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Scott Weir Allegedly Misrepresented a Wrap Account Strategy

Scott Weir (CRD #: 2196183), a broker registered with Osaic Wealth, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 24, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On August 27, 2025, an investor alleged Scott Weir misrepresented a wrap account strategy. The investor sought $239,697, but the dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without any external review, and investors can still recover following a denial.

Misrepresentation

FINRA Rule 2020 prohibits the use of manipulative or deceptive tactics to influence the purchase and sale of securities. Misrepresenting an investment’s risks, requirements, or other features violates this rule.

Background Information

Scott Weir has passed the following exams:

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 6 Investment Company Products / Variable Contracts Representative Examination

He is a registered broker in 14 states and is a registered investment adviser in Florida, Michigan, Texas, and Wisconsin.

During his 33 years of experience, Scott Weir has registered with six firms:

  • Osaic Wealth (CRD #: 23131)
  • Woodbury Financial Services (CRD #: 421)
  • First Heartland Consultants (CRD #: 110377)
  • First Heartland Capital (CRD #: 32460)
  • Thrivent Investment Management (CRD #: 18387)
  • Lutheran Brotherhood Securities (CRD #: 4205)

Kurta Law Can Help

If you worked with Scott Weir 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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