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Walter Brown is Facing Allegations that He Forged Customer Signatures

Walter Brown (CRD #: 2520963), a broker registered with Equitable Advisors, is the subject of two new investor disputes. This is according to his BrokerCheck record, accessed on August 3, 2025. Keep reading if you have concerns regarding his conduct as a broker. 

Investor Allegations 

On April 1, 2025, investors alleged that Walter Brown forged their signatures on account opening documents from 2024. 

On March 18, 2025, an investor alleged that Walter Brown forged his signature on brokerage account applications. 

Both disputes were denied by the firm, but investors should know that firms can deny disputes without any external review. Investors can still recover losses following denials. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Forgery violates this rule. 

Background Information 

Walter Brown has passed the following exams: 

  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 63 Uniform Securities Agent State Law Examination 

He is a registered broker in 11 states and is a registered investment adviser in New York. 

Walter Brown has registered with the following firms: 

  • Equitable Advisors (CRD #: 6627) 
  • American Portfolios Advisors (CRD #: 112697) 
  • American Portfolios Financial Services (CRD #: 18487) 
  • Royal Alliance Associates (CRD #: 23131) 
  • Pruco Securities Corporation (CRD #: 5685) 
  • Royce Investment Group (CRD #: 10494) 

Kurta Law Can Help

If you worked with Walter Brown and 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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