NICHOLAS THOMAS AVELLO is currently employed as a Broker and/or Investment Adviser at SORSBY FINANCIAL CORP. located at 676 N MICHIGAN AVE, SUITE 3605, CHICAGO, IL, 60611.
NICHOLAS THOMAS AVELLO has worked at SORSBY FINANCIAL CORP. since January 14, 2015
NICHOLAS THOMAS AVELLO is also currently employed as a Broker and/or Investment Adviser at ELKHORN SECURITIES, LLC located at 845 W WASHINGTON BLVD.THIRD FLOOR, CHICAGO, IL, 60607|845 W WASHINGTON BLVD.THIRD FLOOR, CHICAGO, IL, 60607 since May 05, 2014
NICHOLAS THOMAS AVELLO is also currently employed as a Broker and/or Investment Adviser at FOREST SECURITIES,INC. located at 105 WEST ADAMS STREET#3700, CHICAGO, IL, 60603 since January 01, 1970
NICHOLAS THOMAS AVELLO is also currently employed as a Broker and/or Investment Adviser at STONEHAVEN, LLC located at 275 MADISON AVENUESUITE 2002, NEW YORK, NY, 10016 since April 03, 2008
Disclosure History
NICHOLAS THOMAS AVELLO has 1 Disclosure Event(s).
Date: August 23, 2017 Category: Customer Dispute Allegations: Customer alleges churning, unauthorized trading, fraud, breach of fiduciary duty against registered rep of record & Forest Securities, Customer alleges wrong doing as control person liability on Nick Avello FINop, CCO and President as control persons. Customer alleges wrong doing occurred from 4/2012 to 5/2016 at Forest Securities, Inc. Allegations claim activity occurred dating back to 2009 Damage Amount Requested: $5,001.00 Broker Comment: I was falsely named in the complaint, based only on my title not my role in any of the allegations, as Lawyers try to blackmail as many pockets as possible. The trustees failed to perform their fiduciary duties from 2008 to the date of death of the controlling trustee. The claim is without merit and I plan to counter sue the plaintiffs; [third party], [third party] and [third party] were negligent in their attendant duties and allowed their Father/ Husband [third party] to use the charity as his own entity! The financial industry is the only industry that is required to follow the Rule of Law. The SRO policy is Guilty unit you can prove your innocence!
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