(CRD #4601257, Saddlebrook, New Jersey)

October 21, 2025 – An AWC was issued in which Brandon V. Spano was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for three months. Without admitting or denying the findings, Spano consented to the sanctions and to the entry of findings that he engaged in an OBA involving acquiring real estate without providing written notice to his member firm. The findings stated that Spano entered into an agreement with a firm customer to invest in real estate. The customer provided $110,000 to Spano pursuant to that agreement. Spano provided $340,000. Spano used the funds to purchase real property with the intention of renovating and reselling the property. Thereafter, Spano coordinated renovations to the property, including by himself and third-party contractors. Spano reasonably expected to receive a share of the profits of any resale of the property. Spano’s real estate business was outside the scope of his employment with his firm. In addition, Spano falsely attested to the firm in annual compliance questionnaires that he had disclosed to it all OBAs. The suspension is in effect from November 3, 2025, through February 2, 2026. (FINRA Case #2023080632301) If you have suffered losses as a result of Brandon V. Spano's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Brandon V. Spano. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at  (813) 226-3372 or email Matthew Schwartz directly at mschwartz@tslfirm.com.