Our firm is investigating LPL Financial LLC financial advisor and stockbroker Janet M. Fieldman (CRD# 6158241) of Pueblo, Colorado for potential investment-related misconduct.
Janet M. Fieldman Financial Advisor’s Career History
Janet M. Fieldman is currently registered with LPL Financial LLC (CRD# 6413), where she has been registered as both a broker and investment adviser representative since August 25, 2021. BrokerCheck lists her LPL Financial office at 232 S. Union Ave., Pueblo, Colorado 81003.
Fieldman is currently registered with FINRA and licensed in 13 U.S. states and territories. Her current registrations include Arizona, California, Colorado, Florida, Hawaii, Kansas, Louisiana, Missouri, New Jersey, New Mexico, New York, Ohio, and Texas. BrokerCheck also lists her as an investment adviser representative in Colorado and Texas.
Her prior securities industry registration history includes:
- Cambridge Investment Research Advisors, Inc.: March 2016 to September 2021
- Cambridge Investment Research, Inc.: March 2016 to September 2021
- Transamerica Financial Advisors, Inc.: July 2014 to March 2016 as an investment adviser representative
- Transamerica Financial Advisors, Inc.: June 2013 to March 2016 as a broker
BrokerCheck also reports that Fieldman has passed the Series 7, Series 66, and Securities Industry Essentials examinations.
Janet M. Fieldman Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck reports one disclosure event involving Janet M. Fieldman: a pending customer dispute. The pending dispute alleges that, while Fieldman was associated with LPL Financial LLC, a customer claimed that her financial advisor gave improper advice in connection with available options arising from the customer’s brokerage account in November 2021. BrokerCheck identifies the product type as a mutual fund.
Pending FINRA Arbitration Alleging Improper Advice
The customer dispute was filed with FINRA on July 8, 2025. The BrokerCheck disclosure lists alleged damages as $0.00, but explains that damages exceed $5,000 and cannot yet be determined. The matter evolved into a FINRA arbitration in which Fieldman is listed as a named party. The arbitration remains pending under FINRA docket number 25-01403.
For context, the FINRA BrokerCheck disclosure lists the following details:
- Disclosure type: Customer Dispute — Pending
- Reporting source: Broker
- Employing firm when alleged activity occurred: LPL Financial LLC
- Allegation: Customer alleges improper advice in connection with available options arising from the customer’s brokerage account in November 2021
- Product type: Mutual Fund
- Alleged damages: $0.00
- Damage explanation: Damages exceed $5,000 but cannot be determined
- Date complaint received: July 8, 2025
- Date notice/process served: July 8, 2025
- Forum: FINRA arbitration
- Docket/case number: 25-01403
- Arbitration pending: Yes
- Disposition: Pending; no final adjudication, settlement, or finding of wrongdoing is reported in the BrokerCheck report
Fieldman denied the allegations in her BrokerCheck broker statement. She stated that the claimant’s claims are unfounded, that she implemented a strategy designed to comply with the client’s instructions and specific requests, and that she believes she and her broker-dealer will prevail when the evidence is presented to an arbitration panel. The pending customer dispute remains an allegation and should not be treated as a final finding that Fieldman or LPL Financial violated securities laws or FINRA rules.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
To obtain a copy of Janet M. Fieldman’s FINRA BrokerCheck report, visit this link.
FINRA Rule 2111, the suitability rule, is relevant to the pending complaint because the customer alleges improper advice connected to choices arising from a brokerage account involving a mutual fund. In this context, suitability would focus on whether the advice or recommendation was appropriate based on the customer’s investment profile, including objectives, risk tolerance, financial situation, time horizon, liquidity needs, and other relevant facts. Because BrokerCheck identifies the product as a mutual fund, the issue may turn on whether the recommendation or account strategy fit the customer’s needs at the time of the alleged November 2021 advice.
FINRA Rule 2090, the Know Your Customer rule, may also be relevant because the complaint concerns advice allegedly given in connection with the customer’s brokerage account. Rule 2090 generally requires reasonable diligence to know and retain essential facts about the customer and the authority of each person acting on the account. In the context of Fieldman’s pending complaint, a key issue may be whether the advisor had and used sufficient information about the customer’s account, objectives, instructions, and financial circumstances before providing the disputed advice.
FINRA Rule 2010 requires brokers to observe high standards of commercial honor and just and equitable principles of trade. In the context of the pending complaint against Janet M. Fieldman, Rule 2010 may apply broadly to allegations that an advisor gave improper investment-related advice. If the allegations are proven, the question would be whether the advice and related account handling met the industry’s basic fair-dealing standards. The BrokerCheck report states that Fieldman denies the allegations, and the arbitration remains pending.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, and unsuitable recommendations. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis. Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.