Jamie Nowakowski Allegedly Sold Unsuitable Investments
Jamie Nowakowski (CRD# 4472043), formerly a broker registered with Equitable Advisors, made unsuitable investment recommendations, according to several investor disputes. MDF Law is investigating the former Venice, Florida-based financial professional, who did business as Advanced Wealth Strategies, for similar conduct. If you are former client with concerns about your accounts, contact us for a free, confidential discussion about your situation.
For more information about the allegations involving Ms. Nowakowski, continue reading. The details herein are sourced from her BrokerCheck profile, a Financial Industry Regulatory Authority record examined on January 21, 2025.
Pending Disputes Concern Alternative Investments
In 2024, two parties of investors filed disputes involving Ms. Nowakowski that are still pending. Both claims detail allegations that she recommended unsuitable alternative investments, though they don’t specify the products in question. The disputes seek at least $80,000 in alleged damages.
Past Disputes Alleged Misrepresentation, Suitability Issues
The above-described pending disputes are not the only such claims in Ms. Nowakowski’s past. Since 2022, four other parties of investors lodged disputes involving her advice. These claims include allegations of unsuitable recommendations, misrepresentation of material information, and the failure to perform adequate due diligence. Her former member firm settled the claims for a total of $207,000.
Advanced Wealth Strategies Advisor
As her BrokerCheck record reflects, Ms. Nowakowski operated under the brand Advanced Wealth Strategies. In an archived version of that firm’s website, she outlines her mission to help her clients take care of themselves and their families. “I want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk,” the page reads. “Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.”
FINRA: Jamie Nowakowski Last Based in Venice, Florida
Ms. Nowakowski started out as a broker in 2001, the year she registered with Quick & Reilly. Over the following years, she went on to work with firms including IFMG Securities, Wells Fargo Advisors, and Coastal Equities. She joined her most recent member firm, Equitable Advisors, in 2010, and worked at its Venice, Florida office until 2025. Since departing the firm in January 2025, she has not yet registered with any other broker-dealer firm. Boasting 23 years of experience as a broker, she has completed seven industry exams, including the Series 24.
Call MDF Law to Discuss Recovery Options
Investors who suffered losses on investments recommended by Jamie Nowakowski may have recovery options. Call MDF Law for a free consultation about whether the FINRA arbitration process is appropriate for your case. Our team is especially interested in hearing from you if any of the following circumstances apply:
- Your broker recommended excessively risky investments or strategies, given your background;
- Your broker did not adequately disclose the risks of investment strategies, such as margin strategies or short-selling;
- Your broker did not adequately disclose the risk that you might lose your principal;
- Your investments included a substantial amount of your net worth.
The dedicated broker fraud attorneys at MDF Law have recovered tens of millions for their clients. Call 800-767-8040 today to speak with an attorney for free.