Our firm is investigating Osaic Wealth, Inc. financial advisor Jon Taylor III (CRD# 7290665) of San Antonio, Texas for potential investment-related misconduct involving unauthorized trading and alleged misrepresentations.
Financial Advisor’s Career History
Jon Taylor III entered the securities industry in 2020. According to FINRA records, he has been registered as a General Securities Representative and Investment Adviser Representative with Osaic Wealth, Inc. since October 2020 and February 2021, respectively. He operates out of the firm’s San Antonio, Texas branch office.
Taylor has passed the Series 7, Series 66, and Securities Industry Essentials (SIE) examinations. He has no reported principal or supervisory licenses. His registration history reflects employment exclusively with Osaic Wealth, Inc., alongside disclosed outside business activities related to Platinum Wealth Solutions involving insurance, annuities, and advisory services.
Jon Taylor III Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck records disclose one pending customer dispute involving allegations of sales practice violations.
Pending FINRA Customer Complaint (Filed November 30, 2025)
- Allegations: Unauthorized trading of an equity position and misrepresentation of a variable universal life insurance policy
- Product Types Involved: Listed equities and insurance products
- Alleged Damages: At least $5,000 (good-faith estimate by the firm)
- Employing Firm at Time of Alleged Misconduct: Osaic Wealth, Inc.
- Status: Pending
- Complaint Type: Written customer complaint (not arbitration or civil litigation at this stage)
This complaint alleges that trades were executed without proper customer authorization and that material aspects of an insurance product were misrepresented. As of the most recent FINRA report, the matter remains unresolved with no settlement or adjudication.
Summary of Disclosures:
- Customer Dispute (Pending) – Unauthorized trading and misrepresentation; damages alleged to exceed $5,000
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2111 (Suitability) requires brokers and investment advisors to have a reasonable basis to believe that a recommendation is suitable for a customer based on the client’s financial situation, objectives, and risk tolerance. Allegations involving misrepresentation of insurance or investment products may implicate failures to meet these suitability obligations.
FINRA Rule 2010 requires brokers to observe high standards of commercial honor and just and equitable principles of trade. Claims of unauthorized trading directly implicate this rule, as executing transactions without customer consent undermines core ethical standards governing the securities industry.
FINRA Rule 4512 (Customer Account Information) obligates firms and brokers to maintain accurate account records and customer authorizations. Unauthorized trading allegations often raise questions about whether proper documentation, approvals, and supervisory controls were in place.
Losing your savings to a dishonest broker or advisor can be devastating, but you do not have to face it alone. Robert Wayne Pearce and his team have spent over four decades helping investors who were misled or defrauded by Wall Street firms. The Law Offices of Robert Wayne Pearce, P.A. takes cases nationwide on a contingency fee basis. You pay nothing unless we recover your losses. Call (800) 732-2889 or email pearce@rwpearce.com today for a free and confidential consultation.