker registered with 25 Financial, has been fired by Arete Wealth Management. This disclosure appears on his BrokerCheck record, accessed on December 18, 2023. Details concerning his termination are provided below. 

On October 11, 2023, Arete Wealth Management fired Randall Larson following allegations that the broker had not been forthcoming during an internal investigation. 

On March 19, 2019, an investor alleged that Randall Larson breached his fiduciary duties as an advisor associated with Larson Financial Securities by failing to prevent the alleged activities of Jeffrey Larson

The investor sought $10.5 million but the dispute was denied. Investors should know, however, that firms can deny disputes without any external review. Our securities attorneys can still recover losses following a denial via FINRA arbitration

Fiduciary Duties

Registered Investment Advisors are fiduciaries, and fiduciaries are required to act in their clients’ best interests. Brokers are not fiduciaries but must abide by FINRA Rule 2111 and Regulation Best Interest. (To learn more about the differences between brokers and Registered Investment Advisers, click here.) 

Background Information 

Randall Larson has passed the following exams: 

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

He is a registered broker in 14 states and is a registered investment adviser in Missouri and Texas. 

During his 12 years of experience, he has registered with the following firms: 

  • Great Point Capital (CRD #: 114203) 
  • 25 Financial (CRD #: 317916) 
  • Arete Wealth Advisors (CRD #: 145488)
  • Arete Wealth Management (CRD #: 44856) 
  • Larson Financial Group (CRD #: 140599) 
  • Larson Financial Securities (CRD #: 152517) 

Kurta Law Can Help 

If you have worked with Randall Larson and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.