John Acker
Broker Info
Contact data available online
1999 Avenue of the Stars, 36th Floor, Los Angeles, CA 90067
(310) 772-7059
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About John Acker
John G. Acker: A Comprehensive Review
John G. Acker serves as a Managing Director and Financial Advisor at UBS Financial Services Inc. in Los Angeles, California. While Acker’s professional profile showcases various credentials and industry recognition, it is crucial for potential clients to conduct thorough due diligence regarding his firm’s history and practices before engaging his services.
UBS Financial Services Inc., the firm Acker is associated with, has faced several regulatory challenges in the past. In 2006, UBS settled a civil suit filed by New York, which accused the firm of defrauding thousands of customers through its “InsightOne” brokerage program. UBS was required to reimburse affected customers with $21.3 million and pay an additional $2 million penalty for its alleged misconduct.
More recently, in 2022, UBS faced arbitration where clients accused the bank of misrepresenting a complex options trading strategy. The arbitration panel ordered UBS to pay over $1.4 million to resolve claims of mishandling and insufficient transparency regarding the strategy’s risks. These incidents reflect broader compliance and oversight concerns tied to UBS as an institution, which may indirectly influence client trust and confidence.
While these regulatory actions do not directly implicate Acker, his affiliation with UBS warrants careful scrutiny. Prospective clients should carefully assess the firm’s history of compliance and regulatory accountability, review related disclosures, and engage in candid discussions with Acker about any potential concerns. Transparent communication and a clear understanding of institutional practices are critical to making informed financial decisions in today’s complex advisory landscape.
- This summary is automatically created and published by data analyzed and provided by DeepSeek, Grok and Google.
Red Flags & Disclosures on John Acker
On August 1, 2008, a customer dispute was filed against a financial advisor regarding the recommendation of auction rate securities. The client’s counsel alleged that the advisor misrepresented these securities, claiming they were as liquid as money market funds, redeemable in 7 or 21-day intervals, and entirely safe with no risk of losing principal. The client sought damages amounting to $5,000.00, citing dissatisfaction with the unexpected lack of liquidity during a period of unprecedented market events.
The financial advisor responded to the allegations, asserting that the complaint arose due to a market-wide breakdown in liquidity for auction rate securities, which was beyond their control. The advisor emphasized that the securities’ risks were misjudged in the context of these extraordinary circumstances. After reviewing the case, it was closed without action taken against the advisor, suggesting that the allegations were not substantiated. This outcome highlights the complexities and challenges of navigating volatile market conditions, as well as the importance of thorough communication about the potential risks associated with investment products.
How to report John Acker to FINRA
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Investors distrust FINRA BrokerCheck reports because they often omit key information, are susceptible to manipulation by brokers, and fail to provide the detailed insights necessary for evaluating financial advisors. Disclosure manipulation is facilitated by limited termination reporting, expungement processes, and selective data presentation. Meanwhile, the lack of detail stems from FINRA’s preference for concise reports over comprehensive transparency, despite having access to richer data.
FINRA has stated it aims to balance investor protection with fairness to brokers, limiting disclosures to what it deems "relevant" and "appropriate." This approach avoids overwhelming users but sacrifices the depth investors need for informed decisions.
Report John Acker to Broker Complaints
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by: Jasper Cliffside
Steer clear. His entire pitch is rehearsed manipulation designed to get your cash, not grow it.
by: Ivy Wrenfield
He used my trust and lack of experience against me. Nothing but lies and disappearing money.
by: Rowan Stormcrest
Acker’s “advice” led me straight into financial ruin. He acts friendly until you question his shady strategies.
by: Nathan Dubois
Would you trust a surgeon working at a hospital known for malpractice? Think twice before trusting your money with UBS.
by: Yara Othman
His firm was caught pushing risky strategies without proper disclosure. If you’re not careful, you could be next.
by: Junaid Aslam
Acker may seem polished, but he works for UBS—a firm fined millions for misleading clients. That’s a red flag, not a credential.