Lawrence, Kansas – December 10, 2025 – Brian Thomas Abbott (CRD# 3222569), a former financial advisor with Cambridge Investment Research, Inc., was discharged in October 2025 following an investigation into alleged policy violations. According to his FINRA BrokerCheck record, Abbott was under investigation for failure to follow company policies relating to the sale of indexed annuities, the use of consolidated reports, the facilitation of reverse mortgages, and exceeding firm concentration guidelines for certain alternative products. This disclosure raises questions for investors who may have experienced losses in their accounts while working with Abbott.
BrokerCheck Snapshot
Name: Brian Thomas Abbott
CRD #: 3222569
Firm: Not currently registered
Previous Firm: Cambridge Investment Research, Inc.
Location: Lawrence, Kansas
Years in Industry: 26
Number of Disclosures: 1
Employment Termination Against Brian Thomas Abbott
Brian Thomas Abbott was discharged from Cambridge Investment Research, Inc. on October 7, 2025. According to FINRA records, both the firm and Abbott reported that he was under investigation for failure to follow company policies relating to:
- The sale of indexed annuities
- The use of consolidated reports
- The facilitation of reverse mortgages
- Exceeding firm concentration guidelines for certain alternative products
The product type involved was Annuity-Fixed. This termination was reported by both Cambridge Investment Research Advisors, Inc. and the broker himself, indicating a final disclosure event.
Abbott’s career in the securities industry spanned more than two decades, beginning with Raymond James Financial Services, Inc. in June 1999, where he remained until January 2010. He then joined Cambridge Investment Research, Inc. in January 2010 and remained with the firm until his discharge in December 2019. His FINRA registration ended with this termination, and he is not currently registered as a securities broker.
Pattern of Complaints / Risk Factors
While each case is unique, terminations involving indexed annuities, consolidated reporting practices, and concentration guideline violations may indicate concerns related to unsuitable investment recommendations, inadequate risk disclosures, or a failure to properly supervise client accounts. Investors who held indexed annuities or alternative products in accounts managed by Abbott should carefully review their account statements and seek legal guidance if similar issues occurred.
Can Investors Recover Losses?
Investors who were recommended unsuitable or high-risk investments may be entitled to recover their losses through FINRA arbitration. FINRA arbitration is a dispute resolution process designed specifically for securities-related claims and provides an alternative to traditional court litigation.
Patil Law, P.C. has over 15 years of experience representing investors in FINRA arbitration and securities litigation, with more than $25 million recovered for clients across 1,000+ cases. We provide a free, confidential consultation to review your potential claim. Our firm works on a contingency fee basis, meaning you pay no attorney fees unless we successfully recover money for you.
If you experienced losses involving indexed annuities, alternative investments, or concentration issues while working with Brian Thomas Abbott, contact our office at 800-950-6553 or info@patillaw.com to discuss your options.
About FINRA Arbitration
FINRA arbitration is a streamlined dispute resolution process for securities-related claims. It offers a faster, more cost-effective alternative to traditional court litigation. Most cases are resolved within 12-16 months. Claims generally must be filed within six years of the incident, making it important to act promptly if you suspect broker misconduct.
Related Brokers and Firms
Investors with accounts at Cambridge Investment Research advisors may benefit from reviewing their account history for similar issues. Other advisors at Cambridge Investment Research have also faced customer complaints and regulatory disclosures.
For investors who experienced losses involving specific products or misconduct types, the following resources may be helpful:
Frequently Asked Questions
Q1: What is the complaint against Brian Thomas Abbott?
Brian Thomas Abbott was discharged from Cambridge Investment Research, Inc. in October 2025 following an investigation into alleged failures to follow company policies. The investigation focused on the sale of indexed annuities, use of consolidated reports, facilitation of reverse mortgages, and exceeding firm concentration guidelines for alternative products.
Q2: Can investors recover losses involving Cambridge Investment Research?
Yes. Investors who suffered losses due to broker misconduct at Cambridge Investment Research may be entitled to recover their losses through FINRA arbitration. The arbitration process allows investors to pursue claims against both the broker and the firm for unsuitable recommendations, breach of fiduciary duty, and other securities violations.
Q3: What is FINRA arbitration?
FINRA arbitration is a dispute resolution forum specifically designed for securities-related claims. It provides a faster and less expensive alternative to traditional court litigation, with most cases resolved within 12-16 months. An arbitration panel reviews the evidence and makes a binding decision on the claim.
Q4: What does “unsuitable investment” mean?
An unsuitable investment is a security or product that does not align with an investor’s financial situation, risk tolerance, investment objectives, or time horizon. Brokers have a legal obligation to recommend only suitable investments. Violations can include recommending high-risk products to conservative investors or concentrating too much of a portfolio in one product type.
Q5: How do I look up a broker on BrokerCheck?
Visit FINRA’s BrokerCheck website and search by the broker’s name or CRD number. The report will show employment history, qualifications, and any customer complaints, regulatory actions, or terminations. BrokerCheck is a free public resource maintained by FINRA.
Q6: What should I do if I suspect broker misconduct?
First, gather all account statements, correspondence, and documentation related to your investments. Next, consider filing a complaint with FINRA and your state securities regulator. Finally, consult with a securities attorney experienced in FINRA arbitration to evaluate whether you have a valid claim for recovery.
About Patil Law, P.C.
Patil Law, P.C. is a securities litigation firm dedicated to representing investors who have suffered losses due to broker misconduct, unsuitable recommendations, and securities fraud. Founded in 2018 by attorney Chetan Patil, the firm focuses exclusively on FINRA arbitration and investment loss recovery.
With over 15 years of combined experience in securities law, Patil Law has successfully recovered more than $25 million for clients across 1,000+ cases. Attorney Chetan Patil earned his law degree from Case Western Reserve University School of Law. Attorneys Gabriela Dubrocq and Patricia Herrera earned their law degrees from University of Miami. The firm handles cases nationwide involving unauthorized trading, churning, unsuitable investments, breach of fiduciary duty, and failure to supervise.
Patil Law works on a contingency fee basis, meaning clients pay no attorney fees unless the firm successfully recovers money on their behalf. All consultations are free and confidential.
Contact Patil Law for a Free Consultation
If you experienced investment losses while working with Brian Thomas Abbott or another broker at Cambridge Investment Research, contact Patil Law, P.C. today. Our experienced securities attorneys can review your case and explain your legal options at no cost and with no obligation.
Call: 800-950-6553
Email: info@patillaw.com
Website: investmentlosslawyer.com
Disclaimer: The information in this post is based on FINRA BrokerCheck records and public filings. Allegations described are pending or unproven and may be contested. All investors are entitled to fair treatment under securities laws. This is attorney advertising. Prior results do not guarantee a similar outcome. This communication is for informational purposes only and does not create an attorney-client relationship.
