Our firm is investigating Realta Equities, Inc. broker and Realta Investment Advisors, Inc. investment adviser representative James Marion Nelson (CRD# 1931451) of Lake Wales, Florida for potential investment-related misconduct.
According to his FINRA BrokerCheck report, Nelson is currently registered with Realta Equities, Inc. and Realta Investment Advisors, Inc. His record reflects one customer dispute disclosure.
Financial Advisor’s Career History
According to his FINRA BrokerCheck report, James M. Nelson has been registered in the securities industry with the following firms:
- Realta Investment Advisors, Inc. — 09/2022 to Present
- Realta Equities, Inc. — 08/2022 to Present
- Kalos Management — 11/2018 to 09/2022
- Kalos Capital, Inc. — 09/2018 to 09/2022
- Lineweaver Wealth Advisors — 03/2015 to 10/2018
- Triad Advisors LLC — 03/2015 to 09/2018
- SPC — 06/2011 to 03/2015
- Sigma Financial Corporation — 10/2008 to 03/2015
- Signator Investors, Inc. — 2007/2008 to 10/2008
- Questar Capital Corporation — 01/2007 to 08/2007
- Next Financial Group, Inc. — 08/2003 to 01/2007
- Spectrum Assets, Inc. — 10/2004 to 12/2006
- Westminster Financial Securities, Inc. — 06/2002 to 08/2003
- Allen & Company of Florida, Inc. — 01/1996 to 05/1996
- MetLife Securities Inc. — 03/1989 to 01/1994
- Metropolitan Life Insurance Company — 03/1989 to 01/1994
FINRA also reports that Nelson holds the Certified Financial Planner professional designation.
Nelson reports several outside business activities, including serving as owner/president of Steward Enterprises, Inc., d/b/a On Point Wealth Management, work involving financial planning, portfolio management, investments, insurance and annuity sales, and a role associated with Tax Alpha Companies.
James Marion Nelson Allegations and Investor Complaint Explained
FINRA BrokerCheck reflects one customer dispute reported for James M. Nelson.
According to the disclosure, the customer alleged that illiquid private investments were unsuitable for the customer’s financial profile and liquidity needs. The employing firm when the alleged activities occurred was Realta Equities, Inc.
Customer Complaint: Alleged Unsuitable Illiquid Private Investments
The BrokerCheck disclosure states that the claimant alleged investments in illiquid private investments were unsuitable based on the investor’s financial profile and need for liquidity.
The disclosure provides the following information:
- Disclosure Type: Customer Dispute
- Firm involved: Realta Equities, Inc.
- Allegations: Illiquid private investments allegedly unsuitable for the customer’s financial profile and liquidity needs
- Product Type: No Product specified
- Alleged Damages: $0.00
- Damages Explanation: Alleged compensatory damages were not specified
- Date Complaint Received: 06/07/2026
- Written Complaint: Yes
- Arbitration or Civil Litigation: No
- Complaint Pending: No
- Status: Closed/No Action
- Status Date: 08/06/2026
Disclosure Summary
- Customer Dispute — Closed/No Action
- Firm: Realta Equities, Inc.
- Allegations: Unsuitable illiquid private investments
- Claimed concern: Investments allegedly did not match the customer’s financial profile and liquidity needs
- Complaint received: June 7, 2026
- Compensatory damages: Not specified
- Written complaint: Yes
- Arbitration/civil litigation: No
- Status: Closed/No Action
- Status date: August 6, 2026
Conclusion
Investors evaluating this disclosure should note that the customer complaint is not pending. FINRA BrokerCheck identifies the matter as Closed/No Action, with a status date of August 6, 2026.
The existence of a customer complaint does not by itself establish wrongdoing. FINRA explains that disclosure matters may involve allegations that are contested and may ultimately be withdrawn, dismissed, denied, or otherwise resolved without a finding of wrongdoing.
Investors considering doing business with James M. Nelson may want to review his complete FINRA BrokerCheck report under CRD# 1931451 for the most current information regarding his registration and disclosure history.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2111 (Suitability) generally requires brokers, when the rule applies, to have a reasonable basis to believe a recommendation is suitable for a customer based on the customer’s investment profile. Relevant considerations can include investment objectives, risk tolerance, financial circumstances, time horizon, and liquidity needs.
Claims involving illiquid private investments can raise suitability concerns when an investor needs ready access to funds or when the investments expose the customer to risks inconsistent with his or her financial profile. In Nelson’s reported disclosure, the customer specifically alleged that illiquid private investments were unsuitable for the customer’s financial profile and liquidity needs. The complaint was subsequently reported as Closed/No Action.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, unsuitable recommendations, and other investment-related misconduct. 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.