Syed Ali Farooq Permitted to Resign from Forefront Wealth Partners

Syed Ali Farooq (CRD #: 4815808) has been permitted to resign from Forefront Wealth Partners. This disclosure appears on his BrokerCheck record, accessed on November 8, 2025. Keep reading if you have questions regarding his alleged conduct.

Employment Separation After Allegations

On October 1, 2025, Forefront Wealth Partners permitted Syed Ali Farooq to resign following allegations that he violated firm compliance policies regarding unapproved outside business activities.

Syed Ali Farooq has the following outside business listed on his detailed BrokerCheck record: Vice President of Islamic residential finance at Devon Bank.

Outside Business and Selling Away

FINRA Rule 3270 requires brokers to inform their firm of any outside business activities or any investments sold away from the firm. The brokerage firm may prohibit the activity if the firm believes the proposed activity may compromise the broker’s duties. Firms may also require brokers to seek approval of any outside business.

Background Information

Syed Ali Farooq Permitted to Resign from Forefront Wealth Partners

Syed Ali Farooq has passed the following exams:

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

He has registered with the following firms:

• Calton & Associates (CRD #: 20999)
• Westpark Capital (CRD #: 39914)
• Protected Investors of America (CRD #: 6082)
• Saturna Brokerage Services (CRD #: 18437)
• C. Ziegler and Company (CRD #: 61)
• Merrill Lynch, Pierce, & Smith (CRD #: 7691)

Kurta Law Can Help

If you worked with Syed Ali Farooq 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.