Financial Advisor Brian Eric Cantel has Three Disclosed Customer Disputes

• March 31, 2026
• Berthel Fisher & Co.

Broker’s Background

 

Brian Eric Cantel (CRD #: 1743229) is registered with Berthel, Fischer & Company Financial Services, Inc. He is located in Flowery Branch, GA. Cantel’s past employers include Berthel, Fischer & Company Financial Services, Inc., BFC Planning, Inc., ING Financial Partners, Inc., Locust Street Securities, Inc. and Fidelity Equity Services Corporation.

 

 

Current and Past Allegations of Conduct Leading to Investment Loss

 

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in August 2025, Brian Eric Cantel became the subject of a customer dispute alleging, “investments purchased from 2015-2022 were unsuitable and/or not in their best interest and were misrepresented to them” and “the firm failed to supervise the registered representative and properly supervise the accounts”. The damage amount requested is $1,500,000.00.

In addition, Brian Eric Cantel has been the subject of two past FINRA disclosures:

 

• November 2022—” The clients allege the investments they purchased between 2012 and 2019 were misrepresented to them, were unsuitable, and led to overconcentration of high-risk investments in their accounts. They further allege the firm failed to conduct adequate due diligence of the recommended investments and was negligent in its supervision of the representative.” The case was settled for $56,000.

 

• March 2021—” The client alleges the investments he purchased in 2015-2018 were unsuitable and misrepresented to him by the representative. The client also alleges the firm failed to supervise the activities of the representative and failed to conduct adequate due diligence.” The case was settled for $10,000.

 

For a copy of Brian Eric Cantel’s FINRA Broker Check, click here

 

We Help Investors Recover Investment Losses

 

Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

 

Reasonable basis suitability requires that a recommended investment or investment strategy be suitable or appropriate for at least some investors. Reasonable basis suitability requires an advisor to conduct adequate due diligence so that he or she can determine the risks and rewards of the investment or investment strategy.

 

Quantitative suitability requires a brokerage firm or financial advisor with actual or de facto control over a customer’s account to have a reasonable basis for believing that a series of recommended transactions – even if suitable when viewed in isolation – is not excessive and unsuitable for the customer when taken together in light of the customer’s investment profile. No single test defines excessive activity, but factors such as the turnover rate, the cost-equity ratio, and the use of in-and-out trading in a customer’s account may provide a basis for a finding that a member or associated person has violated the quantitative suitability obligation.

 

Customer-specific suitability requires that a member or associated person have a reasonable basis to believe that the recommendation is suitable for a particular customer based on that customer’s investment profile. Among the criteria that a financial advisor must evaluate to satisfy his or her customer-specific suitability obligations include the investor’s age, tax status, time horizon, liquidity needs, and risk tolerance; a client’s other investments, financial situation and needs, investment objectives, and any other information disclosed by the customer should also be considered.

 

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies, and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at (855) 289-7868 or by email at mwolper@wolperlawfirm.com.